Tags: General Political
Sarah Palin reversed her previous stance on energy subsidies Tuesday when she proclaimed that all energy subsidies—both for oil and clean energy—should be eliminated. “I think that all of our energy subsidies need to be relooked at today and eliminated," Palin said in an interview with Real Clear Politics. “And,” she continued, “We need to make sure that we're investing and allowing our businesses to invest in reliable energy products right now that aren't going to necessitate subsidies because, bottom line, we can't afford it."
Palin’s recent comments contradict statements she made previously in a Fox News interview. When asked where she stood on ending oil subsidies—a goal of the Obama administration—Palin argued that the impact of such a policy on the deficit would be negligible. “We’re only talking about four billion dollars,” Palin said. “Four billion dollars is a drop in the bucket.” She continued, arguing that revoking oil subsidies would only hurt small, independent entrepreneurs.
Reporting on Palin’s Tuesday comments, Real Clear Politics reporter Scott Conroy speculates that Palin’s anti-subsidies stance is part of an agenda to make energy a central part of her campaign, should she decide to run in 2012.