today I wish to speak on where I think this climate change debate is headed after last Thursday's vote on the Murkowski resolution. We got a very clear signal in today's Politico, which reported that President Obama, in his Oval Office address tomorrow night, will seek, as a part of the response to the BP oilspill, to ``put a price on carbon.'' Let's keep in mind what ``a price on carbon'' is. That is a tax, a carbon tax, or what we call cap and trade. Quite often people have said: Well, if those individuals really want to charge for carbon, want to stop this economy, why don't they just put a carbon tax on it? The reason they do not is then people would know how much it is costing them. As it is now, with cap and trade, they would not. But again, he is going to have an Oval Office address. I think this will be the first talk he will give from the Oval Office since he has been President. Of course, that is Washington-speak for cap and trade--a price on carbon. This is remarkable.…
Jim Inhofe: “today I wish to speak on where I think this climate change debate is headed after last Thursday's vote on the Murkowski…”
Editor's note · Context
Inhofe discusses the implications of President Obama's upcoming address on climate change and carbon pricing.
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