Trickle Down Environmentalism Has Little Public Support

Everyone agrees on the importance of reducing our dependence on foreign oil, but voters dont see providing subsidies to wealthy electric car buyers as the way to reach that goal. Instead, 75 percent say that the United States should be doing more to develop its own gas and oil resources. Most 57 percent think the best way to do that is through free-market competition. Only 27 percent believe government subsidies and regulations represent a better approach.

Obama views taxpayer subsidies for electric cars as an investment in “clean energy technology — an investment that will strengthen our security, protect our planet and create countless new jobs for our people.” But Americans are justifiably skeptical of political investments. Only 11 percent believe that government officials are better than private investors at seeing the potential benefits of new technologies. Seventy-one percent think investors do a better job. If private investors dont see the value and pass on an investment, 64 percent think its likely any government investment will be a waste of money.

via Trickle Down Environmentalism Has Little Public Support – Rasmussen Reports™.

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