Posted by Jed Lewison on Wed Aug 13, 2008 at 11:04 AM Pacific

McCain Says 'No' To Renewable Power, 'Yes' To More Oil

I don't always agree with Tom Friedman, but this time he's right: John McCain's bluster about achieving energy independence is entirely bogus.

The problem is that while McCain is fighting for more tax cuts for oil companies, he's refusing to support an extension of investment tax credits to support R&D for renewable energy sources like wind and solar.

These aren't new tax credits -- they are existing ones -- and continuing them is essential to eliminating our addiction to oil. Whether or not John McCain understands this is an open question, but there's no doubt about this: he's putting oil industry first, and he'll never do anything they don't support.

McCain Says 'No' To Renewable Power, 'Yes' To More Oil

I don't always agree with Tom Friedman, but this time he's right: John McCain's bluster about achieving energy independence is entirely bogus.

The problem is that while McCain is fighting for more tax cuts for oil companies, he's refusing to support an extension of investment tax credits to support R&D for renewable energy sources like wind and solar.

These aren't new tax credits -- they are existing ones -- and continuing them is essential to eliminating our addiction to oil. Whether or not John McCain understands this is an open question, but there's no doubt about this: he's putting oil industry first, and he'll never do anything they don't support.

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