Not only is Valero not even trying to hide their opposition, a tactic many two-faced Big Oil outfits have traditionally employed (cough, Exxon, cough), they aren’t even hiding why: money.
Because of how dirty the refining and shipping practices of Valero are, the House-passed American Clean Energy and Security Act would require the company to pay for the right to pollute the air and water we all share, instead of passing the health and actual costs on to you, the consumer.
The Valero site states that ACES will cost Americans jobs and investment in oil will, one of the most volatile industries in the world, will do the market more good. Reality check: (via Media Matters Action Network):
Valero Energy Corporation has launched a new anti-clean energy website aiming to derail cap-and-trade legislation. Unsurprisingly, the oil company relies on misleading talking points to distract from the facts.Not only that, but this is already happening as renewable manufacturing takes hold in our economy:
“Investment in Clean Energy Technology Creates FOUR TIMES As Many Jobs As An Investment In Oil & Gas. According to the Center for American Progress, "spending $1 million on energy efficiency and renewable energy produces a much larger expansion of employment than spending the same amount on fossil fuels or nuclear energy. Among fossil fuels, job creation in coal is about 32 percent greater than that for oil and natural gas. The employment creation for energy efficiency-retrofitting and mass transit-is 2.5 times to four times larger than that for oil and natural gas. With renewable energy, the job creation ranges between 2.5 times to three times more than that for oil and gas." [Center for American Progress, The Economic Benefits of Investing in Clean Energy, 6/17/09]”
“Investment In Renewable Energy Has Already Salvaged Many Manufacturing Facilities Closed During Economic Downturn. Across America, factories and plants abandoned by the old economy have been re-tooled and re-opened to satisfy the growing demand for new energy technologies. For instance, once hopeless manufacturing plants in Pennsylvania, Iowa, and Michigan have re-energized their communities by creating jobs and leading the charge toward a new energy future. [Bloomberg, 4/2/09; Star Tribune, 4/22/09; Grand Rapids Press, 3/6/08]”So while Big Oil pumped out the lies for itself this time, remember their goal is united: to continue to emit pollution for free at the expense of our health, our national security and 21st century clean energy economy.