Excerpts: President Obama’s Remarks at a Grassroots Event in Pueblo, Colorado

EXCERPTS: President Obama’s Remarks at a Grassroots Event in Pueblo, Colorado

CHICAGO -- Today, at a grassroots event in Pueblo, Colorado, President Obama will highlight his support for tax credits for wind energy manufacturers in Colorado and other states that are helping to create thousands of jobs and creating a competitive clean energy industry in the United States. Mitt Romney would end the wind energy tax credit, while protecting $4 billion in taxpayer subsidies for big oil.

Below are excerpts of the President’s remarks as prepared for delivery --

"And at a moment when homegrown energy is creating new jobs in states like Colorado and Iowa, my opponent wants to end tax credits for wind energy producers. Think about what that would mean for a community like Pueblo. The wind industry supports about 5,000 jobs across this state. Without those tax credits, 37,000 American jobs, potentially including hundreds of jobs right here in Pueblo, would be at risk. Colorado, it is time to stop spending billions in taxpayer subsidies on an oil industry that's rarely been more profitable, and keep investing in a clean energy industry that's never been more promising."