Waiting Periods – Good Matthew Hamilton, Eveready

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Waiting Periods - Good

Table of Contents
1. Climate Change Legislation...................................................................................................................1
1.1 'Till Spring: Climate Change Legislation........................................................................................1
1.2 Time to Work Out the Details..........................................................................................................1
1.3 Americans Have More Time to Examine Impacts...........................................................................2
1.4 More Time Allows More Agreement...............................................................................................2
2. General Examples..................................................................................................................................2

1. Climate Change Legislation

1.1 'Till Spring: Climate Change Legislation

Amy Harder, “Is It Wise To Wait Till Spring?” National Journal, Expert Blogs: Energy & Environment,
November 18, 2009, http://energy.nationaljournal.com/2009/11/is-it-wise.php (Paragraph transition
added)

Senate Majority Leader Harry Reid, D-Nev., on Tuesday announced that Democrats will wait until
spring to debate climate change legislation on the Senate floor. He suggested that the bill could be part
of a larger effort to address the economy. Does this help or hurt ongoing efforts to reach compromises
on oil drilling and nuclear power? Could the added time help senators find consensus on such critical
issues as agriculture, coal, natural gas and trade protection? Or could it prompt lawmakers to leave the
climate change negotiating table to focus on other issues? Could the postponement make climate
change a campaign issue in the 2010 congressional elections?

[Paul Sullivan, a Professor of Economics, at the National Defense University Since July 1999, agreed
with Senator Harry Reid's waiting period by saying:]
If it takes more time to get people on board for better changes then so be it. If it takes more time to
think through the issues involved and the potential solutions to those issues then so be it.

1.2 Time to Work Out the Details

Amy Harder, “Is It Wise To Wait Till Spring?” National Journal, Expert Blogs: Energy & Environment,
November 18, 2009, http://energy.nationaljournal.com/2009/11/is-it-wise.php (Intro added)
Michael C. Formica is a Chief Environmental Counsel for the National Pork Producers Council said:

As I was growing up, my mother always reminded me that “all good things come to those that wait.”
With so much on Congress’ plate, and the economy continuing to falter, Sen. Reid’s decision to slow
down the pace of the energy and climate bill and give the Senate more time to work out the details is a
wise one.

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Waiting Periods – Good Matthew Hamilton, Eveready
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1.3 Americans Have More Time to Examine Impacts

Amy Harder, “Is It Wise To Wait Till Spring?” National Journal, Expert Blogs: Energy & Environment,
November 18, 2009, http://energy.nationaljournal.com/2009/11/is-it-wise.php (Intro added)
Thomas J. Pyle the president of the Institute for Energy Research (IER) said:

Every day the cap and tax legislation is not on the Senate floor is a good day for American families.
Quite simply, the longer it is delayed, the greater the opportunity everyday Americans have to learn
about its economic impacts. And the more they learn, the less they like. To even suggest that this job
killing bill, which by design is intended to increase the cost of eighty-five percent of the energy we use
to heat our homes, fuel our cars and power our businesses, could possibly be considered as part of a
larger effort to address the economy is incongruous and unbecoming. Wishful thinking has never
created a job. Affordable energy has. Those are the facts. No amount of horse trading, backroom
wheeling and dealing, allowances treated, or sweeteners added will offset the long-term damage this
massive energy tax will have on our economy. It is time to move on.

1.4 More Time Allows More Agreement

Amy Harder, “Is It Wise To Wait Till Spring?” National Journal, Expert Blogs: Energy & Environment,
November 18, 2009, http://energy.nationaljournal.com/2009/11/is-it-wise.php (Intro added)
Dirk Forrister, Managing Director at Natsource LLC said:

It’s better to do it right than to do it fast – so I think Senator Reid is making the right call.
While I’d certainly prefer to have a climate bill sooner rather than later, delaying debate until the spring
gives time to draw together the set of compromises that are going to be needed to make the bill
palatable to at least 60 Senators – and especially to address concerns of the group of moderates who are
running for re-election next year.

2. General Examples

Travel advice: book now or wait for a better deal?

Waiting for the stock market to yield better results before selling.

The more time you have to think about something and examine it, the more information is available to
you, and the

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