Outstanding interview on CNBC Tuesday with Dave Cote, Chairman and CEO of Honeywell and chairman of BRT's Energy and Environment Committee. Yes, reauthorizing the Export-Import Bank is critical for maintaining U.S. competitiveness in the global marketplace.

Eliminating the bank would hobble U.S. exporters as they compete with companies from Japan, Germany, Korea, France, China and other large countries that have government-backed financing for exports, said Dave Cote, chief executive officer of Honeywell International (HON) Inc., which makes varied manufactured goods for the aerospace, oil and gas, auto and construction industries.

“We can’t unilaterally disarm,” he said in a television interview on CNBC today. “It puts U.S. workers at a disadvantage.”