Political Quotes

“One is on the discussion of an increase in the cost of gasoline. There was a lot of citing from Senator Alexander and others about the projection of a 53-cent increase per gallon of gasoline. Again, it is over 22 years, made by EPA, 2008 to 2030. That is about a 2-cent-plus, at the outside, per year increase in a gallon of gasoline. I tell you, look at what it has done this year. Just this year, in 8 months: January 7, $3.11; May 26, $3.93--an 82-cent increase since the beginning of this year--compared to about a 2-cent a year, outside, increase projected to do something, which is to help us achieve the purpose of this bill, which is to reduce carbon pollution that causes global warming. That is the point. The second point, and we are going to come back to this, Senator Alexander--and we agree--sees there is a problem. He wants to deal with it in a mandatory way and agrees on cap and trade. But he only wants to do it for the powerplant sector. We think if you do that, and eliminate the oil and fuel sector, eliminate the industrial sector, you are simply not going to get the reductions in carbon pollution we need to reduce global warming, and you are going to diminish the marketplace. A lot of the companies that want to come in are going to be deprived of the kind of broad marketplace we believe will work best to stimulate innovation and to reduce the carbon pollution that causes global warming.”