Quote:
Originally Posted by JohnnyD
I can hear it now: "While there is no short-term solution to high gas and oil prices (my note: which there really isn't), my clean energy initiatives would help prevent these kinds of spikes in the future. But the Republicans are continually preventing progress towards getting us away from foreign oil."
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you nailed it....except his clean energy initiatives keep going bankrupt and that's not the repubs fault...maybe they're just underfunded?...yep....that will worK
I was curious as to which Obama clean energy initiatives the Republicans could be blamed for thwarting since it seems as he's gotten most of what he wanted and it just hasn't turned out so well...this was the best I could find...
Here’s some of the renewable energy tax provisions, that congress could have had a chance to vote up or down, if the GOP had not filibustered the entire bill, rather than let the Bush era tax cuts for the rich expire.
Baucus Amendment 4727: To change the end date from 2010, by extending till December 2011:
1. Section 1603 of the American Recovery and Reinvestment Act –
cash in lieu of tax credit for businesses not making a profit and unable to take the 30% tax credit
2. Tax credits for heavy hybrid and natural gas vehicles and a
30% investment tax credit for alternative fuel refueling stations.
3.
Tax breaks for ethanol, 36 cents a gallon for blenders, and 8 cents a gallon for small producers. A 54 cents per gallon tariff on ethanol imports.
4. A $1-per-gallon production tax credit for biodiesel and biomass diesel and the small agri-biodiesel producer credit of 10 cents per gallon
extended through 2011.
5. A
50-cent-per-gallon tax credit for biomass and other alternative fuels.
6. Tax credits for energy-efficient appliances and homes.
8.
Adding $2.5 billion in funding for Section 48C the advanced energy manufacturing 30% tax credit for companies manufacturing advanced clean energy products and materials.
9. Reinstating the Research and Development tax credit.
Source: Clean Technica (
Republicans Kill Section 1603 Renewable Energy Cash Grants - CleanTechnica)
isn't this CORPORATE WELFARE??? cash handouts and special treatment through the tax code...hmmmmm?
my favorite is CASH for businesses not making a profit
that's great!