Political Quotes

On the recordJune 5, 2008
first of all, I note this legislation has nothing to do with ending our dependance on foreign oil. It does have something to do with ending our dependence on oil. In fact, what this legislation would do is make it much more difficult for Americans to enjoy the standard of living we do by making it much more costly to indulge in any consumption of energy in any form, including driving vehicles, including turning on the lights or the air-conditioning in a building. All of these things are deliberately made much more expensive in this legislation--deliberately because the point of it is to make energy consumption so expensive that we will not consume as much of it. That way the Earth will somehow not be warmed as much because we will not be consuming as much energy. That is the whole point here. It is not about ending our dependence on foreign oil. This legislation has nothing to do with that at all. People might ask, What is cap and trade? Why are we talking about cap-and-trade legislation? The cap and trade contemplated in this bill has the Federal Government creating something of value--carbon emission allowances--and they are equal to the cap on emissions set by the Federal Government each year. The Federal Government says: Americans, you can only drive so much or you can only consume so much electricity and the people who produce that product are going to have to pay for the right to produce the energy that you are consuming.…
Said by
Jon Kyl
Republican · Arizona

Editor's note · Context

Discussing the implications of cap-and-trade legislation on energy consumption and economic impact.

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