redistributing another $800 billion of taxpayer money because we think we know what's best for americans. the new manhattan project amendment would set seven goals for energy independence, everyone agrees. doubling vehicle fuel efficiency, cutting home and business energy useage in half, having solar power work as cheaply as coal. making biofuels as cheaply as gasoline, cheaply saving carbon emissions from our coal-fired plant, safely storing nuclear waste and producing electricity from nuclear fusion reactions. it energizes an entire nation to reach those goals through innovation, their ideas and their imagination. but perhaps the most important thing this amendment does is it restores american competitiveness by sending out two signals. first of all, it sends a signal out across this country to the

american people that we trust them and america's coming back on its competitive edge. and secondly, it sends a shot across the bow of every country, telling them we're not go to go surrender, but compete and win on a fair playing field and we're going to restore a competitive advantage that is going to lead us for the next 50 years. and finally, madam speaker, it invigorates a whole generation of americans to go into math and science and be part of our energy solution for years to come. with that, madam speaker, i hope that we will pass this amendment. and i reserve the balance of my time. . the speaker pro tempore: for what purpose does the gentleman from california rise? mr. waxman: i rise in opposition to this proposal. the speaker pro tempore: the gentleman qualifies and is granted 15 minutes. mr. waxman: this amendment -- i yield myself such timed a i might consume. this amendment is just more of the same from the republicans.

after eight years of failed energy policies, the republican answer to our energy problems is to do more research and provide people with prizes for good ideas. well during the last eight years the average american family has seen its energy costs increase by nearly $2,00 a year. those are increases -- $2,800 a year. those are increases in electricity bills. american families cannot afford the same failed policies. now, i like the idea of having good innovative approaches to our challenges. i don't mind giving people awards if they come up with good ideas. but i think good ideas come up with market incentives and competition and rewarding people for good ideas with something more than a good ribbon to pin on their chest. this amendment strikes the whole

bill. and substitutes this idea of giving prizes. could you imagine giving prizes? why didn't you give out prizes in the last eight years? maybe our energy problems wouldabout -- would have been solved. but the bill before us, the american clean energy and security act, is a comprehensive energy policy. it will create new clean energy jobs, increase our energy independence and dramatically cut pollution. we're talking about 1.7 million new jobs. this bill will save $2 -- 240 million barrels of oil each year. that's oil we don't have to import from the middle east. and this bill is going to help consumers because the energy efficiency provisions alone will save consumers $750 per year by 2020. this bill before us makes a landmark investment in the future of the country by

providing $190 billion through 2025 to increase our efficiency and deploy cutting edge energy technologies. we provide for renewable energy, coal with carbon capture and storm, nuclear power and advanced technologies, electric vehicles, smart grid transmission, energy efficiency, i could go on. this substitute amends a grant program and a competition with prizes for good ideas. there's no comparison between the two. the bill before us is a real solution to our very real energy challenges. the republican amendment simply fails to rise to the challenge. i urge its dee feet and reserve the balance of my time -- defeat and reserve the balance of my time. the chair: the gentleman from california reserves his time. the gentleman from virginia.

>> that's why these similar concepts were endorsed in the campaign by president obama, snore mccain, senator clinton and also individuals like newt gingrich. i'd like to yield to the gentleman from illinois. the speaker pro tempore: the gentleman from illinois is recognized for one minute. >> thank you, madam speaker. i woke up this morning to the front page of my hometown pamer which read, peoria's unemployment rate crosses double-digits for first time in two decades. at a time when our communities across this country are losing work and out of jobs, we in this body are passing the piece of legislation that will only do more, only put more people out on the street and in the unemployment lines. this bill on the average will add to illinois residents the cost equal to one month of their electricity bill. in essence, we're adding a 13th month to their utility bill.

doesn't matter whether my constituents are senior citizens living on a fixed yk, families, businesses -- income, families, businesses, we're asking them to pay more at a time when they have less. now there's not a person in this room that doesn't want more of the same, more green energy, more wind, more nuclear, more solar power, but i for one believe we can get there without putting the conventional methods of energy out of business. the forbes amendment will do just that. it is creative ideas incentivizing the behaviors that we want as opposed to what we don't that we need. i urge a yes vote on this amendment and no on the cap and tax bill. the speaker pro tempore: the gentleman's time has expired. the gentleman from california. mr. waxman: madam speaker, i want to yield one minute to my co-sponsor of the legislation that's before us, my name came first, his second because i'm older and i'm the chairman of the full committee, chairman of the subcommittee, but the real author of legislation who has

worked on this problem for many, many years is ed markey and i want to yield one minute to him. the speaker pro tempore: the gentleman is recognized for one minute. mr. markey: thank you, mr. chairman. with our bill we will take back america's position as the technological leader. give back money to consumers by lowering energy bills, send back the millions of barrels of boils -- oil we import and we will export wind turbines and solar panels that say made in america instead of continuing to import millions of barrels of oil a day that say, made by opec. this bill has the ambition of the moon landing, the moral imperative of the civil rights act and the scope of the clean air act all wrapped up in one. all we're hearing here this evening are the same discredited policies from the past that have got us into this economic national security and environmental situation that we

live with today. vote no on this substitute and vote aye for the bill that we're considering. the gentleman from california has done an excellent job in bringing us to this point. vote no on this substitute. the speaker pro tempore: the gentleman's time has expired. the gentleman from virginia. mr. forbes: madam speaker, i'd like to yield one minute to the gentleman from south carolina, mr. inglis. the speaker pro tempore: the gentleman from south carolina is recognized for one minute. mr. inglis: i thank the gentleman for yielding. this is not the time for a tax increase. it's not the time for another wall street trading scheme and it's not the time to burden american manufacturing. it is the time to inspire innovation through amendments like mr. forbes' and to come together to find a solution that breaks our addiction to oil, that creates new energy jobs and that cleans up the air. we can get there if we stop this cap and trade, do some fresh thinking and then come together for america's sake around a

revenue-neutral tax swab. it would start with a tax cut on fica taxes, then an equal amount, we would shift the tax onto carbon. we could then apply that tax to imported as well as domestically produced goods, just like the fair tax. we'd just be changing what we tax. we'd be swapping a fica tax cut for a similar tax on carbon. the accountability of a revenue neutral tax swap would cause old fuels to lose out to new fuels. we'd be building nuclear power plants and free enterprise would deliver the triple play of this american century. ladies and gentlemen, let's stop -- let's support the forbes amendment for innovation, stop this cap and trade and solve the problem. the speaker pro tempore: the gentleman's time has expired. the gentleman from california. mr. waxman: madam speaker, i'd like to inquire of the gentleman from virginia, mr. forbes, who

is controlling the time, how many speakers do you have? we have two on our side. mr. forbes: madam speaker, i would say to the gentleman, we have three, maybe four more speakers. the speaker pro tempore: the gentleman from california. mr. waxman: we'll reserve the balance of my time. the speaker pro tempore: reserves his time. the gentleman from virginia. mr. forbes: you can tell us how much time we have remaining? the speaker pro tempore: the gentleman from virginia has nine minutes remaining. mr. forbes: then, -- the speaker pro tempore: the gentleman from california has 11 minutes remaining. nine and 11. mr. forbes: i'd like to yield one minute to the distinguished gentleman from virginia, mr. goodlatte. the speaker pro tempore: the gentleman from virginia is recognized for one minute. mr. goodlatte: i thank the gentleman for yielding and commend him for offering this amendment which is great opportunity for our colleagues on the other side of the aisle to stop putting the cart before the horse and suppressing our traditional sources of energy, oil, natural gas, coal, doesn't even do anything for nuclear power and yet you want to push us into a direction where the

technology doesn't yet exist. this legislation, this amendment, this substitute is exactly what you can need. you can vote for this, put us on a manhattan project to develop the new green tech nothing that -- technology that we need in this country, to do it in a way that is commercially feasible, to do it in a way that can rise up to replacing the 95% of our sources of energy we have in this country today that you push down in this legislation. and if you were to vote for that and against the underlying bill, we would be putting this country on a course in a bipartisan fashion that would lead our country to exactly what we need. unlike the markey-waxman approach, this doesn't pick winners or losers in technology but allows the ingenuity of american citizens to create the technology that will make our country energy independent. i urge my colleagues to support the gentleman's amendment. the speaker pro tempore: the gentleman's time has expired. the gentleman from virginia.

mr. forbes: i'd like to yield one minute to the gentlelady from minnesota, mrs. bachmann. the speaker pro tempore: the gentlewoman from minnesota is recognized for one minute. backs back thank you, madam speaker, and i thank the gentleman from virginia. i support the gentleman's amendment. we know, madam speaker, that this natural energy tax will cost the american people $2 trillion. we know that. we know he this was -- this will result in a loss of 2.5 million jobs every year for the american people. we know that. we know this will result in a reduced standard of living for americans. we know that. what is the point and what's the benefit? but what is worse than this is the fact that now because of this underlying bill the federal government will virtually have control over every aspect of lives for the american people. it is time to stand up and say, we get to choose. we choose liberty or we choose tyranny. it's one of the two. the underlying bill represents

the tyranny and the intervention of the federal government. mr. forbes' amendment represents liberty for the american people. it's our choice. what will we choose today? will we choose liberty or will we choose tyranny? i choose mr. forbes' amendment. i yield back. the speaker pro tempore: the gentlewoman's time has expired. the gentleman from virginia. mr. forbes: madam speaker, i'd like to yield one minute to the gentleman from texas, mr. the ranking member of the energy and -- the ranking member of the energy and commerce committee. >> thank you, madam speaker. i rise in strong support of the forbes' amendment. this is not -- of the forbes amendment. the majority party which controls the rules committee ruled out of order and didn't make it in order on the floor either the republican leadership comprehensive substitute or the energy and commerce committee comprehensive substitute. so they did rule in order mr. forbes' substitute and i will guarantee you, this is better than the base bill. it doesn't wreck the economy.

it does include and account on the ingenuity of the american people through an incentives package to unleash the productivity and the innovativeness of our folks in the united states to find new solutions to our energy and environmental problems. but it doesn't have this boondoggle cap and trade program that will wreck the economy, deindustrialize america and make us a second rate economic power. it is not a comprehensive substitute but it is darn better than the base bill. vote for it. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from virginia. mr. forbes: madam speaker, you can tell me how much additional time we have? the speaker pro tempore: the gentleman from virginia has six minutes remaining. the gentleman from california has 11 minutes remaining. mr. forbes: i didn't hear how many minutes i had. the speaker pro tempore: six. mr. forbes: six minutes. i'd like to allow my sieve five minutes, please. the speaker pro tempore: -- myself five minutes, please. the speaker pro tempore: the

gentleman is recognized five minutes. mr. forbes: madam speaker, week of heard a lot today about how these ideas of a new manhattan project were stale ideas of this party. i stated from the beginning that unfortunately we get so tied up in this chamber, in our process, that all we're concerned about who how many points we take from each other. the reality is that a project like this, the new manhattan project, or you can call it an apollo project, were concepts that were talked about by president obama during the campaign, by senator clinton during the campaign, by senator mccain during the campaign and as i mentioned earlier, by former speaker newt gingrich and many other people. they're concepts that have been approved by 77% of the american people and what they do is substitute for taxation of the american people the concept of innovation and trusting the ideas and the ingenuity and the imagination of people across

america. and we talked about what this bill can do, if we reach just one of these goals, just one of these goals it could change and save us as much as $100 billion. but most of all, madam speaker, this trusts the american people to do what they always do and that is find a way to win if we don't quit before they have a chance -- win if we don't quit before they have a chance to win and it sends them a message on a time when they need some winds, that we trust that they, with their imagination and their innovation, can do things that this body can't do and that can't dictate to them. perhaps it was best said by mr. friedman in a "new york times" article he wrote, i don't agree with everything he says, but i agree with this. he said, i want an energy bubble. i want people throwing crazy dollars at every idea that we have 100,000 people trying

100,000 ideas. i want it to be like the i.t. revolution. everyone becoming a programmer. only in this case, it's everyone becoming a green innovater. what i.t. was to the 1980's and 1990's, e.t., ecological technology, will be today. this will give us the opportunity to move forward into the next several decades and give our children and grandchildren the competitive edge to compete in a world economy. with that, madam chairman, i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from california. mr. waxman: i'm pleased to yield to the majority leader one minute so that he may speak on this amendment and the legislation that's before us. the speaker pro tempore: the

gentleman from maryland is recognized for one minute. mr. hoyer: i thank the gentleman for yielding. mark this day, june 26, 2009, my colleagues we have an opportunity to serve in a historic session of the congress of the united states. we have an opportunity to take action that will make a major difference in the security and independence and environment of our globe as well as our country. we have been given the privilege by our fellow citizens to serve in a time of historic change and meeting challenges that were the subject of this past presidential campaign. in this past presidential campaign, there were three major candidates. you could perhaps name more. but there were two certainly at the end. and the campaign of senator mccain and senator obama had

something in common. they were both for comprehensive cap and trade legislation. the candidate you supported and the candidate i supported. they put an agenda of action before the american people that they would pursue if they were elected president of the united states. only one could be elected. but presumably both would have followed through on their commitment, and this president has and we are today. this is a transformative moment. this is a moment to build a clean energy future for our country. this is a moment to create jobs in america. this is a moment to take on at long last a defining challenge of our time, global warming. i know my colleagues can seize

this moment. if they only will. the substitute talks about a manhattan project. i think the sentiments expressed in the substitutes are good ones. the objectives are good ones. but america voted for action. not additional studies. america voted to make a difference, not to make a point. america voted for the change we could believe in. that's what this bill represents. i know they can look back from a future in which america is independent of foreign oil. there has been much talk about taxes. tragically, almost every day debate we have on this floor deinvolves into, we're going to raise your taxes. my fellow americans know about having their expenses raised.

because the foreign potentates who hold us hostage because they provide so much of our energy gave us a new tax at the gas pump and every american remembers it. why? because we have not taken the action necessary to become energy independent. so our gasoline prices at the pump for my commuters who drive sometimes an hour or an hour and a half to get to work to support their families paid an additional $2.50 per gallon tax imposed by those from abroad. who provide us energy. this bill is about making sure that foreign interests cannot raise the expenses of our families. this bill is about making sure

that we in america provide our energy. efficient energy. clean energy. energy that will not bring our globe to a heating process that will drown out what the navy calls the literals. the seashores. where most of our people live. my colleagues, this bill, the american clean energy and security act, is a true turning point. this is one of the historic actions we will take not just in this congress, but as members of congress for however long a tenure we may have. it's a complex bill. because we face a complex problem. but we can sum up its outcome

simply. new american jobs. less dependence on foreign energy. a reduction in the carbon pollution that causes global warming. how does this bill accomplish those goals? among its most important provisions are a requirement that utilities meet 20% of electric demand through renewable sources and energy efficiency by 2020. i'm old enough to remember the lines of the 1970's. when you waited in line an hour or two or three to put gasoline in your car so you could get your child to school. get to work. pick up your child from child care. and america should have acted. but we did not. today, we're going to act. significant new investments in renewables. carbon capture and squest ration. electric vehicles and cutting

edge energy research. all of that is in this bill to take action. change that america can believe in. and energy saving standards for buildings, appliances, energy. this bill creates a clean energy bank to fund clean energy projects across america. investment in america's ingenuity and innovative entrepreneurial spirit. that's what this bill is about. that is why it's so important to america. and it invests in high-tech transmission lines to build the essential foundation for a more efficient grid that is essential if the energy we produced can be delivered to those who need it in businesses and in homes. new transmission lines comprised of superconducting cable and other efficient wires will carry more power within existing rights of way with

less land use, the result will be a more secure, environmentally friendly grid. that's what this bill does. i work with the chairman and representative inslee to ensure that those transmissions provisions were included because they're such an important part of a more cost effective, energy efficient future that our country needs. of course the bill also includes the reduction of our carbon emissions by 17% by 2020. some would like to do more. some would like to do less. but we have reached a compromise. that is the legislative process. it is a compromise that can pass this house and pass that senate, be signed by the president and become law and make progress. that's what our responsibility is. then more than 80% reduction by 2050. we can fight global warming with the same kind of market-based cap and trade solution that was so effective in combating acid rain at

minimal cost in the 1990's. global warming threatens every one of us. there was disagreement on that for a long period of time. some seven years in the bush administration, until the last year, president bush, our president, decided that yes, global warming was in fact a challenge that must be met. this is not a partisan issue. it is an issue on which we have reached consensus. global warming threatens every one of us. it will affect the kind of live ours children will lead and the kind of prosperity our country and world will enjoy. to those who complain about the cost of the bill, i answer we are all paying the cost of carbon emissions already. and certainly as i pointed out earlier, paying the cost of being hostage to those abroad who provide our energy. the longer we wait to act, the more we will pay year after year after year.

if we take action now we can get jobs, growth, clean energy, and energy independence for less than the price of a postage stamp a day. for each of us. according to the e.p.a. and c.b.o. with this bill passed and signed, the united states will finally be able to argue, persuasively and credibly, for global action on a challenge that knows no borders. we understand that if the chinese do not act or the indians don't act, the air that they belch will soon come to this continent and our children and families will be at risk. this is a global problem, but america is the leader. america must lead. america must set the example. this bill does exactly that. at the same time, action on global warming will send a powerful job-creating price

signal to the private sector, spurring innovation in every part of the renewable energy economy. jobs, jobs, jobs. that is one of the reasons why the u.s. climate action partnership a business coalition, dedicated to fighting climate change has argued that, and i quote, the way we produce and use emergency -- energy must fundamentally change both nationally and globally and this coming change represents an excellent opportunity for economic growth. that is why another coalition of 19 businesses, including the pacific gas and electric company, duke energy, national grid, h.p., starbucks, and nike wrote to president obama that this bill, and i quote, will drive investment into cost-saving, energy-saving technologies. and job creating innovation. create the next wave of jobs in the new energy economy. and will provide the

predictability we need to plan for future business success. those aren't my words. those are the words of leaders in the corporate community in america who know something about innovation, enterprise and free markets. it's long been the -- it's long been understood that acting on global warming is a moral necessity as well as an intellectual necessity. but now more and more of us are realizing that it makes powerful economic sense as well. madam speaker, let me as an aside thank you for your presiding at this time on this historic bill and for presiding over so much legislation in such a fair and effective fashion. this house will miss your service, but the country will enjoy your continuing service. i thank you, madam speaker.