Tell us what the Clean Power Plan was all about. Sure. So the Clean Power Plan was aimed at controlling Greenhouse Gas emissions from the power sector which is the second largest source of Greenhouse Gases currently in the u. S. And it took systemic approach to cutting emissions, so power plants around the country had a range of options they could use. Strategies like increasing efficiency or they could switch which kind of fuel they were using, for example, switching from goal to natural gas or they could also do emissions trading so they could use credits to koubt counteract any coal consumption. So the plan was well under way because it was announced by the president , the epa in august of 2015, and this week the administration, epa, announcing new rule, overriding the Clean Power Plan, the Affordable Clean Energy rule. Tell us about that. What do they propose . Sure. So this is a much more narrow rule than what the Obama Administration proposed. Instead of this broad menu of option
But there is a weight given to cost . Im sorry . There is a weight, there is a consideration gifsh to costs . Whenever we do regulations theres an evaluation of costs and of benefits. Okay. I guess that thats im about out of time anyway. Morgan stole some of my notes and asked some of my questions. So anyway, with that, mr. Chairman, i yield back. At this time the chair recognizes the gentleman from texas, mr. Flores. Thank you, mr. Chairman. Ms. Mccabe, thank you for joining us today. How does the market price risk . If you know something and you know what the cost is of something, it has a price. You know that price. But if you dont know something, then the price is higher because you have risk, right . Um yes, okay. In 2010 the epa, when they proposed going to 60 parts per billion, said that that would cost 90 billion. Cost the economy 90 billion. In 2014, you reduced it to 40 billion. What happened over that fouryear period to make the cost go down . So, i think what youre comparin
For a long period of time focused on arabic and palestinian, visavis, the israeli. Now, at least you have got three, the palestinian, israel confrontation still there. We have the gulf region and the east coast and the west coast. They are opposing each other. The third one is about the traps significance. Started from tunisia, now to many countries. So the missions are changing. And the United States meeps areans are changing. Secondly the mekchanisms, the ways of dealing with the complex situation are changing as well. For instance, the United States used to rely very much on the socalled quartet which excluded china from that. Now, with this Iranian Nuclear issue, we Work Together for p5 plus 1. This also shows china wants to play a role. Although the United States still is the first fiddle and china is the third one. The second one is the europeans but we are learning. We are still in internship to have a digression. You have your American University in beirut for more than 100 yea
Background levels. Even epaso low that admits they have not determined how to reach full compliance. The marginal cost of ratcheting down the existing spread standard goes through the roof that thestimates standard would cost 3. 9 billion dollars to 15 billion annually and the 16 part would be 39 billion annually. Cost of study puts the 65 parts per billion at 140 billion a year, which would make this the agencys most expensive. Egulation ever the study also estimates 1. 4 million fewer jobs and household cost averaging 830 per year. These costs come on top of all of the other rules we have seen manythis administration, of which also impact the energy and manufacturing sectors. Moreover, this rule is yet another chapter in the Administration Efforts to force more extreme client policies on the American People. I would like to just name a few of them. We have done the utility mac, the same and, the cross state the tiertion rule, three, the 111 b, all on top of. His proposed ozone rule i
The presiding officer the senator from rhode island. Mr. Whitehouse mr. President , i ask unanimous consent that any pending quorum call be vitiated. The presiding officer without objection. Mr. Whitehouse thank you, mr. President. Its nice to see the distinguished senator in the chair presiding. Im not sure in my 183 time to wake up speeches ive had yet had the pleasure of speaking while the presiding officer was presiding. I am here to wake up to the corporate capture of congress and this administration, the capture of governance by the fossil fuel industry that keeps us from honestly addressing Climate Change. There is a saying that personnel is policy personnel is policies. Well, well, the trump personnel for positions at the Environmental Protection agency reflect a policy to undo the Public Welfare mission of the agency and align it with the special interests of the fossil fuel industry. There is a word for that. It is called corruption, at least as the Founding Fathers knew the