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Brian Schatz: “It is the equivalent of terminating more than 1,000 Keystone…”

Featuring: Brian Schatz, Democratic | U.S. Senate from Hawaii

Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires

Published June 30, 2025 | Video Starts at 11:33

The building trades union called this bill, quote, the biggest job killing bill in the history of this country. And they go on. Simply put, It is the equivalent of terminating more than 1,000 Keystone XL pipeline projects. I've been here for a while. Keystone XL was a big deal to our friends in labor. (11:33–11:39)

CLAIM

Asserts that the bill's impact is comparable to terminating over 1,000 Keystone XL pipeline projects.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Brian Schatz

“This bill will kill 300,000 jobs in wind and solar per year.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 00:33-00:40
“We're going to lose out on $450 billion in capital as thousands of projects go under.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 00:40-00:47
“We're going to generate about 500 gigawatts less energy in the next decade.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 00:48-00:56
“According to the Edison Electric Institute, that'll cost people, not companies, people, ratepayers, $60 billion in this decade alone.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 05:30-05:39
“Nearly 3/4 of clean energy manufacturing facilities are located in Republican states.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 07:01-07:07
“This bill will create shortages.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 01:26-01:29
“This bill will impede economic progress.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 01:29-01:33
“This bill will increase prices.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 01:33-01:38
“The bill creates an impossible deadline for projects to be operational in order to claim the clean energy tax credits.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 03:17-03:24
“Republicans will lose jobs in clean energy because of a Republican bill.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 07:12-07:17
“Republicans are going to have more blackouts in their homes and businesses.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 07:18-07:23
“21 House Republicans are worried about an energy crisis imposed by the Republican Congress.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 08:25-08:36
“Repealing these tax credits would create economic uncertainty in our communities.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 10:28-10:34
“The building trades union called this bill the biggest job killing bill in the history of this country.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 11:22-11:31
“Clean energy became eminently profitable for businesses and widely accessible to consumers.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 13:42-13:49
“Republicans are on the verge of undoing [clean energy advancements], even though it will hurt their constituents.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 14:34-14:40
“We're virtually guaranteeing China's dominance in clean energy for decades to come.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 14:41-14:46
“Republicans are effectively codifying Big Oil's wish list into law.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 15:08-15:13
“They are killing clean energy. They are subsidizing coal, they are dramatically expanding oil and gas leasing.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 15:14-15:21
“They are purposely jacking up energy prices and creating shortages.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 15:20-15:24
“States like Hawaii will continue to do everything that they can to protect our environment.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 16:40-16:45
“What Congress is doing today will cost all of us in the years and decades to come.”
Schatz: Republicans Ripping People Off, Plunging Us Into Energy Crisis To Cut Taxes For Billionaires | Uploaded June 30, 2025 | 16:56-17:02