A cap and trade bill will likely increase the costs of electricity. . . . These costs will be passed on to the consumers. But the issue is, how does it actually...how do we interact in terms with the rest of the world? If other countries don't impose a cost on carbon, then we would be at a disadvantage. . . . We should look at considering duties that would offset that cost.
Steven ChuScience is really about describing the way the universe works in one aspect or another in all branches of science-how a life-form works, how this works, how that works. ... You have to have a natural curiosity for that.
Steven ChuWhat the American family does not want is to pay an increasing fraction of their budget, their precious dollars, for energy costs.
Steven Chu