Political Quotes

On the recordFebruary 15, 2012
Mr. Chairman, I yield myself 2 minutes. When the Democrats controlled the Congress in 2009, we passed a bill out here on the House floor that created an advanced energy technology bank that included $75 billion that the nuclear industry could have qualified for, $60 billion for the coal industry for clean coal technology. Although we also built in incentives for wind and for solar and for energy efficiency, we did it all. We gave everyone a running head start. We didn't say ``nothing'' to nuclear. No. What have the Republicans done over the last year? They passed out here on the floor a bill that zeroed out the money for loan guarantees for wind and solar, but they left in the loan guarantees for the nuclear industry. That's not an all-of-the-above strategy, and you all voted for it unanimously. No. Here's where we are. This oil-above-all strategy that you have, not all-of-the-above, this is basically at the heart of what this whole debate is all about. Last year, the oil industry in the United States made $137 billion. This year, they're going to blast right past that $137 billion. Every person watching this debate is looking at the pump right now at $3.50, $4, $4.50 that they're paying, and it's going straight up. They're going to be reporting profits of upwards of $200 billion. The Republicans continue to keep in the $4 billion-a-year for tax breaks for the oil industry. Over 10 years, that's $40 billion that would pay for the transportation bill.…
Said by
Ed Markey
Democratic · Massachusetts

Share & report

More from Ed Markey

Mar 12, 2025

I am heartbroken by the news of Congressman Raúl Grijalva's passing. For climate justice, economic justice, health justice—Raúl fought fearlessly for change.

commondreams.org
Mar 26, 2025

Thank you. What I would like to talk about a little bit, if I could, with you and Senator Whitehouse, is this pollution agenda that they have for us in New England, that they have writ large for the whole country as well. Let's just take…

Congressional Record · 2025-03-26
Feb 28, 2025

Yelling in the Oval Office and siding with Putin is shameful and a danger to democracy around the world.

commondreams.org

Other voices in this conversation