Exchange in Senate committee displays energy misconception

04/04/2014
Misconception common in US government decision-making about energy received full exposure Apr. 3 in the Senate Finance Committee. During work on a bill to extend expiring tax measures, Pat Toomey (R-Pa.) offered an amendment to remove incentives for alternative energy. “I don’t think we should force taxpayers to subsidize inefficient, uncompetitive forms of energy,” Toomey said, according to The Hill news service. “We are simply picking winners and losers.” Debbie Stabenow (D-Mich.) countered, “I would argue that Congress has picked a winner in the oil industry, and they have won.” Charles Grassley (R-Iowa) added, “The 100-year-old oil and gas industry continues to benefit from tax prefer...
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