Corporations knew that creating a new green industry would be helpful to the economy. They could finally have an incentive to being nice to the environment, since now the government is subsidizing green companies.
People spending $20,000+ to install solar panels on the roofs of their houses 10 years ago might have raised a few eyebrows in the neighborhood, but now people are seriously considering how they can completely remove your electricity bill and pay for themselves after a decade or so. I’ve seen so many new green company startups in the last 5 years it’s almost unfathomable. Sadly though, these companies are going to be oppressed until there is an absence of oil companies in the government, since they account for the majority of lobbying in congress.
An article from opensecrets.org, a website about the disturbing facts of things that happen in our government, reveals this, “Individuals and political action committees affiliated with oil and gas companies have donated $238.7 million to candidates and parties since the 1990 election cycle, 75 percent of which has gone to Republicans.” Also, even worse, “These companies are also wary of cap-and-trade climate change legislation, such as the measure Democratic President Barack Obama supports. Yet Obama still received $884,000 from the oil and gas industry during the 2008 campaign, more than any other lawmaker except his Republican opponent, Sen. John McCain.”
2007 through 2011 saw lobbying amounts nearly double what they were 5 years ago as an attempt to suppress the rapidly growing green startup companies. Despite these efforts to get more freedom when it comes to things like offshore drilling and emission regulations, these companies do still face the strict regulations that the Environmental Protection Agency sets for them. If we want to seriously make America a more green country, we should think about the influence that oil companies continue to have over making laws in the government.