Jeff Bingaman actually said...

I have been a forceful advocate over time for a carbon charge approach, as opposed to cap and trade.

So if we are locked into the road of cap and trade, then I implore you to construct a system that is simple and transparent.

I think it's important we try to have an understanding of this aspect of the cap and trade bill.

Have any of these models looked at the potential benefits for energy efficiency and what that would mean if there were an emphasis on energy...