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| TIME | SPEAKER | TEXT |
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| 00:00:12 |
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AND THEN I'LL ASK SENATOR CARPER IF HE WANTS -- SENATOR CARDIN IF HE WOULD LIKE TO MAKE A STATEMENT... |
| 00:00:30 |
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THANK YOU VERY MUCH. |
| 00:00:32 |
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AND MAKE SURE YOUR MIKE IS ON -- |
| 00:00:33 |
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AND I KNOW -- |
| 00:00:34 |
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GOOD. |
| 00:00:37 |
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IT WAS VERY HELPFUL FOR ME THIS MORNING TO BE HERE AND HEAR MANY OF THE STATEMENTS AND I THOUGHT MANY... |
| 00:08:26 |
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THANK YOU VERY MUCH, SENATOR CARDIN. |
| 00:08:31 |
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MADAM CHAIR, LET ME THANK YOU. I'VE CALMEDED BEFORE ABOUT THE EMERGENCY FOR US TO ACT. WE'VE GOT TO... |
| 00:16:47 |
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THANK YOU. FIRST I WANT TO THANK BOTH OF YOU. I THINK WHAT WE'VE DONE THESE LAST COUPLE OF DAYS WHILE... |
| 00:20:03 |
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THANK YOU, SENATOR. TODAY WHAT WE ARE GOING TO TALK ABOUT IS THE CHAIRMAN'S MARK ON THE S-1733. THE... |
| 00:22:25 |
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OKAY. THE TRANSPORTATION SECTION EVER THE LEGISLATION, WE WILL REQUIRE THE EPA ADMINISTRATOR IN CONSULTATION... |
| 00:24:58 |
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THE BILL INCLUDES A VARIETY OF AUTHORIZATIONS TO PROMOTE VARIOUS CLEAN ENERGY SOURCES. PARTICULARLY... |
| 00:36:38 |
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LET ME JUST ADD AT THIS POINT THAT THE 7,500 FACILITIES ARE THE ONLY AFFECTED FASTS BY THE CAP AND... |
| 00:36:58 |
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KRET. AND THE CAP THAT IS APPLIED IS PHASED IN OVER A PERIOD OF TIME. IT STARTS, AS I SAID IN 2012,... |
| 00:48:40 |
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GO AHEAD, PLEASE. |
| 00:48:42 |
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AND THEN CONTINUING, THERE ARE ALLOWANCES DEDICATED FOR BOTH NATURAL RESOURCES AND COMMUNITY ADAPTATION... |
| 00:49:41 |
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SO THAT CONCLUDES THE SUMMARY OVERVIEW OF THE CLEAN ENERGY JOBS IN AMERICA POWER ACT. WE'RE HERE TO... |
| 00:49:54 |
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GOOD. WELL, FIRST, I JUST WANT TO THANK YOU SO MUCH AGAIN, ADD MY DISAPPOINTMENT THAT OUR REPUBLICAN... |
| 00:51:54 |
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CERTAINLY, SENATOR. THE ANSWER TO YOUR FIRST QUESTION IS THAT THE MODELING SHOWS THAT THIS BILL OR... |
| 00:52:19 |
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WE HAVE IN OUR BILL TO HELP THE RATE PAYERS. BECAUSE AS I UNDERSTAND IT, THERE'S NO SUCH ALLOWANCES... |
| 00:52:28 |
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HE HAS NO ALLOWANCES OR INVESTMENTS LIKE THAT IN THE PLAN. THEY MAY BE OTHER PROGRAMS HE'S DISCUSSED,... |
| 00:52:44 |
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SO I JUST WANT TO PRESS ON THAT WITH YOU. ALLOWANCES CAN BE USED FOR TRAINING OF WORKERS, AND AS I... |
| 00:52:52 |
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AND RESEARCH. |
| 00:52:53 |
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RESEARCH AND SAFETY. IS THAT CORRECT? |
| 00:52:55 |
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THAT'S CORRECT. |
| 00:52:57 |
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WHICH WOULD NOT BE THERE WITH A PLANT JUST TO SAY TO NUCLEAR FACILITIES, JUST GO AHEAD AND CHARGE... |
| 00:53:08 |
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THAT'S CORRECT. AND THE FUNDS IN THIS BILL COME FROM PAYMENTS MADE BY POLLUTERS FOR THE PERMITS THAT... |
| 00:53:18 |
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EXACTLY. WELL, THAT'S MY QUESTION. SENATOR WEENHOUSE, DO YOU HAVE ANY QUESTIONS OR COMMENTS YOU WISH... |
| 00:53:27 |
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I WOULD LOVE TO FOLLOW UP ON YOUR QUESTION, MADAM CHAIR. |
| 00:53:30 |
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YEAH. |
| 00:53:35 |
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HAVING TO DO WITH THE -- LET'S JUST SAY THE VERSION OF THE FACTS THAT DESCRIBES THE PAYMENTS INVOLVED... |
| 00:57:10 |
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SURE, THANK YOU SENATOR. APPROXIMATELY 7,500 BIG POLLUTERS WOULD HAVE TO BUY PERMITS TO POLLUTE, AND... |
| 00:59:25 |
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SO IF OUR POLLUTING INTERESTS AND THOSE WHO REPRESENT THOSE INTERESTS HERE IN CONGRESS -- IF THEY... |
| 01:00:10 |
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THAT'S CORRECT, SENATOR. THE LAWS ON THE BOOKS PROVIDE THAT EPA HAS THE AUTHORITY, WHICH THEY ARE... |
| 01:00:40 |
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BUT WHEN INSTEAD OF DIRECTLY REGULATING, WE MOVE TO A MODEL THAT ALLOWS THE POLLUTING INDUSTRIES THE... |
| 01:01:34 |
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YES, SENATOR. IT IS CLEAR THAT THERE ARE ECONOMIC BENEFITS, WITHOUT QUESTION. AND, IN FACT, THE RECORD... |
| 01:02:04 |
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AND IN ADDITION TO MOVING FROM AN ENFORCEMENT MECHANISM TO A MARKET MECHANISM, BEING BOTH BETTER FOR... |
| 01:02:43 |
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THAT'S ABSOLUTELY CORRECT. EVERY POLLUTER WHO IS REGULATED AND WHO WOULD BE ACTUALLY COVERED BY THIS... |
| 01:02:58 |
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AND THAT'S NOT A MATTER OF OPINION, THAT'S BY ABSOLUTE DEFINITION, BECAUSE THE MARKET MECHANISM GIVES... |
| 01:04:12 |
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THAT'S CORRECT, SENATOR. AND THE TESTIMONY THAT WE RECEIVED IN OUR LEGISLATIVE HEARINGS FROM INDIVIDUAL... |
| 01:04:36 |
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SO AS I UNDERSTAND THE SITUATION HERE, CARBON IS A POLLUTANT AS A MATTER OF LAW IN THE UNITED STATES... |
| 01:04:45 |
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THAT'S CORRECT. |
| 01:04:46 |
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THE UNITED STATES SUPREME COURT HAS SAID SO. YES, SIR. |
| 01:04:49 |
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THE UNITED STATES SUPREME COURT HAS NOT ONLY SAID THAT CARBON IS A POLLUTANT, BUT IT'S INSTRUCTED... |
| 01:04:57 |
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THAT IS CORRECT. |
| 01:04:58 |
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OKAY. |
| 01:05:00 |
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AND THAT IS ALREADY UNDERWAY. |
| 01:05:02 |
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SO CARBON IS ESTABLISHED AS A POLLUTANT. THE SUPREME COURT HAS SAID SO, THEY HAVE TOLD THE EPA THAT... |
| 01:05:18 |
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CORRECT. |
| 01:05:23 |
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AND WE ARE BEING ATTACKED BY THE INDUSTRY REPRESENTATIVES FOR CREATING A TAX. |
| 01:05:31 |
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THAT IS -- THEIR ASESSION. BUT IT HAS NO BASIS, BECAUSE THERE IS NO QUESTION THAT THIS IS NOT A TAX,... |
| 01:05:49 |
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OKAY. IF I COULD ASK ONE LAST QUESTION. |
| 01:05:52 |
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LAST QUESTION, YES. |
| 01:05:56 |
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IF WE WERE TO -- NOBODY IS A BIG FAN OF RAISING TAXES AROUND HERE. AND CERTAINLY AMERICANS DON'T ... |
| 01:06:26 |
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CORRECT. |
| 01:06:28 |
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AND WHO WAS WORSE OFF AS A RESULT OF THAT? |
| 01:06:32 |
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THE POLLUTERS AND ULTIMATELY AMERICANS IN GENERAL WOULD BE WORSE OFF WITHOUT THIS MARKET-BASED MECHANISM,... |
| 01:06:45 |
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SO IF WE ACCEPT THE ARGUMENT OF THE PEOPLE WHO ARE REPRESENTING THE POLLUTERS INDUSTRY'S INTERESTS... |
| 01:07:03 |
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IT IS. AND ALSO CONSUMERS WOULD BE NEGATIVELY AFFECTED BY ELIMINATING THIS OPPORTUNITY TO PROVIDE... |
| 01:07:12 |
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MADAM CHAIR, I'LL CONCLUDE BY SUGGESTING THAT I THINK THIS DEMONSTRATES EXACTLY HOW FALSE THE ARGUMENT,... |
| 01:07:22 |
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I AGREE WITH YOU COMPLETELY. I ASKED MY STAFF TO GET OUT -- BECAUSE YOU CAN'T BRUSH EVERYBODY WITH... |
| 01:08:49 |
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CERTAINLY, SENATOR. |
| 01:08:51 |
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SO WHAT I'M GOING TO DO IS MAKE SURE THAT THE REPUBLICAN MEMBERS UNDERSTAND, WE'RE WILLING TO COME... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.
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Dedrick, Kathy
Policy Director Senate Environment & Public Works Cmte.->Transportation 02:33 of 01:10:54 -
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