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The Petri Dish
June 26, 2009

 
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Cap and trade for the cost of a stamp


Posted at 12:29 pm by Jerry Cornfield

The U.S. House of Representatives is in the thick of debate on the Democrats' climate change and energy bill AKA the American Clean Energy and Security Act.

Rep. Jay Inslee, D-WA., author of a few parts and one of its most fired up supporters, got his minute at the podium a short time ago.

If you missed him on C-SPAN, here's what he said (as provided me by his staff):

"Madam Speaker, this bill renews some basic American values. Of confidence in ourselves, optimism about our future, and a can-do spirit. We support this bill because we believe Americans still have the right stuff that we had in the sixties when we went to the moon.

"And this bill calls forward America’s future to get off of foreign oil, to put millions of people to work in clean technology, and to give our grandkids a chance at a future with a decent atmosphere like we grew up with.

"The people who are against this bill, I urge them to avoid the pessimism and the lack of imagination that I’ve heard on the floor on this.

"Now will this have some investment cost? Yes. And what is the best assessment of that cost? It is the Congressional Budget Office, a non-partisan group that Republicans typically rely upon.

"What have they said? They said this will cost the typical family of four 47 cents, the cost of a little more than a stamp.

"Will we pay the cost of a stamp to get rid of 5 million barrels of oil a day from the Mideast? You bet we will! And this bill will do it.

"Will we pay a stamp to give our grandkids a future of an environment that is not going to destroy their health? You bet we will.

"Will we pay a stamp to give people at the Brightsource company a chance? You bet we will.

"We’re going to put a stamp on America’s future for the price of stamp. It’s a good deal for our future."
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