Jim Inhofe

Farm income could drop by $8 billion under cap-and-trade--and offsets will make up less than 10 percent of this lost income.

The supposed environmental benefits its supporters claim it will create are an illusion.

It's all pain for no climate gain.

They suppose the environmental benefits its supporters claim it will create are illusory.

If the U.S. chooses to enact cap-and-trade unilaterally without China, India and other developing nations... then farmers will be forced to pay for a solution that doesn't work.

If cap-and-trade achieved its intended effect, that is, to prevent the global climate catastrophe, then farmers would be the first to sign up to help.

There is not any tax increase in Waxman-Markey.

I contend that increasing the gas tax and higher use tax, whatever you call it, is going to result in thousands of jobs.

If you really believe that CO2 is causing global warming, why not just tax CO2? I mean, that is the honest way.

It is going to cost hundreds of billions of dollars. It is going to be the largest tax increase in history.

As to the fact that it does not cost anything, well somebody is going to be paying up to $100 billion a year.

Why would we construct this big contraption of payoffs and allowances and taxes and mandates ... when all we have to do is simply say, let us start with carbon.

Costs matter. We should be looking for the cheap, easy way to do this, not for the hard, expensive way to do it.

I believe that it is enough of a problem that we ought to buy some insurance.

Whatever the solution, we can't lessen our dependence on foreign oil through taxes, mandates, and bureaucracy.

Consumers would pay almost $54 billion more annually for gasoline, diesel fuel, jet fuel and other petroleum products.

This would translate into an increase of 20 cents per gallon of gasoline for American consumers.

We cannot lessen our dependence on foreign oil through taxes, mandates and bureaucracy.

We want to expand all domestic production, all forms of energy.

It is a little bit laughable when people say we want to do something about dependence on the Middle East to run this country called America.

Supporters of cap-and-trade say it is all worth it because their policy would help break our dependence on foreign oil.

If we enact cap-and-trade legislation, fuel prices will rise, and more jobs in the trucking sector will be lost.

There is no debate about this: cap-and-trade will make gasoline more expensive for American consumers.

Do you really think, in this Washington environment, that these things are going to rebated back? I think probably not.

We have a colossal mess on our hands, created in large part by litigation.