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I am writing to express my appreciation for Congressman Perlmutter’s endorsement of the recent House bill on oil subsidies. The bill, part of the first 100 hours of the new Congress, will remove billions of dollars in tax breaks for the oil industry and collect royalties on federal land use for off-shore drilling previously lost through loopholes in land leases. Essentially, the purpose is to reduce government subsidies of record-breaking oil profits and re-allocate the money to research and development for alternative energy sources. Alternative energy is the best avenue for the U.S. Government to help reverse climate change through reduced carbon emissions and to decrease U.S. dependence on foreign oil. I applaud Congressman Perlmutter for recognizing the crucial importance of these two issues, which affect our environment, economy, and international relations. Not only did he vote for the bill, he also co-sponsored it and spoke in favor of it on the floor of the House. Thanks also to Mark Udall, John Salazar, and Diana DeGette for supporting the bill. I am pleased to see Representatives from Colorado speaking out and acting on the critical matter of how our country will responsibly meet energy needs, now and in the future. Tristan Gorman
Denver
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