Invest in a Clean Energy Future by Ending Fossil Fuels Subsidies

Earlier this month, President Obama called on Congress to repeal the $4 billion annual subsidies we give to oil companies, and they are scheduled to vote on doing so today.

Congress “can either stand up for oil companies, or they can stand up for the American people,” the President said in a recent Weekly Address. “They can either place their bets on a fossil fuel from the last century, or they can place their bets on America’s future.”

Investing in an all-of-the-above energy strategy—one that relies on domestically produced oil and gas, clean renewable resources like wind and solar power, and new technologies that help us use less energy altogether—requires the putting the right incentives in place.

Instead of subsidizing the fossil fuels of the last century by giving away $4 billion of taxpayer money each year to oil companies that are more profitable than ever, we should be investing in a clean energy future—especially when gas prices are high and drivers, whose budgets are already stretched thin, are feeling the pain at the pump.

President Obama explained earlier this month in New Hampshire:

We want to have successful oil companies that are able to get the oil that we have in our country, but we also understand that our future requires us to make investments in clean, renewable energies.  And that has to start now.  We can’t wait.  We can’t wait until gas has skyrocketed more and people are desperate.  We need to start making those investments now.

Read more about the factors that go into high gas prices and why we need to take control of our energy future.

March 26: News Roundup, Health Reform Monday

With the U.S. Supreme Court entering day one of debate on the health care bill, the public seems to think that it is an unconstitutional overreach of federal power. But most legal scholars disagree. Dan Rather Reports has a primer on what’s at stake.

A quick guide to the Supreme Court debate on health care. There’s more at the Economist.

The health care marathon begins. There’s more at the Los Angeles Times.

Today’s health care argument on Court jurisdiction: The Anti-Injunction Act. There’s more at the Washington Post.

A history primer on the Constitutional Commerce Clause. There’s more at The Atlantic.

A quick look backward at the Republican Party’s backing for mandates. There’s more at ThinkProgress.

Former Supreme Court Clerks join other legal experts in predicting Affordable Care Act will be upheld. There’s more at the Huffington Post.

First play-by-play on Supreme Court proceedings hits the street. There’s more at Politico.

49 States already implementing health reform. There’s more at ThinkProgress.

Supporters out-organize opponents outside Supreme Court on Monday. There’s more at Politico.

Oil industry ramps up lobbying offensive on tax breaks. There’s more at The Hill.

Mitt Romney’s energy flip-flops revealed. There’s more at TPM.

Santorum New York Times tantrum number 9… There’s more at TPM.

Santorum plans for tantrum number 10 at the steps of the Supreme Court. There’s more at The Hill.

Paul Ryan lies about his Medicare plan on FOX. There’s  more at Daily Kos.

Paul Ryan claims to close tax loopholes, but won’t say where. There’s more at TPM.

Individuals denied the right to vote by ID laws begin to pile up. There’s more at ThinkProgress.