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Mitt Romney

Clean Energy

Mitt Romney would eliminate investments in clean technology – and routinely mocks renewable energy:

Romney wants to end wind production tax credit (PTC).  The Des Moines Register reported, “The lines are now drawn on a political hot button in Iowa: a lucrative tax break for wind energy. Mitt Romney is against it, President Barack Obama favors it — opposing stances that could have political and economic implications in Iowa, which has more wind energy jobs than any other state in the nation. … Romney aides spelled out the GOP presidential candidate’s position in a statement Monday, drawing criticism from at least one Republican elected official in Iowa. Shawn McCoy, a spokesman for Romney’s Iowa campaign, told The Des Moines Register, ‘He will allow the wind credit to expire, end the stimulus boondoggles, and create a level playing field on which all sources of energy can compete on their merits. Wind energy will thrive wherever it is economically competitive, and wherever private sector competitors with far more experience than the president believe the investment will produce results.’” [Des Moines Register, 7/30/12]

Romney would end government support for wind and solar power. According to McClatchy: “Romney rejects government support for wind and solar energy development. ‘To begin with, wind and solar power, two of the most ballyhooed forms of alternative fuel, remain sharply uncompetitive on their own with conventional resources such as oil and natural gas in most applications,’ his plan says. ‘Indeed, at current prices, these technologies make little sense for the consuming public but great sense only for the companies reaping profits from taxpayer subsidies.’” [McClatchy, 11/7/11]

Romney declared wind and solar power are not “real energy.” In an op-ed in the Columbus Dispatch, Romney wrote: “In place of real energy, Obama has focused on an imaginary world where government-subsidized windmills and solar panels could power the economy. This vision has failed. … The costs of this anti-growth agenda are plain. Our economy just had its worst non-recession year since World War II, and families are feeling the pain directly as gasoline prices surge to record highs.” [Columbus Dispatch, 3/5/12].

Romney dismissed green energy technologies as “expensive fads.” In an op-ed published on CNBC.com, Romney wrote: “President Obama came into office pledging to spend $150 billion to generate five million ‘green’ jobs. With politically connected firms vying for federal grants, the result has been fiascos. … There’s worse. For even as the Obama administration has been chasing expensive fads, it has severely restricted domestic energy production. Yet if we are going to grow again, we need to tap our nuclear know-how and our vast reserves of oil, gas, and coal.” [CNBC, 11/8/11].

Romney mocked the Chevy Volt. MLive.com reported: “Presidential hopeful Mitt Romney was born in Detroit, but critics say he's turned his back on the industry that has long-defined the Motor City. The latest example, they say, occurred last night when a caller on a Boston-area talk radio program asked Romney how he would describe the Chevrolet Volt. ‘The Chevrolet Volt? Let's see. An idea whose time has not come,’ Romney said, chuckling.” [MLive.com, 12/23/11].



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