as director of lectures and seminars, it's my privilege to welcome everyone to the louis lerman auditorium and of course welcome those that joined on the heritage of.org website as well as those who will be joining us on c-span on a future occasion. we do ask everyone in house to make that courtesy check that sells phones have been turned off as we proceed. always good that the speaker does that especially. [laughter] and we will post the program within 24 hours on the web site for everyone's future reference. hosting the discussion this morning and introducing the special guest is make, a policy analyst in the thomas wrote institute for economic policy studies. he focuses on energy, environmental and regulatory issues and he also examines energy prices and other economic effects of an environmental policy and regulations, particularly looking at climate change or cap-and-trade legislation, and he articulates of course the benefit of the free-market environmentalism. he's appeared on many radio programs locally as well as serving as an associate for the charles cook charitable foundation p