Everybody sits together we will get started the subcommittee will come to order without objection the chair is authorized to declare a recess at any time so to discuss Climate Change on the future Economic Impact i will defer the Opening Statement for myself and when we spoke earlier i mentioned the fact we would hopefully to do a hearing we have time for Opening Statements but what i would like to do is to give each of you the opportunity to do so. Let me introduce the four of you have all freight oh gomez from the Accountability Office senior director for environmental risk the institute for Economic Freedom doctor greenstone Milton Friedman and the honorable Stephen Benjamin mayor from south carolina. So you are now recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here today how to limit the federal government fiscal exposure by reducing risk this is an area on our high risk list since 2013 recent disaster has shown the need for planning
We are going to get started. The subcommittee hearing will come to order, without objection, the chair has authorized to declare a recess of the committee at any time. This briefing extension of several hearings we have had, discussing Climate Change. We are focusing on the Economic Impacts of global warming. I will defer the Opening Statement for myself. When we spoke earlier in the holding area, i mentioned the fact that we would be trying to do a hearing. This is a briefing. We do have time for your Opening Statements. What i would like to do is afford each of you the opportunity to do so. Let me introduce the four of you and then we will move to you, mr. Gomez. We have alfredo gomez, director, Natural Resources environment team, Government Accountability office. Dave jones, senior director for environmental risk at the Nature Conservancy, institute of Economic Freedom and the heritage foundation. Dr. Michael greenstone, Milton Friedman distinguished Service Professor of economics a
We take you to capitol hill for a House Oversight hearing on the Economic Impact of Climate Change under way. There are several reasons the on as a consequence it undermines the american people. Let me list. One, in 2018, the Trump Administration instituted a smaller social cost of carbon of 1 to 7 compared to 50. Its based on two faulty assumptions. First, it uses inappropriately high discount rates that are not supported by economic theory or Financial Markets. Second, it fails to account for damages that occur outside the United States. This failure discourages other countries who in total produce about 90 of total co2 emissions from undertaking emissions cuts that would benefit u. S. Citizens. The United States special role in global democracy can produce demonstrable benefits for u. S. Citizens, and we are failing here. The absence of meaningful progress at the recent madrid climate talks is evidence of what happens when we retreat. Number two, the social cost of carbon is no long
Health secretary ben carson joining the conversation at the white houses Mental Health summit. Iftrying to figure out everyone is together. Let me double check. We are going to get started. The subcommittee hearing will come to order, without objection, the chair has authorized the committee sometime. This briefing extension of several herrings we have had, discussing Climate Change. We are focusing on the Economic Impacts of global warming. I will defer the Opening Statement to myself. When we spoke earlier in the holding area, i mentioned the fact that we would be trying to do a hearing. This is a briefing. We do have time for your Opening Statements. What i would like to do is afford each of you the opportunity to do so. Let me introduce the four of you and then we will move to you, mr. Gomez. , governmented gomez accountability office. Dave jones, senior director for environmental risk. Dr. Michael green zone, distinguished professor of economics at the university of chicago, and t
We back well be talking to we come back well be talking to the lawyer of david hunter who has now been released from prison so called prison after that so called mercy killing of his wife. Very emotive it. Emotive topic. Lets do it. Patrick, thank you. Patrick, thank you. Good afternoon from the gb newsroom. Its 3 01 members of the uks largest Teaching Union have accepted a 6. 5 pay rise for teachers in england. The for teachers in england. The National Education union says. National Education Union says. 86 of its members voted to accept the latest pay offer, with a 60 turnout. It comes after Union Members staged eight days of strike action in state schools since february in a dispute over pay education secretary Gillian Keegan has welcomed the decision as good news for teachers. Parents and children. The Prime Minister children. The Prime Minister says the planned expansion of oil and gas drilling in the nonh oil and gas drilling in the north sea is entirely consistent with the gover