Big Oil Buys Gusher: 5 Pro-Oil Planks In Romney Energy Plan

[ProSense]

Big Oil Buys Gusher: 5 Pro-Oil Planks In Romney Energy Plan

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The Romney-Ryan plan once again claims mysterious “trillions” of dollars in government revenue; however, a recent Congressional Budget Office analysis found that their proposals would bring in only limited federal revenues over the next decade. Instead, the Romney-Ryan energy plan includes billions of dollars of tax breaks to corporate polluter allies, access to lands and waters owned by all Americans, and fewer restrictions on mercury, toxic, and carbon pollution.

Here are five facts about the Romney-Ryan “oil above all” energy strategy you ought to know in advance of his energy speech in New Mexico today.

1. The Romney-Ryan plan gives the big five oil companies a $2.3 billion tax cut above and beyond existing tax loopholes <...>

2. Romney plan gives Americans’ lands and waters to dirty energy interests <...>

3. Romney and Ryan would cede clean energy innovation, exports to China, Germany, other nations. They outsource energy jobs to our greatest competitors. <...>

4. Romney plan won’t reduce oil and gasoline prices <...>

5. Romney and Ryan support continuing mercury contamination from power plants <...>

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http://thinkprogress.org/climate/2012/08/23/734721/big-oil-buys-gusher-5-pro-oil-planks-in-romney-energy-plan/

Romney’s Opposition To Wind Tax Credit May Become A Political Liability In Iowa: ‘This Is A Very Big Deal For Us’

By Stephen Lacey

Chaz Miller is the exact type of voter that Mitt Romney and Barack Obama would love to win over in the fall.

A registered Independent, Miller’s political views range across the political spectrum. As a moderate fiscal conservative, he’s concerned about some of the spending measures proposed by Democrats. As a moderate on social issues, he believes that Republicans have become too polarizing on gay marriage and abortion.

But for Miller, there’s one really big issue that could influence his vote for president: Wind.

Miller is mayor of Newton, a town in central Iowa that represents one of the most visible and uplifting stories on the economic impact of domestic wind manufacturing. And as someone who’s seen the enormous jobs benefits from the wind industry, he’s increasingly worried about a key federal tax credit for the industry set to expire at the end of this year.

Romney says he wants to immediately end the tax credit; Obama has been pushing Congress to renew it.

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http://thinkprogress.org/climate/2012/08/23/730651/romneys-opposition-to-wind-tax-credit-may-become-a-political-liability-in-iowa-this-is-a-very-big-deal-for-us/

[KansDem]

1. Christmas comes early for Big Oil