Interestingly enough, today I was reading a couple of news articles and it seems the Soviet Union is backing out on the Kyoto Treaty. Russia is now finding that they cannot live up to the commitments that were made in Kyoto, so Russia is bailing out on them. I just read another article that the European Union finds they really can't come up with all of these carbon dioxide reductions that they had promised. Why? Even in a Communist country they begin to realize that government actions have consequences. There are some impacts. These impacts are pretty stark. Let me address for just a few minutes, for the benefit of my colleagues and those who may happen to listen, some of the practical impacts the passage of the McCain-Lieberman bill would have on our communities and on our families. I strongly believe this bill will cripple our economy, cripple our communities, and financially cripple many of our struggling families.
Editor's note · Context
Discussing the potential economic impacts of the McCain-Lieberman bill during Senate floor debate.
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