“Over the past four years, we’ve doubled the amount of electricity America can generate from wind—from 25 gigawatts to 50 gigawatts. And to put that in perspective, that’s like building 12 new Hoover Dams that are powering homes all across the country. We doubled the amount of electricity we generate from solar energy, too. And combined, these energy sources are enough power to make sure that 13 million homes have reliable power and support the paychecks that help more than 100,000 Americans provide for their families.
“That’s not imaginary. That is real. And that’s what’s at stake in November. Thirty-seven thousand American jobs are on the line if the wind energy tax credit is allowed to expire like my opponent thinks they should. And unlike Gov. Romney, I want to stop giving $4 billion in taxpayer subsidies to big oil companies that have rarely been more profitable so that we can keep investing in homegrown energy sources like wind that have never been more promising. That’s part of the choice in this election.”
—President Obama in Iowa today