T. Boone Pickens and others testified before the Ways & Means committee to discuss energy tax incentives and their place in a green economy. Pickens wants to know when do we stop investing in OPEC and start investing in America. Pickens wants to replace OPEC’s dirty fuel with American-made clean energy, most notably natural gas.
The purpose of the hearing was to assess current energy tax policy and plot a course to support job growth. Combining Recovery Act dollars with private investment and additional clean energy tax incentives can help launch the nation out of this nearly jobless recovery.