I know that oil and gas companies won't like us ending nearly $30 billion in tax breaks, but that's how we'll help fund a renewable energy economy that will create new jobs and new industries.
Since I was one of the Republican attack dogs who particularly attacked him for this during the campaign, I'll bite and go there again: Obama being concerned about the implications of these tax breaks where potential for developing alternative energies is concerned is all very well and good, but if this is how he feels, it's too bad he didn't have the balls to vote against the 2005 energy bill (you know, the one written by Dick Cheney), which contained $2.8 billion in tax breaks for oil and gas companies. Obama voted for that bill. (For what it's worth, he also took more money from employees of companies like Exxon, Chevron and BP than did John McCain during last year's campaign, at least as of August). [intro]