Obama on alternative energy

End oil subsidies, double-down on clean energy

From President Barack Obama's 2012 State of the Union Address

"I will not cede the wind or solar or battery industry to China or Germany because we refuse to make the same commitment here. 

We have subsidized oil companies for a century. 

That's long enough. It's time to end the taxpayer giveaways to an industry that's rarely been more profitable, and double-down on a clean energy industry that's never been more promising. Pass clean energy tax credits. Create these jobs."