With the 2012 Presidential
Election only a matter of hours a way, You may wonder who is going green for
you and your family ? Here at My Planet Green Clean we have done some research.
Which candidate has been an activist for
renewable energy in efforts to stimulate job growth, boasted that he has created over thousands
of new green jobs, and personally written government checks for millions to
green start ups, which later filed for bankruptcy?
Answer: Mitt Romney
As governor of Massachusetts, Romney supported state
loans given to the solar companies Konarka Technologies and Evergreen Solar, both of
which went under after receiving help from the state. However, it has not
prevented Mitt Romney from bashing the Obama administration for backing
Solyndra, a solar company which also filed for bankruptcy after receiving loans as part of the federal stimulus package.
Which candidate is a supporter of expanding
oil and gas drilling off the coast of the U.S.,and approves of
"fracking," a controversial technique for exploiting natural gas
reserves ?
Answer: President Barrack Obama
While granting tax credits and loans to
green companies, the president has also expanded oil and natural gas drilling
in an effort to reduce America's
dependence on foreign oil. Obama has implemented a policy of all of the above, signifying
support for both fossil fuels and alternative energy technologies.
Which candidate aims to
expire the tax breaks for Wind Energy Producers by the end of the Year.
Answer: Mitt Romney
Governor Romney stated this in a conversation
about new energy policy, 'You can't drive a car with a windmill on it.'... I
don't know if he's actually tried that. I know he's had other things on his
car.Meanwhile Iowa was one of the states that benefited the
most from President Obama's support for wind power. The American Wind Energy
Association claims hat 37,000 jobs will be lost in Iowa and elsewhere if the
tax credit isn't extended this year
Another issue affecting their “stance on going
Green” is the estimated $52 billion a year in federal subsidies for America's
oil companies. President Obama plans to end them, whereas Romney supports
granting these corporate tax breaks in perpetuity.(See Above Answered Question Romney
aims to end tax breaks for Wind Energy)
Mitt Romney’s affection for the oil companies may stem in part from their graciously funding his campaign. Rolling Stone has
reported that by the end of August, the oil and gas industry had already
given more than $36 million to candidates and their PACs -- nearly 90 percent
of it to Republicans. In just one fundraising event in Texas, sponsored by
ExxonMobil CEO Rex Tillerson, oil company executives pledged $7 million to the
Romney’s campaign. This is actually quite small in comparison to the $400
million that the billionaire oil magnates David and Charles Koch donated to
Romney.
Although Romney is clearly the first choice
for America's fossil fuel industry, we must state that Big Oil and Gas have
thrived under President Obama, even though he has not given them free
reign, as other candidates plan to do.
In our Opinion neither candidate is proposing
policies, which will seriously challenge the continued dominance of fossil
fuels in the years ahead. Which can be arguably be "good news" for
the American economy in the short run, however the impact on our planet and in the long run is uncertain and up for discussion for another blog.
We will say its is quite clear on who supports
Oil companies and who is being supported by oil companies. But we don’t was miss
green, we mean miss lead you in the right direction.
