We need this system, this market-based system, to figure out how to unleash that innovation.

I would not support a bill that was not fair to consumers.

I appreciate this panel. Terrific, all of you, just terrific.

I want to welcome my partner in writing this bill, Senator John Kerry.

we are going to just have them have to delay their opening statement so we can keep the flow of this going.

I think we have to believe in America's technology ability. I do.

America's leadership is significantly on the line here.

I respect the passion on this committee. I am happy to answer any questions.

This is going to cost us lives. It is going to cost us the deployment of the American military...

the cost of doing nothing is a very important point to keep on making. It is huge.

We do know that job losses have been reduced dramatically. Economists tell us the stimulus package worked.

Without the certainty, you are not going to have the investments.

Our security, our leadership, and our economic future are at stake.

I just want to applaud the Chairman and Senator Kerry for the framework of this legislation.

To the credit of George Herbert Walker Bush, he decided to do it.

we will hear from 54 witnesses on 9 separate panels.

He said that is finally going to make clean energy the profitable kind of energy in America.

Climate change and our dependence on foreign oil are a significant threat to our national security.

I respect that there is a lot of passion on all sides of these issues.

Positive change only comes with courage.

The committee will come to order.

Polluter should pay. But we want to make sure the consumers are protected.

I am very proud to say that President Obama today, in a speech, noted the markup in this Environment and Public Works Committee today.

Climate change, global warming, isn't waiting for who is a Democrat and who is a Republican.

I very, very strongly believe it is time that these power plants were held to account.