We never claimed it was a “socialist plot,” rather it is crony capitalism with the Obama regime trying to pick winners and losers by rewarding them with taxpayer dollars.
Via E2 Wire:
President Obama quipped Sunday night that energy efficiency initiatives are not a “socialist plot” in remarks that contrasted his energy policies with rival Mitt Romney’s.
The president, fundraising in Los Angeles, addressed energy during a $25,000-per-plate dinner with backers that included actor George Clooney.
“On energy, I’m big on oil and gas, and developing clean coal technology, but I also believe that if we’re ever going to have control of our energy future, then we’ve got to invest in solar and wind and biofuels, and that it does make sense for us to double our fuel-efficiency standards on cars,” Obama said, according to a White House transcript.
“And that’s not a socialist plot for us to reduce our energy usage,” Obama said to laughter, according to the transcript. “It’s the smart thing to do. It’s right for our national energy. It’s right for our economy. It’s right for the environment. [Romney] disagrees.”