Wednesday, May 21, 2008

From GraniteGrok has posted Grant's recent op-ed on energy. Grant will be releasing a comprehensive energy plan tomorrow.

My preferred energy policy would level the playing field for new technologies. We should not be subsidizing established industries such as coal, oil, and natural gas. And tax credits provided for emerging energy sources should be both technology-neutral and permanent. Temporary extensions of our tax credits force emerging energy companies to spend too much time asking Congress to maintain the credits. I would prefer a tax code that is predictable. With permanent tax credits in place, entrepreneurs could explore new technologies without fear of Congress changing the landscape.

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