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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:18 |
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PRIME MINISTER OF GERMANY, ANGELA MERKEL. I THINK WE ALL REALIZE THAT WE NEED TO WORK TOGETHER. SHE... |
| 00:01:20 |
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340,000 PAGES OF DOCUMENTS THAT WERE USED AS WE'LL LEARN FROM MR. McINTOSH. BUT WE WANTED TO SHOW... |
| 00:03:07 |
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THEY SENT OUT A SCOUT THIS MORNING TO SEE WHAT THE TERRITORY LOOKS LIKE. |
| 00:03:11 |
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CAN YOU PUT YOUR MIKE ON SO WE CAN HEAR YOU? |
| 00:03:15 |
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JUST A LITTLE CYNICISM HERE. THEY SENT OUT A SCOUT THIS MORNING TO SEE WHAT THE TERRITORY LOOKS LIKE,... |
| 00:04:33 |
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ANY OTHER COMMENTS BEFORE WE MOVE OUT OF THE BUSINESS MEETING AND GO INTO RECESS AND THEN HEAR FROM... |
| 00:05:46 |
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YES, THANK YOU MADAM CHAIRMAN. THANK YOU FOR INVITING ME TO TALK ABOUT THE RELEVANT ECONOMIC ANALYSIS... |
| 00:10:00 |
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THANK YOU. I'M GOING TO PASS ON THE QUESTIONS AND DO THEM AT THE END SO THIS IS THE ORDER OF ARRIVAL... |
| 00:10:20 |
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THANK YOU MADAM CHAIR. I DON'T THINK I WILL NEED IT, BUT I FIRST OF ALL WANT TO THANK DAVID FOR --... |
| 00:10:27 |
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IS YOUR MIKE ON? |
| 00:10:28 |
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I THINK. YEAH. I'M ON. |
| 00:10:31 |
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THANK DIVED FOR COMING HERE AND SHARING HIS EXPERTISE WITH US ON THIS SUBJECT. LET ME JUST TRY TO... |
| 00:10:54 |
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YES, SIR. AND THEN KERRY/BOXER WAS PUT IN ON THE SENATE SIDE AND IT IS SIGNIFICANTLY SIMILAR TO WAXMAN/MARKEY,... |
| 00:11:05 |
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PARTICULARLY AT THE LEVEL OF DETAIL THESE COMPUTER MODELS ARE DESIGNED TO DETECT. |
| 00:11:11 |
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AND IN THE AREAS IN WHICH IT WAS DIFFERENT, YOU RAN A 37-PAGE, AS I UNDERYOU TO SAY STUDY, THAT ANALYZED... |
| 00:11:26 |
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WHAT WE DID IN THE 37-PAGE ANALYSIS IS LOOKED AT THE 50-ODD SCENARIOS THROUGH WHICH EPA HAS ACTUALLY... |
| 00:11:54 |
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AND DIRECTIONALLY, SOME OF THOSE CHANGES OFFSET EACH OTHER, CORRECT? |
| 00:11:58 |
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THAT IS CORRECT. |
| 00:12:01 |
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SO THE DIFFERENCE BETWEEN WAXMAN/MARKEY AND KERRY/BOXER IS ACTUALLY EVEN LESS THAN THE LANGUAGE DIFFERENCES... |
| 00:12:21 |
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THAT'S CORRECT. THE ALREADY LOW LIKELIHOOD OF THE FULL SUITE OF COMPUTER MODELS BEING ABLE TO SAY... |
| 00:12:49 |
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IT IS PARTICULARLY UNLIKELY THAT RUNNING A FULL SUITE WOULD SHOW DIFFERENCES IN THE OUTCOMES RIGHT... |
| 00:12:56 |
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THAT'S RIGHT. MOREOVER, WE'VE BEEN CAREFUL IN THE 37-PAGE REPORT WHERE EPA IN THERE MAKES A STATEMENT... |
| 00:13:15 |
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THESE COMPUTER MODELS YOU DO, JUST TO SORT OF STEP BACK FROM THIS, THEY ARE NOT CAPABLE OF PRECISE... |
| 00:13:29 |
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THEY'RE NOT. TO USE AN ANALOGY. THE COMPUTER MODELS COULD TELL YOU ARE WEARING A LAPEL PIN BUT IF... |
| 00:13:42 |
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SO THERE IS ALREADY A ZONE OF UNCERTAINTY AROUND EVEN THE COMPLETE ANALYSIS THAT WAS DONE FOR WAXMAN/MARKEY?... |
| 00:13:49 |
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THAT'S RIGHT. THESE COMPUTER MODELS ARE GOOD AT CERTAIN THINGS AND NOT GOOD AT OTHERS. ONE THING... |
| 00:14:20 |
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YOURS IDENTIFIED NONE OF NOSE IN THE DIFFERENCES BETWEEN WAXMAN/MARKEY. |
| 00:14:27 |
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IT WOULD HAVE SUBSTANTIAL CHANGES ON THE MOLDED ECONOMIC OUTPUTS. HAD NOT BEEN CHANGED VERY MUCH.... |
| 00:14:46 |
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NOW IF YOU CONSIDER THIS ZONE OF UNCERTAINTY AROUND THE COMPLETE ASSESSMENT, COMPLETE ANALYSIS OF... |
| 00:15:28 |
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YES, WE ARE. AND I THINK THE EVIDENCE OF THAT, SENATOR IS THAT IN UNCERTAINTY IN THESE MODEL, EPA... |
| 00:16:13 |
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SO STATISTICALLY, IN EFFECT, THERE'S NO DIFFERENCE? |
| 00:16:17 |
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THAT'S CORRECT. |
| 00:16:19 |
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THE -- YOUR FAMILIAR WITH THE AMENDMENTS THAT, OR SOME OF THE AMENDMENTS THAT WILL BE OFFERED HERE?... |
| 00:16:25 |
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ONLY SOME OF THEM. I'VE BEEN A LITTLE OUT OF COMMISSION THE LAST FEW HOURS. |
| 00:16:31 |
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WELL, ARE YOU -- ARE THERE AMENDMENTS THAT YOU ARE AWARE OF THAT WOULD CAUSE A GREATER CHANGE IN THE... |
| 00:16:51 |
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YES, I AM. CERTAINLY ANY SIGNIFICANT CHANGE TO ANY OF THE EARLIER CAP LEVELS COULD AT LEAST WIPE OUT... |
| 00:17:36 |
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AND THE SAME WOULD ALSO BE TRUE FOR CHANGES IN THE BILL THAT ARE OCCASIONED BY OTHER COMMITTEES OF... |
| 00:18:27 |
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THAT'S RIGHT. FOR EXAMPLE, THE -- IN THE SENATE ENERGY REPORTED BILL, THERE IS ESSENTIALLY AN ENERGY... |
| 00:19:03 |
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SO THE USEFULNESS OF ANY SO-CALLED COMPLETE MODEL OR COMPLETE -- WHAT WAS THE WORD YOU USED? |
| 00:19:10 |
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ECONOMIC COMPUTER MODEL? |
| 00:19:12 |
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YEAH. THE UTILITY OF ANY COMPLETE MODEL WOULD EVAPORATE AS SOON AS A SIGNIFICANT AMENDMENT OF THE ... |
| 00:19:38 |
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YES, I BELIEVE THAT'S CORRECT. |
| 00:19:40 |
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ALL RIGHTY. WELL, MADAM CHAIR, I FIND IT A LITTLE HARD TO, UNDER THESE CIRCUMSTANCES, ACCEPT THAT... |
| 00:20:37 |
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SENATOR, THANK YOU, AND I THINK TO ADD TO YOUR ELOQUENCE, I CAN'T BE AS ELOQUENT. WE HAVE THIS VERY... |
| 00:21:15 |
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THANK YOU VERY MUCH, MADAM CHAIR AND THANK YOU, DAVID, FOR YOUR TESTIMONY. NOW, THE MODELS THAT EPA... |
| 00:21:35 |
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MOST OF THE MODELS THAT EPA USES IN THIS COLLAGE OF MODELS FOCUS JUST ON THE ECONOMIC OUTPUTS, BUT... |
| 00:21:49 |
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OKAY. NOW, IF I UNDERSTOOD YOU RIGHT, AND I'LL RESTATE THIS JUST SO I CAN BOUNCE IT OFF OF YOU, THAT... |
| 00:22:12 |
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THAT'S RIGHT. TO THE EXTENT THEY DO BREACH THAT LINE, EPA FEELS VERY CONFIDENT THAT WE CAN SAY BASED... |
| 00:22:28 |
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AND I BELIEVE YOU DESCRIBED THAT WHEN WE HAVE THE ADDITIONAL AMENDMENTS IN THIS COMMITTEE, WHEN WE... |
| 00:22:47 |
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THAT'S RIGHT. THAT THERE ARE -- THERE'S DEFINITELY A REASON EPA HAS DONE ECONOMIC COMPUTER MODELING... |
| 00:23:16 |
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SO IT WOULD BE A WASTE OF TAXPAYER RESOURCES AND CERTAINLY THE CAPABILITIES OF YOUR TEAM TO RERUN... |
| 00:23:27 |
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EPA DOES BELIEVE THAT THE AGENCY WOULD BE RELUCTANT TO DO IT RIGHT NOW, GIVEN THAT IT COSTS AT LEAST... |
| 00:23:36 |
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WE SPENT A LOT OF MONEY, EARNED LITTLE, BUT LATER ON WITH GREAT IRCHANGES, WE'LL GAIN REAL INSIGHTS... |
| 00:23:43 |
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OKAY. IT'S MY UNDERSTANDING THAT IN TERMS OF THE COST OF ALLOWANCES, THE MODELS ARE LIKELY TO SEE... |
| 00:24:11 |
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WELL, IF YOU WERE TO RADICALLY CHANGE THE NUMBER OF ALLOWANCES AVAILABLE IN THE SYSTEM OVER THE WHOLE... |
| 00:24:47 |
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OKAY. WELL, LET ME ASK, THEN, SPECIFICALLY, ONE OF THE ISSUES MY COLLEAGUE FROM OHIO RAISED THIS... |
| 00:25:22 |
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WELL, IN THAT CASE, ACTUALLY, WE DID MODEL THAT. WHEN WE MODELED THE WAXMAN/MARKEY BILL, WE MODELED... |
| 00:26:00 |
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OKAY. SO WE HAVE ALL THE INFORMATION WE COULD POSSIBLY GAIN ON THAT PARTICULAR ISSUE. ANOTHER ISSUE... |
| 00:26:31 |
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ONLY IN THE MORE PESSIMISTIC -- IT'S ONLY A DRIVER AT ALL OF THE MODELED OUTPUTS IN THE MORE PESSIMISTIC... |
| 00:27:22 |
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LET ME RESTATE THAT AND MAKE SURE I HAVE THIS CORRECT. YOU CAN PUT ANY NUMBER ON THE AVAILABILITY... |
| 00:28:00 |
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THE ECONOMIC COMPUTER MODELS HAVE BEEN COMING TO THE CONCLUSION THAT THE PRACTICAL AVAILABILITY OR... |
| 00:29:23 |
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SO I'VE MENTIONED TWO OF THE MAJOR DISTINCTIONS BETWEEN WAXMAN/MARKEY AND THE SENATE BILL. ARE THERE... |
| 00:29:37 |
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THERE ARE NONE THAT WE DON'T ACTUALLY CONFIDENTIALLY SAY WHAT THE RESULTS ARE IN THE OCTOBER 23rd... |
| 00:29:42 |
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SO ONE OF THE THINGS I WANTED TO ASK YOU ABOUT IS, WE HAVE IN THE BILL THE GOAL OF REDUCING CARBON... |
| 00:30:38 |
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WHAT THE ECONOMIC COMPUTER MODELING DOES IS THAT WITH RESPECT TO WHAT THE EMISSIONS WOULD BE AND WHAT... |
| 00:32:04 |
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WELL, LET ME APPROACH THIS FROM A LITTLE DIFFERENT ANGLE. HERE WE'VE HAD THIS 8.5% REDUCTION IN CARBON... |
| 00:32:15 |
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WELL, YOU ARE, BUT IF YOU WANT THIS LAST QUESTION, THEN STAY FOR A SECOND ROUND. |
| 00:32:19 |
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OKAY. THIS LAST QUESTION, THEN. GIVEN THAT WE'VE HAD THIS 8.5% DROP OVER A FOUR-YEAR PERIOD IN CARBON... |
| 00:32:45 |
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WOMEN, THE COMPUTER MODELS HAVEN'T REALLY RUN ON LOOKING AT THE EXISTING SITUATION WITHOUT THE PRESENCE... |
| 00:33:53 |
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THANK YOU VERY MUCH. AND THANK YOU VERY MUCH, MADAM CHAIR. |
| 00:33:57 |
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THANK YOU, SENATOR. SENATOR LAUTENBERG? |
| 00:34:11 |
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THANKS VERY MUCH, MR. METZ. BOO. WELL, TEST, TEST, TEST. OKAY. THAT'S WHAT SENIORITY DOES FOR YOU.... |
| 00:35:14 |
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EPA STAFF INCLUDING MYSELF HAVE BEEN IN TOUCH WITH SENATOR VOINOVICH'S OFFICE IN CONTEXT FOR HIS REQUEST... |
| 00:35:39 |
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NOW, COULD YOU DARE SPECULATE ON WHAT KIND OF DIFFERENCES THEY MIGHT SEE IF WE DID EXACTLY WHAT THEY'RE... |
| 00:36:00 |
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I BELIEVE IF WE DID WHAT THEIR THEIR -- ON THE VERSION OF THE BILL IN FRONT OF YOU RIGHT NOW AND... |
| 00:36:37 |
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SO WHAT ARE THEY -- IT'S HARD TO UNDERSTAND WHAT MIGHT BE GAINED BY THIS THIRD OR FIFTH REVIEW ON... |
| 00:36:59 |
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THAT'S RIGHT. YES. I CAN'T SPECULATE ABOUT WHAT THE PEOPLE REQUESTING THE ADDITIONAL ANALYSIS NOW... |
| 00:37:17 |
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Mike:ED UP AN ENERGY AND CLIMATE BILL IN THE LAST CONGRESS COMPARED TO WHAT IS BEFORE THIS COMMITTEE... |
| 00:38:24 |
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THE ONLY WAY OF WHAT IS UNFOLDING BETWEEN THE EPA ANALYSIS AND THIS COMMITTEE'S WORK, THE ONLY WAY... |
| 00:38:51 |
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LADY CHAIRMAN, I BELIEVE THAT'S IMPORTANT TO NOTE, BECAUSE WE'RE TILTING AT WINDOWS HERE AND THE CONCLUSIONS... |
| 00:39:27 |
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IT TAKES ABOUT FIVE WEEKS TO RUN THE FULL SUITE OF ECONOMIC COMPUTER MOD MS. |
| 00:39:32 |
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OKAY. AND THE -- BUT AS YOU EXPRESSED IT, THE CONCLUSION IS THAT KERRY/BOXER WOULD IMPOSE MODEST CAUTION.... |
| 00:40:20 |
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YES, THAT'S CORRECT. |
| 00:40:21 |
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MADAM CHAIRMAN, I THINK WE'RE KIND OF MIRED DOWN HERE, NOT BY A SERIOUS INTEREST IN FINDING WHAT AS... |
| 00:41:10 |
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LEAVE APART THE MECHANICS FOR A MOMENT AND SAY, ALL RIGHT. HOW DO YOU FEEL ABOUT GLOBAL CLIMATE CHANGE?... |
| 00:42:04 |
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EPA'S MAIN -- THE ENTIRE POINT OF STARTING WITH CAPS AS SOON AS POSSIBLE IS SO SO THE DIRECTORY OF... |
| 00:42:44 |
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I THINK WE GET TO SEE THROUGH THE As HERE AND THANK YOU FOR YOUR ADEPT HANDLING OF A FAIRLY COMPLIMENTED... |
| 00:43:13 |
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THANK YOU. I'M GOING TO CALL ON A NOTE THAT THE SENATOR WILL HAND QUESTIONS IN. I HOPE, MR. McINTOSH,... |
| 00:43:23 |
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YES, MA'AM. |
| 00:43:27 |
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I DON'T THINK THEY'RE BE THAT. DIFFERENT. AND SENATOR CARPER THE FLOOR IS YOURS FOR TEN MINUTES.... |
| 00:43:37 |
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SENATOR LAUTENBERG ALLUDED TO YOUR ADEPT HANDLING OF THE QUESTIONS THAT HAD BEEN SENT YOUR WAY, AND... |
| 00:43:54 |
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SINCE THE END OF JANUARY OF THIS YEAR. |
| 00:43:55 |
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AND TELL US AGAIN WHAT YOUR ROLE IS THERE. |
| 00:43:58 |
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I'M THE ASSOCIATED ADMINISTRATOR FOR CONGRESSIONAL AND INTERGOVERNMENTAL RELATIONS. |
| 00:44:05 |
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OKAY. PRIOR. WHERE DID YOU WORK? |
| 00:44:09 |
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I WORKED FOR A FEW MONTHS ON THE PRESIDENTIAL TRANSITION TEAM AND BEFORE THAT, SENATOR LIEBERMAN.... |
| 00:44:16 |
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THE DPREM CONNECTICUT? |
| 00:44:17 |
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YES, SIR. |
| 00:44:19 |
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HAS HE EVER BEEN NOTE FOR BEING A CHAMPION OF CLIMATE CHANGE LEGISLATION? |
| 00:44:23 |
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YES, SIR. FOR MANY YEARS. |
| 00:44:25 |
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AND WERE YOU INVOFRED IN THAT IN ANYWAY? |
| 00:44:27 |
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YES. I WAS HIS LEGISLATE UV ASSISTANT FOR ENERGY AND THE ENVIRONMENT, AND THAT INCLUDED CLIMATE CHANGE... |
| 00:44:36 |
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DID YOU HAVE ANY INVOLVEMENT WITH THE LEGISLATION THAT HE ORRERED WITH SENATOR WARNER? |
| 00:44:42 |
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YES. I WOULD SAY HIS PRIMARY STAFF ARE ON THAT EFFORT. |
| 00:44:45 |
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HOW LONG DID YOU WORK FOR SENATOR LIEBERMAN? |
| 00:44:48 |
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2 1/2 YEARS. |
| 00:44:49 |
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NO. IT SEEMED TO GO BY VERY QUICKLY, ACTUALLY. |
| 00:45:00 |
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AND PREVIOUS CONGRESS' RETIRING. WHERE A REPUBLICAN COLLEAGUE OF OUR, SENATOR McCAIN, AND IF I'M ... |
| 00:45:22 |
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THAT'S CORRECT, SKELL FOR ONE SMALL PIECE. SENATORS LIEBERMAN AND McCAIN RELEASED A NEW VERSION OF... |
| 00:45:33 |
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THIS MAY NOT BE A FAIR QUESTION, BUT IF YOU WOULD HELP ME WITH THIS, I'D APPRECIATE IT. WHEN YOU WERE... |
| 00:46:09 |
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I DON'T KNOW IF YOU CAN HELP US WITH THINK, BUT IF YOU COULD, I'D BE GRATEFUL. GIVE US JUST SOME IDEA,... |
| 00:46:31 |
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IT. |
| 00:46:32 |
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Heidi: GONE DIFFERENT. |
| 00:46:34 |
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SIMILAR, AND THEN MAY KEY DIFFERENCES, PLEASE T. HAD GOTTEN VERY, VERY DIFFERENT, BUT I'LL FIRST DESCRIBE... |
| 00:47:38 |
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MY RECOLLECTION IS THAT WE DID NOT EXTENSIVELY DEBATE IN THIS COMMITTEE THE McCAIN LIEBERMAN LEGISLATION.... |
| 00:48:00 |
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YES. BOTH OF THOSE BILLS WENT DIRECTLY TO THE FLOOR AS AMENDMENTS TO PENDING BILLS. |
| 00:48:06 |
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AND OFFERED AS AN AMENDMENT, I PREVUM -- HELP US. DO YOU RECALL WHAT THOSE BILLS WERE OFFERS AN AMENDMENT... |
| 00:48:30 |
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GOOD. THANKS. MY REC SLIGS THAT I VOTED FOR BOTH PROPOSALS IN 2003 AND 2005. IN FACT, I RECALL LOBBYING... |
| 00:48:58 |
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Reporter: IT DROPPED ABOUT FOUR VOTES ON THE SENATE FLOOR AND THE MAIN SUBSTANTIVE DIFFERENCE CITED... |
| 00:49:20 |
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ALL RIGHT. THAT'S MY RECOLLECTION AS WELL. WHAT KIND OF SCORING MIGHT EPA HAS BEEN ASKED TO DOUGH... |
| 00:49:52 |
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I SHOULD HAVE SAID WHAT REQUEST WAS MADE IN TERMS OF MODELING? |
| 00:49:57 |
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I THINK IT WAS M.I.T. THAT ACTUALLY DID THE EARLY MODELS AND NOT APA, AND I BELIEVE THAT THE EPA ANALYSIS... |
| 00:50:25 |
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BETWEEN 2003 AND 20075, SOME OF MY COLLEAGUES MAY RECALL SEVERAL OF US WHO TRY TO GET AP P TO MODEL... |
| 00:51:09 |
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YES, SIR. THE ARCHITECTURE, AGAIN, REMAINED BASICALLY THE SAME. AND THE DIFFERENCE WAS THAT THIS ... |
| 00:52:19 |
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IT'S ALMOST LIKE THE OTHER VERSION OF McCAIN/LIEBERMAN WERE, IF YOU WILL, YOUNGER. I WON'T SAY CHILDLIKE,... |
| 00:52:51 |
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YES, EPA WAS ASKED TO DO THAT. EPA DID DO SO, ALTHOUGH NOTABLY, EPA DID NOT DELIVER THAT AUNTIL SIS... |
| 00:53:05 |
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WHY THE DELAY? |
| 00:53:07 |
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IT TOOK A LONG TIME. IT TOOK A LONG TIME FOR EPA TO TO -- WELL, IT TOOK SOME TIME FOR EPA TO DID --... |
| 00:53:23 |
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REALLY? SO YOU'RE TELLING ME THE COMMITTEE REPORTED THE BILL FOUR MONTHS PRIOR TO RECEIVING THE |
| 00:53:28 |
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THAT'S CORRECT. AT THE TIME THIS COMMITTEE ACTED IN DECEMBER 2007, THE ONLY EPA ECONOMIC COMPUTER... |
| 00:53:57 |
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WOULD YOU COMPARE AND CONTRAST WHAT HAPPENED THEN IN THIS REGARD AND THE SITUATION WHERE WE FIND OURSELVES... |
| 00:54:05 |
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YES, SIR. THE AMOUNT OF ECONOMIC ANALYSIS THAT THE ECONOMY HAS BEFORE IT AND THE AMOUNT OF ECONOMIC... |
| 00:54:34 |
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DO YOU RECALL -- DO YOU RECALL THE PUBLIC POSITION OF THE ADMINISTRATION WHEN THIS COMMITTEE CHOSE... |
| 00:54:58 |
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I DON'T RECALL THE ADMINISTRATION COMMENTING ON THE SUFI OF THE ECONOMIC ANALYSIS. I DO RECALL THE... |
| 00:55:19 |
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AND YOU WERE ON SENATOR -- THE STAFF AND EVERYTHING. YOU SAID YOU WERE DIRECTOR. WHEN YOU REPORTED... |
| 00:55:39 |
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YES. I WAS SITTING ALMOST IMMEDIATELY WHERE YOU ARE SITTING NOW. |
| 00:55:44 |
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YOU MEAN WHERE LAURA HAYNES IS SITTING? |
| 00:55:47 |
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YES, EXACTLY. THEY PARTICIPATED ACTIVELY. THERE WERE MANY REPUBLICANS CONSIDERED AND A FEW ADOPTED... |
| 00:55:55 |
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SEEMS PECULIAR TO ME AND THIS MAY NOT BE A FAIR QUESTION BUT I'LL ASK IT ANYWAY, WHY DO YOU SUPPOSE... |
| 00:56:21 |
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I THINK I CAN SAY TWO THINGS IN RESPONSE. FIRST IS, I DON'T KNOW THE ACTUAL MOTIVATIONS BUT THE SECOND... |
| 00:56:43 |
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ALL RIGHT. WELL, MADAM CHAIR, I SEE THAT RED LIGHT FLASHING. I THINK THAT TELLS ME TO -- OKAY. I... |
| 00:58:19 |
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YES. |
| 00:58:21 |
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AND WE HAVE HEARD TODAY, I WAS PLEASED TO HEAR, WHEN CHAIRMAN BOXER REPORTED THAT OUR LEADER, MAJORITY... |
| 00:59:39 |
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I THINK IT WILL TAKE FIVE WEEKS. |
| 00:59:40 |
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YOU THINK IT WOULD TAKE ABOUT |
| 00:59:41 |
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YES, SIR. |
| 00:59:43 |
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SO IF WE'RE IN A POSITION BY CHRISTMAS TO ACTUALLY REPORT A BILL OUT OF THIS COMMITTEE TO THE SENATE... |
| 01:00:22 |
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AT THAT POINT WE WOULD BE MODELING SEVERAL DIFFERENT ASPECTS OF THE MERGED LEGISLATION. AND THAT... |
| 01:01:08 |
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MADAM CHAIR, I NEED TO SLEEP OUT INTO THE ANTE ROOM AND MEET WITH SOMEONE WHO'S WAITING TO MEET WITH... |
| 01:03:24 |
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SENATOR CARPER, THANK YOU. TOP SAY TO YOU AND YOUR STAFF, YOU'VE BEEN EXTRAORDINARY MEMBER TO GET... |
| 01:04:43 |
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1,600. |
| 01:04:44 |
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1,600. SO IF YOU PUT A DOLLAR ON THAT, THAT'S VERY LARGE. THOSE OF THE PEOPLE TAKEN AWAY FROM OTHER... |
| 01:05:34 |
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THAT'S CORRECT. |
| 01:05:36 |
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NOW, WHAT WE'RE DOING HERE IS UP FRONT WE HAVE THE ANALYSIS. NOW IF YOU LOOK AT WAXMAN/MARKEY. THE... |
| 01:06:12 |
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THAT IS CORRECT. |
| 01:06:14 |
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AND HERE WE SIT WITH KERRY/BOXER, OCTOBER 23rd OF THE EPA ANALYSIS OF 1733, OCTOBER 27 TO 29, THE... |
| 01:06:40 |
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YES, MA'AM. |
| 01:06:41 |
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OKAY. SO I THINK YOU CAN SEE PARTICULAR THIS THAT ACTUALLY WHAT WE DID HERE IS UNPRECEDENTED IN TERMS... |
| 01:07:04 |
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NO, SENATOR. THERE WASN'T. |
| 01:07:08 |
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SO THE REPUBLICANS AND THE ENERGY COMMITTEE, SENATOR MAJKOWSKI AND HER COLLEAGUES, VOTED ON ESSENTIALLY... |
| 01:07:39 |
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NO. CERTAINLY NOT BY EPA AND I DON'T BELIEVE BY ANYBODY ELSE EITHER. |
| 01:07:45 |
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LETTED RECORD SHOW THE COMMITTEE INFORMED ME THERE WAS NO ECONOMIC ANALYSIS. SO YOU HAVE TO REALLY... |
| 01:08:01 |
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YES, SENATOR. |
| 01:08:04 |
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THANK YOU. EPA, IT'S MY UNDERSTANDING THAT THE EPA ANALYSIS OF KERRY/BOXER RELIED ON MORE THAN 50... |
| 01:08:35 |
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YES, MA'AM. IT RELIED ON OVER 50 MODEL SCENARIOS PACKAGED INTO FIVE OR SIX SEPARATE ECONOMIC COMPUTER... |
| 01:09:00 |
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RIGHT. AND I CORRECT MYSELF. IT WAS 340,000, 364 PAGES OF SUPPORTING ANALYSES AND DATA THAT WIN THE... |
| 01:09:10 |
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THAT'S CORRECT. |
| 01:09:11 |
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OKAY. SO WE HAVE IN FRONT OF US A LOT OF THESE PAPERS. SO IF WERE YOU TO RANDOMLY GRAB A HANDFUL,... |
| 01:09:22 |
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YOU WOULD SEE A COUPLE OF DIFFERENT CATEGORIES OF THINGS. ONE, YOU WOULD SEE POWER POINT SLIDES SHOWING... |
| 01:10:12 |
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OKAY. AND I KNOW YOU'VE ANGSTED THIS BEFORE, BUT I THINK IT'S VERY IMPORTANT FOR THE PUBLIC TO GET... |
| 01:10:29 |
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CAP LEVELS, COVERAGE. SO WHICH ARE THE ENTITIES THAT ARE ACTUALLY SUBJECT TO THE CAPS. THE LARGE... |
| 01:11:05 |
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S THATTOESS BACKONOTHERER QUESTION THAT U ANGSGSTED, WHICH ISIS TTT AEE LOOKED ATHEHE KEKERRY/BOXER... |
| 01:12:10 |
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THAT'S CORRECT. ONE OF THE QUOTES FROM THE OCTOBER 23rd ANALYSIS IS, "BECAUSE OF THESE MANY SIMILARITIES... |
| 01:12:27 |
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OKAY. AND AS WE'VE GONE THROUGH THIS AND YOU HAVE ANSWERED EVERYTHING IN QUITE A BIT OF DETAIL, AND... |
| 01:13:01 |
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YES. I THINK IT'S A PLAIN FACTUAL MATTER AND IT IS FACTUALLY UNPRECEDENTED. |
| 01:13:08 |
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WELL I JUST WANT TO THANK YOU SO VERY MUCH. I KEEP TALKING SLOWLY, HOPING THE DOOR WILL OPEN AND ONE... |
| 01:32:55 |
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WE WILL RECON STREEN MARK-UP. WE WILL RECONVENE THE MARK-UP. THANK YOU, PAUL. I STARTED PUTTING LETTERS... |
| 01:39:11 |
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GIVE TEN NATURE |
| 01:39:14 |
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GIVE TEN NATURE OF THE LETTER I JUST RELEASED I AM STILL CONFIRMING IT AND I WILL STAND IN RECESS... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.