On the recordMarch 10, 2014
And the particularly vicious looking duck. The solution on climate is not the equivalent of piranhas, alligators, snakes, and a vicious duck. The solution on climate is actually a triple win. The Senator mentioned the earlier limits on pollutants. We found over and over that despite the regular claims by the industry that this was going to be the end of civilization as we know it and an economic catastrophe would ensue, when we actually look back, people saved money because of the harm they were spared. I think the Clean Air Act is $30 saved for every $1 we had to invest in cleaning up. So the limits actually saved money. In this case, we will add--as the Senator mentioned before--the growth in new industries, the $6 trillion clean-energy industry we want to be in rather than trailing behind and buying from China. Finally, if we believe in market theory, if we believe markets are the most efficient way to make choices, then we have to set up a market which is a fair one. This business the Senator mentioned of a business being able to externalize its costs by saying, ``That is not my responsibility. I don't have to pay for that. I am just going to dump it.'' This is no more fair than a New Jersey neighbor or a Hawaii neighbor or a Connecticut neighbor or a Rhode Island neighbor, instead of cleaning up their lawn, just shoveling their leaves over to the next guy's wall. We don't get to do that.…





