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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:15 PM
Original message
Visionary GOP Leadership - Ryan Plan Would Eliminate All Alternative Energy Credits, Most Research $
A long-term Republican budget plan released this week by Representative Paul Ryan of Wisconsin calls for drastic cuts in federal spending on energy research and development and for the outright elimination of subsidies and tax breaks for wind, solar power and other alternative energy technologies.

The plan rolls back expensive handouts for uncompetitive sources of energy, calling instead for a free and open marketplace for energy development, innovation and exploration, Mr. Ryan, chairman of the House budget committee, wrote on Monday in The Wall Street Journal. The details were released on Tuesday.

Mr. Ryans plan has yet to be finalized or endorsed by the full House and is expected to be opposed by President Obama and the Senate, which is controlled by Democrats. But it enjoys substantial support among Republicans could loom large in the run-up to next years elections. Under the Republican plan, overall discretionary funding for energy programs would fall to about $1 billion per year. President Obamas 2012 budget, meanwhile, would provide about $8 billion to support clean energy research and deployment.

Mr. Ryans proposal calls specifically for eliminating welfare for energy companies. The proposal does not include details on which subsidies would be curtailed, but its references to uncompetitive energy sources clearly point to wind and solar power, which typically generate electricity at a premium to fossil fuels like coal.

EDIT

http://green.blogs.nytimes.com/2011/04/06/clean-energy-...
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barbtries Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:19 PM
Response to Original message
1. typical GOP leadership
slash and burn
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:13 PM
Response to Original message
2. IMO the only thing good about this is that he is young enough to live
to see the damage he has done to our people and our country. And I hope he has to share in the suffering.
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abqmufc Donating Member (590 posts) Send PM | Profile | Ignore Thu Apr-07-11 01:21 PM
Response to Reply #2
3. I doubt it....
something will take his life before his time is up. It is called karma and it is a bitch.
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Nihil Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-08-11 03:11 AM
Response to Reply #2
5. He is rich (and will be richer by then) so isn't going to "share in the suffering" at all.
And if he can come out with crap like that "plan" then he isn't
going to be the least bit worried about "seeing the damage he has
done to our people and our country".

Face it, have you seen the least bit of remorse on *any* past
president's face (with the possible exception of Carter)?
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:56 PM
Response to Original message
4. Passed the 2012 piece out of the House Budget committee this morning. Will get full House vote.
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