"A high discount rate, a discount rate of 7, ... would mean that we are valuing the prosperity ... at zero."
"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 use..."
"It seems odd. It seems like you wouldn't put this in a microwave oven rule, which is a relatively small as SCC;"
"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 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."
"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."
"Right. And that is the concern. You start dealing with power generation, transportation, manufacturing, it gets up in a hurry..."
"I could not agree more. Part of this is the certainty issue."
"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, except in this area, because climate science can't be replicated the same way that you do with other science."
"The debate is the number went up 50 percent in three years. The model was that far off."
"The United States, our carbon emissions have gone down in the last five years."