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Good morning. The committee will come to order. A little bit unusual to be here that Convention Center for an energy hearing. But i think it is certainly appropriate given the subject matter that we have today. I certainly didnt mind the short commute over here. But it is a great setting to be at the auto show, surrounded by the latest and the great the Auto Industry has to offer. Im joined this morning with vice senator stav no from the great state of michigan and she as if krjed me that while the washington ought so show is good, the detroit ought so show is great. So that might be the locale for our next field hearing next year on this same subject. I appreciate you standing in or sitting in for senator cantwell, our Ranking Member on the committee. I understand senator mansion will also be with us but he is enjoyin ....
The obvious infrastructure deployment requires the expectation of a healthy return on capital. That should be taken as a given but all too often in my experience the issue of return on capital is either ignored or misunderstood in policy forums. Its not a matter of whether a business is or isnt profitable. It is instead a matter of whether a business is sufficiently profitable to warrant the high levels of Capital Investment required for the deployment of infrasfrur. We that in mind, in 2014, the Largest Companies in the cable industry earned a very healthy return. The physical assets of comcast, time warner cable, charter and cablevision, the four publicly traded Cable Operators in 2014 all earned healthy returns in excess of their cost of capital with returns ranging from 13 to 33 . Those returns were unusually ....
Conditions that will be on the offering warm side. James temperatures that are in the triple digits that is going to be very uncomfortable if not dangerous for a lot of people those will be the hottest days this week you can see on the 7 day around the bay forecast once we get for wednesday temperatures will be maxed out about a hundred and four degrees. James hot weather will be on the headlines tuesday wednesday thursday today is finding get out there and enjoyed it will be really nice smile they for the next four or five days you could see it would not be until the end of the week as we head into the weekend to get back down to something a little bit more comfortable into low 90s but we have on my story they shot a really hot temperature 102 for the inland valleys on tuesday 1 04 on wednesday and at the close of theyre talking about seventies and 80 degree weather out by the bay as well be ready for explore this in more detail. James we have really dangerous weather ahead is a great ....
The week in parliament. A controversial bill that turns all eu law into british law has passed its first parliamentary test but the battle is far from over. It actually represents the biggest peace time power grab by the executive over the legislature, by the government over parliament, in 100 years. The government rejects accusations that it is riding roughshod over the democratic process. The government of the day must have a realistic opportunity to make progress with its business through the house. The motion that the house is being asked to agree today guarantees that the party with a working majority is able to do exactly that. And for mps worried about a government power grab, theres a lesson in how to tame the executive. I am no friend of the front bench. I thrash them and i lash them thwack, thwack, thwack on a regular basis but first, mps voted on the eu withdrawal bill in the early hours of tuesday morning. A strange time of day to be making big decisions, but the timing pro ....