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Ron DeSantis on Energy & Oil

 

 


No delay on Keystone pipeline for security & safety study

Ballotpedia.org analysis of Congressional voting record on energy issues: Keystone Pipeline Amendment: DeSantis voted NAY on House Amendment 69, which would have amended HR 3 to "require that the Pipeline and Hazardous Materials Safety Administration, in consultation with the Department of Homeland Security, conduct a study of the vulnerabilities of the Keystone XL pipeline to a terrorist attack and certify that necessary protections have been put in place." The amendment failed on May 22, 2013, with a vote of 176 - 239 and was largely along party lines.
Source: Ballotpedia.org coverage of 2016 Florida Senate race , May 22, 2013

Let wind energy production tax credit expire.

DeSantis signed a letter from 49 members of Congress to House leadershi

Excerpts from letter to House leadership:

"We offer our full support for allowing the most anti-competitive and economically harmful tax provisions, specifically the wind energy production tax credit (PTC), to expire. Extending the wind PTC is a key priority for the Obama Administration and its efforts to prop up wind and other favored "green energy" technologies. Under President Obama, federal subsidies for wind have grown from $476 million per year when he first took office to $4.98 billion per year today. A one-year extension of the wind PTC would cost American taxpayers over $13.35 billion. [which] has caused significant price distortions in wholesale electricity markets.

"The value of the Wind PTC today it is worth 2.3 cents per kilowatt hour produced. A wind project that "begins construction" in 2013 could receive subsidies until 2026. By ending this program now we will have given the wind industry a more than generous phase-out for a credit that is being awarded to a mature technology with over 61,100 megawatts of generation installed across the country and 13,400 megawatts under development in 21 states. Over 43% of all electric generation nameplate capacity additions in 2012 were from wind, overtaking natural-gas fired generation as the leading source of new power generation."

OnTheIssues note: The wind PTC subsidy will likely stay in place as long as Obama is president. In general, Democrats support alternative energy credits such as the PTC (which also applies to biomass and geothermal energy), although some Democrats from coal states or oil states oppose the PTC. The Republican signatories of this letter complain about the $5B annual subsidy for renewable energy--but they ignore fossil fuels subsidies including: $3B for fossil fuel tax subsidy; $1B for fossil energy R&D; and a $7B annual subsidy for oil & gas exploration.

Source: Letter to House leadership on Rep. Pompei's website 15_Lt_Wind on Aug 13, 2014

Other candidates on Energy & Oil: Ron DeSantis on other issues:
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Page last updated: Mar 22, 2017