Mercury Rising 鳯女

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Posts Tagged ‘GOP Congress’

GOP Congress Helping China Kill America’s Green Energy Industry

Posted by Phoenix Woman on May 23, 2012

Not sure if this is mainly to please their dirty-energy industry friends, or because they might be getting money from overseas green-energy businesses, or some other combination of vectors, but this doesn’t reflect well on our GOP Congress:

According to Third Way, Congress’ view that private sector funding will be enough to create a vibrant new industry “ignores history.” It writes, “when the opportunities and/or risks are perceived to be in the national inter­est, the federal government has supported numerous industries and individual companies for centuries. As far back as 1789, the government imposed tariffs on coal imported from Great Britain in order to give domestic producers a competi­tive advantage in a developing domestic market.”

The report then points to the billions of dollars that the U.S. government has offered to oil, gas and nuclear companies, vastly greater than the level of support offered to renewables.

The full report is here.

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