Inhofe turns the tables on ambush by global warming activists

When you ask that question “what if you’re wrong?” Stop and think about it. What if you are wrong and we pass the largest tax increase in the history of America to do something that is not justified. I remember, and I use this in testimony. In 1993, you weren’t around in 1993… the Clinton/Gore tax increase was the largest tax increase at that point in history. All marginal rates, gasoline, everything went up. That was a total of a $30 billion tax increase. This would be ten times that great. This would be somewhere between $300 and $400 billion tax increase. That admittedly, now listen to this very carefully, according to the director at the EPA would not have any effect on emissions because that would only be in the United States. As jobs went to places like India and China and Mexico and maybe places that they don’t have any emissions requirements and actually increase emissions. So should we do that when we know and you know and everyone out here knows that it would not reduce worldwide emissions? Period. We all know this.