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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, Natura ....
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 undertaki ....
Publisher investigation is underway in the United Kingdom after the bodies of 39. 00 people were found in a container truck with more on this and the rest of the news from europe lets cross to mary in the mozzie in our london news center. Yes thank you stan britains Prime MinisterBoris Johnson has pointed the finger at people traffic has off the bodies were found in a truck which had just arrived in the Country Police are now trying to track where it came from the discovery was made when the lorry was parked in the town of grays east of london from where paul brennan now reports. The circumstances of the grim discovery are still uncertain ambulance paramedics were the 1st to be called to the scene the police wont reveal who it was who raised the alarm but it was imm ....
States attorney general has accused the oil and gas giant of misleading investors about the costs of climate regulation to his business the lawsuit argues that exxon systematically minimize risks associated with Climate Change when evaluating new projects analysts say that if the company had been transparent about the Financial Impact of Government Action to limit Global Warming investors would have forced exxon to invest less in fossil fuels. Now lets get more from our financial correspondent chelsea than any chances several u. S. States and cities have tried to bring these Climate Change cases forward most of them have failed in court what is different about this particular case. Well the previous cases ....