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Grumet quoted in AOL Energy article on idea of ending subsidies for renewables
Jason Grumet, President of the Bipartisan Policy Center, said there are approaches between simple extensions and cold turkey cutoffs, such as grid operators holding auctions specifically for renewable power.
Grumet said the whole tax code should be overhauled to adapt to the new US energy picture, in which an abundance of natural gas has replaced fears of energy scarcity in just five years. Legislators need to rationalize any energy subsidies longer-term, he said, adding, "We need to avoid this year-to-year lobby fest."