On the recordJanuary 17, 2007
It created jobs in creating these scrubbers. It helped our health and it actually, if anything, increased the gross domestic product. So what we are seeing is that some of these visionary companies are embracing this idea and it makes sense. Today when I was talking to the Treasury Secretary, Mr. Paulson, I said, you know if we don't do this we are going to be wasting a lot of money. The Bush administration has supported a program, basically, it is a combined cycle way of using coal that you can make into hydrogen and sequester the carbon dioxide. It is called ``future gen.'' We are going to have a future way of generating coal based electricity. And I think it is a good idea to invest in that type of research to see if we can burn coal, take the carbon dioxide, stick it in the ground forever and we will have clean electricity. But the Bush administration is spending $750 million of taxpayer money to do that. But the plant will never, ever, ever be used or built if the Bush administration's policies succeed because they don't want to have any charge for carbon dioxide, any regulation on the amount of carbon dioxide going into the air. Well, if you are a coal company and you have got to invest money in this future gen program but you can put your carbon dioxide in the air for free, are you ever going to build this kind of machine that President Bush wants to build? It doesn't make any sense.
Source
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