Economic policy of the heritage and foundation, Nicolas Loris, back behind the desk. Will you start by defining what thats job is . Guest tricky within itself. When the Obama Administration theyooking at green jobs included everything from trash collectors to people who work in goodwill. They were involved in reusing and recycling. Conventionally more people talk about the Energy Economy and what that looks like. Installing, the numbers are mixed. I would like to see green Energy Economies that drive Innovation Forward and doesnt rely on government subsidies. What is it comparable to in terms of numbers of workers or jobs related . Its difficult to say based on the numbers you use. Compared to other industries, they are certainly growing and thats great. Markets, people are demanding Renewable Power and is this is are demanding to use 100 renewables and the demand is driving production and thats ultimately what we want to see, Competition Among the Energy Sources when they are being su
Now come to order. We will see the amendment and witnesses and this morning the chairman is not here, i give the floor to my good friend Mister Mcnulty from california. Thank you for yielding me and i thank the witnesses for coming this morning. Its an incredibly important issue we need to care a lot about and good policy on. We are meeting today to discuss the state of Cyber Security integrated and the continuing threats facing Americas Energy infrastructure. We continue to see increasing threats to the grid originating at home and abroad. Im glad to see the doe and and others taking steps to address the growing dangers posed by nefarious actors. Our energy grid serves as the backbone of our economy Touching Every aspect of our lives and unreliable grid is also crucial for National Security and a clean energy future. For lawmakers to encourage advances that we can advance the security and reliability of our nations electric grid. We must work on a bipartisan basis to actively engage w
To stifle innovation and thats going to be very interesting to everyone on the panel. Innovation were talking about personalized medicine talking about a time when something comes out like some kind of immune o therapy, bioengineered products, genetics, new cancer treatments, new robotics. All of these things work for some people not for other people and they are extremely expensive theres simply no way that a negotiated medicare price is going to cover these innovative treatments. So one of the things that seems to get everybody angry is that Foreign Countries pay less for american drugs than americans do, and i have to say thats a pretty winning kind of campaign thought or whatever. Whats your response to that . Why is it happening and will this proposal alleviate that . It is happening and the reason its happening is because the block negotiates the same way that they are proposing here but in a way its fixing the front end by addressing the rear end. If we want that to be fixed, li
Almost drawn even. Without sounding sort of like arcane and gob deli bookish here, that items teams seems to that we have less worry of about a recession. That concern eases, even when we do when inverted it takes sometimes a year or two years before it materializes. The nevertheless the fact that is pushed off, a lot of stocks that do business with companies abroad, particularly in asia, china, they are among the stronger advancers. It is helping reverse this bond Market Sentiment that built we were going to enter a slow down. Now people are selling bonds. Buying stocks. More attracted to the yield of the s p 500 for example, which at 2 or so, is significantly better than around the 1 1 2 youre looking at for 10year note. You can well understand what has been going on here, at the corner of wall and broad. Oil prices moved up a little bit. Theyre advancing today. That benefits key Oil Components dominant among 11 s p sectors. What is happening with the nearly 2 runup in oil prices. Be
Social media. On twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good wednesday morning to you. You can start calling now. We will begin by taking you back to mondays final press briefing with President Trump at the g7 summit of World Leaders. The final question the president took was on the issue of Climate Change. [video clip] there was a significant talk at the summit about Climate Change. I know in the past you offered skepticism. What do you think the world should be doing and do you harbor that skepticism . Has feel the United States tremendous wealth. Feet. Alth is under its i have made that wealth come alive. Exporting we are the Number One Energy producer in the world and soon it will be by far with a couple of pipelines that have not been able to get approved for many years. Could be the largest site in the world for oil and gas. Ronald reagan was not able to do it. They have been trying to do it since before ronald reagan. We are the Number One Energy pr