Alexi Giannoulias on Energy & Oil


Clean energy future for national security & job creation

Q: As a friend of the President, what midcourse corrections would you advise him to take?

GIANNOULIAS: There was an omnibus spending bill which had thousands of earmarks, a ton of pork; I would have voted against it. I think President Obama should have vetoed it.

Q: I'm talking about going forward, though.

GIANNOULIAS: Going forward, I think we need to do everything we can to create a sense of urgency when it comes to a clean energy future. I think it's a priority not just from a moral perspective, but from a national security, from a global competitiveness, and from a job creation standpoint. And we need to do everything we can to incentivize the private sector again to start hiring. That means tax cuts. That means making it a better business environment. That means increasing access to capital. There is a bill that would provide $30 billion to community banks. $12 billion in tax breaks to middle to small business. This is something that Congressman Kirk voted against.

Source: ABC News transcript: 2010 IL Senate debate Oct 19, 2010

Incentives for hybrid vehicle purchases

My record speaks for itself--I led the way on incentives for hybrid vehicle purchases and job creation, expanded the state's scholarship programs to provide financial aid to the children of fallen soldiers, and committed myself to tackling inefficiency and corruption in state government. I took Illinois' Bright Start college savings program from one of the worst in the nation to one of the best, with Money Magazine and Consumer Reports highlighting it as one of the top programs in the country in 2009.
Source: Democracy For America 2010 endorsements Aug 12, 2010

Put price on global warming pollution to spur investment

As America maintains a dangerous dependence on foreign oil, our global competitors are investing heavily in renewable energy and efficiency technologies. While we struggle with modest policy changes to reduce our emissions of climate change pollution, China invests 10 times more than the US in clean power as a percentage of GDP.