"Young Guns" Lie About Energy

September 13, 2010 2:17 pm ET

In their new book Young Guns, House Minority Whip Eric Cantor (R-VA), Rep. Paul Ryan (R-WI) and Rep. Kevin McCarthy (R-CA) repeat the same old dishonest talking points about clean energy legislation and the party's American Energy Act.  Contrary to the trio's false claims, investing in clean energy would boost America's economy by $111 billion and create up to 1.9 million jobs.  And at a time when Americans are seeking new solutions to rebuild our economy and break our dependence on foreign energy sources, House Republicans have proposed the failed policies pursued by President Bush.

Claim: Clean Energy Would Raise Costs, Kill Jobs & Hurt The Economy

Rep. Eric Cantor:

We also differed -- radically -- from the Democrats in charge of Washington when it came to energy and the environment. Their cap-and-trade bill has rightly been called a cap-and-tax bill. It would essentially amount to a national energy tax that would slam small businesses with higher energy bills and put more pressure on already struggling middle-class American families. [Young Guns, pp 60-61]

Rep. Eric Cantor:

The last thing America's economy, our national security, or our environment needs is more taxes to kill jobs and stifle innovation. [Young Guns, p 61]

Rep. Paul Ryan:

In advocating government controlled health care and a national energy tax, Progressives are showing the zeal of their ideological convictions. They truly believe the best course for America is to abandon the American idea for a model much like the European Union. [Young Guns, p 111]

Rep. Kevin McCarthy:

Despite the conservative nature and values of the district, freshman Democrat Betsy Markey has chosen to side with the liberal leadership of Speaker Nancy Pelosi on issue after issue. She voted for the failed stimulus, the job-killing cap-and-trade bill, and the recently passed government takeover of health care. All of these policies will lead to a future of crushing debt and fewer jobs for Coloradans. [Young Guns, p 184]

Fact: Clean Energy Legislation Would Cost Less Than A Quarter A Day

Reuters: "Climate Legislation Moving Through Congress Would Have Only A Modest Impact On Consumers." According to Reuters: "A new U.S. government study on Tuesday adds to a growing list of experts concluding that climate legislation moving through Congress would have only a modest impact on consumers, adding around $100 to household costs in 2020. Under the climate legislation passed by the House of Representatives in June, electricity, heating oil and other bills for average families will rise $134 in 2020 and $339 in 2030, according to the Energy Information Administration, the country's top energy forecaster." [Reuters, 8/5/09]

EIA: Clean Energy Legislation Would Cost Only $0.23 Per Day. According to a House Energy and Commerce Committee factsheet of the Energy Information Administration's analysis of the American Clean Energy and Security Act: "The U.S. Energy Information Administration (EIA) has completed an analysis of the American Clean Energy and Security Act (H.R. 2454), as passed by the U.S. House of Representatives... The overall impact on the average household, including the benefit of many of the energy efficiency provisions in the legislation, would be 23 cents per day ($83 per year). This is consistent with analyses by the Congressional Budget Office which projects a cost of 48 cents per day ($175 per year) and the Environmental Protection Agency which projects a cost of 22 to 30 cents per day ($80 to $111 per year)." [House Energy and Commerce Committee, EIA's Economic Analysis Of "The American Clean Energy And Security Act Of 2009," 8/4/09; emphasis original]

CBO: In 2020, Cap-And-Trade Will Only Cost An Average Of $175 Annually, "About A Postage Stamp A Day." In its analysis of the American Clean Energy and Security Act, the Congressional Budget Office wrote: "On that basis, the Congressional Budget Office (CBO) estimates that the net annual economy wide cost of the cap-and-trade program in 2020 would be $22 billion-or about $175 per household." Rep. Edward Markey noted it was "the cost of about a postage stamp a day." [CBO, 6/19/09; House Committee on Energy & Commerce Release, 6/20/09]

Cap-And-Trade Would DECREASE Energy Prices For Low-Income Americans. In its analysis of the American Clean Energy and Security Act, the Congressional Budget Office wrote, "households in the lowest income quintile would see an average net benefit of about $40 in 2020." [CBO, 6/19/09; emphasis original]

Fact: Clean Energy Legislation Would Create Millions Of American Jobs And Boost The Economy

Investment In Clean Energy Technology Would Create Up To 1.9 Million American Jobs.  According to the University of California-Berkeley, "new analysis by the University of California shows conclusively that climate policy will strengthen the U.S. economy as a whole. Full adoption of the ACES package of pollution reduction and energy efficiency measures would create between 918,000 and 1.9 million new jobs." [UC Berkeley, accessed 1/22/10]

Investment In Clean Energy Technology Creates FOUR TIMES As Many Jobs As An Investment In Oil & Gas.  According to the Center for American Progress, "spending $1 million on energy efficiency and renewable energy produces a much larger expansion of employment than spending the same amount on fossil fuels or nuclear energy. Among fossil fuels, job creation in coal is about 32 percent greater than that for oil and natural gas. The employment creation for energy efficiency-retrofitting and mass transit-is 2.5 times to four times larger than that for oil and natural gas. With renewable energy, the job creation ranges between 2.5 times to three times more than that for oil and gas." [Center for American Progress, The Economic Benefits of Investing in Clean Energy, 6/17/09]

Investment In Renewable Energy Has Already Salvaged Many Manufacturing Facilities Closed During Economic Downturn.  Across America, factories and plants abandoned by the old economy have been re-tooled and re-opened to satisfy the growing demand for new energy technologies. For instance, once hopeless manufacturing plants in Pennsylvania, Iowa, and Michigan have re-energized their communities by creating jobs and leading the charge toward a new energy future. [Bloomberg, 4/2/09; Star Tribune, 4/22/09; Grand Rapids Press, 3/6/08]

Claim: The GOP's American Energy Act Solves Energy, Economic, and Fiscal Crises

Rep. Eric Cantor:

Republicans developed the American Energy Act, which shows that being conservative and green go hand in hand.  [Young Guns, p 62]

Rep. Kevin McCarthy:

And in the party platform, we agreed with many people that felt that energy prices, our economy, and fiscal accountability in Washington were important priorities by proposing "accelerated exploration, drilling, and development in America" through an all-of-the-above American energy plan, advocating "lower taxes, reasonable regulation and smaller, smarter government," and imposing "an immediate moratorium on the earmarking system," something I am pleased that my House Republican colleagues agreed to do in March of 2010. [Young Guns, pp 166-167]

Fact: The American Energy Act Is Identical To President Bush's Failed Plan

At a time when Americans are seeking new solutions to rebuild our economy and break our dependence on foreign energy sources, House Republicans have proposed the same tired policies embraced by President Bush. 

Under The Bush Energy Plan, U.S. Became More Dependent On Imported Oil From OPEC Countries.  According to the Energy Information Administration, U.S. petroleum imports from OPEC countries increased from an average of 168,157 in 2001 to 181,729 in 2008. [Energy Information Administration, accessed 6/10/09]

Under The Bush Energy Plan, Average Household Energy Costs Rose Over $1,100.  According to a report conducted by the Center for American Progress: "Former President George W. Bush's energy policies, which today's conservatives would continue, plowed billions of dollars of subsidies into dirty energy while neglecting clean energy reform. What effect did this have on American families? Spiraling gasoline and electricity prices, a nation more dependent on oil and coal, and more pollution than ever before. Bush oversaw a lackluster economic expansion even before the Bush recession of December 2007. Over this period, the typical annual American household expenditure on electricity rose more than $170, and the typical annual American expenditure on gasoline rose more than $960 (in 2007 dollars). Note that the gasoline price increases listed here do not include the unprecedented $147 per barrel of oil and $4.11 gasoline prices that occurred in the summer of 2008. [Center for American Progress, "The Bill From Bush's Broken Energy System," April 2009; emphasis added]

House GOP

President Bush

HOUSE GOP PLAN: Increase Oil Drilling In the Outer Continental Shelf.  According to a summary of the House Republicans' American Energy Act: "The bill increases the supply of American energy by immediately moving forward with a leasing program on the already open [Outer Continental Shelf] OCS. The bill also simplifies and harmonizes the OCS mileage restrictions, expanding state territorial waters to 12 miles offshore (most state borders stop at three miles) and gives coastal states a share of the receipts from such energy exploration. A portion of the revenues created by OCS exploration would go to a renewable energy trust fund to pay for a variety of renewable, alternative and advanced energy programs." [American Energy Act Summary, accessed 6/10/09]

BUSH PLAN: Increase Oil Drilling In the Outer Continental Shelf. President Bush said: "This morning, I asked Democratic Congressional leaders to move forward with four steps to expand American oil and gasoline production. First, we should expand American oil production by increasing access to the outer continental shelf or OSC. Experts believe that the OCS could produce about 18 billion barrels of oil. That would be enough to match the current oil production America for almost 10 years.  The problem is that congress has restricted access to key parts of the OCS since the early 1980's. Since then, advances in technology have made it possible to conduct oil exploration in the OCS that is out of sight, protects coral reefs and habitats, and protects against oil spills. With these advances, and a dramatic increase in oil prices, Congressional restrictions on exploration have become outdated and counterproductive. Republicans in congress have proposed several promising bills that would lift the legislative ban on oil exploration in the OCS. I call on the House and Senate to pass good legislation as soon possible." [President Bush statement, 6/18/08 via Nexis]

HOUSE GOP PLAN: Expedite Construction Of More Oil Refineries. According to a summary of the House Republicans' American Energy Act: "The bill increases American supplies of gasoline and diesel by encouraging greater refinery capacity by streamlining and accelerating the refinery permitting process. The bill also requires the President to designate at least three closed military installations as potentially suitable for construction of a refinery, including at least one suitable for refining biomass to produce biofuel." [American Energy Act Summary, accessed 6/10/09]

BUSH PLAN: Expedite Construction Of More Oil Refineries.  President Bush said: "We need to expand and enhance our refining capacity.  Refineries are the critical link between crude oil and the gasoline and diesel fuel that drivers put in their tanks.  Recent changes in the makeup of our fuel supply, upgrades in our refining capacity are urgently needed.  Yet it has been nearly 30 years since our nation built a new refinery, and lawsuits and red tape have made it extremely costly to expand and modify existing refineries ... So today I am proposing measures to expedite the refinery permitting process. Under the reform process that I propose, challenges to refineries and other energy projects permits must be brought before the DC circuit court of appeals within 60 days of the issuance of a permit decision.  Congress should also empower the secretary of energy to establish binding deadlines for permit decisions and to ensure that the various levels of approval required in the refinery permitting process are handled in a timely way." [President Bush statement, 6/18/08 via Nexis]

HOUSE GOP PLAN: Build More Nuclear Power Plants. According to a summary of the House Republicans' American Energy Act: "The bill reinforces a commitment to protect public health and safety while providing for an accelerated regulatory process for new nuclear applications where there is a design already certified by the Nuclear Regulatory Commission (NRC); a site already licensed for operating reactors; an operator in good standing with the NRC; and a full and complete Combined Operations and Construction License application. This bill also lowers construction costs by suspending import tariffs and duties on imported nuclear components for five years if there is no domestic manufacturer.

The bill also provides a long-term solution for spent nuclear fuel. The legislation allows the NRC to finish its review of the Yucca Mountain repository without political interference, and repeals its 70,000 metric ton limitation, letting science and technology dictate how much the repository can safely hold. The bill also provides for recycling of spent nuclear fuel, thereby decreasing the demand for storage space at Yucca Mountain and amounts accumulating." [American Energy Act Summary, accessed 6/10/09]

BUSH PLAN: Build More Nuclear Power Plants.  During a weekly radio address, President Bush said: "Nuclear power generates large amounts of low-cost electricity without emitting air pollution or greenhouse gases. Yet nuclear power now produces only about 20 percent of America's electricity. It has the potential to play an even greater role. For example, over the past three decades, France has built 58 nuclear power plants and now gets more than 78 percent of its electricity from nuclear power. Yet here in America, we have not ordered a new nuclear powerplant since the 1970s. So last summer, I signed energy legislation that offered incentives to encourage the building of new nuclear plants in America. Our goal is to start the construction of new nuclear power plants by the end of this decade." [President Bush's Weekly Radio Address, 2/18/08 via Nexis]

HOUSE GOP PLAN: Open The Arctic For Drilling. According to a summary of the House Republicans' American Energy Act: "The bill increases American energy by opening the Arctic Coastal Plain to exploration in an environmentally-sound manner, which could provide an additional 1 million barrels of oil per day. The bill requires timely lease sales, provides for revenue sharing with the State, designates a fund to mitigate the effects of exploration and development and provide for local community support, and devotes a portion of the revenues for a renewable energy trust fund to pay for renewable, alternative and advanced energy programs." [American Energy Act Summary, accessed 6/10/09]

BUSH PLAN: Open The Arctic For Drilling.  During a question and answer session in Florida, President Bush said: "I thought you were going to ask, how come we don't have the gas pipeline coming down yet, because there's a lot of untapped oil and gas up there that can be explored in environmentally friendly ways. And I think we ought to be drilling in ANWR--it's called ANWR. I know we can do it and protect the environment at the same time. And I know there's a lot of untapped gas up there that we ought to get down through pipeline as well. I don't know where all the oil goes coming out of the pipeline now. I'll try to find out for you." [Bush Press Conference, 5/9/06 via Nexis]

HOUSE GOP PLAN: Increase Production Of Oil Shale.  According to a summary of the House Republicans' American Energy Act: "It is estimated that more than 70 percent of American oil shale lies on federal lands which contain an estimated 1.23 trillion barrels of oil, more than 50 times the nation's proven conventional oil reserves. The bill codifies the oil shale lease program and restores leasing activities that were already underway prior to being halted in February 2009, by the current Administration. The bill mandates that a lease sale be held within 180 days of enactment." [American Energy Act Summary, accessed 6/10/09]

BUSH PLAN: Increase Production Of Oil Shale. While speaking to the Coalition for Affordable American Energy, President Bush said, "Congress can do some more. Once they solve this problem, they can allow us to drill in northern Alaska, which we can do in environmentally friendly ways. They should allow us to tap into the extraordinary potential of oil shale. And we need to expand our refining capacity here in America." [Bush Remarks in EEOB, 8/12/08 via Nexis]

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