Granholm: We Should 'Create Huge Incentives' for Green Energy, End Subsidies for Oil and Gas, and Oil Industry Should Increase Production

Granholm: We Should ‘Create Huge Incentives’ for Green Energy, End Subsidies for Oil and Gas, and Oil Industry Should Increase Production


On Monday’s broadcast of CBS’ “Late Show,” Energy Secretary Jennifer Granholm touted the “huge incentives” in the form of tax credits that will “really push forward the deployment of clean energy” in the reconciliation package and also stated that “we should not be subsidizing the oil and gas industry.” But we need them to increase production now.

Granholm said that the spending in the reconciliation bill is “the largest amount that anybody has ever invested in the United States and any president has ever invested in climate. And the thing that’s going to really push forward the deployment of clean energy are these tax credits, which are very — which will create huge incentives for wind and solar and geothermal. … Because it’s going to

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