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Public Statements

Modifications to S. 1956

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. THUNE. That is correct, it has always been my intent, and it is shared by the Congressional Budget Office, and the Secretary of Transportation, who will have the primary responsibility of implementing this legislation.

According to the CBO, ``enacting S. 1956 would have no significant impact on the federal budget.''

I ask unanimous consent at this time to have their entire report printed in the Record.

There being no objection, the material was ordered to be printed in the Record,

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Mr. THUNE. Additionally, at a recent Commerce Committee hearing on my bill, Secretary LaHood was asked if any possible action of implementation could ``include the U.S. government paying EU authorities directly or compensating the operators for any fines incurred for non-compliance with EU ETS.''

He responded, ``We have absolutely no intention of asking the U.S. taxpayer to pay any ETS fines incurred for non-compliance with EU ETS, directly or indirectly.''

I appreciate Senator Cardin and LAUTENBERG for coming forward and working with me to clarify this point, and I thank them both for releasing their hold.

I am happy that we have been able to come to a bipartisan agreement on my bill and look forward to final passage today in the Senate and hopefully soon by the House of Representatives so we can send a clear message to the EU that ETS is arbitrary, unfair, and a clear violation of international law.

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