Mr. President, I first thank our distinguished chairwoman from California. From the very moment she seized the reins of the chairmanship of this committee, she indicated a strong desire to address this problem. I thank my colleague from…
Mr. President, I first thank our distinguished chairwoman from California. From the very moment she seized the reins of the chairmanship of this committee, she indicated a strong desire to address this problem.
I thank my colleague from Connecticut. He is the chairman of the subcommittee with primary jurisdiction over this matter. I purposely chose, as the longest serving member on the Environment and Public Works Committee on the Republican side, to be ranking for the purpose of this day coming to the floor of the Senate and indicating to our colleagues that we had formulated a starting point for the Congress to assume its leadership which I believe, as a coequal branch of our Government, we have.
I am proud of the achievements we have made to date. I shall address them further, but at this time, I yield the floor to our distinguished colleague, Senator Inhofe, the ranking member of the full committee, and thank him. While we differ on the substance of these matters procedurally and we work our will in the subcommittee and eventually the full committee, I do hope we can have his cooperation.
Mr. President, at this time, I ask that the hour for this debate be extended from 10:30 a.m. to 10 minutes to 11 to accommodate Senator Inhofe, who now will give his remarks, and then Senator Collins and Senator Alexander.
Once again, I thank my distinguished chairman and ranking member. We are off, we are out of the starting gate.
I yield the floor.
Mr. President, my understanding is the Senator wants 5 or 6 minutes.
Mr. President, this wonderful organization, the Senate, has strong friendships. That is the way we operate. It may not be apparent. We tend to be a little contentious. Partisanship has always been a part of the legislative process since its very inception, but we do have mutual respect for one another in this Chamber across the aisle.
I thank my dear colleague from Connecticut for his very heartfelt remarks, and I assure him I return in full measure the compliments he has bestowed upon me, such as I can bestow the same upon him.
Now, I am not as sure we are on the 50-yard line. I want to drop back a little bit. I think we have caught the punt and we are beginning to move down the field. This is going to be a very long and contentious, as it should be, piece of legislation. But somehow, I have a measure of confidence that the Senate, as a body, will eventually act on a bill for climate change. I am also confident that bill, in its final analysis, will have the basic goals we are outlining today.
I say to my good friend from Oklahoma, the distinguished ranking member of the full committee, yes, we just finished the bill last night, but that is often the way things go around here. I have been absent a few days, but I am hopefully back now for an extended time to get this bill underway in our committee. But we did sort of open our doors for business, as the commercial world says, in August. That brought forth a very important forthcoming from the widest possible diversity of sources in the private sector, and not only the business world but the educational world, the philanthropic world, and on it goes. They came to accept our offer to work with us to try and fashion this bill. So together with our colleagues and others, we have put this together and we are launching it today.
I want to make certain that time is given to my other colleagues, so I will give my remarks later, but I stress the work that has been done by so many of our colleagues prior to this bill being introduced today: the McCain-Lieberman bill, which my colleague from Connecticut has mentioned; the Bingaman-Specter bill. Senator Lieberman and I have made a point of personally going to the offices and visiting with each of the principal cosponsors, I believe, of all of these various bills and indicating to them our desire to take a portion of their work product and weave it into this, the bill that is before the Senate as of today: The Alexander powerplant bill, and Senator Alexander will soon be addressing the Senate on that; the Landrieu-Graham-Lincoln-Warner cost containment bill; the Kerry carbon capture and storage bill; the Coleman CO2 pipeline bill; and the Klobuchar-Snowe registry bill.
We readily acknowledge the ground that has been broken, the important gains thus far of so many of our colleagues. But with due respect to the
administration, the basic difference between the administration's approach and our approach is we feel that voluntarism will not achieve the goals, the leadership that America must simply take on this issue to join the other nations of the world that have taken up leadership. The only way we feel to do this is by law.
Essentially, we are asking the infrastructure in America--the industrial infrastructure, the transportation infrastructure, the power infrastructure--to consider very significant investments, calling upon the investment community in America to bring forward the private sector resources and begin to make those commitments now so we can attain the goals in the future. And, quite frankly, we have recognized from the beginning there will be a burden on the American taxpayers.
There will be a burden, in fact, on almost every single American, and it will be financial in some respects. We do not anticipate exactly how much it will be, but every time you fill up your car with gasoline, some portion of that will go toward America's role to lead in global climate change. The power industry, the transportation industry, they will all have to make their respective contributions.
So I join my good friend from Connecticut in acknowledging the work that has been done by our respective staffs, the staff of our chairman and others, but this is like a great ship that has been launched today. And as we say in the Navy, you launch them and then you finish outfitting them. Now it is up to our colleagues to come forward with their ideas. We approach it with an open mind. This body will eventually shape the bill.
We will move it into subcommittee next week, do our markup, hopefully report that out successfully, move on to full committee, and in this calendar year finish a product by the Environment and Public Works Committee such that next year our respective leaders can determine when is the appropriate time for this measure to be brought to the floor.
Mr. President, I ask unanimous consent that the balance of the time be equally divided between Senators Coleman, Collins, and Alexander, in that order, and that they be given the opportunity, even though they are not at this point in time sponsors, to address the body. So that I believe the hour for this debate will continue from now until the hour of 11 a.m.
I so make that unanimous consent request.
We did that in consultation with our respective leaders. I ask the time equally be divided between these two Senators.
I yield the floor to Senator Coleman.
Mr. President, I wish to thank my colleagues, Senators Coleman, Collins, and Alexander. Each of you made a contribution.
I thank the leadership of the Senate who made available this very important hour for our bill to be laid down. Now the work begins.