Renewables - Obama vs. Romney: 9 energy flashpoints - CNNMoney

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9 divisive energy issues for the election

The domestic energy boom and tighter regulations aren't going away no matter who wins the election. But Obama and Romney differ widely on several key issues.

Renewables

gallery obama romney energy renewables

Neither Obama nor Romney is expected to continue the Energy Department's loan guarantee program that funded Solyndra and a handful of other companies that went bankrupt (along with dozens of others that are still going concerns.) That program is largely over. So is the stimulus-era program that gave direct grants to renewable energy companies.

The primary support for technologies such as wind and solar is now in the form of tax credits. Those credits expire at the end of 2012 for wind and 2016 for solar. Obama wants to continue them, but Romney does not.

It's doubtful whether a President Romney would have enough votes to kill the credits in Congress. But he might not need them. Like the oil industry's tax breaks, these tax credits could also be on the chopping block if Congress gets serious on tax reform, perhaps replaced with a lower corporate tax rate for all businesses. Again, that outcome could happen under Obama or Romney.

Source: Rapidan Group, Guggenheim Securities, ClearView Energy Partners, Eurasia Group
  @hargreavesCNN - Last updated September 25 2012 01:29 PM ET

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