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Originally Posted by dc_dux
IMO, and for the purposes of a national energy policy, the more relevant comparison would be the tax breaks/incentives to oil companies as opposed to renewable energy resources and alternative energy development.
The tax breaks/incentives in the 2005 energy bill were weighted heavily (65%-35%...if i recall correctly) towards oil and coal companies ($18 billion..if i recall correctly) at the expense of renewables and new energy technologies.
A 2008 bill try to reverse (or at least equalize) those tax breaks/incentives, but has been blocked by Repubs in the Senate, along with a Bush veto threat.
A national energy policy should be far more balanced in its tax treatment...and IMO, if its tilted at all, it should be tilted towards getting us off a dependency on oil.
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Can you give an example of a tax break currently given to oil companies that you want taken away?
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