He thinks the biofuels are good, but does not see them as the answer. In particular he has gone on the record as saying;"We're using too much oil,"We have an answer. We can use alternative sources of energy -- biodiesel, ethanol, nuclear power -- and we can drill for more oil here. We can be more energy independent and we can be far more efficient in the use of that energy." In fact most of Romney's energy policy is driven by oil independence.
In particular he favors a price floor for fuel made from so called “clean coal”. He also would like to drill in the Arctic National Wildlife Reserve. Further to this Mr Romney also supports putting money into research for new renewable technologies, however since he is also keen to cut taxes, it seems unlikely that these funds would be anything on par with that of democratic candidates , in particular considering that he is not willing to name a sum.
