And alters the earths climate. Yet, scientists tell us more of the Carbon Pollution thats been emitted into the atmosphere has occurred hearing in 1988. 2007 been in Congress Since and weve done some good things since then. We raised auto efficiency standards. Supported the dramatic expansion of wind and solar power. The kind ted to fund of Climate Resilience to protect the places that we know and love. Enough, not by a long shot. Piece ed our first major of climate legislation in 10 years. 9, partisan vote sent h. R. Climate action now, to the action. Here it awaits that bill takes a commonsense approach of keeping the united paris climate agreement. Because the u. S. , we shouldnt back down. Shouldnt surrender. Not in the face of the Climate Crisis. To take bold action now. Now. F 70 of young people in america say they worry about Climate Change. I dont blame them. Theyre doing more than paying class. On in science this generation is the most wellinformed and connected in history, an
Chairman engles joining us. Were here joined by the select committee on Climate Crisis and an esteemed panel of witnesses for this hearing leading to the next generation on the global Climate Crisis. I know a few of our witnesses have a hard stop at 11 30 in order to get to their next event advocating on these issues. Ill just ask that all members keep their questioning to five minutes or less so we can fit in as many members as possible. Without objection all the members may have five days to submit statements, questions, exrainious materials for the record, subject to length limitation in the rules and id just like to call on the chairman of the full committee to who has a few words to offer. Chairman engel. Good morning, everyone. I just wanted to invite everyone to come to the Foreign Affairs committee, and by the looks of it youre all here. I want to welcome everybody. Climate change is certainly something that is so important, and the aggravating thing about it is that there are
From the start. Global uncertainty the most important issue for their markets as jackson hole discusses threats to growth. An hong kong protest take an ominous turn. Place drug guns and fire a shot, as demonstration turned violent again. Shery lets get started with a quick check of markets. U. S. Futures at the moment plunging 1. 1 heard this after we ended the regular session friday and President Trump escalated the trade tensions against china, saying he will boost tariffs. This coming after chinas retaliatory tariffs. On friday we saw a negative sentiment across markets. The dow falling 600 23 points, the s p 500 lower by tack and Technology Energy stocks. After chairman Powell Comments at jackson hole which raised speculation now about the fed potentially easing more in the coming months. That felt 3 . Continue to see these fears of recession. Two 10 yield curve. We saw the three 10 yield curve. We are seeing that anxiety play out in the markets. Lets see how things are playing sha
And fibers of the security and National Threat concerns. This subcommittee hearing is an hour and 20 minutes. This hearing will come to order. Without objection the chair is authorized to declare a recess at any time, welcome to todays hearing, the future of electricity delivery modernizing and securing our nations electricity grid. I want to thank our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but ive read some history, what was like to build the electric grid a century ago. We couldnt of imagine the technologies we use to power our homes and businesses today. The real challenge was extending power itself in every form of our society and there was a challenge that those providing power make money in the cities in well Populated Areas with business and commercial opportunities, with electric the government made a basic deal, we would provide an a monopoly over providing power and a lot of these areas, firms would make a lot of m
All right. This hearing will come to order, without objection the chair is authorized to declare recess at any time. Good afternoon, welcome to todays hearing. The future of electricity delivery, modernizing and securing our nations electricity grid. I want to thank all of our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but i have read history about what it was like when we first started building the electric grid over a century ago now. I dont think we could have imagined the technologies that we would use to power or homes and businesses and hospitals and everything today. And i think the challenge is different, you know, back then the real challenge was just extending power itself throughout every corner of our society, and there was a challenge which was that those providing power knew they could make money in the cities in well Populated Areas in places with a lot of business and commercial opportunities, but it was not as p