Tags: General Political
LCV President Gene Karpinski and United Steelworkers President Leo Gerard write in the Des Moines Register that Mitt Romney's energy plan would cost Iowa thousands of wind energy jobs:
Iowans have seen firsthand that investing in wind energy creates jobs. That’s why it was especially disappointing that Mitt Romney recently told The Des Moines Register that if elected, he would let tax incentives for wind energy expire at the end of the year — a position that would cost thousands of jobs in Iowa and many more across the nation.
Romney’s plan is so extreme that Gov. Terry Branstad and the state’s entire congressional delegation have come out in opposition. It’s easy to understand why. Although politicians in Washington don’t seem to agree on much, these incentives for wind energy — called the production tax credit — have been an exception.
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Under a Romney administration, wind energy’s demise would be Big Oil’s gain. Although he would end tax credits for wind energy, Romney favors continuing taxpayer-funded subsidies for the oil industry. That means thousands of clean energy jobs would be lost in Iowa, while Big Oil continues receiving billions of our tax dollars every year, despite being among the most profitable industries on the planet.