Cspan is your unfiltered view of government. We are funded by these Television Companies and more, including cox. Homework can be hard. But squatting in a diner for internetwork is even harder. That is why we are providing low income students access to affordable internet, so homework can just be homework. Cox, along wh these other television providers, giving you a front row seat to democracy. House Speaker Nancy Pelosi is in egypt for an International Climate change conference. She, along with her democratic colleagues, spoke to reporters on strengthening Global Partnerships and ways the u. S. Can address Climate Change. To do so in a way that is safe and secure for the globe and the world. We are honored to be here, i am very honored to be here with such a distinguished delegation. We will hear from some of the chairs of our committee and willig knowledge them at that time. I also want to recognize other members of our delegation. Members who have served on the select committee addressing the Climate Crisis and other goals on climate. Congresswoman of the state of oregon, congresswoman congresswoman Chellie Pingree of maine. Congresswoman of oregon again. I heard their tears of our committee. I heard the cares of our committee. It is a joy for us to come at this time. As the congress of the United States and a couple of months ago, legislation was so historic. The ira, the Inflation Reduction Act has been part of this conversation. We spoke to parliamentarians from around the world. It is a recognition that the Inflation Reduction Act has made a significant difference and will make a significant difference. When we have spoken about climate, we talked about health care and this legislation is about that, health care. A way that is just and fair. In a way that takes good paying jobs in a way that is just and fair and inclusive we talk about security and away way we improve the situation to prevent mass migrations and we talk about habitat and resources. This is gods creation and we have a moral responsibility. Even if you do not share that religious view we know we have a moral responsibility to our children. I will close by saying as we have discussed this issue for decades, many of us, it has always been about survival of the planet, survival of the Vulnerable Countries and the rest. We want more than survival, we want more than success. With our legislation we have crossed a threshold of transformation. We wanted to be transformative in the lives that will come from that but also share that with the rest of the world. We know there is much more that needs to be done. What we accomplish with the Inflation Reduction Act is something that has never been done before in our country or any other country. I salute our president because it was part of his agenda addressing the Climate Crisis and at our justice and fairness and inclusiveness and diversity. It is contained in our rescue package, contained in the bipartisan infrastructure bill, 60 billion for diversity and equity and inclusiveness. It is in the chip sacked in terms of research in science and Stem Education for everyone. Diversity, inclusion, equity, fairness, and all of the legislation we passed. I want to particularly acknowledge that, which ended the burn pits cross that our soldiers were bearing. In every way the president has said when we do this we want to do it right and to do it right we have to listen to those. I salute the president. I also want to salute the chair of the select committee and the Climate Crisis. If the Committee Members are here. It was the basis for the Inflation Reduction Act. Ideal to kathy. Good afternoon. I am the chair of the House Select Committee on the Climate Crisis. Very honored to be representing the United States of america along with my colleagues, including the champions, the climate champions from our Climate Committee who have already said i have to recognize them again. They really were part of a historic effort in United States of america that started way back , but came to the for a couple of years ago with the broad outreach effort, listening first to the scientists who said we must act now. We are in a climate emergency. We are running out of time to address the Climate Crisis. It culminated in solving the Climate Crisis action plan that and how the United States of america could tackle the Climate Crisis. It did become the our historic climate law. And the jobs act and the infrastructure act and additional action through the National Defense act and our appropriation bill. We have to keep working in every thing that we do. The Inflation Reduction Act in particular allows us to meet president bidens goal of cutting climate pollution by 50 by 2030 and it keeps us on track of getting to not zero as soon as possible and no later than 2050. When you reflect upon this last term of congress. These last two years, with president biden. The strongest speaker in the history of the house of representatives. The climate package that did not get through the senate up the time. Our moral obligation to act. It cuts pollution. We hope it can be a model across the planet to act. It creates jobs and the addresses we were just hit by another hurricane. The floods in nigeria here on the content of africa. These are expensive and they commented time when we are dealing with global inflation. Exacerbated by putin unprovoked aggression on ukraine that has exacted its toll and is raising costs for everyone. It is clean affordable energy. The Inflation Reduction Act the time is to implement lower cost for everyone. The president has pledged to quadruple climate funding. Here in the house of everyone we have passed 3 billion to keep our promise to follow president bidens leadership. We also intend to do more when it comes to enhancing efforts through public and private finance through the world bank, through modernization of the imf. For what we do year after year in the peace corps. Through building these partnerships that will support our allies in all countries across the planet to meet our moral obligation. I also want to salute the special convoy john kerry. I hope other countries will join what americans tried to lead on including the green shipping challenge, the First Movers Coalition the african adaptation initiative. So that we can meet this moment. It is it historic moment. We hope it will help us build momentum to cut costs for everyone and cut solutions and meet our moral obligations to save the planet. Thank you madam speaker. Nancy pelosi i go to the distinguished chair of the energy and Commerce Committee that has tremendous jurisdiction over everything. In terms of the meeting that we were at today, i want to thank him for his leadership and lead to him. Let me just thank kathy and the members of the special committee for all that you have done over the last three years. To initiate so much of the Climate Action that we are so proud of. I just want to say, at previous conferences when trump was president and he was trying to take us out of the Paris Agreement and i was so proud to see that nancy pelosi lead a delegation to make the point that the United States was very much in this and today it is very easy to make that point because of the Inflation Reduction Act, the Inflation Reduction Act, the United States continues its commitment with our Global Partners in the fight against Climate Change and we are here to reaffirm our determination to accelerate our true transition to a more equitable future. In terms of the Inflation Reduction Act i want to make it clear. This bill was the single largest investment in climate and history. It cut in men pollution, established a Greenhouse Gas and the deployment of Green Technology across every sector of the economy. In conjunction with the bipartisan infrastructure law and the other things that have been mentioned, it has helped us to meet the climate targets set forth in the Paris Agreements. The president has already talked about methane pollution. I think most of you know that methane is one of the most dangerous of the Greenhouse Gases. What he is talking about today and he already put the summary out, the Inflation Reduction Act created all of these new tools to fight methane and other pollutants. What was in the Inflation Reduction Act was a tool to fight pollution and the methane at what he is putting forth today is a perfect example of that. Lastly i want to say we have to do more to achieve a clean, Sustainable Future. Regardless of what happens in the consequences of the last election, i want our partners to know that democrats are prepared any republican attempts to undermine these gains. They have made it clear they will push an extreme agenda that favors fossil fuel and corporate interest over the American People in democrats are here to make it clear that we will oppose any proposal that would got her weekend our hardwon climate achievements. Solving this problem requires Global Cooperation and we will not falter in our commitment to tackle the Climate Crisis. Thank you again madame speaker. Nancy pelosi thank you mr. Paul loan. He demonstrates the knowledge that was brought to bear in writing this legislation. Everyone was at the table. Environmentalist, environmentalist in labor, concerned scientists, farmers, venture capitalists, you name it , everyone was at the table so we had full knowledge of the ramification of one aspect or another of the legislation. Everything that is in the report is not on the bill. What is in the bill is so powerful thanks to the leadership of the chair of the ways and Means Committee, richie nail. Mr. Neil i can testify to the greatness of the speaker. You will frequently watch speakers in the house will save the world is watching. Well the world was watching and is watching and universally watching the legislation we wrote. We use incentives constructed in the policy to seek certain outcomes and we heard from john kerry, pop more, we heard from foreign leaders across the board that america spoke. What is striking about these 370 billion worth of tax incentives is that it addresses the issue of risktaking. We reward the risktakers with sensible tax policy and we have applied what is known as attack expenditure meaning you invest into the tax system. They are still on the cusp, it will be hard to get over the goal line. The best way to do that is making sure that those stakeholders keep skin in the game is with tax policy. It is preferred to grant policy because tax policy you have to stick with it and that is what we did over a tenyear. I want to acknowledge mike thompson, they stayed with the construction of these incentives and the code. I want to point out that it strikes me that these claims that we have received here will also prompt the rest of the world that the risktaking in america is done. The most substantive authoring as relates to Climate Change has been done by the democratic party. We decided that we were going to receive these items were achievable and doable and we have reacted accordingly. Thank you to the speaker for continued confidence in all of us. I want to think the ways and Means Committee who put this legislation out and stayed with it. Tax policy does two things, it will bring aboard advocates and it will bring aboard resistance. We were able to achieve what the advocates desired in this instance. Nancy pelosi as you were speaking i was thinking of the process everyone went through and thinking america is such a blessed country. At the table and in the discussions, we have been blessed by the contributions made by our native american constituents, they know the land. They think generations ahead. We could not have possibly done it without their involvement. With that i want to yield to distinguished chair of the Foreign Affairs committee, well he will tell you what he wants to talk about. Thank you for your leadership. I want to join my colleagues and thinking you for making sure that climate is always on our minds. Even after we were pulled out of the Paris Agreement by the former president. You never stopped, you never lost the vision. You taught all of the sky that is why we have such a large delegation, to make sure that Everybody Knows the United States of america is back at the table. That is what took place. We are here today following the commitments that were made at cop26, its taking place here at cop 27. Since then, the United States has taken concrete insignificant cop26, right after that commitments were made. Significant steps were taken and most significantly, the passing of the Inflation Reduction Act, the most significant climate legislation in our nations history. I am proud as chair of the house of the Foreign Affairs committee , we began to hold a number of things on the Climate Crisis informing the American People and the world on our work. We worked with the state department to support initiatives that affect Climate Change. We have advocated more resources to assist the developing world and avoid dependency on fossil fuels and their voices are heard and at the table. We have worked to shine a light on the consequences and listen to indigenous groups who often contribute the least to Climate Change and are the most vulnerable to its impact. Just last week i led a delegation to the pacific islands, to palau and Papua New Guinea where we saw firsthand the costs that indigenous communities phase from Climate Change and how they have affected their ability to withstand storms and put food on their table. Lastly of course russians invasion of ukraine has only underscored our overreliance on oil and gas and our need to find cleaner Energy Sources independent of oil and gas. Clean energy is not only necessary for mitigating Climate Change, it is a requirement for energy independence. I am grateful again to join the delegation along with Speaker Pelosi to make sure that the word goes out that we are going to save this planet. We will not be silent. We will follow up on our commitment and make sure the voices of all indigenous and Vulnerable People are heard and worked together to make sure this place we call earth, there is one place we all share, this planet and we have to Work Together to make sure we have something for all of us. Nancy pelosi i want to yield to the chair of the subcommittee on appropriations and foreign operations. Barbara, i just have to say, we have been given a five minute warning for the room. Thank you madam speaker. I want to thank you for your tremendous leadership once again on the world stage. Your unbelievable understanding what Global Leaders need. And also to our delegation into her chair kathy castor First Showing what we can do as democrats, especially with the Inflation Reduction Act and with every meeting we have people under understand the impact of Climate Change. Thank you very much for that. Very quickly, last year, at cop26 in glasgow, the president enacted the most significant climate acts in history. As chairman of the subcommittee on basepoint operations i am committed to furthering these gains and goals. The president is putting forth his pledge to achieve our goals before the scheduled date. 1. 6 billion and the International Green climate fund. To reduce emissions and to fight Climate Change. It is so important, we are here on the continent of africa, we return to developing countries and we have met with ngos and so much of what we heard and learned here we also have happening in the United States. Putting together an entire strategy is so important to the developing world that the developed world live up to our commitments. I want to think the speaker for keeping us on track. Back in my home state in the speakers home state of california we are already seeing the effects of the Climate Crisis and the forms of droughts, wildfires, floods that have devastated entire communities. The United Nations has said we could still preserve a Sustainable Future for future generations but that window is closing fast. We must Work Together, follow through on our commitments and change the collective trajectory. Thank you again madame speaker and we look forward to getting our bill negotiated and investments made this year through the appropriations process. Nancy pelosi thank you for your leadership. In closing i want to think the government of egypt and the president and foreign minister for hosting cop 27 in doing so with the theme of africa as well because we learned so much from this continent and where we go from here. We want to be able to think of the multilateral development. And mr. Neil talking about the private sector taking a piece of it so whatever resources we get can be leveraged to a much greater amount so we can help these countries so they dont have to use their money and have an opportunity to use it for food and education for their children. As we listen very carefully to the vulnerable nations and their members of parliament on how we can Work Together as we go forward. We have left incrementalism in the dust. This is about transformation. We hope that this cop 27 will be the threshold that we all cross to remove all doubt that we are as a world serious about saving the planet for the children in doing so that those who are affected most and receives the most environmental justice, Economic Justice to the issues that we encounter as we address this. Do we have time for one question . Ok, did you decide, yes sir. Right there. There we are. In terms of saving the planet it is a very close one but our relationship is 100 years old and it is one that is strong. In areas of security, areas of harmony we have a close relationship with egypt. Again, jimmy carter i heard from him the other day. I remember the 10 days of accord which are important to security in the region. We have a Good Relationship with egypt and we had a good visit with the president. We are friends and friends can be we will leave this program here but will take you live to the university of chicago, where liz cheney of wyoming is set to