Political Quotes

“the President's Environmental Protection Agency today--a group that directly reports to him and which reflects his decisions about environmental matters--has issued a new proposed regulation to reduce carbon dioxide emissions from existing powerplants by 30 percent by the year 2030. Those are existing plants, and they cannot be operated and have that kind of reduction unless they have carbon capture, and there is no technology feasible with any reasonable--there is technology, but it is not feasible economically to capture carbon. So it is a dramatic hammering of a major portion of the baseload electricity production in America. It just is, and it is going to drive up costs. What I wish to say first and foremost is I am very worried about our economy. This economy is not doing well, and anybody who has paid close attention to it knows we have had one thing--one very important positive factor--over the last half dozen years that has helped our economy bounce back and even caused some industries to bring home production from foreign countries; and that advantage--that positive event--is a decline in energy prices. It is a direct result, primarily, of fracking--our ability to produce more energy from existing wells in a proven-to-be safe and effective way. It is going on over large portions of America.…”