The President derided Romney's stance on wind power while Romney said Obama is waging a "war on coal." The Obama administration through the EPA has enacted regulations on new power plants that make it harder to build new highly polluting coal-fired plants.
While Republicans talk about "unshackling Wall Street," Biden said GOP lawmakers would put them "back in chains" by getting rid of financial industry regulations.
Romney, promised to make the US energy independent, and abundant American coal along with dirty tar sands oil from Canada, could make this possible. However the price will be a dramatic increase in already unsustainable greenhouse gases. Which in turn will lead to runaway climate change.
By contrast, Obama is also seeking to stop giving $4 billion in taxpayer subsidies each year to big oil companies and keep investing in renewable sources of energy like wind.
Iowa gets 20 percent of its electricity from wind power and the wind industry has created between 6,000 and 7,000 jobs in Iowa area.
While Romney has opposed extending the alternative energy credits, he is opposed by Iowa Republicans like Gov. Terry Branstad and Sen. Charles Grassley who want to keep the credits. Even Republicans can see the value of investments in renewable energy.
© 2012, Richard Matthews. All rights reserved.
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That probably was one of the main reasons romney didn't win. Not only did he not have a solid financial plan, he also had a "sure-to-fail" energy plan. If only he had backed solar power he might have had a chance.
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