Metavid

Video archive of the US Congress

Senate Proceeding on Jun 12th, 2008 :: 4:00:35 to 4:06:31
Total video length: 9 hours 29 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Download OptionsEmbed Video

Views:240 Duration: 0:05:56 Discussion

Previous speech: Next speech:

4:00:22 to 4:00:35( Edit History Discussion )

right now. the good news is we have the re resources to take the energy prices head-on. if we were to make that commitment, if we were to stand up and say, we're not being held hostage anymore --

Saxby Chambliss

4:00:35 to 4:00:46( Edit History Discussion )

Saxby Chambliss: july 4 is just around the corner -- if we would do that, i think it would have a dramatic impact on prices prices. it is simple. renewables, increase production, redouble ing of our clean-energy

Saxby Chambliss

4:00:35 to 4:06:31( Edit History Discussion )
Speech By: Saxby Chambliss

Saxby Chambliss

4:00:46 to 4:01:01( Edit History Discussion )

Saxby Chambliss: technologies. to make it happen we would not only have to transform how we do energy in this country, we would have to transform how we do business in the united states senate. on tuesday we had a

Saxby Chambliss

4:01:01 to 4:01:15( Edit History Discussion )

Saxby Chambliss: contentious vote on an energy package that wasn't a bipartisan product. i voted to go forward on the debate of that package because i believe we must get going on a new energy bill. however, i think the only

Saxby Chambliss

4:01:15 to 4:01:29( Edit History Discussion )

Saxby Chambliss: thing yesterday's process was set up to deliver was finger-pointing. we must sit down together, democrats and republicans, and find out what policy ies we can agree on and then send an energy bill to

Saxby Chambliss

4:01:29 to 4:01:46( Edit History Discussion )

Saxby Chambliss: the president. the energy bill proposed by the other side of the aisle includes many ideas we've seen before. i'm reminds of a quote by h.l. mencken who wrote "there was always a solution to every

Saxby Chambliss

4:01:46 to 4:02:00( Edit History Discussion )

Saxby Chambliss: human problem. " of every energy resource at our disposal, it doesn't mean every everyplace. i still don't support drilling in anwr. we have the opportunity, though, to do deepwater exploration off the

Saxby Chambliss

4:02:00 to 4:02:15( Edit History Discussion )

Saxby Chambliss: outercontinental shelf and tap into substantial resources. let's increase production. we had the worst natural disaster in this country, katrina, and there wasn't a drop of oil spilled. so there shouldn't

Saxby Chambliss

4:02:15 to 4:02:37( Edit History Discussion )

Saxby Chambliss: be an environmental issue there. -- to increase production. we can dramatically increase in investment in renewable fuels. i support that. support important to my state. take advantage of coal-to-

Saxby Chambliss

4:02:37 to 4:02:53( Edit History Discussion )

Saxby Chambliss: coal-to-liquids, coal-to-jet fuel. the air force is work on it. this week i've been listened to my colleagues speak about energy energy. some say what we need is more efficiency. the others say

Saxby Chambliss

4:02:53 to 4:03:07( Edit History Discussion )

Saxby Chambliss: we need more re renewables, nuclear, gas development. i think our debate should be about whether to -- and i don't think our debate should be about whether to drill or whether to tax those who drill.

Saxby Chambliss

4:03:07 to 4:03:20( Edit History Discussion )

Saxby Chambliss: you're not going to increase production by simply taxing the oil companies. that's not -- that's not going to solve the problem. it may make a political point somewhere, but it's not going to solve

Saxby Chambliss

4:03:20 to 4:03:34( Edit History Discussion )

Saxby Chambliss: the problem. instead i believe the answer to breaking through our current energy crisis and our political logjam is to couple domestic oil and gas development with responsible environmental protection.

Saxby Chambliss

4:03:34 to 4:03:46( Edit History Discussion )

Saxby Chambliss: you can do both to fully utilize the clean-energy technologies at our disposal like nuclear, while we look to emerging technologies to grow more fuel on the farm and save energy at home. move forward

Saxby Chambliss

4:03:46 to 4:04:02( Edit History Discussion )

Saxby Chambliss: with unleashing ing the potential of cellulosic ethanol. today i have introduced the energy resource development act of 2008 and i hope it will force the bipartisan discussion we need to have.

Saxby Chambliss

4:04:02 to 4:04:12( Edit History Discussion )

Saxby Chambliss: it is not about holding my idea of the perfect energy bill in the air and pointing a finger, saying this is what they won't do. now, this bill is about asking -- no, this bill is about asking the other

Saxby Chambliss

4:04:12 to 4:04:26( Edit History Discussion )

Saxby Chambliss: side about what we can do together. we could open up the outer outercontinental shelf to oil and gas development outside of florida in a way that protects the environment, the economy of states states in new development

Saxby Chambliss

4:04:26 to 4:04:41( Edit History Discussion )

Saxby Chambliss: areas. there's an estimate ed 2.8 billion barrels of crude oil and in areas currently undermoratoria. this could reduce america's trade deficit by $145 billion by offsetting oil imports. we must

Saxby Chambliss

4:04:41 to 4:04:54( Edit History Discussion )

Saxby Chambliss: open up development in a way that recognizes that many states opposed to opening up any development in the waters off their coast. my bill does not allow the federal government to develop a state's

Saxby Chambliss

4:04:54 to 4:05:09( Edit History Discussion )

Saxby Chambliss: resources until the state's governor agrees with the plan. this proposal would give the governors the opportunity to make a counterproposal to propose long-term protection of federal waters off their shores.

Saxby Chambliss

4:05:09 to 4:05:24( Edit History Discussion )

Saxby Chambliss: the federal government can then accept this proposal, begin a negotiation with the governor. the side to move past the take- take-it-or-leave-it approach and provide states with the authority/process they immediate

Saxby Chambliss

4:05:24 to 4:05:38( Edit History Discussion )

Saxby Chambliss: to make a deal that protects their economic and environmental interests. and my bill will require that an oil company holding an o.c.s. lease develop the oil and gas on that tract in a reasonable time frame

Saxby Chambliss

4:05:38 to 4:05:51( Edit History Discussion )

Saxby Chambliss: or lose the right to develop that area. existing leases had that come up for renewable face the same limb limitation. this proposal would create an energy independence trust fund to be funded with

Saxby Chambliss

4:05:51 to 4:06:03( Edit History Discussion )

Saxby Chambliss: a federal share of additional royalties when the outercongtsal shelf is open for development. this trust fund which could receive tensions of billions of dollars from new royalties would go to fully fund

Saxby Chambliss

4:06:03 to 4:06:16( Edit History Discussion )

Saxby Chambliss: all renewable energy, research and development and technology development programs development programs. we've made a big commitment to new technology in past energy legislation. this is a way to fund it.

Saxby Chambliss

4:06:16 to 4:06:31( Edit History Discussion )

Saxby Chambliss: this would make sure programs we have -- we already have on the books to develop technologies like fuel cellsings hybrid vehicles, solar, wind rs advance advanced batteries, building efficiency --

Olympia Snowe

4:06:31 to 4:06:50( Edit History Discussion )

Olympia Snowe: the list goes on and on -- would make sure that they are fully funded. additionally, the fund will provide resources for new ethanol pipeline loan guarantee programs and provide new nuclear energy production

Olympia Snowe

4:06:31 to 4:28:01( Edit History Discussion )
Speech By: Olympia Snowe

Personal tools

MetaVid is a non-profit project of UC Santa Cruz and the Sunlight Foundation. Learn more About MetaVid

The C-SPAN logo and other servicemarks that may be found in video content are the property of their respective trademark holders. None of these trademark holders are affiliated with Metavid