James Lankford

We don't know who, we don't know when, we don't know how often they meet, we don't know where they meet, we don't have notes of it.

We find some way to be able to hit every country in the world to make sure that we get a trillion dollars worth back into our economy

If you don't like it, get your own model and bring it and be a part of the process.

We are going to have to apply more tariffs to you because you have this, and it is suddenly this sudden rise.

We need to hit them for $268 billion worth of tariff at some point to make up what they have done to our economy

If we produced more, it would be more carbon emissions, and we are taking account of those costs.

We continue to layer on and say, okay, this is occurring, this model is occurring.

The United States, our carbon emissions have gone down in the last five years.

The debate is the number went up 50 percent in three years. The model was that far off.

I could not agree more, except in this area, because climate science can't be replicated the same way that you do with other science.

My fear of that is that you have these science-based models that are out here from a group of scientists that agree on this one principle.

I could not agree more. Part of this is the certainty issue.

Right. And that is the concern. You start dealing with power generation, transportation, manufacturing, it gets up in a hurry...

If you are going to be affected by this rule, you should have an opportunity to comment on it, at least, and to be a part of this.

It definitely creates more input, but it creates more input and more activity because you are chasing down 100 issues now, rather than dealing with the first one.

Right. I understand. But you have to admit in a microwave oven rule I think we are very fairly small SCC footprint on that one.

It seems odd. It seems like you wouldn't put this in a microwave oven rule, which is a relatively small as SCC;

But the challenge of it is, as far as the input to rulemakings, I know you have said every time it is used there will be opportunity for reply there, but the challenge is that now every time it is used it has to be fought, rather than…

A high discount rate, a discount rate of 7, ... would mean that we are valuing the prosperity ... at zero.

Are they assuming this is the detriment to the environment at $40 or are they assuming if we put out a ton of carbon, we are going to have $40 in regulations come down on us?

I come back to, in college, one of my field experiences in a geology group was to actually go out and do a dig...

But the foundational part of it, once it is settled, this is the foundation.

It will affect everything that I purchase in the days ahead.

I would like to know where this came from and why this actually existed.

We are not going to run the clock, we are going to have conversations. Is that all right with you?