Jim Inhofe: “First of all, I think he is right on this--I found out he was right. I had said the cost of this and the effect of this…”

“First of all, I think he is right on this--I found out he was right. I had said the cost of this and the effect of this would be to delay projects. I found out, after he said it and I found out it is true, that his bill starts from this point forward. The reason I didn't know that is because his amendment was not filed until last night, and I was on my way back from Iraq last night, so I was not aware of this. It doesn't change my argument, though. The argument is this is another step which has to be taken any time we have to go through any kind of a process. I am sure, when we have the next Transportation reauthorization bill, he will have an amendment saying we have to know for each project how this could affect climate change. It really doesn't make that much difference. The second thing, he said Kyoto is not really on the table. I am glad to know that because whether you call it Kyoto or something else is not important. It is still going to have to be some kind of restriction, some kind of carbon tax, some kind of cap-and-trade policy. When you do, it is going to cost money.…”