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energy security

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Extreme weather and climate events such as storms, floods, droughts and wildfires visibly impact not only our communities and livelihoods, but also our resources and related infrastructure. In its latest report, U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather, the U.S. Department of Energy (DOE) warns that domestic energy supplies are likely to face more severe disruptions given rising temperatures that result in extreme weather events. The report accurately outlines the risks climate change poses to the energy sector in the United States and serves as a wake-up call on this critical issue, which I highlighted in my testimony before the Energy and Power Subcommittee of the House Energy and Commerce Committee earlier this year.

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As the Year of the Rabbit approaches, President Hu Jintao is preparing to pay his first official state visit to the United States in five years to meet with President Barack Obama. Relations between the two major countries were mixed in 2010, with brighter spots arriving late in the year.

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Merrill Lynch’s automotive research team, in collaboration with World Resources Institute’s Capital Markets Research team released a report this week titled Energy Security and Climate Change: Investing in the Clean Car Revolution.

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The oil and gas industry will confront two major environmental issues in the coming decade-the prospect of policies to combat climate change and constrained access to oil and gas reserves.

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The report serves as a guide to sorting out the benefits of controlling greenhouse gas emissions, not only in reducing the risks of global warming, but in cutting air pollution and enhancing national security as well.

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