By Laura Barron-Lopez - 01/29/14 06:14 AM EST
Sen. Rand PaulRand PaulTrump, Clinton boost Snapchat spending Clinton enjoying edge over Trump in Silicon Valley Trump gets little backing from Silicon Valley MORE (R-Ky.) said President Obama wants to punish the oil industry to help clean energy sources that aren't creating jobs.
In an interview with CNN after Obama's State of the Union speech Tuesday night, Paul assailed the president for proposing a "smarter tax" on the fossil-fuel industry.
Building upon progress in the renewable energy sector, Obama stressed the need for "a smarter tax policy that stops giving $4 billion a year to fossil fuel industries that don't need it, so that w can invest more in fuels of the future that do."
"You have to be thinking about where is the job creation right now, it's in the oil and gas industry," Paul said. "So one hand he brags about it, on the other hand he says I'm going to punish them for their success."