… philosophy is they should be used to help stimulate the development of new technologies to the point where they can stand on their own and then they should go away. … Tax credits have stimulated a ton of growth in the solar and wind industry. … incentive is included in this bill for that technology. That is basically didn't really change. It just made it usable for enhanced oil recovery at the same level of incentive. (05:34–05:45)
CLAIM
Asserts that tax credits have significantly boosted growth in the solar and wind sectors.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
