Mike Honda: “the signs of an energy crisis are clear--we are facing the consequences of significant climatic change, our national…”

“the signs of an energy crisis are clear--we are facing the consequences of significant climatic change, our national security continues to be at risk, and our energy economy must change in the face of $100 per barrel oil. Investors are ready to invest billions of dollars into American made next generation clean technologies, but for too long the Federal Government has been subsidizing the old technologies. Inventors and entrepreneurs, the true engines of American economic growth, are already focused on energy, but they are still waiting for Congress to send them the right signals before bringing their full efforts to bear on the problem. That is why I am pleased to rise in support of an energy bill that sends the right signal and will help to revolutionize our Nation's energy economy as we know it, help free us of our dependence on foreign oil, create millions of new jobs, and address global warming.”