Climate Legislation Sponsor Markey Suggests Congress Act Preemptively

U.S. Rep. Edward Markey (D-Mass.) says the United States has two options when it comes to climate change: Voluntarily pass climate protection legislation now, or face federal regulations by the Environmental Protection Agency later. (0:27)
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Kerry-Boxer Bill Needs Honest Cost-Benefit Assessment, Says Sen. Grassley

At a Senate Finance Committee hearing Tuesday, Sen. Chuck Grassley (R-Iowa) stated that an honest cost-benefit assessment for climate change legislation is necessary.

"An assessment...requires that we first stop trying to sell this policy as if it will have no cost for Americans," said Grassley. (0:16)
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Baucus: Our Unemployment Rate Remains Far Too High

Regarding climate change legislation and job creation, Senate Finance Committee Chairman Max Baucus (D-Mont.) says on Tuesday that "our unemployment rate remains far too high...and we must be diligent to create jobs, including in the energy sector." (0:12)
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Obama: Waxman-Markey Bill Represents U.S. Environmental Progress

During a press conference with German Chancellor Andrea Markel, President Barack Obama admitted that the U.S. has had some trouble in the past when it comes to environmental issues, but expressed his belief that the Waxman-Markey climate change legislation represents the progress the U.S. is making (0:28).
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