Try Free

Sheldon Whitehouse And Lee Zeldin Brutally Clash In Senate Energy Hearing

Forbes Breaking News April 30, 2026 5m 922 words
▶ Watch original video

About this transcript: This is a full AI-generated transcript of Sheldon Whitehouse And Lee Zeldin Brutally Clash In Senate Energy Hearing from Forbes Breaking News, published April 30, 2026. The transcript contains 922 words with timestamps and was generated using Whisper AI.

"White House. Mr. Zeldin, my colleagues around this table are closing in on election in which the Trump administration's household cost catastrophe will be central. And you have been on a polluter-funded rampage to increase Americans' costs. Stuff should cost less. You are making lots of stuff cost..."

[0:00] White House. Mr. Zeldin, my colleagues around this table are closing in on election in which [0:05] the Trump administration's household cost catastrophe will be central. And you have [0:11] been on a polluter-funded rampage to increase Americans' costs. Stuff should cost less. You [0:18] are making lots of stuff cost lots more. You have raised costs for Americans. You have done so to [0:25] steer their money to your big polluters. Your attack on clean energy raises costs for consumers, [0:33] but it sends billions to your fossil fuel polluters, Trump's big donors. Trump's attack [0:39] on offshore wind stalled nine cent per kilowatt hour power. Contract number, no math, getting to my [0:48] constituents who work in an 18 cent average kilowatt hour grid. Every single day that that nine cent [0:55] power was delayed, steered money from consumers' pockets into the pockets of expensive natural [1:03] gas units, units that the clean offshore wind energy would have displaced. You will at least [1:09] concede that nine cents is less than 18 cents, will you not? Well, nine cents is less than 18 cents. [1:16] However, in this context, your math is accurate. Your rampant climate denial and refusal to address [1:21] climate risk is driving home insurance rates skyward, setting new records in states like Iowa, Florida, [1:29] and Texas. Those costs are cascading from a home insurance crisis into a mortgage crisis, [1:35] into a property values crisis. But the big winners, getting to pollute for free, are your fossil fuel [1:42] polluters, Trump's big donors. Is EPA looking at all at Florida's climate-driven insurance crisis? [1:51] So to be clear, everything about the nine cents, all you want to ask me is whether nine cents is less [1:56] than 18 cents? I have a new question now. One of the next questions. [1:57] No, just so that I'm understanding. Okay, if you don't want to ask my question, I'll move on to the next one. [2:01] If I'm tracking right, all you want to know that nine cents is less than 18 cents. You don't want to [2:06] actually talk about the issue. You already answered that. Now you're just wasting my time. [2:09] Now everything other than nine is less than 18 is wasting your time? [2:12] Up the cost of Americans' gasoline budgets. Your own regulatory impact analysis put the net loss to [2:20] consumers at 180 billion dollars, but with a minimum, minimum 580 billion bonus for big oil at the pump. [2:32] All those billions go to your fossil fuel polluters, Trump's big donors. Those are your numbers, Mr. Zeldin. [2:41] You also made it easier to pollute with soot, soot, which will cost Americans tens of billions in added [2:48] health care costs, all to save about 600 million dollars in compliance costs for your fossil fuel [2:55] polluters, Trump's big donors. You stopped EPA even counting health harms in your cost-benefit analysis, [3:03] didn't you? I'm still stuck on the fact that all you're asking me so far about any of your numbers is [3:09] that nine is less than 18. You attacked the greenhouse gas reduction fund. You want to talk about what an LCOE is? [3:13] I get the time here. I get to ask the questions. You attacked the greenhouse gas reduction fund, [3:19] potentially costing consumers 52 billion dollars in lost energy savings, let alone the health benefits [3:25] of cleaner air. But that 52 billion consumers lose will flow where? To your fossil fuel polluters, [3:32] Trump's big donors. Ditto the solar for all funding that you attacked, trying to strip Americans of [3:38] 350 million dollars per year in expected energy savings, billions over time. Those lost savings go [3:45] where? To your fossil fuel polluters, Trump's big donors. You even set up a special polluter email [3:53] address that gave polluters a drive-up window for exemptions from the Clean Air Act, helping them keep [4:00] 70 polluting coal plants online. One estimate is that just six of those plants have already cost rate payers [4:07] an extra 230 million dollars in costs in less than one year. And indeed, one plant in Michigan has [4:15] already cost Michiganders 600 million dollars in excess health costs. That is money out of consumers' [4:23] pockets and into the pockets of your fossil fuel polluters, Trump's big donors. Can we talk about [4:30] your math yet? Are you even tracking the consumer cost of those coal plants? We're going to get to talk [4:36] about math. Are you even tracking the consumer costs of those coal plants? Oh, this is great. So I don't [4:42] even know where to start with all the messed up math. Answer that question. Are you even tracking [4:46] the consumer costs of those coal plants? Of course. Yeah, and costs are going down across the country. [4:50] When you look at EPA's impacts... Where are you tracking the consumer costs of those coal plants? [4:56] When you look at the real... Are you kidding me? Coal plants even staying open? You think that the math [5:01] is it's better for West Virginia if you close down their coal plants and put these people out of work [5:07] and tell them to learn a code. According to you, in your mind, that's saving West Virginia? Is it saving [5:14] them on energy access? We know it's raising costs. Is it saving them on jobs? You can talk across me all you like. [5:19] You are raising costs. Raising costs. You're raising costs on purpose because the money that you get [5:24] when you raise costs from consumers goes to Trump's big fossil fuel donors. We don't close down coal. [5:29] My time is up. I'm not sure we're going to get anywhere with that.

Transcribe Any Video or Podcast — Free

Paste a URL and get a full AI-powered transcript in minutes. Try ScribeHawk →