[Congressional Record (Bound Edition), Volume 152 (2006), Part 4]
[Senate]
[Page 4284]
[From the U.S. Government Publishing Office, www.gpo.gov]




       KEEP AMERICA COMPETITIVE GLOBAL WARMING POLICY ACT OF 2006

  (Mr. UDALL of New Mexico asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. UDALL of New Mexico. Mr. Speaker, there is solid, scientific 
consensus that global warming is real. Many believe that the erratic 
and record-breaking weather events we are seeing across the country, 
such as the prolonged droughts in my home State of New Mexico, are the 
result of global warming.
  To combat this problem, I will introduce the Keep America Competitive 
Global Warming Policy Act of 2006 with my colleague from Wisconsin, the 
Honorable Tom Petri. We believe it is time for America to take steps to 
address global warming. We have structured a policy that will not put 
America's jobs at risk.
  This bill is modest and certain as well as efficient. Our policy 
internalizes the cost of global warming through a cap and trade system 
on all greenhouse gas emissions with a fixed price safety valve.
  This monumental step of putting a price on greenhouse gases will 
stabilize and eventually reduce emissions, finally putting the United 
States of America on the road towards curbing the effects of global 
warming. I urge my colleagues to support this legislation.

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