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Keeps sending us messages. Peril. S we ignore at our it was a cry of frustration. At the Supreme Courts infamous decision haded killed the bipartisan work i had seen on climate for three years read frustration in the fossil fuel industry death threat had tightened around this chamber. Preventing action. Our administration, our Democratic Administration in abandoned Leadership Climate change and would barely even talk about it. Has been a run. Here i am, still at it, seven years on. Some things have changed. Some things have not. Lets start with what has not changed. What has not changed is the scientific certainty about what is happening in our atmosphere and oceans. Scientists have understood burning fossil fuels causes our planet to heat up since the days when Abraham Lincoln was riding around washington in his top hat. This is not new news. Ago, exxonsecades own scientists reported to exxon management there is quote little that atmospheric co2 concentrations were increasing due to fossil fuel burning. They said back in 1982 that the resulting greenhouse effect, and this is a quote from exxon, would warm the earths surface, causing changes in climate. Affecting atmosphere and ocean temperatures. Soil moisture. And, potentially melting the polar ice caps. Debateas no legitimate over the science when i started in 2012. There is no legitimate debate over the science today. Indeed, the science has only strengthened. And each passing year senator merkley said we rely on climate models and forecasts. More in straightforward realtime measurements of the changes. Own eyese with our what recently was predicted. Collapse and retreat. Arctic warming. Increasingly extreme weather. Constant since two usand 12 is the fossil constant since 2012 is the fossil fuel industrys determination to block action and hide its motivations behind front groups. We have had whole groups of senators come to the floor to talk about the web of denial the fossil fuel industry has propagated to propagate fake science and push its muscle and weight around congress. Mostly it is funded by big oil and the koch brothers. They set these groups up and set doubtoose to sow and to obstruct, obstruct, obstruct in washington. They have spent at a minimum hundreds of millions of dollars in this anticlimate campaign. With that money, they have talked up some ridiculous notions like that Carbon Pollution is good for us all because carbon is plant food. They have taken out the boards comparing climate scientists to the unabomber. It is false and ugly stuff. Powered by hidden money. Still send huge amounts to affect americas corporate lobbying with their message. Influence map reckons the biggest anticlimate lobbying force is the u. S. Chamber of commerce, a trade group that represent typical patriotic american businesses. It should more properly be called the chamber of carmen. There it is at the rockbottom, aside with the National Association of manufacturers in a statistical tie for worst obstruct or of Climate Action in ofrica obstructer Climate Action in america. Why wouldnt big oil go to this trouble . A 650e defending billion per year subsidy in the u. S. Alone. Logical. It is still shameful. There is a vast majority of American Companies that have a different view. And that want to see Climate Action. Silentress, it is a majority. When i say silent, they are not showing up in congress. Not to push back. Not to correct the record. Serious to seek legislation. Corporate america was awol in 2012 and they are awol now. Thenilence was deafening and it is deafening still today. What has changed since that first speech seven plus years ago . The economics of Renewable Energy changed in a big way. Costand solar were not competitive with fossil fuels. Storage and electric vehicles were nowhere. That year, the average cost of solar was over 200 per megawatt hour. Today, it is a quarter of that. Is down. Of wind power offshore wind is emerging. Battery storage now competes in price with gas powered peak demand plants in many areas. Automakers around the world are making more and more electric vehicles, driving costs down and performance up for consumers. Even with that massive subsidy for fossil fuel, renewables are starting to win in price. We are new area is starting to capture carbon. This little cube i have in my hand is co2 pulled out of the direct air capture technology and can be turned into tiles, blocks, bricks, there is. It is the beginning of a new era of carbon capture. The group that did this is competing in wyoming this summer for the prize for the x prize for carbon capture. Bankers,s, central wall street bankers, real estate professionals, asset managers, all recognizing the major risks that Climate Change poses to the global economy. It is not free to nor it, and the costs could come in the form of crashes. Warnings,12, these these crash warnings, or uncommon. Today, they are coming from everywhere. Predicts rising sea levels will prompt a crash in Coastal Property values greater than the housing crash that caused the 2008 financial crisis. First street has shown how sea coastalse is affecting values. It found rising seas have lostted in 16 billion in Property Values from maine to mississippi. Climate risk could trigger downgrades in Coastal Community bond ratings. The mayor of honolulu testified that the Credit Rating agencies are already grilling him about this. Estimated some coastal communities face annual of 15 of gdp by the end of the century. Heads up, florida. Coastal property is not the only financial risk. The bank of england, bank of france, bank of canada, San Francisco fed and many toptier are warningd papers risk. Temic that is banker risk for something that poses a risk to the entire economy. Fossil fuelanded assets. What is called the asset bubble. One thing i have focused on is oceans. Shifting fisheries. Collapse and coral. Expending dead zones and the rising sea levels. Terrestrial species needs to pay a lot more attention to the seas. Inre has been a shift attention in these intervening years. You have Standard Poors and moodys and more economists warning me costs of Climate Change will not be measured in the hundreds of billions. Not even in the trillions. Will be measured in the tens of trillions of dollars. That is a penalty worth avoiding and worth the attention of the senate. Here i am, seven years later. Giving my 250th speech. Somewhere between persistent, tiresome, and i suppose foolhardy is where you will find me. I never thought i would still be at it well into 2019. But the fossil fuel industry, with all its wretched, dark money, is still calling the shots here in congress. While the rest of Corporate America still sits on its hands. The United States senate is not seriously considering any serious legislation to reduce Carbon Pollution. I am still frustrated. Thei am optimistic because denial wall is cracking. Asset managers recognize the massive risks of a fossil fuel based economy, and they see the huge potential of a low carbon economy. They see real business incentives to push back on the fossil fuel denial apparatus. Perilow see real business and allowing the fossil fuel denial apparatus to rule. The economist statement published in the wall street journal be appended. Am optimistic because people are talking about Climate Change again. Colleagues are talking about Climate Change. Americans everywhere are talking about Climate Change. Most republicans want action on Climate Change. Voters are engaged in Climate Change. In more than anyone else, especially young people are engaged. From that young hero greta thunder two kids across this country to the young plaintiffs in the giuliana suit, young people are engaged. Any politician who wants a long career had better care about what young people think. That wantsal party to matter in a decade had better care. Over the house, it is starting to show. A few republicans have actually introduced legislation to put a price on carbon emissions. Even president trump, a guy who handed the keys to hit me his administration, feels the need to talk about the environment. Empty as that talk is, the pressure he feels his progress. The fact that he feels he has to talk about it is progress. Wait to stopcannot giving these speeches. These speeches chronicle the continued failure of this body, the continued failure of our country, to grapple with an evident climate crisis. These speeches chronicle the fake science and the political mischief and muscle that the fossil fuel industry has used to debauch our american democracy. History ist sordid important. But i wanted to be history. Of denial anddays obstruction are passed, these speeches will no longer be necessary. I particularly want to thank my colleague from hawaii, my oregon senator merkley. Havether colleagues who been incredible friends and allies in this fight, like senator heinrich of mexico and senator warren of massachusetts. For being here today and being extraordinary partners and teammates. We are a band of brothers and sisters in this cause. Our band is growing. As more and more americans from kitchen tables to corporate cocktail parties come to terms with the real scope of the problem and the danger that failure presents, not only am i proud of my colleagues who are with me already. My colleaguesful across the aisle will soon also become great partners. Until then, i will conclude for the 250 a time by saying, it is time to wake up. I yield the floor. On friday, a blog called a price rhode island posted this picture and members of the Group Protesting senator whitehouse, saying he is not doing enough. Said, you are not doing enough. Noy are asking him to sign a fossil fuel money pledge. He says he does not take fossil fuel or corporate money. Weekend, garrett graves of louisiana will discuss Climate Change and the work of the select committee on the climate crisis. Congressman graves sits on that committee. He will also talk about Robert Muellers testimony before congress and other issues. He is in newsmakers, sunday at 10 00 a. M. On cspan. Former Supreme Court Justice John Paul stevens died july 16 at the age of 99. The ceremony held inside the court. Stepsrmer clerks line the to receive the casket and were honorary pallbearers. One of the tributes is from elena kagan. President trump in the first lady paid their respects after the ceremony

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