Political Quotes

“I can't let pass the suggestion that there is nothing in this legislation that advances the interests of the domestic coal industry in the United States. In fact, there are two very important provisions that address the future needs for coal. The first of these will stimulate the development of carbon dioxide pipelines that will enable carbon dioxide to be transported across long distances from the place where carbon dioxide is separated out of the coal combustion process to the place where it's injected for permanent storage. And, secondly, there is an investment tax credit totaling $1.5 billion that is available for companies that will take the step to develop those carbon separation and sequestration technologies. And carbon separation and sequestration truly is the future of coal. In a carbon constrained environment, it's critically important that coal-fired utilities be able to continue to use that fuel and to do so consistently with whatever the limits on carbon dioxide emissions are. The ability to separate carbon dioxide out of the combustion process and transport it to permanent storage in the ground is the answer that we'll be relying on in future years. This bill helps to make that possible.”