majority just to be clear solar is not that still more expensive and robert murphy with the institute for energy research says that according to the federal government's predictions even by the year two thousand and fifty seventy eight percent of the u.s. is electricity will likely still be made up of fossil fuels wind suffers from intermittency issues so there are certain areas where niches a wind source can be very effective but in general you know there's only certain areas where the wind blows more than one point seven million solar energy systems are installed nationwide with a capacity of over forty gigawatts and solar energy industries association estimates that one megawatt of electricity can power one hundred sixty four homes so forty gigawatts is reportedly enough to power more than six and a half million u.s. households but whether we're noble or more traditional sources of energy like coal murphy believes the federal government shouldn't be in the business of picking winners and losers in the energy sector i've been consistent on that i don't think that the obama administration should have be

being the majority just to be clear solar is not that still more expensive and with the institute for energy research says that according to the federal government's predictions even by the year two thousand and fifty seventy eight percent of the u.s. is electricity will likely still be made up of fossil fuels wind suffers from intermittency issues so there are certain. areas where niches a wind source can be very effective but in general you know there's only certain areas where the wind blows more than one point seven million solar energy systems are installed nationwide with a capacity of over forty gigawatts and solar energy industries association estimates that one megawatt of electricity can power one hundred sixty four homes so forty gigawatts is reportedly enough to power more than six and a half million u.s. households but whether noble or more traditional sources of energy like coal murphy believes the federal government shouldn't be in the business of picking winners and losers in the energy sector i've been consistent on that i don't think that the obama administration should have been fa

for the energy expert at the german institute for economic research think is much thank you . a poll for the times newspaper shows that a majority in britain now favor a second referendum on breaks it this as the european union's chief breaks of negotiating michel barnier ruled out allowing the u.k. to collect a customs duties on the e.u.'s behalf a key u.k. proposal for post breaks a trade. that could threaten the u.s. customs union and other key policies britain is set to leave the bloc next march that would deal needs to be in place by october to give national parliaments enough time to ratify. and your emissions test for cars is causing massive delays folks one plans to throttle back production of some models on the carmakers being forced to stockpile vehicles that cannot be sold because they're still waiting to be tested fortunately berlin has one place they can go. this b. w. car park is full of its new cars waiting for approval the delivery of up to two hundred fifty thousand cars could be delayed and v.w. is even renting parking space to stockpile them. they have plans

that energy expert at the german institute for economic research speaking to me there. a new emissions test for cars is causing massive delays and plans to throttle back production of some models and the car maker is also being forced to stockpile vehicles as cannot be sold because they are still waiting to be tested unfortunately berlin as one place they can go. this b.t.w. car park is full of its new cars waiting for approval the delivery of up to two hundred fifty thousand cars could be delayed and v.w. is even renting parking space to stockpile them. they have plans to use palin's new airport that hasn't yet opened all the company's own testing grounds costs are said to be in the millions. b.w.'s testing its cars around the clock against the new w l t p standard this new emissions test takes three times longer than the old one. we've been preparing intensively for this for two or three years v.w. in particular is just the sheer number of vehicles that's a problem we have to recertify about two hundred models before the deadline it's a huge undertaking. of the two hu

just wanted to share a few things that i have learned, recent poll conducted by the institute of -- for energy research found that a resounding 5% of responsibilityants agreed that we should not make energy more expensive. even more tellingly than that. when asked whether they trusted the federal government to spend the money from a tax on carbon missions wisely, 18%, only 18% of the respondants felt that they would. while 74% said that they did not feel that way. an overwhelming 73% of respondants agreed that the last thing we need is higher taxes or more bureaucracy. lastly, 85% of respondants fear that consirmse will wind up paying the cost associated with a tax or regulation. exactly what we have been saying. matter -- the fact of the matter is, mr. speaker, the american people remain profoundly skeptical of government intrusion into the free market. and like i said before, a carbon tax would be wrong for our nation. i reserve my time. the speaker pro tempore: the gentleman from massachusetts. mr. mcgovern: i yield two minutes to the gentleman from pennsylvania, mr. cartwright. the speaker pro temp

the head of energy and transportation of the german institute for economic research is dismissing presidentriticism. he says his remarks are pitch to sell u.s. gas to europe. the trump administration says it is working to comply with the deadline to reunite all 100 migrant children under the age of five who are forcibly celebrated -- separated from the parents. they still have to do 3000 older kids by july 26. those involved in the senate bill designed to prevent separation, say they have to get more information and nothing is imminent. global news, 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm mark crumpton, this is bloomberg. back to the sun valley conference in idaho where and hammond is with a major player in the managed care industry. ed? >> thank you. that's right. i'm here at the chairman and ceo enteen. i feel bad, you could be out white water rafting with mark zuckerberg. thanks for joining us. [laughter] >> this is safer. >> if england wins the world cup and my mood turned sour, it may not be that

director of the american institute for economic research and christy i have the tech trader fund thanks to both guys appreciate it thank you. and changes in the air in the energy sector. as the toll of the biggest independent global oil trading firm is making a two hundred thirty million dollar investment in the european wind farms the toll deploy those financial resources on for specific projects via their d.l.c. renewables unit in a partnership with investment firm low carbon of london the deal's a sequel to last year's partnership between the two companies on two large scale battery development projects that at roughly two hundred billion dollars the vitola investments team leader predicted to reporters that quote by twenty twenty five almost twenty seven percent of european electricity will be generated from wind and solar with one hundred eighty billion dollars in revenue for twenty seventeen be told joins a growing list of corporations heavily invested in greenhouse gas generating fossil fuels who are switching their long term bets time now for a quick break but stick around because when we return are to the taj a sweet joins us from los angeles to discu

foundation for the research institute and the holder campus associated with the university going and made the investment and the hard choices to make it possible for a new fuel self-centered clean energy manufacturing business to be on that site so it is not just r&d but also actual manufacturing happening on the site and it's not just that site but across our state. he led our state, bills rebuilt and -- public education, was a pragmatic leader getting us out of the recession, reduced unemployment and put us on a great footing in an inclusive way. he championed employment of people with disabilities and ended up the chairman of the nga being one of those practical state and local leaders that i think it's buyers are whole country. thank you for what you've done jack -- that i think inspires our whole country. thank you for what you've done jack and for being part of the since -- important discussion about the future bath of the democratic party going into -- path of the democratic party going into 2018 -- less than four minutes away from everlasting -- intellection with a lasting impact on our party going forward. you just have to look at the president's tariff trade war or supreme c

for this new research institute and this whole new campus associated with the university, going. nad the investments and the hard choices to make it possible for a new fuel cell centered clean energy manufacturing business to be on that site. it's not just r&d, it's actual manufacturing happening on the site and it's not just that site. it's across our state. he led our state rebuild and sustain our aaa bond ratings. was a pragmatic leader who got us out of the great recession, reduced unemployment and put us on a great footing. in an inclusive way, he championed the employment of people with disabilities, and ended up as the chair of the nga being one of those practical, capable, state and local leaders who i think inspires our whole country. thank you, jack, to what you've done and thank you for being so active and engaged today. and thank you for being a part of this important discussion which i view as the beginning of a very important debate about the future path of the democratic party. going into 2018 and 2020. we're here at a critical moment. less than four months from an election that will have a lasting impact on our party and our country moving forward. you only have to

the national center for public policy research received at least $445,000 from exxon and at least $300,000 from koch-affiliated groups. the energy and environment legal institute here's another beauty. received at least $500,000 from koch-affiliated groups. energy and environment legal institute, by the way, is a particularly creepy group whose function is actually to harass legitimate scientists. that is actually what they do. another super classy group. you can understand why they would all want to be affiliated with them. the western energy alliance, an oil and gas industry trade association. the group's website promises its fossil fuel members that it will, quote, actively influence regulatory actions and legislation on behalf of your business. end quote. no mystery who's behind this group,s about, as usual, -- group, but, as usual, funding details are hidden. the cornwall alliance. the cornwall alliance funders are secret, and when i tell you a little bit more about it, you can see why they would want to be secret. but i can tell you have -- you i have seen this bogus front group showing up on the odd ball fringe with other front groups funded by big oil.