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House Proceeding 05-12-09 on May 12th, 2009 :: 1:30:35 to 1:50:35
Total video length: 3 hours 42 minutes Stream Tools: Stream Overview | Edit Time

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Earl Blumenauer

1:29:35 to 1:30:35( Edit History Discussion )
Speech By: Earl Blumenauer

Earl Blumenauer

1:30:15 to 1:30:35( Edit History Discussion )

Earl Blumenauer: i am looking forward to see the committee and working with my colleagues on ways and means to make sure that there are strong border protection provisions to make sure that this is neutral. it's not anti-trade, it's not pro-trade. it is simply preserving the integrity of the carbon

Jay Inslee

1:30:36 to 1:30:56( Edit History Discussion )

Jay Inslee: llution regulation. i'm quite confident that these tools can be employed to accomplish precisely that. mr. inslee: i think, too, when we think about this clean energy future, it has to be in relationship to what other countries are doing as well. and we believe when we pass this bill next year it's going be to be because we believe we are not going to see these markets to

Jay Inslee

1:30:40 to 1:33:00( Edit History Discussion )
Speech By: Jay Inslee

Jay Inslee

1:30:57 to 1:31:18( Edit History Discussion )

Jay Inslee: countries who could steal these markets from us. we are in a race right now to see who is going to be dominant king electric cars and batteries. and china has an interest in doing that and they are making enormous investments to do that. we are in a race today to decide who is going to dominate the solar power industry, and china

Jay Inslee

1:31:19 to 1:31:39( Edit History Discussion )

Jay Inslee: is making enormous investments in their -- i met a fellow from i believe it was indiana who had a solar cell manufacturing plant. he had a guy walk in from china and plunk down a check for $300 million and tried to get him to move his plant to china lock, stock, and barrel. and the fellow said i'm a red, white, wlue americ -- blue american and i'm not leaving.

Jay Inslee

1:31:40 to 1:32:01( Edit History Discussion )

Jay Inslee: that's what we are up against. that's one of the reasons we intend to take an aggressive position here with research and development dollars, with limits on co-2 that will spur investment and kick start the businesses here that we need to so that we can regain these markets. we invented solar energy in this country.

Jay Inslee

1:32:02 to 1:32:22( Edit History Discussion )

Jay Inslee: the germans commercialized it because they saw this a little before we did. we need to get in that game today and see to it that the infina companies and nanosolears doing photovoltaics and bright source -- i just want to mention this one form of solar energy people may not have heard about.

Jay Inslee

1:32:23 to 1:32:44( Edit History Discussion )

Jay Inslee: the bright source company, a company doing concentrated solar power. what they do is they use mirrors in various fashions to concentrate radiant energy, heat up a liquid, make steam, and then create electricity from it. with zero pollution associated with it. bright source has now signed contracts for thousands of

Jay Inslee

1:32:45 to 1:33:00( Edit History Discussion )

Jay Inslee: megawatts of crystal pure solar energy in various places in the united states. it would sprise you. it's not just nevada. they have places in the southeast where they can do this as well. and it is this type of technological breakthrough that if we put our minds to it and

Earl Blumenauer

1:33:01 to 1:33:23( Edit History Discussion )

Earl Blumenauer: pass this bill we are going to jump-start jobs in this mr.lumenauer: i appreciate the context that you've provided and your unrelenting interest in understanding and acknowledging and advancing american technology.

Earl Blumenauer

1:33:05 to 1:35:20( Edit History Discussion )
Speech By: Earl Blumenauer

Earl Blumenauer

1:33:24 to 1:33:44( Edit History Discussion )

Earl Blumenauer: but mentioned having fallen behind the germa for example in technologies that we developed in terms of the commercial application. china is spending six times more than we spend on

Earl Blumenauer

1:33:45 to 1:34:05( Edit History Discussion )

Earl Blumenauer: $12.5 million every hour of chinese expenditure. we can't afford to be complacent about this. we need a sense of urgency. while we are pleased happened in the pacific northwest, you referenced the large wind farm in southeastern

Earl Blumenauer

1:34:06 to 1:34:26( Edit History Discussion )

Earl Blumenauer: washington, portland, oregon, is competing with denver and houston to be the wind energy capital. a couple of international companies have located their american headquarters there. and these are many that we helped initiate. but we are falling behind.

Earl Blumenauer

1:34:27 to 1:34:49( Edit History Discussion )

Earl Blumenauer: we rank below spain, denmark, and portugal in the use of wind power. we watched what happened where little denmark, with the size of the state of washington, set its sight on being a wind energy leader, being the wind energy leader 30 years ago and have

Earl Blumenauer

1:34:50 to 1:35:10( Edit History Discussion )

Earl Blumenauer: accomplished amazing feats both in terms of their own energy production and the dominance of world wind energy activity that one of those leading companies i mentioned that has its american headquarters in portland is vestus, a danish company. we watch what companies --

Earl Blumenauer

1:35:11 to 1:35:21( Edit History Discussion )

Earl Blumenauer: countries we think are less developed than the united states, like the chinese, or small countries like denmark, really making significant

Jay Inslee

1:35:22 to 1:35:43( Edit History Discussion )

Jay Inslee: advancement and putng the pressure on us to step up and do what we know we can do. mr. inslee: the gentleman has mentioned wind. some people think of wind as a toy you get under a christmas tree or something. inact, wind energy, according to the department of energy, this was under the previous president's department of energy, concluded we can have 20% of all of our electricity

Jay Inslee

1:35:25 to 1:36:40( Edit History Discussion )
Speech By: Jay Inslee

Jay Inslee

1:35:44 to 1:36:04( Edit History Discussion )

Jay Inslee: generated by wind in the next couple of decades just using existing technology. now, we believe there is going to be some advances in technology. we think there's a good shot at having good storage. one of the issues of wind is the wind doesn't blow all the time. it's an intermittant source. so there's two ways to get around that problem.

Jay Inslee

1:36:05 to 1:36:25( Edit History Discussion )

Jay Inslee: one, have multiple wind sites that are tied together in advance transmission grid. so if the wind's not blowing in one place it will be blowing in another. or to have a storage system. i have talked to these countries now -- companies now that are developing batteries that are as large as a semitrailer trailer.

Jay Inslee

1:36:26 to 1:36:40( Edit History Discussion )

Jay Inslee: these now h actuly being grid connected to store wind and solar when we have excess power generation. we think there is a reasonable chance to get to 20%, which is very significant, just on one technology alone.

Earl Blumenauer

1:36:41 to 1:37:01( Edit History Discussion )

Earl Blumenauer: then we have so many other options. of course including efficiency which can be done everywhere da or night. mr. blumenauer: than -- and even problems of intermittiancy dealing with wind energy, if it's coupled with other areas of innovation, like plug-in

Earl Blumenauer

1:36:45 to 1:44:00( Edit History Discussion )
Speech By: Earl Blumenauer

Earl Blumenauer

1:37:02 to 1:37:23( Edit History Discussion )

Earl Blumenauer: hybrids, and using storage capacity in vehicles to be able to help balance some of the load, we have tremendous opportunities to have these work together. i must say we are both from the pacific northwest. the issue of wind integration and how we are going to do that is something that is looming large on my agenda. i know you are concerned.

Earl Blumenauer

1:37:24 to 1:37:45( Edit History Discussion )

Earl Blumenauer: we have our regional power marketing authority, the bonneville power administration, which has been a leader in helping facilitate wind energy, but now is looking at really rather dramatic cost increases for wind integration which i'm hopeful we can look at very hard

Earl Blumenauer

1:37:46 to 1:38:06( Edit History Discussion )

Earl Blumenauer: and help them find ways to not provide disincentives for wind energy production right at the point where all of the incentives tha we have put in place are starting to kick it would be unfortunate if somehow they are priced out of the market at just the time we want to engage them. mr. inslee: we appreciate the gentleman's leadership on

Earl Blumenauer

1:38:07 to 1:38:30( Edit History Discussion )

Earl Blumenauer: i must excuse myself. i want to thank mr. blumenauer for being such a stalwart champion of these causes. we know there's going to be enthusiasts of jobs created in this clean energy revolution and i hope a lot will be in oregon which is a great state. thank you. mr. blumenauer: thank you, congressman inslee, for joining us. and nor your leadership and comments.

Earl Blumenauer

1:38:33 to 1:38:55( Edit History Discussion )

Earl Blumenauer: . mr. speaker, i hope that this chamber will be able to reject the arguments of people who are looking at the smallest possible elements of the puzzle. people who are seeking to politicize it for short-term

Earl Blumenauer

1:38:56 to 1:39:18( Edit History Discussion )

Earl Blumenauer: electoral gain at the expense of the long-term interests of our children. i frankly have been earrassed by some of the argumentation that we have heard, the misrepresentation of just basic factual information. one of the things that we are hearing from, sadly, from

Earl Blumenauer

1:39:19 to 1:39:40( Edit History Discussion )

Earl Blumenauer: republican leadership, is consistent misrepresentation, for instance, of the m.i.t. study that you'll hear referred to. the st. petersburg times had an editorial of late saying the g.o.p. is full of hot air about obama's light switch tax.

Earl Blumenauer

1:39:41 to 1:40:01( Edit History Discussion )

Earl Blumenauer: if the republicans had simply, and i'm quoting here, misstated the results of the m.i.t. study, the truth-o-meter would have been content giving this one fault. but for them to keep repeating the claim after the author of the study told them it was wrong

Earl Blumenauer

1:40:02 to 1:40:24( Edit History Discussion )

Earl Blumenauer: means we have to set the meter ablaze. pants on fire was their evaluation. in the "wall street journal," and i quote, for starters, the figure cited by the republican house leadership is almost 10 times higher than the cost estimate provided in the study by professor riley of m.i.t.

Earl Blumenauer

1:40:25 to 1:40:45( Edit History Discussion )

Earl Blumenauer: the "boston globe," on one particular issue, the assertion that it would mean a light tax switch, it's just wrong, said professor riley, wrong in so many ways it's hard to begin. i would hope, particularly when

Earl Blumenauer

1:40:46 to 1:41:06( Edit History Discussion )

Earl Blumenauer: provisions of the legislation put in place, for people to make wild misrepresentations about costs and consequences does a disservice to what is one of the most important debates of our generation. being able to protect the

Earl Blumenauer

1:41:07 to 1:41:27( Edit History Discussion )

Earl Blumenauer: planet, to restore our economy, to regain our position of technological leadership and be able to put us on a path of sustain blet environmentally and economically for the -- sustainability environmentally and economically for the future, the stakes are too high to have

Earl Blumenauer

1:41:28 to 1:41:49( Edit History Discussion )

Earl Blumenauer: misrepresentation, to have an inability for people to engage in reasonable discussion. i know the republican leader has sa be legislators, they should be communicators, they should be talkers instead of doers. i hope, i fervently hope that many of our colleagu on the

Earl Blumenauer

1:41:50 to 1:42:11( Edit History Discussion )

Earl Blumenauer: other side of the aisle will reject the leadership's marching orders to politicize, to talk, and to not engage and instead to deal with the facts, instead, deal with opportunities to restore our economy, to create millions of clean energy jobs,

Earl Blumenauer

1:42:12 to 1:42:32( Edit History Discussion )

Earl Blumenauer: some in whole new industry that we take important steps to reduce the tragic dependence on imported oil. even if we weren't concerned about the pollution, even if we weren't concerned about global warming and the damage that --

Earl Blumenauer

1:42:33 to 1:42:55( Edit History Discussion )

Earl Blumenauer: that is attendant thereto. just in terms of strategic interests of the united states, we should stop wasting more oil than anyone in the world. we should stop using more oil per capita for transportation than anybody in the world. we should reduce our strategic

Earl Blumenauer

1:42:56 to 1:43:17( Edit History Discussion )

Earl Blumenauer: vulnerability to actions of people who don't like us very much in unstable or hostile parts of the world and of course the damage that is done to our economy by shipping over $1 billion a day overseas. i'm hopeful that we will be able

Earl Blumenauer

1:43:18 to 1:43:40( Edit History Discussion )

Earl Blumenauer: to reduce the carbon pollution that causes global warming, that will enable us to be good stewards of the land now because the effects of global warming is going o-- is going to cost a lot more than the consequences of reducing it. as we've discussed this evening, this is in fact an opportunity for us to put our economy back

Earl Blumenauer

1:43:41 to 1:44:01( Edit History Discussion )

Earl Blumenauer: on track, create millions of jobs, strengthen our strategic position, while we make a contribution to the future of humankind. mr. speaker, i appreciate the opportunity to spend some time this evening dealing with this issue. i look forward to continuing the discussion about the new technologies, about the facts of

Steven C. LaTourette

1:44:02 to 1:44:22( Edit History Discussion )

Steven C. LaTourette: science and economy on the floor as we prepare to move this legislation forward. thank you and i yield back. the speaker pro tempore: the gentleman yields back. under the speaker's announced policy of january 6, 2009, the gentleman from ohio, mr. latourette, is recognized for 60 minutes as the designee of the

Steven C. LaTourette

1:44:05 to 2:40:30( Edit History Discussion )
Speech By: Steven C. LaTourette

Steven C. LaTourette

1:44:23 to 1:44:45( Edit History Discussion )

Steven C. LaTourette: minority leader. mr. latourette: thank you very much, mr. speaker. tonight i return to talk about an old topic and also something that's happened in the last couple of weeks. the speaker may recall that a number of weeks ago there was outrage at both ends of pennsylvania avenu determined that located within

Steven C. LaTourette

1:44:46 to 1:45:06( Edit History Discussion )

Steven C. LaTourette: the 79 -- $792 billion stimulus bill, there was a provision that authorized $173 million in bonuses to executives at the insurance company a.i.g. and at the time, a number of us thought, well, how could that happen? and it seems, just to review,

Steven C. LaTourette

1:45:07 to 1:45:27( Edit History Discussion )

Steven C. LaTourette: mr. speaker, that when the stimulus package was considered on the other side of the capitol in the united states senate, two senators in a rare display of bipartisanship, senator snow of -- a republican of maine, and senator wyden, a democrat of oregon, offered an amendment that would hav

Steven C. LaTourette

1:45:28 to 1:45:48( Edit History Discussion )

Steven C. LaTourette: and indicated that if you were a firm like a.i.g. that's received billions and billions of dollars in bailout money, perhaps there should be restrictions on executive compensation and what people should make. a funny thing happened, however, on the way to the conference committee.

Steven C. LaTourette

1:45:49 to 1:46:09( Edit History Discussion )

Steven C. LaTourette: and the snow-wyden language removed and instead paragraph was inserted. now this paragraph, you read it carefully, mr. speaker, indicates that rather than

Steven C. LaTourette

1:46:10 to 1:46:30( Edit History Discussion )

Steven C. LaTourette: placing restrictions on the bonuses, it specifically authorizes and exempts any bonus at a.i. or anybody else, any other wall street giant that received billions and billions of taxpayer money, any executive compensation scheme entered into before february 11 of this year, which happened to be the date that the stimulus package was

Steven C. LaTourette

1:46:31 to 1:46:51( Edit History Discussion )

Steven C. LaTourette: considere and the bonuses would be pai now, i have indicated a number of times on the floor that i know a lot of people were embarrassed by that. i would suggest that that's what happens when you legislate in a sloppy, rushed, haphazard, nonpartisan fashion. speak -- the speaker will

Steven C. LaTourette

1:46:52 to 1:47:13( Edit History Discussion )

Steven C. LaTourette: recall, the week of the consideration of the stimulus bill, the members of the republican party, the minority party, put forward so of a novel proposition. that was, since we were talking about spending $792 billion in a stimulus bill, it might be a good idea if members had 48 hours to read the bill.

Steven C. LaTourette

1:47:14 to 1:47:36( Edit History Discussion )

Steven C. LaTourette: and further suggested that it should be put on the internet so anybody in america could take a look at this over 1,000 pages of legislation. well, that proposal passed. it came to a vote here in the house. and every member who was present that day, republican or democrat, voted and agreed that that was a good idea, we should

Steven C. LaTourette

1:47:37 to 1:47:57( Edit History Discussion )

Steven C. LaTourette: have 48 hours to read the bill. that was tuesday. on thursday, apparently the majority leadership forgot about the vote on tuesday and the was filed about midnight on thursday. the next morning, and i've apologized to my constituents that i didn't read the 1,000 pages at midnight, it didn't come to my attention at we had

Steven C. LaTourette

1:47:58 to 1:48:18( Edit History Discussion )

Steven C. LaTourette: 1,000-page bill we were going to consider on friday until i arrived at the office that morning. the debate was 90 minutes and members, both republican and democrats, had 90 minutes to digest 1,000 pages and determine whether or not that piece of legislation deserved an up or a down vote. it was a bipartisan vote in that

Steven C. LaTourette

1:48:19 to 1:48:39( Edit History Discussion )

Steven C. LaTourette: every member of the republican caucus, conference, voted against the stimulus bill, together with some democrats. but the overriding majority of the democratic party voted in favor of it and it passed and it went on to be signed by the president of the united states. what is strange is that everyone

Steven C. LaTourette

1:48:40 to 1:49:00( Edit History Discussion )

Steven C. LaTourette: who voted for the stimulus bill, voted for this paragraph that authorized the bonuses to a.i.g. yet, the next day, or days after the bonuses were announced, everybody was coming to the floor with -- beating their est, pulling out their hair, saying, i'm shocked. i can't believe it.

Steven C. LaTourette

1:49:01 to 1:49:22( Edit History Discussion )

Steven C. LaTourette: i don't know how this happened. we want our money back. well, nobody should have been surprised. nobody suld have been shocked. because anyone who supported the stimulus package in the house or senate ved to -- the final conference report, voted to specifically allow a.i.g. and anybody else that had received billions of collars of taxpayer money and bailouts to receive

Steven C. LaTourette

1:49:23 to 1:49:44( Edit History Discussion )

Steven C. LaTourette: those bailout payments. but people were shocked. so they came up with -- i'll call them goofy. they came up with goofy pieces of legislation in an attempt to cover their political rear ends. and so the first one was, let's tax those bonuses at 90%. what a dumb piece of legislation that was, mr. speaker.

Steven C. LaTourette

1:49:45 to 1:50:07( Edit History Discussion )

Steven C. LaTourette: i mean, so, tomorrow we decide we're mad at somebody else, maybe tomorrow we're mad at, you know, the oil companies. let's tax them at 90%. day after that, we're not really happy with the airlines, let's tax them at 90%. to use the tax code to punish a small group of people when the mistake was made when this

Steven C. LaTourette

1:50:08 to 1:50:29( Edit History Discussion )

Steven C. LaTourette: paragraph was inserted in the stimulus package is inappropriate d thankfully, the president of the united states, president obecause marx expressed his opinion that it wasn't a worthy piece of legislation and it's died a natural death over in the united states senate where it exactly should have. the next dumb idea that people

Steven C. LaTourette

1:50:30 to 1:50:50( Edit History Discussion )

Steven C. LaTourette: came up with was, i know, let's not tax these bonuses at 90%. let's have the united states treasury, the government tell people how much money they can make. what a dumb idea that is. now, listen, today it's the a.i.g. guys, tomorrow let's say that we are not so crazy about

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