Chris Sununu: “we have heard a number of speakers who I think have raised a number of important points. We have heard questions and…”

“we have heard a number of speakers who I think have raised a number of important points. We have heard questions and discussions about the science of climate change. The science is important, and over time we hope to better understand the Earth's climate. I hope this is an area where we do research, where we can develop better models. It is one of the most complex areas of investigation. We have heard about the costs, both direct costs of this legislation that will increase energy costs for everyone in America, but also indirect costs, because other countries that have been mentioned by Senator Voinovich, for example, such as China, India, Brazil, Russia, or Australia, do not adopt such stringent controls on emissions, and they will benefit by American jobs moving overseas. In particular, it stands to reason in those areas of our economy that are most dependent on energy as an import, energy incentive industries like manufacturing, steel, smelting, and the like, those are the jobs that will be the first to go overseas. I want to speak about the environmental issue because if we look closely at the environmental impact of this legislation, it actually undermines the legislation. It shows its weakness and it illustrates why it should not be adopted.”