Political Quotes

On the recordSeptember 6, 2007
As we look at the chart that we have in front of us, it's called the NEED Act: $150 billion will go to producing States, with an incentive for them; $100 billion will go in the U.S. Treasury, $32 billion for renewable energy research. Now, that's real money for renewable energy research: $32 billion for carbon capture and sequestration research, which is the big issue of the day, unfortunately, getting more play than energy availability and affordability. And I'm going to say this: if carbon sequestration is a bigger issue in this Congress than energy availability and affordability, this country will not compete. We have to have available, affordable energy. And the advantage of clean natural gas is it has a fraction of the carbon of the other fossil fuels. It's the clean green fuel. It's about a third of the carbon of all the other fuels. So clean green natural gas. But it has to become affordable and stably priced. For the Chesapeake Bay, $20 billion, $20 billion for the Great Lakes restoration, $12 billion for the Everglades, $12 billion for the Colorado River, $12 billion for the San Francisco Bay, and $10 billion with LIHEAP and weatherization. Weatherization of course is an important component there because it helps poor people make their homes energy efficient.
Said by
John W. Peterson
Pennsylvania

Editor's note · Context

Discussing the NEED Act and funding for renewable energy and environmental restoration.

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