Dem's rollback Big Oil tax breaks in first 100 hours

Mon, 2007-01-22 09:56Kevin Grandia
Kevin Grandia's picture

Dem's rollback Big Oil tax breaks in first 100 hours

Here's some video footage of Democratic House Leader, Nancy Pelosi, talking tough on global warming and energy independence.

Within the first 100 hours of the new Congressional session, Pelosi and the Dems have committed to introducing new legislation “repealing big oil subsidies and investing in renewable fuels.” So far, the Democrats have kept to their word and passed the Clean Energy Act, rolling back subsidies to big oil companies.

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The phrase “clean coal” has about as much merit as saying “sanitary sewage,” but that hasn’t stopped the industry and pro-coal talking heads from repeating that phrase ad nauseum to the American public.

The Orwellian industry buzzphrase was so successful that the Obama administration, as part of the 2009 stimulus package, pledged more than $1 billion to create the largest carbon-capturing system known as FutureGen 2.0. The...

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