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Bottom Line Roundup
Doesn't look promising. He says he'll only support a mandatory domestic cap-and-trade scheme if it's part of an international cap. So does that mean he supports an internatonal cap?
Romney's been playing it safe with the Detroit Big Three. In a speech to the Detroit Economic Club he said that the nation's automotive fleet must become more fuel efficient. But he also said that government-mandated CAFE standards aren't the way to get there. So instead of changing the CAFE requirements, he proposed "evaluating the alternatives." Which are...? Unspecified to date.
Perhaps he's still listening to his former consultant, Trent Wisecup, who said in a recent Boston Globe article, "It's God, country, auto industry, party -- in that order."
Romney lost a lot of credibility on the climate issue when he suddenly pulled Massachusetts out of the Regional Greenhouse Gas Initiative in 2005, a cap-and-trade system for the Northeastern states. And he hasn't gained it back. These days, he's only for a U.S. carbon cap if it's part of a global cap-and-trade scheme. But what's interesting is that his adviser, Gregory Mankiw, is a staunch proponent of a carbon tax over any cap-and-trade plan.
Romney's words: "Coal is an important part of America's energy mix." So important that he's all for liquefying it. Liquefied coal, the dirtiest fossil fuel on Earth.
Not a likely supporter. From The Nation: "Mitt Romney echoes Dick Cheney, pitting the economy against clean energy, warning that 'Republicans should never abandon pro-growth conservative principles in an effort to embrace the ideas of Al Gore.' "
Romney supports ethanol, biofuels and nuclear energy as alternatives to foreign oil. And he ranks coal right alongside them. Safe to say this is not the prez to lead us to a clean energy future.



















