Henry Waxman actually said...

If someone develops a new technology this year that dramatically reduces the cost of solar or wind or geothermal power and they submit a new...

It creates a winners list, potentially, of a few dozen projects that were submitted before the end of 2011.

This Republican bill, it seems to me, is a terrible idea. It is just the latest Republican assault on clean energy.

This throws innovation out the window, and it replaces it with a static list of winners who happen to submit applications by the end of 2011...