the cap-and-trade program should continue to use the reasonable free allocation of allowances

cap-and-trade and the Acid Rain Program have been an unqualified success, a stunning success

We have each year, Ms. McCarthy I am told, 600,000 babies born whose moms have high levels of mercury.

Do you believe that legislation with targets and timetables for mercury, for nitrogen oxide, for sulfur dioxide, could give certainty for environmental reductions and business decisions?

What are your thoughts about this particular allocation process? And could we do something similar for other pollutants? And what about auctioning the allowances?

We think it is more cost-effective than doing these regulations piecemeal.

I am just struck by how far we have come, and really struck by how cost-effective this can be.

If the Acid Rain Program cannot be extended, what happens to the banked allowances from previous years?

I think we do all support the need for legislation and the need to support additional trading.

We are going to do our best to make sure it does not get lost.

there is absolutely no reason for such punitive cost burdens

this will help provide the legal continuity that the business community needs to actually invest the billions of dollars

In the States, do you have any idea what the average reduction requirements are?

The fate of the planet is at stake.

the cleanest, most affordable form of energy is the energy we never use.

I want to reflect briefly on a couple of comments that were made. I thought Senator Crapo said a lot of things that I agreed with.

To the extent that the Pakistani military has driven out the bad guys and gotten them on the run--we have a lot of people displaced.

I think it was Einstein who said in adversity lies opportunity.