Ted Cruz on Environment
Mike pointed out that the value of all that federal land was roughly $14 trillion. At the time, the national debt also happened to be $14 trillion. That suggested to us an obvious & rather elegant solution for eliminating the debt and moving as much land as possible--other than national parks--into private hands.
"I have every bit of faith that businesses can continue to compete and continue to do well without having to go on bended knee asking for subsidies, asking for special favors," he said. "I think that's how we got in this problem to begin win."
Ethanol proponents argue that because oil companies own gas stations, consumers are unable to access ethanol and therefore it needs the government's support to break through oil's stronghold of the market. Cruz acknowledged that his view wouldn't be well-received: "Look, I recognize that this is a gathering of a lot of folks who the answer you'd like me to give is, 'I'm for the RFS, darn it.' That'd be the easy thing to do. But I'll tell ya, people are pretty fed up, I think, with politicians that run around & tell one group one thing, tell another group another thing.
Proponent's Argument for voting Yes: Mr. WHITEHOUSE: This measure was part of the RESTORE Act, [but] this piece of it fell out of the bargain. If you supported the RESTORE Act, you have already supported this bill. If you believe that deals should be deals in the Senate, then you should support this bill. It is very important that we as a body support this bill. It does not create a single extra bureaucracy or person. It works within the existing government, and it adds no funding.
MississippiRiverDelta.org Summary of RESTORE Act: The Resources and Ecosystems Sustainability, Tourist Opportunities and Revived Economies of the Gulf Coast States Act (RESTORE Act) dedicates 80% of all Clean Water Act penalties paid by those responsible for the 2010 gulf oil disaster to Gulf Coast restoration.
Proponent's press release supporting Yes vote: The National Endowment for the Oceans, Coasts, and Great Lakes Act would provide steady funding that universities, non-profit organizations, and government agencies can count on every year to support research and restoration projects. It would be funded primarily by dedicating 12.5% of revenues from offshore energy development, including oil, gas, and renewable energy. Revenue is generated through offshore lease sales and production based royalty payments. Funds from the Endowment would be distributed through a competitive grant program to fund projects to restore habitat, manage fisheries, plan for sustainable coastal development, enhance ocean monitoring and research activities, acquire coastal properties for preservation, and relocate critical coastal infrastructure.
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