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Gillibrand Hails Alternative Energy As 'The New Frontier'Submitted by Michelle Subbiondo on Tue, 2008-02-05 14:18.
The Daily Freeman reports that Gillibrand is recommending that nearly $13 in billion in subsidies given to oil companies be redirected to the research and development of alternative fuel technologies that would make alternative energy more affordable. She also supports long-term tax cuts as an incentive for companies to invest in such technologies. "America can be self-sustaining with energy produced in America," Gillibrand told business, municipal and community leaders at a meeting of the Northern Dutchess Alliance. "From a national security perspective, we have to move away from Middle Eastern oil. For economic security, we need a way to build jobs in this country." |
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