Alexander Opposes Job-Killing, Economy-Wide Cap-and-Trade Bill

Calls Instead for Republican Four-Point Plan for Low-Cost, Reliable Energy

Posted on October 29, 2009

U.S. Senator Lamar Alexander (R-Tenn.) today made the following remarks on the floor of the Senate about the Kerry-Boxer cap-and-trade bill being considered by the Senate Committee on Environment and Public Works, of which he is a member: • “At a time of 10 percent unemployment in America, it will impose a new national energy tax that will raise utilities bills and send jobs overseas looking for cheap energy.” • “Before we embark on a program to send manufacturing jobs overseas, which this unquestionably will—if you work in an auto plant or auto supplier plant or cement plant, your job is likely to go overseas if this bill passes—before we deliberately make ourselves poorer, we should try a low-cost strategy.” • “All 40 Republicans have a four-point, low-cost clean-air strategy, which I think many Democrats agree with, and I believe President Obama agrees with a lot of it as well. Rather than this economy-wide, high-cost strategy, why not the following? 1. Create the environment in which we can build 100 new nuclear power plants in the next 20 years . . . 2. Electrify half our cars and trucks in the next 20 years . . . 3. Explore offshore for low-carbon natural gas and for our own oil . . . 4. Launch four mini Manhattan projects like the one we had in World War II . . . to find ways to recapture carbon from coal plants . . . to make solar more affordable . . . to make batteries better so that our electric cars can go 400 miles instead of 100 miles . . . and a mini Manhattan project to recycle used nuclear fuel in a way that doesn’t isolate pure plutonium.”