Senator Inhofe (R, OK) has posted his opening statement from Wednesday morning's hearings before the Senate Environment and Public Works Committee on the Kerry-Boxer climate change bill. It begins with "Based on all the evidence we've seen, in this and other committees in the Senate, I can say with confidence that Kerry-Boxer will destroy jobs, weaken our national security, and raise electricity prices for consumers" and continues in that vein. (You can read the complete statement here.)
It is becoming very clear that we are seeing a shift in our economy, from one based on non-renewable fossil fuels and some nuclear energy, to a more diversified method of providing for our energy needs through renewable energy, advanced batteries, demand response, and energy efficiency, as well as fossil fuels and nuclear energy. There will be winners and losers as investment, jobs and political capital shift from one set of industries to another. The folks on Senator Inhofe's team are the losers in this scenario, and he's not happy about it.
But Inhofe's sour grapes should not distract from a more important set of signals that will foretell the direction of this bill--the opinions of moderate Democrats from fossil-fuel-dependent states. On the Environment and Public Works Committee these include Senator Baucus (D, WY), whose state produces 40% of the coal used in the U.S. every year, and Senator Specter (D, PA), whose state is home to massive bituminous coal fields.
As reported here, Senator Baucus expressed "serious reservations" about achieving the 20% GHG emissions reduction target in the Kerry-Boxer bill, stating that "We cannot afford the unmitigated impacts of climate change but we also cannot afford the unmitigated effects of legislation.” He lines up with Republicans on the committee in asking that the bill include a preemption clause to prevent the EPA from using the Clean Air Act to regulate GHGs. And not only does he have a vote on EPW, but also, as Chairman of the Senate Finance Committee, he will have a crack at rewriting major provisions of the bill before it gets to the Senate floor.
Senator Specter, who only just defected from the Republican party, could be the critical 60th vote to overcome a potential Republican filibuster. In his opening statement on Tuesday, he staked out his position as follows: "My state, Pennsylvania, is a microcosm. It has been built upon coal and steel, and it is critical that any legislation take into account those factors. My state has a great deal of natural gas with the new Marcellus Shale opening clean fuel for the future. . . . A week ago today I held a hearing in Pittsburgh on the potential of green jobs, but at the same time I’m concerned as to what would happen in southwestern Pennsylvania in the coal mines." And he made it clear during questioning on Tuesday that he also wants to see a clause in the bill preventing EPA from using the CAA to regulate GHGs.
So while Inhofe may be making the most noise, just as with Waxman-Markey in the House, it will be the moderate Democrats who ultimately move this bill the most in the Senate.
As reported here, Senator Baucus expressed "serious reservations" about achieving the 20% GHG emissions reduction target in the Kerry-Boxer bill, stating that "We cannot afford the unmitigated impacts of climate change but we also cannot afford the unmitigated effects of legislation.” He lines up with Republicans on the committee in asking that the bill include a preemption clause to prevent the EPA from using the Clean Air Act to regulate GHGs. And not only does he have a vote on EPW, but also, as Chairman of the Senate Finance Committee, he will have a crack at rewriting major provisions of the bill before it gets to the Senate floor.
Senator Specter, who only just defected from the Republican party, could be the critical 60th vote to overcome a potential Republican filibuster. In his opening statement on Tuesday, he staked out his position as follows: "My state, Pennsylvania, is a microcosm. It has been built upon coal and steel, and it is critical that any legislation take into account those factors. My state has a great deal of natural gas with the new Marcellus Shale opening clean fuel for the future. . . . A week ago today I held a hearing in Pittsburgh on the potential of green jobs, but at the same time I’m concerned as to what would happen in southwestern Pennsylvania in the coal mines." And he made it clear during questioning on Tuesday that he also wants to see a clause in the bill preventing EPA from using the CAA to regulate GHGs.
So while Inhofe may be making the most noise, just as with Waxman-Markey in the House, it will be the moderate Democrats who ultimately move this bill the most in the Senate.
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