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By 2020, 50 percent of imports should be reduced, which should become 75 percent by 2025. By 2030, India should be energy independent.

Companies like Husk Power Systems are working to impact positively not only the environment, but to ensure that someday everyone, including the poorest of the poor in rural India, will have access to clean and affordable electricity.

A $1.7 billion average increase in electricity costs is estimated to result in a $1.3 billion decrease in personal income and a loss of 13,000 more jobs in the region.

Today, India consumes about 682 watts per capita, far lesser than developed nations. As India develops, it will definitely require a lot more energy.

The demand for electricity to have a strong, growing economy is too great to be simply offset by more conservation.

To avoid a blackout, electricity generating companies must lower generation in line with low demand.

China and India will, separately and together, unleash an explosion of demand.

An energy tax punishes senior citizens, it punishes rural Americans, if you use electricity it punishes you. This bill will increase your cost of living and may kill your job.

We also know that China and India, as their economies ramp up, are using more and more energy.

I expect an energy bill to increase and diversify supply and stabilize energy prices - not drive up energy costs in one part of the country to subsidize energy in another region.