On the recordJune 17, 2015
the facts are undeniable. Climate change is real. It is caused by humans. It is happening now and it is solvable. One solution to climate change is putting a fair price on carbon pollution. Last week, Senator Whitehouse and I introduced a bill, S. 1548, to do just that and to return all of the revenue to American families and businesses. I thank Senator Whitehouse for his leadership on this bill, but we want a Republican dance partner. We want conservative leadership on this great challenge of our time. Climate change increases the severity and frequency of storms and natural disasters. This is not only a humanitarian problem but also an economic issue. A heat wave in Texas in 2011, for example, caused $5 billion in livestock and crop losses. Climate change makes events like this 20 times more likely to occur today than in the 1960s. Climate change's impact on the economy is particularly damaging because it creates so much uncertainty. There is a role for the government here. The administration is doing everything it can to reduce carbon pollution within the statutory constraints of the Clean Air Act, but it will not get us to the reductions we need. Congress needs to step in and legislate to get the reductions we need to make sure we are protecting low-income and working families and growing our economy. Regulations like the Clean Power Plan and market mechanisms such as a price on carbon are not mutually exclusive; in fact, they work together.…
Source
govinfo.gov




