Posted on 10/28/2009 8:25:14 AM PDT by EBH
Flash link at source to observe the hearing.
This is the new version of Cap and Trade.
Opening Statement of Sen. James M. Inhofe (R-Okla.), Ranking Member
Senate Committee on Environment and Public Works
Full Committee hearing entitled, “Legislative Hearing on S. 1733, Clean Energy Jobs and American Power Act.”
October 28, 2009, 9:30 a.m.
Based on all the evidence we’ve seen, in this and other committees in the Senate, I can say with confidence that Kerry-Boxer will destroy jobs, weaken our national security, and raise electricity prices for consumers. And that’s what I want to talk about today.
First, let’s talk jobs. I noted this yesterday, but I want to say it again: When asked during a Senate Energy Committee hearing whether cap-and-trade would result in a net reduction of jobs, officials from the Congressional Budget Office, along with EPA, EIA, and CRS, raised no objection. CBO’s views match those of the National Black Chamber of Commerce, which found that the Waxman-Markey bill would destroy a net 2.5 million jobs.
I look forward to hearing from Valero Energy and the Virginia Manufacturers Association, particularly their real-world perspective as to how Kerry-Boxer would affect jobs.
According to Valero Energy, “S. 1733 will drive domestic gasoline and diesel production offshore, resulting in lost jobs for American workers and the outsourcing of our nation’s energy security to regions of the world that do not follow such stringent environmental protections.”
Both Valero and the Virginia Manufacturers Association will talk about how the recession has hurt their operations and employees. And they will talk about how Kerry-Boxer and Waxman-Markey will make things even worse.
I’m also eager to discuss how cap-and-trade weakens our national security. Major General Scales and Lt. Col. Carafano will put our nation’s threats in context, and describe how America needs to develop its domestic resources to maintain its war-fighting capability. Maj. Gen. Scales said it well:
“Advocates of this bill believe passionately that it will reduce America’s production of greenhouse gasses. Some suggest that it will create jobs. They may or may not be correct. But nothing in this bill will either reduce the likelihood of American involvement in future wars nor will it improve America’s war making capabilities. Indeed over the decades the consequences of the bill might well reduce American influence and retard our ability to deter and fight wars in the future.”
The Congressional Research Service released a new report that found America’s combined recoverable natural gas, oil, and coal resources are the largest on earth. Yet due to government restrictions, 83 percent of these resources are off limits. For the sake of our national security, we need to develop these resources.
Finally, Kerry-Boxer undoubtedly will raise electricity prices for consumers. Dustin Johnson, Public Utility Commissioner from South Dakota and Barry Hart, the CEO of the Missouri Rural Electric cooperatives, understand how higher electricity prices can create severe economic hardship for ratepayers. They both agree that Kerry-Boxer will raise electricity prices in their states. Mr. Hart will testify that Waxman-Markey will cause rate increases averaging between 12 percent and 26 percent starting in 2012, with the potential to reach as high as 50 percent should utilities be forced to switch from coal to natural gas for a significant portion of their fuel.
Commissioner Johnston will testify that Kerry-Boxer is worse for consumers than Waxman-Markey. As he explains, the Kerry-Boxer bill has a more aggressive near-term target of 20 percent in 2020, and starts with fewer allowances available for allocation. “The end result,” he said, “is a much more severe impact to ratepayers.”
So with this and other testimony today, we will learn yet again that cap-and-trade, especially of the Kerry-Boxer variety, is a raw deal for consumers and a raw deal for the national security of the United States.
Voinovich up right now. Talking about incentives to get people to do the things they want.
Anything out of Kerry or Boxer has to be BAD for America. You can take that to the Bank of Sanity.
Is a Smart Grid one that shuts off the power when people watch Fox News, or that refuses to let registered republicans open their garage doors on election day, or that similarly disables internet access to certain political websites and discussion fora?
Government: “Don’t do the right thing. Do the left thing.”
Smart Grid vulnerabilities could cause widespread disruptions ...
30 Sep 2009 ... NIST report assesses security and privacy issues and proposes strategies for protecting the US Smart Grid from deliberate attacks as well as ...
www.infoworld.com/.../smart-grid-vulnerabilities-could-cause-widespread-disruptions-803 -
Sen. Carper up.
People who voted for the obomination can't say they weren't warned;
http://www.youtube.com/watch?v=BqHL404zhcU
This video needs to play 24/7 from now ‘til this take over bill is killed...
At any time, let alone in today's economy, this is insanity. But this video is understandable even to the most unaware and/or obama boot licker.
FROM CNN!!!
‘Smart Grid’ may be vulnerable to hackers - CNN.com
Until the United States eliminates the Smart Grid’s vulnerabilities, some experts said, deployment should proceed slowly. ...
www.cnn.com/2009/TECH/03/20/smartgrid.vulnerability/ - Cached - Similar
Can any of them tell me just how all this will save the earth??? They can dream about 20% cuts and make demands and cost US taxpayers trillions of dollars, and all we will see is 0.01 of a degree reduction in predicted temperature.
Carper is questioning the $850 Billion compliance cost
Full Committee hearing entitled, “Legislative Hearing on S. 1733, Clean Energy Jobs and American Power Act.”
Wednesday, October 28, 2009
Lieutenant Colonel James Jay Carafano (Ret.)
Deputy Director, Kathryn and Shelby Cullom Davis Institute for International Studies Director, Douglas and Sarah Allison Center for Foreign Policy Studies, The Heritage Foundation
Even that old reprobate Byrd is against this bill - his state is heavy coal mining.
Hope he doesn’t suddenly take a turn for the worse - which, at his age and condition, could be easily achieved without suspicion.
National security panel up next.
Anything resulting from a Kerry-Boxer union has to be worse than Rosemary’s Baby.
Clean Energy Jobs and American Power Act
http://kerry.senate.gov/cleanenergyjobsandamericanpower/pdf/bill.pdf
It looks like wall to wall study grants and carbon credit schemery.
They are trying to pass legislation based on a FRAUD.
John Effin Kerry and Barbara Boxer are two of the ‘glittering jewels of colossal ignorance’, as Rush describes them, in the US Senate.
Senate Minority Committee Members
James M. Inhofe
George V. Voinovich
David Vitter
John Barrasso
Mike Crapo
Christopher S. Bond
Lamar Alexander
LIVE WEBCAST FOR THE THIRD DAY OF HEARINGS STARTS AT 9:30AM!
10/29/2009 Full Committee hearing entitled, “Legislative Hearing on S. 1733, Clean Energy Jobs and American Power Act.”
10/28/2009
[ Webcast ] Full Committee hearing entitled, “Legislative Hearing on S. 1733, Clean Energy Jobs and American Power Act.”
10/27/2009
[ Webcast ] Full Committee hearing entitled, “Legislative Hearing on S. 1733, Clean Energy Jobs and American Power Act.”
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