The Key to Energy Security Is Developing New Sources, Not New Taxes

By July 26, 2012Energy, Taxation

Energy is an important issue for American manufacturers—we consume one-third of our nation’s energy, both as fuel and as a feedstock and NAM has been in the forefront of encouraging the development of new and affordable sources of energy. It’s an important issue for American families, too who share our interest in dependable—and affordable—energy sources. 

So we’re concerned about proposals to raise taxes on the energy industry that will take us even further from our goal.  Quite simply, increased taxes for energy companies will increase the costs of fuel to American energy consumers and manufacturers. The debate over energy policy should not be about imposing new taxes or new costs on the U.S. energy industry.

There are those that seek to distract from our need to create more energy by demonizing the very industry that can provide it. This type of demagoguery isn’t right and it certainly isn’t productive. Rather, the debate should focus on enhancing America’s energy security through increased production of all types of energy, improved conservation and energy efficiency, more research on technology and alternative energy, increased access to domestic sources with continued environmental protections, and improved distribution.

Dorothy Coleman

Dorothy Coleman

Dorothy Coleman is vice president of tax and domestic economic policy at the National Association of Manufacturers (NAM). Ms. Coleman is responsible for providing NAM members with important information related to tax issues and representing the NAM’s position to Congress, the Administration and the media. An NAM spokesperson for tax policy issues, she coordinates membership coalitions; prepares testimony, reports and analyses; and responds to media inquiries. Before taking over as vice president of the tax policy department, she served as director of tax policy from April 1998 to April 2000.
Dorothy Coleman

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