Mitt Romney's Winners And Losers

grist.org — The Big Energy industries (oil, coal and gas) along with their political allies like Mitt Romney are waging war against sustainable energy and efforts to transform our energy system and reverse global warming. In many instances, they are aided and abetted by the very powerful nuclear power industry. One of their main lines of attack (used repeatedly by Romney in his first debate with President Obama) is that the federal government is picking energy “winners and losers.” Romney says he will not invest in “chasing fads and picking winners and losers” among energy technologies and will instead allow the free market to determine energy development. Romney is right about one thing: The government does pick winners and losers in the energy sector. What Romney has not told the American people, however, is that the big winners of federal support are the already immensely profitable fossil fuel and nuclear industries, not sustainable energy.

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