If we are going to have a global cap and trade, and we are going to exclude China and India from the global cap, we could clean up to zero in the United States, and we still would not get to the point where you and I both want to get to.
Bunning emphasizes the futility of U.S. efforts without global participation.
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It is amazing to me how two people can differ on a financial reserve law than the Chairman and myself.
Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?
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