We have a situation where it is assumed that we have greater financial resources to deal with this problem, when China is a greater emitter and they're sitting on a $2 trillion surplus.
Editor's note · Context
Webb highlights the disparity in financial resources between the U.S. and China regarding emissions.
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I believe it is appropriate for them to finally receive the federal recognition that has been denied for far too long.
Thank you, Mr. President. I thank the Parliamentarian for that clarification. (The remarks of Mr. Webb pertaining to the introduction of S. 3372 are located in today's Record under ``Statements on Introduced Bills and Joint Resolutions.'')
We do support the validity of internationally accepted Exclusive Economic Zones, those that are set out under basically agreed-upon international law.
I am committed to trying to make this policy work, at the same time to reduce the frictions that are causing it problems.





