Inhofe Urges Obama to Focus on Gulf Spill, Not Cap-and-Trade
Obama: "Put a price on carbon."
Link to Press Release
Watch: Inhofe Floor Speech
Watch: Fox Interview: Inhofe Warns of Obama Attempt to Use Gulf Disaster to Push Cap and Tax
Washington, D.C. - Sen. James Inhofe (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works, today delivered a Senate floor speech urging President Obama to focus on addressing the largest environmental disaster in U.S. history instead of pursuing his cap-and-trade agenda.
"I want to speak today on where I think the climate change debate is heading after last Thursday's vote on the Murkowski resolution," Senator Inhofe said. "We got a very clear signal in today's Politico, which reported that President Obama, in his Oval Office address tomorrow night, will seek as part of the response to the BP spill to 'put a price on carbon.' Of course, 'putting a price on carbon' is Washington-speak for cap-and-trade. This is remarkable: here we have the most significant environmental disaster in our nation's history, and the President decides now is the time for cap-and-trade, a massive new energy tax, paid for by consumers, working families, farmers, and small businesses; a massive new energy tax that will destroy millions of jobs, in good measure by sending many of them to places like China and India; a massive new energy tax that would make a gallon of gasoline more expensive; and a massive new energy tax that won't do a thing to stop global warming, but will increase the size of government and give more money for politicians to spend.
Just how that will contain the spill, mitigate the environmental damage, and help those immediately affected by it remains a mystery. Put simply, it won't do any of those things. But it will damage the economy and make it harder to deal with this crisis. We have a serious incident on our hands. People died, people's economic livelihoods are at stake, and the environment is being harmed. But instead of Presidential leadership and clear direction, we're getting pure partisan politics."
Inhofe Floor Speech - June 14, 2010
As Prepared for Delivery
I want to speak today on where I think the cap-and-trade debate is heading after last Thursday's vote on the Murkowski resolution. We got a very clear signal in today's Politico, which reported that President Obama, in his Oval Office address tomorrow night, will seek as part of the response to the BP spill to "put a price on carbon."
Of course, "putting a price on carbon" is Washington-speak for cap-and-trade. This is remarkable: here we have the most significant environmental disaster in our nation's history, and the President decides now is the time for cap-and-trade, a massive new energy tax, paid for by consumers, working families, farmers, and small businesses; a massive new energy tax that will destroy millions of jobs, in good measure by sending many of them to places like China and India; a massive new energy tax that would make a gallon of gasoline more expensive; and a massive new energy tax that won't do a thing to stop global warming, but will increase the size of government and give more money for politicians to spend.
Just how that will contain the spill, mitigate the environmental damage, and help those immediately affected by it remains a mystery. Put simply, it won't do any of those things. But it will damage the economy and make it harder to deal with this crisis.
We have a serious incident on our hands. People died, people's economic livelihoods are at stake, and the environment is being harmed. But instead of Presidential leadership and clear direction, we're getting pure partisan politics. One glaring example is President Obama's moratorium on deepwater drilling, something environmental groups have sought for years. This is an exercise in overreach that will do far more harm than good. The Louisiana Department of Economic Development estimates that the President's moratorium would kill 3,000 to 6,000 Louisiana jobs in the next few weeks and over 10,000 Louisiana jobs in the next few months. More than 20,000 jobs are at risk over the next 12 to 18 months.
Instead of Presidential leadership, we're getting empty political rhetoric of the worst kind. A case in point came last week. We heard that the Murkowski resolution is a "Big Oil bailout" that will allow oil companies such as BP to pollute the air. That must be news to the thousands of groups across the country that supported the Murkowski resolution. Here's a list of just a few:
- The American Association of Housing Services for the Aging
- Family Dairies USA
- The Farm Bureau
- The National Federation of Independent Business
- The Brick Industry Association
- The National Association of Manufacturers
- Associated Builders and Contractors
- The American Health Care Association
- The Arkansas Rice Federation
- The North Dakota Chamber of Commerce
- The Ohio Trucking Association
- Governors of 21 states
- The Senate's 95 to 0 Byrd-Hagel vote against the Kyoto Protocol in July 1997;
- The Kyoto Protocol's adoption by the United Nations Framework Convention on Climate Change in December 1997;
- Defeat of McCain-Lieberman in 2003;
- Defeat of McCain-Lieberman in 2005;
- The Supreme Court's 5 to 4 decision in Massachusetts v. EPA in 2007;
- Defeat of Lieberman-Warner in 2008;
