Friday, September 14, 2012
Fossil Fuel Ad Spending Rises Against Obama
The fossil fuel industry has spent $153 million on ads this year which promote energy policies that are consistent with Romney's campaign, and critical of the Obama administrations policies. The clean energy industry has not been enthusiastic about Obama's policies either. They have not increased spending to combat the fossil industry ads. This is a big change since the 2008 campaign when both McCain and Obama were promoting green energy. The fossil fuel industry spending on ads opposing Obama policies is second only to ads about the president's failure to produce jobs. The industry has also been a major contributor to PAC's that run ads opposing Obama. The fossil fuel industry fears Obama but the green energy industry no longer loves him.