05/13/2015
https://www.congress.gov...
"Is it possible to construct a cap-and-trade program that reduces carbon emissions, that is not felt by the poor?"
"Should we not say 'shift,' if it appears that the coal, oil, and gas States would lose a significant amount of jobs?"
"Well, I am very interested in how a cap-and-trade program would affect the poor."
"The increases in the price of energy caused by the program would reduce workers' real wages."