Political Quotes

On the recordMarch 5, 2014
I didn't speak on the last amendment. I didn't think that last amendment did anything worse than the bill already does. This amendment modifies a section of the underlying bill which requires EPA to report to Congress on the economic impacts of any regulation of carbon pollution from existing fossil fuel-fired power plants. Well, this reporting requirement is largely meaningless because EPA already does this analysis, and if this bill were adopted, EPA wouldn't issue any rules to trigger the reporting requirement anyway. But this amendment would add more items to be considered in EPA's report on a rule regulating carbon pollution from existing power plants. For example, this bill would require EPA to look at the rule's potential effects on capital, operation, and maintenance costs for pollution control equipment. But that is exactly what EPA already does for every significant rule that requires pollution controls. The amendment also requires EPA to analyze how our particular pollution control requirement may affect the global economic competitiveness of the United States. I don't think that makes any sense to add this because it is questionable whether we even have reliable economic models to make this assessment. If this bill were adopted, EPA wouldn't be doing this report anyway, so it doesn't really matter.…
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Henry Waxman
Democratic · California

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