Trying to figure out. Did you guys get in trouble . They sent you down at the other end of the table. Everyone is together, but youre down at one end. Listen, were going to get started. The subcommittee hearing will come to order without objection, the chairs authorized to declare recess in the committee to any time. This briefing is an extension of several hearings we have had discussing Climate Change. And on the current Economic Impacts of global warming. Im going to differ in the Opening Statement for myself and i know when we spoke earlier, in the holding area, i mentioned the fact that we would be hopefully trying to do a hearing, in fact, this is a briefing, we do have time for your Opening Statements, so, what i would like to do is to afford each of you the opportunity to do so. So, let me introduce the four of you and then we will move to you, mr. Gomez. We have alfredo gomez, director of National Resources and government accountability, office dave, joness new director for en
Several hearings we had discussing Climate Change focusing on current, future and Economic Impacts. I will defer to the Opening Statement for myself. When we spoke earlier in the holding area, i mentioned the fact that we would hopefully do a hearing. We do have time for your Opening Statements. What i would like to do is afford each of you the opportunity to do so so let me introduce the four of you and move to you, mister gomez. We have j. Alfredo gomez, Government Accountability office come a dave jones, senior director for in my mental risk and Nature Conservancy, institute for Economic Freedom and the heritage foundation, doctor Michael Michael greenstone, Milton Friedman, from the university of chicago and Stephen Benjamin mayor of the city of columbia, South Carolina. With that, director gomez, you are recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here to discuss how to limit the federal governments exposure by better managing Cli
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