BREAK IN TRANSCRIPT
Mr. SMITH of Nebraska. Mr. Speaker, I rise today thankful we're talking about energy. Far too often, it seems, Washington is working on efforts to stop energy development right here in America. This bill at least makes an effort to tap into our domestic energy potential. However, I am concerned about the cost, and I am concerned the bill actually doesn't go far enough.
As a member of the Science Committee, I am familiar with the efforts to spur energy research, and as a member of the Natural Resources Committee, I am familiar with the rich resources our Nation has to generate more domestic energy. At a time when we are facing an annual deficit which is larger than the deficits from the last 4 years combined, we are here today to spend another $2 billion without any way to pay for it.
Energy policy is about choices, and the leadership of this Congress and of this new administration has made the choice not to promote the most economic and energy-rich forms of domestic energy resources, including oil and gas. In contrast, Republicans have chosen to support American energy production through an all-of-the-above energy plan. We support the development of solar energy all across America, and we also support wind, nuclear, hydropower, biofuels, and oil and gas development--domestic sources of energy.
America does not need just one choice on energy. We need access to all of the domestic energy resources we can develop. The American Energy Act would clean up the environment, lower energy costs, and create more American jobs than the bill before us today. In fact, the American Energy Act has four main objectives:
Increasing the production of American-made energy in an environmentally responsible and sound manner; promoting new, clean and renewable sources of energy such as nuclear, hydropower, clean-coal technology, wind and solar energy; encouraging greater efficiency and conservation by extending tax incentives for energy efficiency and rewarding development of greater conservation techniques and new energy resources; and cutting redtape and reducing frivolous litigation.
America needs energy development, and America needs jobs. While today's bill will promote some energy development and some new jobs, it's only one piece of the puzzle. America needs an all-of-the-above energy policy to develop many new energy resources and to create a lot of jobs.
Mr. Speaker, Republicans stand ready to help you promote increased domestic energy development. It's time that Congress not pick winners and losers in energy. It's time for all of the above.
BREAK IN TRANSCRIPT