Jim Inhofe: “As I recall, the other bill we had 2 years ago was that emissions caps would start at the 2004 level by 2012, and there…”

“As I recall, the other bill we had 2 years ago was that emissions caps would start at the 2004 level by 2012, and there was no intermediate step at that time. So it went down to one-third below the baseline by 2050. That is my understanding. I think that is accurate. So there is not that much difference. If anything, it is lower because this is one-third below the baseline, and this one is 65 percent below. It would be even more of a cut by 2050. The reason I bring up this point is because these issues don't happen in a vacuum. These are issues that are very costly. The term 'tipping point' was used recently. I agree there is a tipping point, and I am going to be reserving more than 2 hours in the next few days on the floor, and I don't want my good friends to endure the whole 2 hours but at least give consideration to what is happening right now, and it is unbelievable. I have never seen such a change in science as we have witnessed in the last 5 months.”