On the recordJune 4, 2008
Switching from coal plants to natural gas will drive job loss, particularly in the chemical and fertilizer industries. The chemical industry is extremely important to my State. Over 100,000 chemical jobs have already been lost in the last 5 years due to the high price of natural gas. Out of 120 new chemical plants under worldwide construction, only one is being constructed in the United States. So like the price of gasoline, like the price of electricity, on the jobs front we have a very dire, challenging situation already, and this bill would make it far worse. The real kicker to all of this is that after all of that damage to Americans, to their lifestyles, to our economy, what would this bill do in terms of climate change? I am very concerned it would do little or nothing because, of course, it mandates no action on the part of other major powers and energy consumers around the world, specifically China and India.
Source
govinfo.gov
