On the recordJune 3, 2008
First of all, I think for my friend to say these two companies have no future plans to build powerplants or expand the plants, that makes no sense. I haven't read their annual report, but for him to say the only reason is because they are going to make some money off the allowances--I don't think he is looking at the plans for these companies, No. 1, but they can speak for themselves. The second part, which my friend didn't answer, is that in the modeling we have seen, without one amendment, it looks as if there will be built, over the period of the lifetime of this bill, 150 nuclear plants. So without one amendment--and there are going to be amendments--and I have never been a great fan of nuclear energy. For one reason, I worry about the waste. I worry about the waste. I worry about having all this waste. So that is my issue. I have said many times there are a few of us who care about that, and there are others who seem to feel comfortable it is totally safe. We will have that debate. But the fact is, when you pass legislation such as this, there is a winner.
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