Romney & Ryan’s Fossil Fuel Favoritism: Starve Clean Energy, but Feed Oil with Taxpayer Money

Mitt Romney announced last week he would not extend an incentive for wind and solar power if he were elected president. Clean energy is often cast as a Democratic issue, but the incentive has broad Republican support. More than 80 percent of installed wind power comes from Republican-majority states.

Romney, however, persists in deriding the success of renewable energy. In an op ed this spring, he said wind and solar power were part of President Obama’s “imaginary world.”

Yet any American who has taken a road trip this summer knows clean energy is very real. Wind turbines have sprouted on ridgelines across the country, employing steelworkers, producing income for farmers, and generating clean energy that doesn’t endanger our health.

Roughly 35 percent of new power built in the United States in the last four years has come from wind, and more than 100,000 Americans now have jobs in the solar industry.

Clean energy has become one of the brightest spots in our economy and helped retain our competitive advantage in the global market. But Romney can’t see where the future is headed. He wants to end renewable incentives, yet continue underwriting oil and gas companies with billions of taxpayer dollars every year. He wants to turn his back on the innovative edge of the energy market in order to prolong the same coal, oil, and gas habits we have used for the past century.

His new running mate, Congressman Paul Ryan, shares Romney’s fossil fuel favoritism. The Ryan budget passed by the House would dish out $40 billion in subsidies to oil companies over the next ten years, but would slash clean energy investments by 90 percent by 2014—down to just $1 billion.

Romney and Ryan’s failure to support clean energy is a failure of imagination. They are so eager to appeal to the far-right side of their party and placate their deep-pocketed donors from the fossil fuel industry that they can’t see what any American driving through Indiana, Kansas, Utah, Ohio, Michigan and countless other states can see: clean energy is already taking root in our communities, already putting people to work, and already making our air safer to breathe. We should nurture this growth and prosperity, not thwart it.

The Best Ticket Dirty Money Can Buy

This morning, we awoke to news that Congressman Paul Ryan (R-WI) will be Mitt Romney’s running mate. 

I am sure the Koch brothers are smiling this morning because they have been cultivating Congressman Ryan since he set foot on Capitol Hill, giving him one of his first donations in 1999.

Koch Industries, owners of one of the largest petrochemical companies in the world, has been the 6th largest contributors to Cong. Ryan during his career, giving him $65,500.  In fact, the oil and gas industry has given him $244,250 since 1999.  Now sure, the Koch Brothers are behind Philip Morris, and the NRA, but they played the long game with this career-politician pick and Ryan as VP will solidify their support.

The fossil fuel industry was already sitting pretty even before the Ryan selection.  The Romney campaign has already benefited from the overwhelming spending of outside groups, like Restore our Future, a well known Koch-funded entity, that has already spent $14,011,137  in a brazen effort to buy the White House.

What has this money bought for the polluters?

Romney went from standing in front of a coal plant talking about how they kill people in 2003 to standing with one of the most radical members of the Senate, James Inhofe (R-OK) to stop EPA’s efforts to reduce mercury from power plants.  As my colleague at NRDC, John Walke, says, “It’s appalling that anyone would vote to expose our children to more mercury, a dangerous brain poison, and over 80 other toxic air pollutants that power plants in the U.S. spew every day.”  John goes onto note that these standard are projected to prevent 11,000 premature deaths; nearly 5,000 heart attacks, 130,000 asthma attacks, 5,700 hospital and emergency room visits; and 540,000 days when people miss work and school. 

For his part, Cong. Ryan, with his abysmal 16% League of Conservation Voters score, has voted to delay long-overdue air pollution control standards for industrial boilers and incinerators that also emit mercury.  He voted against efforts to protect communities from coal ash - the toxic byproduct of burning coal that contains arsenic, lead, and other heavy metals - metals that when some are ingested have devastating results like lower IQ

As someone who spent much of her youth in towns in Appalachia surrounding these coal facilities, I can tell you that the devastation is enormous and the fact that Ryan took the side of the polluters instead of children with learning disabilities caused in some part by that pollution is astonishing.  Add on top of all of this, the cuts that Ryan’s budget proposed - cuts that would’ve devastated community water systems and kept enforcement cops off the street who keep companies from breaking laws that protect our communities.  Heck, his budget would’ve even eliminated programs for sidewalks, not to mention public transportation infrastructure

Yes, Koch Industries is sitting pretty today.  Let’s hope that the voters see in November see that a Romney/Ryan ticket isn’t about protecting their families or helping us get on the right track - it is the best ticket dirty money can buy.  Look no further than the record to see for yourself. 

 

 

 

 

 

 

 

Gabby, Ryan, and Home Opportunity for All

Even Olympians are, alas, not immune from America’s homeownership crisis. The Associated Press reported this week that the parents of U.S. Olympic swimmer Ryan Lochte are facing foreclosure in Florida, while the mother of gold medal gymnast Gabby Douglas filed for bankruptcy in Virginia last year, she said, “to protect my home.”

I don’t know the circumstances of these families’ financial challenges. But the fact that families who had the discipline, commitment, and drive to raise Olympic gold medalists did not have the systems or information needed to remain successful homeowners reaffirms that the promise of American opportunity is at grave risk.

Roughly four million American families lost their homes to foreclosure between the beginning of 2007 and early 2012. Some 11 million are struggling with “underwater” mortgages, meaning that they owe more than their home is worth. That’s just under a quarter of all U.S. homes with a mortgage. For most, a perfect storm of financial industry misconduct, inadequate consumer protections, falling home prices, and record unemployment are at the core of the problem.

The Lochte and Douglas families are fortunate. Their kids are now stars who will soon be paid millions in endorsement proceeds—Gabby’s already on the cover of a cornflake box.

But for most Americans, the solutions require broader action. An alliance of consumer protection, fair lending, and housing experts have developed a Compact for Home Opportunity, with over two dozen practical, tested solutions for preventing needless foreclosures, restoring neighborhoods, and rebuilding the American dream. The Compact is powered by Home for Good, a national campaign driven by people concerned about the enduring foreclosure and housing crisis.

The Compact’s solutions range from increased access to housing counseling, to reducing loan principal to fair market value, to increased fair housing and lending protections. Some states, notably California, have adopted important elements of the Compact. But a more robust, national approach is needed. Home for Good is pushing housing issues back into the presidential contest, and onto the national agenda, demanding that candidates and policymakers take a stand on the causes and solutions to the crisis. With foreclosures and bankruptcy intruding even into the Olympic games, their call is increasingly hard to ignore.

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