The Winds of Change
8/15/12 | | 9 comments
The progress in the development of sources of alternative energy under the Obama Administration could best be summed up in the excerpt below.
From Time Magazine:
"Before President Obama took office, the U.S. had 25 gigawatts of wind power, and the government’s “base case” energy forecast expected 40 GW by 2030. Well, it’s not quite 2030 yet, but we’ve already got 50 GW of wind. We’ve also got about 5 GW of solar, which isn’t much but is over six times as much as we had before Obama. Mitt Romney has suggested that wind and solar are “imaginary” sources of energy. But they can now power 15 million homes, and their industries employ more than 300,000 Americans. That’s real."
This success is all the more reason to not only keep, but extend tax credits in this sector. We do the nation a huge disservice if we were to roll back these tax credits and remain chained to subsidizing fossil fuels.