In a speech in Nevada earlier this week, Jon Huntsman said, “I will systemically begin to eliminate every subsidy for energy companies, whether it be oil, natural gas, wind or solar. Under my presidency, the United States will get out of the subsidy business." Quite a bold statement.
It's been interesting to hear about each Republican's approach to energy, particularly the alternative energy and corn ethanol market that drives a large portion of Iowa's economy. Perry, while opposing subsidies, has suggested an extension of the current tax-credit program for wind projects (which would certainly benefit Iowa). Romney has left his opinion vague, but has not indicated that he supports any kind of extension of the current subsidy program.
Huntsman, however, seems to have given up on Iowa with his most recent announcement. If the presidential hopeful has any intention of staying in the race, he needs to make some magic happen in New Hampshire.
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