Obama Pushes to Extend Wind Subsidy

President Obama dug at Mitt Romney's opposition to subsidies like one for wind energy producers that's about to expire and others that offer tax credits for cleaner oil alternatives. "The wind industry supports about 5,000 jobs across this state," the President said near a wind turbine manufacturing plant in Pueblo, Colorado Thursday. "Without those tax credits, 37,000 American jobs, potentially including hundreds of jobs right here, would be at risk." Obama touted, to a supportive crowd, the benefits of clean energy as a means of competing with other countries instead of continuing to subsidize the oil industry with $4 billion a year. The tax credit on companies that produce wind energy has been consistently renewed for the past twenty years but is set to expire at the end of this year. While Obama advocates renewing it again, Mitt Romney has made clear that, if elected, he'd let the subsidy die.