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Calculating Your Share Of ``Cap-And-Trade''

Floor Speech

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Date:
Location: Washington, DC

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Mr. SCALISE. I thank my friend for talking about this issue.

This cap-and-trade energy tax, this proposal that this administration and this leadership in Congress has brought forward--you're talking about the Spain study, and Spain is an interesting study because there are other countries that have gone down this road. So there are some good models to look at and see what is cap-and-trade, what has this national energy tax done to other countries, and you go to Europe and see the devastation to their economies.

And you look at Spain. They just did a study on the Spain experiment in cap-and-trade, and they came back with some numbers that showed, for every green job they created, they lost 2.2 regular jobs. And what's even more than that is that 9 out of 10 of those new jobs they created were temporary jobs.

So, in essence, for every one permanent new job they created with cap-and-trade energy tax, they lost 20 regular permanent jobs in their regular economy.

So if you look at what's happening here in the United States with this proposal, this cap-and-trade energy tax, it literally would run--estimates by the National Association of Manufacturers say that it would run 3 to 4 million jobs, American jobs, run them overseas to countries like China, India, and Brazil that are not going to comply with this.

So the real irony is for those people who really do believe that we need to reduce carbon emissions--ultimately we all recognize that carbon emissions have the same effect if they're emitted in the United States or in China. And so the real irony is, if you want to reduce carbon emissions, if you support cap-and-trade, you're going to have an increase in worldwide carbon emissions because the jobs that are done here in the United States, for example, that produce steel, to produce steel in the United States, and that same steel is going to be produced in China, for example. The same steel produced in China will emit four times the amount of carbon that the steel in the United States would emit because we already have tougher environmental regulations in place.

So for the people that are trying to use cap-and-trade, this energy tax to reduce carbon emissions, you'll actually have an increase in carbon emissions because the jobs that are in America right now that will go overseas, that we will lose in our economy, the 3 to 4 million jobs we will lose in tough economic times while American consumers actually end up paying over $2,000 or $3,000 a year in their electricity bill, those jobs go to China.

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Mr. SCALISE. Ultimately, we need a national energy policy. We don't have that in our country. So you've got very clear differences. The approach that we here that have been talking tonight support is a comprehensive national energy policy that understands that we've got our own national resources like oil, natural gas. We can develop clean coal technology. We can promote more nuclear, and we can use that to fund more solar and wind and other alternative sources of energy, but using our natural resources in America, not shipping jobs overseas like the cap-and-trade energy tax proposal by our colleagues on the Democratic side.

Mr. AKIN. Now you're getting me excited. You're talking about freedom instead of a whole bunch of government taxes and bureaucracy. What you're talking about allows Americans, empowering Americans to use the resources that we have, the technology, the innovation, and to develop energy from all different kinds of ways within our country and let that energy compete in a free market sense and let people buy the energy they want to buy.

Mr. SCALISE. And reduce our dependence on Middle Eastern oil while creating good jobs here in America, as opposed to their plan which taxes people on their energy bills and runs jobs to countries like China and India that will emit more carbon for doing the exact same thing we do here.

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Mr. SCALISE. Again, what we're talking about here is this is a proposal that just passed out of committee 2 weeks ago, a very detrimental proposal to our Nation's economy, a proposal that threatens our energy security at a time when we've got proposals and solutions that we've presented that actually would allow America to have energy independence. So it is a true debate between the two parties where we have very different views.

Their proposal is this cap-and-trade energy tax which, literally, to that senior citizen who is on a fixed income--the President's own budget director, President Obama's own budget director, said this proposal, cap-and-trade energy tax, would add another $1,300 per year to that fixed income senior citizen's electricity bill. Now, I don't know how they're going to go explain that to people, that this is what they're trying to do to them as we're talking about a summer coming up where people want to run their air-conditioning to stay cool. They're going to just tell those people to turn the air-conditioning off.

When people start wondering why we're not developing our own natural resources, in my State of Louisiana and in Dr. Fleming's own district, my colleague from Louisiana, the largest natural gas find in the history of our country was found just 3 years ago in Haynesville, enough natural gas to supply all of our country's natural gas needs for 10 years.

And then in my colleague from Pennsylvania, Congressman Thompson's district, another find, the Marselles find, which could be even bigger. They're just discovering how big that find is, could be even bigger than the Haynesville find.

We've got kinds of natural resources: oil, natural gas, clean coal, not to mention the nuclear capability that Europe and other countries have gone to in large proportions, that we are denying by policy, and they're saying don't use our own natural resources, which then increases dependence on Middle Eastern oil. We're trying to put up a proposal here to say let's use our own natural resources, not send jobs to China and India like cap-and-trade, not raise people's electricity bills. We've got the ability to create our own energy independence and secure our future while creating good jobs, and that's the true difference right now between their cap-and-trade energy tax and our American Energy Solutions Act, which is a very different approach to a comprehensive energy national policy.

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