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Chris Coons confronted by Christine O'Donnelll on Cap and Trade benefit in Delaware Senate Debate

Chris Coons, Cap and Trade, Delaware Senate Debate, Delaware News, Delaware Politics, Christine O’Donnell, Delaware Senate Race

Chris Coons stated in the Delaware Senate Debate that his family business, Gore-Tex, would not make any money off cap and trade:

If Chris Coons didn’t make a direct connection between environmental law and his family business, Gore, making money, then why did he say this in 2003:
If President Bush’s Clear Skies initiative is passed by Congress, [they] won’t need the filters…….Coons said. Because Congress is involved in deciding what the [limits] will be, instead of regulators, who traditionally set such standards, Gore felt it had no choice but to join the political debate, Coons said.
http://pqasb.pqarchiver.com/delawareonline/access/1819833831.html?FMT=ABS&FMTS=ABS:FT&type=current&date= , &author=STEVEN+CHURCH&pub=The+News+Journal&desc=Gore+joins+environmental+policy+debate&pqatl=top_retrieves

Clearly, Chris Coons understands the direct connection between his family wealth and the passage of Cap and Trade, which will go even further than what he, as a lobbyist for his family business, was pushing in 2003.  In that statement, he made a direct connection between the selling of air filters for Gore and Government regs on Air regulation. 

From the Delaware Senate Debate:

UNIDENTIFIED MALE:  My question is, where do you think funding should be placed in order to move toward the United States decreasing its carbon program…..

O’DONNELL:  I’d like to know if your family business stands to have a financial gain if Cap and Trade is passed and if so, would you recuse yourself in the lame duck sessions from voting with Harry Reid?

COONS:  Fascinating question.  No, to the best of my knowledge there is no direct financial benefit.  And I do think it’s important for folks in public office to conduct themselves ethically, to be transparent and to be accountable for decisions they make and for votes that they cast.

I am someone who thinks that greenhouse gasses are a concern, are a problem for the long-term.  And I think we need to take steps to rein them in and to deal with the environmental consequences that they might present.

BLITZER:  Well, let me ask Miss O’Donnell what evidence do you have that any family business that he has would stand to gain from Cap and Trade?

O’DONNELL:  Because they make fuel cells and…

BLITZER:  Who’s they?

O’DONNELL:  W.L.  Gore.  They make some of the stuff that will be required by these business to regulate Cap and Trade, so…

BLITZER:  Is that true?

COONS:  That’s quite a stretch.  Gore makes over 1,000 products.  It was difficult for me to understand, from her question what she was alking about.  Gore is a company that makes lots and lots of products from implantable medical devices to dental floss to some membranes that component parts that go into systems that go into fuel cells.

Fuel cells are not currently fielded broadly in the United States.  It’s a cutting-edge technology that some day has the promise of being a significant contributor to making a more energy-efficient, cleaner transportation future.  But to me, the impact is so distant from any particular proposal on cap-and-trade, it took a couple of minutes to even understand what she was talking about.

http://latimesblogs.latimes.com/washington/2010/10/christine-odonnell-chris-coons-debate.html

Here is the proof, from his family business website, that shows how blatantly he lied about Cap and Trade:

Read more: Gore, Dunn-Edwards get piece of stimulus pie – Phoenix Business Journal

http://www.energy.gov/recovery/documents/Recovery_Act_Memo__DC.pdf

Award(s): 2 totaling $814,000 from DOE / Treasury, Clean Energy Manufacturing Tax Credit (48C)

Location: Elkton, MD

W.L. Gore & Associates, Inc., Elkton, MD ‐ $604,000

W.L. Gore & Associates, Inc., in Elkton received $604,000 to re‐equip two manufacturing facilities in New York and Maryland to produce the Gore Turbine Filter. The filter is used in natural gas turbines that deliver high fuel efficiency and low greenhouse gas emissions.

W.L. Gore & Associates, Inc., Elkton, MD ‐ $210,000

W.L. Gore & Associates, Inc., in Elkton received $210,000 to retool a manufacturing facility to produce a key component of fuel cell systems used to improve fuel efficiency in vehicles.