OnTheIssuesLogo

Terry Branstad on Energy & Oil

 

 


Keep corn-based ethanol in nation's fuel supply

Branstad said he wanted to come up with a plan for repairing crumbling bridges and roads that didn't include raising the gas tax, which he said would hurt poor Iowans. Branstad also spoke about his efforts to maintain the amount of ethanol in the nation's fuel supply, given Iowa's role as the nation's leading producer of ethanol, a fuel additive primarily made from corn.

Hatch questioned tax cuts the state gave to a fertilizer plant that located in southeast Iowa, asking "why are we giving these kinds of incentives to corporations, instead of looking where job growth really is, it's in the small towns, it's in the small businesses."

Branstad argued that the deal created jobs for state residents. He also attacked the fiscal policies of the previous Democratic governor, seeking to tie Hatch to a leader that he said didn't balance the books.

Source: A.P. on Omaha.com on 2014 Iowa governor race , Aug 15, 2014

Expand and protect American energy resources

Jack Hatch, the Democratic candidate for governor, says it is "disturbing" that Governor Branstad returned a federal grant that was to be used to find ways to help the solar energy industry grow in Iowa. "Not to be controlled by the special interests of the utility companies that pressured his department to return the million dollar grant," Hatch says. "That in itself shows the interests of this governor, not so much in really renewable energy, but protecting the larger corporations at the expense of the smaller producers and the individual homeowners that could benefit dramatically from this."

A spokesman for Governor Branstad issued a written statement: "Jack Hatch can continue to bloviate from the sidelines, but all Iowans know that the Branstad-Reynolds administration has fought to expand and protect American energy resources so that Iowans have cheaper costs at the pump, their homes and their businesses," said Tommy Schultz, Branstad-Reynolds communications director.

Source: Radio Iowa on 2014 Georgia governor race , Jul 21, 2014

Supports wind energy by signing HF 672

[On signing HF 672]: It is the intent of the general assembly to encourage the development of renewable electric power generation. It is also the intent of the general assembly to encourage the use of renewable power to meet local electric needs and the development of transmission capacity to export wind power generated in Iowa.
Source: 2011 Iowa Gubernatorial press release , May 26, 2011

Letter to Congress supporting renewable energy tax credit.

Branstad signed American Renewable Energy Production Tax Credit Extension

Congressional Summary:Amends the Internal Revenue Code to extend through 2016 the tax credit for electricity produced from wind, biomass, geothermal or solar energy, landfill gas, trash, hydropower, and marine and hydrokinetic renewable energy facilities.

Proponent's Comments (Governor's Wind Energy Coalition letter of Nov. 15, 2011 signed by 23 governors):Although the tax credit for wind energy has long enjoyed bipartisan support, it is scheduled to expire on Dec. 31, 2012. Wind-related manufacturing is beginning to slow in our states because the credit has not yet been extended. If Congress pursues a last minute approach to the extension, the anticipated interruption of the credit's benefits will result in a significant loss of high-paying jobs in a growing sector of the economy. We strongly urge Congress to adopt a more consistent and longer-term federal tax policy to support wind energy development, such as H.R. 3307.

The leading wind project developers and manufacturers are slowing their plans for 2013 and beyond due to the current uncertainty. The ripple effect of this slow down means reduced orders for turbines and decreased business for the hundreds of manufacturers who have entered the wind industry in our states. When Congress allowed the tax credit to expire in 1999, 2001, and 2003, the development of new wind installations dropped significantly, between 73% and 93%, and thousands of jobs were lost. Providing renewable energy tax credits in order to provide consistency with conventional energy tax credits is the right policy to move the nation forward in an energy sector that offers global export opportunities and the ability to modernize a segment of our electric production infrastructure.

Source: H.R.3307 11-H3307 on Nov 2, 2011

Other candidates on Energy & Oil: Terry Branstad on other issues:
Incoming 2021 Biden Administration:
Defense:Lloyd Austin
Attorney General:Xavier Becerra
Pres.:Joe Biden
State:Antony Blinken
DOT:Pete Buttigieg
HUD:Marcia Fudge
DOE:Jennifer Granholm
DOI:Deb Haaland
V.P.:Kamala Harris
Climate:John Kerry
DHS:Alejandro Mayorkas
Domestic Policy:Susan Rice
Public Liaison:Cedric Richmond
USDA:Tom Vilsack
Treasury:Janet Yellen

Cabinet Archives:
Biden Cabinet
Biden Administration
Trump Administration
Biden Books
Trump Books
Obama Books
Bush Books
Former Trump Administration:
Pres.:Trump
V.P.:Pence
NSA:Bolton
HUD:Carson
DOT:Chao
ODNI:Coats
U.N.:Haley
SBA:McMahon
Staff:Mulvaney
USDA:Perdue
DOE:Perry
State:Pompeo
HHS:Price
A.G.:Sessions
State:Tillerson
DOI:Zinke

Former Obama Administration:
Pres.:Barack Obama
V.P.:Joe Biden
State:John Kerry
HUD:Julian Castro
State:Hillary Clinton
Staff:Rahm Emanuel

Former Bush Administration:
Pres.:George W. Bush
V.P.:Dick Cheney
State:Colin Powell
State:Condi Rice
EPA:Christie Whitman

Former Clinton Administration:
Pres.:PBill Clinton
V.P.:Al Gore
HUD:Andrew Cuomo
DOL:Robert Reich
A.G.:Janet Reno
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty
Search for...





Page last updated: Mar 14, 2021