Costs of the new appliance . I would say that these standards have very different affects on different households based on some of the characteristics i mentioned and also some that i state as well in my written testimony. For instance, if you live in texas, maybe its more benefit for you to have an Efficient Air conditioner but do you care how efficient your furnace is . In that case you may not save money by getting an efficient furnace. So i would say that different situations geographical area would have an impact on it . Absolutely. And you indicated the use of the product, obviously, would have an impact on it. And you mentioned, i think, some elderly people who maybe use it less would have less benefit from it as well, is that correct . That is correct. And the Department Notes that in its analysis. So all of us make comments about, oh, this is going to save money and so forth, but it certainly is possible in many instances, i would assume, that lowincome people and elderly are
Winning documentaries at student cam. Org. Industry leaders testified about proposed Energy Efficiency rules for Household Appliances at a house energy and commerce subcommittee hearing. They talked about the possible effect of regulations on Consumer Prices and efficiency of large appliances, including dishwashers, re refrigerators and washing machines. This is two hours and 10 minutes. Like to call the hearing to order this morning. And im going to thank our panel of witnesses for being with us. Im going to introduce you right before we right before you give your Opening Statements and ill introduce you individually at that time. I would like to recognize myself for five minutes for an Opening Statement. Todays hearing is entitled Home Appliance energy firsefficiency standards. Since 1987 weve had energy efficience standards for certain appliances. It came about because back in 1975 there was a federal Energy Policy act that established that format. The Reagan Administration was sued
With that, mr. Chairman. Actually that process that youre describing used to be used by the department of where manufacturers wouldan opportunity to test a product under a new standard or to even employ a new Test Procedure before you could determine whether a standard was appropriate. But what weve seen in the last several years is because so many rulemakings are going on at the same time, that d. O. E. Has not been able to go through this very thorough process of lets do a Test Procedure and make sure that works, a test can be repeatable and reproducible before we set a standard. So that companies can see if you can test a product. Its very manufactures spend an enormous amount of resources on compliance to these standards. The testing is very complicated. These products are more sophisticated than they used to be, so you want to get that right. You dont want to mess that up. And whats happened is the process has become con flate and its very difficult conflated and its very difficul
Princes home in minnesota. Good morning, im vai sikahema. As music vans mourn the death of prince, were learning more about the details for the search for answers. Medical examiners will conduct an autopsy on the music legend today. A minnesota sheriff said deputies called princes compound yesterday, found prince unresponsive in an elevator. Medical personnel tried cpr but could not revive him. A source with direct knowledge of the events tells nbc news that last friday, princes flight from atlanta to minneapolis was diverted to illinois because of an unresponsive male of the plane. Natalie morales has more from minneapolis. Purple rain purple rain overnight, a sea of purple for prince. I cant believe hes gone. Heartbreak and disbelief. I have a really hard time understanding that hes dead. I was blown away by how much talent he had. The music icon found dead thursday in an elevator at his minnesota home. He was just 57 years old. Person down, not breathing. Police have released view d
We tell you how to indulge in retail therapy. A billionaire brawl in sydney. A billionaire street fight involving the richest men in australia. With a more tricky situation. Ahead of the strategy meeting later this week. Lets see what is going on. We will be joined by the analyst, jonathan. The least. Ng, to say really disappointing. Yes. A mixed bag. Fixed income may be down 20 and they are also suggesting that. Jp morgan suggested that 1520 down is the running rate. It looks like they have figures wrong and could cut costs. The ratio is going the wrong way. Free easygoing. Is the realhat problem. Absolutely. The underlying business of the sales provisions are better and the margins are holding up, mostly. You cannot get past this issue. 15 versus 40 is a big spurt. That in the strategy. They will be prepared to talk about what they are doing with the business and which area is being cut back. Cut costs equity. So, it is important day and i think, more than ever. In terms of Investmen