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Date Title Politician
March 25, 2024 Chairman Whitehouse Responds to Committee Republicans’ Complaints, Details How Climate-Related Economic Risks Discussed in Committee Hearings Are Already Beginning to Occur Sen. Sheldon Whitehouse
March 20, 2024 Whitehouse: Climate Change is Threatening the Outdoor Recreation Industry Sen. Sheldon Whitehouse
March 11, 2024 -9999 Sen. Jack Reed
March 11, 2024 Statements on Introduced Bills and Joint Resolutions Sen. Jack Reed
Oct. 30, 2023 Chairman Whitehouse's remarks, as prepared for delivery: Ranking Member Grassley and members of the Committee, in ten hearings so far this year, we've laid out serious risks climate change poses to the federal budget, to American families and businesses, and to the economy at large. Today's hearing will examine yet another threat posed by climate change: disruption of global supply chains, causing economic disruptions, product shortages, and higher prices for businesses and consumers--climate inflation. Our global economy relies on a network of interdependent supply chains. Its end products may be a simple soybean, or may--like this cellphone--comprise thousands of parts sourced from around the globe. Think of the interconnected systems that enable the production and distribution of a cellphone: the raw mineral extraction, the manufacturing of thousands of individual components, the assembly of those components into a single device, and the distribution of those devices worldwide. Supply chains support almost $20 trillion each year in global trade and are foundational to our everyday lives. Yet almost no one thought about them until the COVID-19 pandemic laid bare the fragilities in our system. Almost overnight, we saw how shocks can disrupt supply chains, triggering cascading effects both upstream and down. Just as the pandemic wreaked havoc throughout our supply chains, climate change is poised to do the same--only much more frequently. In fact, it has already begun. Already, we are seeing climate disruptions in the procurement of raw materials. At our hearing on climate change and the agricultural sector, there was bipartisan agreement that extreme weather is damaging crop yields and increasing food prices. Last year, Hurricane Ian devastated Florida's orange trees, driving up the cost of orange juice. Climate-fueled droughts and heatwaves made growing chicken feed more expensive, which contributed to higher egg prices. Drought and wildfires in Spain have cut olive oil production in half and catapulted prices to record highs. Hotter and drier climates are stunting cacao harvests and making cocoa--an essential ingredient in chocolate--more expensive than it has been in decades. The added costs of climate change now have a seat at kitchen tables around the world. Climate upheaval is also affecting supply of the critical minerals used in electronics. Extreme weather events threaten mining infrastructure, and it's estimated that 30 to 50 percent of the world's copper, gold, iron ore, and zinc are produced in areas that are now facing water shortages. Raw material scarcity, decreases in material quality, and higher raw material prices--all translate into harder-to-source components and higher prices for consumers. We're seeing similar climate-caused disruptions in manufacturing. In China last August, a record-breaking drought reduced hydropower production so much that factories lost power, crippling production of automobiles and electronics. In Puerto Rico in 2017, Hurricane Maria damaged or destroyed dozens of medical device factories. Outright destruction of manufacturing facilities is an immediate consequence of extreme weather, but heat stress or lack of water can also pause production. Most manufacturing facilities weren't built to endure the climate extremes and climate shifts we see today, and once-in-a-blue-moon disasters are now chronic. Transportation is experiencing similar climate-triggered disruptions. The Panama Canal is an essential link in our global supply chains. In 2022, more than 14,000 ships--$270 billion in cargo--passed through. But this year brought the worst drought in a century, and in August, water levels were too low for ships to pass. As a result, August wait times were four times what they were in June, with boats waiting as long as 21 days to pass. Things are still not back to normal. The drought persists, and daily transit limits are expected through the end of the year. The Mississippi River, which transports 60 percent of U.S. grain exports, is experiencing similar problems. For the last two years, extreme heat and drought have brought water levels dangerously low, limiting barge shipments and causing shipping costs to soar. Today, the cargo rate from St. Louis southward is almost 80 percent higher than the three-year average. CDP, one of the premier organizations quantifying the effects of climate change, has analyzed data from over 8,000 suppliers. They estimate that environmental risks in supply chains will cost companies $120 billion by 2026--costs companies will pass on to consumers in higher prices. As sea levels and temperatures rise and extreme weather becomes more frequent and more intense, the effects of climate change on supply chains will only get worse. Recently, the White House Council of Economic Advisors warned that climate change will make supply chain disruptions more common; that "as networks become more connected, and climate change worsens, the frequency and size of supply-chain-related disasters" will grow. More bottlenecks and backlogs. More delivery delays and empty shelves. Higher prices. Climate-driven disruption causing climate-driven inflation. Some of the economic threats we've warned of are crashes, that can hit suddenly and systemically--across the whole economy. Supply chain disruptions are more likely to cause local shocks, but nationally will erode buying power as prices rise. If you care about inflation, you'd better care about climate disruption. Sen. Sheldon Whitehouse
Oct. 25, 2023 Whitehouse: "If you care about inflation, you'd better care about climate disruption" Sen. Sheldon Whitehouse
Oct. 18, 2023 Whitehouse: Making Health Care More Efficient Will Improve Quality of Care, Reduce Costs Sen. Sheldon Whitehouse
Oct. 4, 2023 -9999 Sen. Sheldon Whitehouse
Oct. 3, 2023 Warren, Whitehouse, Van Hollen, Sanders Urge Treasury to Use Rulemaking Authority to Close Loopholes, Make Tax System Fairer Sen. Sheldon Whitehouse
Sept. 25, 2023 Warren, Senators Urge Treasury Department to Address Climate-Related Financial Risks Sen. Sheldon Whitehouse
Sept. 20, 2023 Senator Whitehouse: Economic Inequality Constricts Economic Growth and Undermines Economic Stability Sen. Sheldon Whitehouse
Sept. 19, 2023 Sen. Whitehouse Statement on House Republicans' Budget Resolution Sen. Sheldon Whitehouse
June 18, 2023 'This Week' Transcript 6-18-23: Former Gov. Asa Hutchinson and Sen. Sheldon Whitehouse Sen. Sheldon Whitehouse
June 4, 2023 SEN. WHITEHOUSE: MAGA REPUBLICAN HOSTAGE TAKING IS THE DEFINITION OF EXTREMISM Sen. Sheldon Whitehouse
April 26, 2023 Recognizing the Importance of the 70th Anniversary of the Signing of the Mutual Defense Treaty Between the United States and the Republic of Korea on October 1953 Sen. Sheldon Whitehouse
March 1, 2023 -9999 Sen. Sheldon Whitehouse
Feb. 16, 2023 Statements on Introduced Bills and Joint Resolutions Sen. Jack Reed
Feb. 16, 2023 -9999 Sen. Jack Reed
Feb. 15, 2023 Whitehouse: Costs and Economic Risks of Climate Change Are Piling Up Sen. Sheldon Whitehouse
Feb. 15, 2023 Chairman Whitehouse Statement on CBO Outlook Sen. Sheldon Whitehouse
Jan. 26, 2023 Strategic Production Response Act Rep. Seth Magaziner
Dec. 15, 2022 -9999 Sen. Jack Reed
Oct. 11, 2022 Reed and Inhofe Bring FY 2023 National Defense Authorization Act to Senate Floor Sen. Jack Reed, ...
Oct. 4, 2022 Letter to Joseph R. Biden, President of the United States - Senators Push Biden to Build on Inflation Reduction Act, Declare Climate Emergency Sen. Sheldon Whitehouse, ...
Sept. 21, 2022 Reed Helps Ratify Kigali Amendment to Combat Climate Change, Reduce Hydrofluorocarbons Sen. Jack Reed
Sept. 7, 2022 -9999 Sen. Sheldon Whitehouse
Aug. 24, 2022 Reed Backs Biden's Plan to Lighten Student Debt Burden & Pause Student Loan Repayments Through 2022 Sen. Jack Reed
Aug. 22, 2022 As Pell Grant Turns 50, Sen. Reed, Secretary Cardona, Salve Regina University & RI Leaders Celebrate Pell's Legacy, Reflect on Success of Pell Grants, & Seek to Restore Its Power by Doubling Pell Awards Sen. Jack Reed
Aug. 16, 2022 Reed: Signing of Landmark Inflation Reduction Act is a Breakthrough Victory for All Americans Sen. Jack Reed
Aug. 7, 2022 Whitehouse Votes for Historic Climate Legislation Sen. Sheldon Whitehouse
Aug. 7, 2022 Whitehouse Votes for Inflation Reduction Act to Lower Energy and Health Care Costs for Rhode Islanders and Bend Emissions Curve Sen. Sheldon Whitehouse
Aug. 4, 2022 Motion to Discharge Sen. Jack Reed
Aug. 4, 2022 Letter to Gary Gensler, Chair of the Securities and Exchange Commission - Brown and Reed Urge Greater Transparency in the Private Fund Market Sen. Jack Reed, ...
July 29, 2022 Reed Encouraged by Historic Agreement & Supports Moving Forward with Inflation-fighting Package Sen. Jack Reed
July 28, 2022 Reed Blasts Republicans for Blocking the Sergeant First Class Heath Robinson Honoring Our Promise to Address Comprehensive Toxics (PACT) Act Sen. Jack Reed
July 26, 2022 -9999 Sen. Jack Reed
July 22, 2022 Reed Leads Push to Lower Rx Drug Prices & Says U.S. Senate Should Pass Historic Reform Allowing Medicare to Negotiate Discounts Sen. Jack Reed
June 27, 2022 Letter to Deborah Haaland, Secretary of the Interior - Asking for Protection of Coastal Communities and Suspension of Further Expansion of Offshore Gas Leasing Sen. Jack Reed, ...
June 27, 2022 Letter to Deb Haaland, Secretary of the Interior - Merkley, Wyden Urge the Biden Administration to Protect Coastal Communities, Cease?Expansion?of?Offshore?Oil and Gas Leasing Sen. Jack Reed, ...
June 16, 2022 Reed Leads Key Panel in Advancing 2023 Defense Bill Sen. Jack Reed
June 14, 2022 Congress Passes Ocean Shipping Reform Act to Help Lower Ocean Shipping Costs & Fight Inflation Sen. Jack Reed
June 8, 2022 Whitehouse and Colleagues Introduce Clean Competition Act to Boost Domestic Manufacturers and Tackle Climate Change Sen. Sheldon Whitehouse
June 3, 2022 Letter to Joseph R. Biden, President of the United States - To Fight Inflation & Help Consumers and Businesses, U.S. Senators Urge Biden to Tap Diesel Fuel Reserve Sen. Jack Reed, ...
May 12, 2022 Baldwin, Warren, Schakowsky Introduce Bicameral Legislation to Crack Down on Corporate Price Gouging Sen. Sheldon Whitehouse, ...
May 9, 2022 Reed and Whitehouse Seek to Lower Rx Drug Prices & Limit Out-of-Pocket Insulin Costs to $35 per Month Sen. Jack Reed
April 8, 2022 Whitehouse, Reed, Warren, Sanders, Merkley Introduce Bill to Shield Americans From Sky-high Credit Card Rates Sen. Jack Reed, ...
April 7, 2022 Statements on Introduced Bills and Joint Resolutions Sen. Jack Reed
April 6, 2022 Letter to Joseph R. Biden, President of the United States - Senator Murray, Majority of Senate Democrats Urge Action to Address Child Care Crisis Through Reconciliation Sen. Sheldon Whitehouse, ...
March 10, 2022 With Gasoline Prices Sky High, Khanna, Whitehouse Announce Curb on Big Oil Companies Engaged in Profiteering to Provide Relief at the Pump Sen. Sheldon Whitehouse, ...
March 2, 2022 Reed Statement on President Biden's State of the Union Address Sen. Jack Reed
Date Title Politician
March 25, 2024 Chairman Whitehouse Responds to Committee Republicans’ Complaints, Details How Climate-Related Economic Risks Discussed in Committee Hearings Are Already Beginning to Occur Sen.Sheldon Whitehouse
March 20, 2024 Whitehouse: Climate Change is Threatening the Outdoor Recreation Industry Sen.Sheldon Whitehouse
March 11, 2024 -9999 Sen.Jack Reed
March 11, 2024 Statements on Introduced Bills and Joint Resolutions Sen.Jack Reed
Oct. 30, 2023 Chairman Whitehouse's remarks, as prepared for delivery: Ranking Member Grassley and members of the Committee, in ten hearings so far this year, we've laid out serious risks climate change poses to the federal budget, to American families and businesses, and to the economy at large. Today's hearing will examine yet another threat posed by climate change: disruption of global supply chains, causing economic disruptions, product shortages, and higher prices for businesses and consumers--climate inflation. Our global economy relies on a network of interdependent supply chains. Its end products may be a simple soybean, or may--like this cellphone--comprise thousands of parts sourced from around the globe. Think of the interconnected systems that enable the production and distribution of a cellphone: the raw mineral extraction, the manufacturing of thousands of individual components, the assembly of those components into a single device, and the distribution of those devices worldwide. Supply chains support almost $20 trillion each year in global trade and are foundational to our everyday lives. Yet almost no one thought about them until the COVID-19 pandemic laid bare the fragilities in our system. Almost overnight, we saw how shocks can disrupt supply chains, triggering cascading effects both upstream and down. Just as the pandemic wreaked havoc throughout our supply chains, climate change is poised to do the same--only much more frequently. In fact, it has already begun. Already, we are seeing climate disruptions in the procurement of raw materials. At our hearing on climate change and the agricultural sector, there was bipartisan agreement that extreme weather is damaging crop yields and increasing food prices. Last year, Hurricane Ian devastated Florida's orange trees, driving up the cost of orange juice. Climate-fueled droughts and heatwaves made growing chicken feed more expensive, which contributed to higher egg prices. Drought and wildfires in Spain have cut olive oil production in half and catapulted prices to record highs. Hotter and drier climates are stunting cacao harvests and making cocoa--an essential ingredient in chocolate--more expensive than it has been in decades. The added costs of climate change now have a seat at kitchen tables around the world. Climate upheaval is also affecting supply of the critical minerals used in electronics. Extreme weather events threaten mining infrastructure, and it's estimated that 30 to 50 percent of the world's copper, gold, iron ore, and zinc are produced in areas that are now facing water shortages. Raw material scarcity, decreases in material quality, and higher raw material prices--all translate into harder-to-source components and higher prices for consumers. We're seeing similar climate-caused disruptions in manufacturing. In China last August, a record-breaking drought reduced hydropower production so much that factories lost power, crippling production of automobiles and electronics. In Puerto Rico in 2017, Hurricane Maria damaged or destroyed dozens of medical device factories. Outright destruction of manufacturing facilities is an immediate consequence of extreme weather, but heat stress or lack of water can also pause production. Most manufacturing facilities weren't built to endure the climate extremes and climate shifts we see today, and once-in-a-blue-moon disasters are now chronic. Transportation is experiencing similar climate-triggered disruptions. The Panama Canal is an essential link in our global supply chains. In 2022, more than 14,000 ships--$270 billion in cargo--passed through. But this year brought the worst drought in a century, and in August, water levels were too low for ships to pass. As a result, August wait times were four times what they were in June, with boats waiting as long as 21 days to pass. Things are still not back to normal. The drought persists, and daily transit limits are expected through the end of the year. The Mississippi River, which transports 60 percent of U.S. grain exports, is experiencing similar problems. For the last two years, extreme heat and drought have brought water levels dangerously low, limiting barge shipments and causing shipping costs to soar. Today, the cargo rate from St. Louis southward is almost 80 percent higher than the three-year average. CDP, one of the premier organizations quantifying the effects of climate change, has analyzed data from over 8,000 suppliers. They estimate that environmental risks in supply chains will cost companies $120 billion by 2026--costs companies will pass on to consumers in higher prices. As sea levels and temperatures rise and extreme weather becomes more frequent and more intense, the effects of climate change on supply chains will only get worse. Recently, the White House Council of Economic Advisors warned that climate change will make supply chain disruptions more common; that "as networks become more connected, and climate change worsens, the frequency and size of supply-chain-related disasters" will grow. More bottlenecks and backlogs. More delivery delays and empty shelves. Higher prices. Climate-driven disruption causing climate-driven inflation. Some of the economic threats we've warned of are crashes, that can hit suddenly and systemically--across the whole economy. Supply chain disruptions are more likely to cause local shocks, but nationally will erode buying power as prices rise. If you care about inflation, you'd better care about climate disruption. Sen.Sheldon Whitehouse
Oct. 25, 2023 Whitehouse: "If you care about inflation, you'd better care about climate disruption" Sen.Sheldon Whitehouse
Oct. 18, 2023 Whitehouse: Making Health Care More Efficient Will Improve Quality of Care, Reduce Costs Sen.Sheldon Whitehouse
Oct. 4, 2023 -9999 Sen.Sheldon Whitehouse
Oct. 3, 2023 Warren, Whitehouse, Van Hollen, Sanders Urge Treasury to Use Rulemaking Authority to Close Loopholes, Make Tax System Fairer Sen.Sheldon Whitehouse
Sept. 25, 2023 Warren, Senators Urge Treasury Department to Address Climate-Related Financial Risks Sen.Sheldon Whitehouse
Sept. 20, 2023 Senator Whitehouse: Economic Inequality Constricts Economic Growth and Undermines Economic Stability Sen.Sheldon Whitehouse
Sept. 19, 2023 Sen. Whitehouse Statement on House Republicans' Budget Resolution Sen.Sheldon Whitehouse
June 18, 2023 'This Week' Transcript 6-18-23: Former Gov. Asa Hutchinson and Sen. Sheldon Whitehouse Sen.Sheldon Whitehouse
June 4, 2023 SEN. WHITEHOUSE: MAGA REPUBLICAN HOSTAGE TAKING IS THE DEFINITION OF EXTREMISM Sen.Sheldon Whitehouse
April 26, 2023 Recognizing the Importance of the 70th Anniversary of the Signing of the Mutual Defense Treaty Between the United States and the Republic of Korea on October 1953 Sen.Sheldon Whitehouse
March 1, 2023 -9999 Sen.Sheldon Whitehouse
Feb. 16, 2023 Statements on Introduced Bills and Joint Resolutions Sen.Jack Reed
Feb. 16, 2023 -9999 Sen.Jack Reed
Feb. 15, 2023 Whitehouse: Costs and Economic Risks of Climate Change Are Piling Up Sen.Sheldon Whitehouse
Feb. 15, 2023 Chairman Whitehouse Statement on CBO Outlook Sen.Sheldon Whitehouse
Jan. 26, 2023 Strategic Production Response Act Rep.Seth Magaziner
Dec. 15, 2022 -9999 Sen.Jack Reed
Oct. 11, 2022 Reed and Inhofe Bring FY 2023 National Defense Authorization Act to Senate Floor Sen.Jack Reed, ...
Oct. 4, 2022 Letter to Joseph R. Biden, President of the United States - Senators Push Biden to Build on Inflation Reduction Act, Declare Climate Emergency Sen.Sheldon Whitehouse, ...
Sept. 21, 2022 Reed Helps Ratify Kigali Amendment to Combat Climate Change, Reduce Hydrofluorocarbons Sen.Jack Reed
Sept. 7, 2022 -9999 Sen.Sheldon Whitehouse
Aug. 24, 2022 Reed Backs Biden's Plan to Lighten Student Debt Burden & Pause Student Loan Repayments Through 2022 Sen.Jack Reed
Aug. 22, 2022 As Pell Grant Turns 50, Sen. Reed, Secretary Cardona, Salve Regina University & RI Leaders Celebrate Pell's Legacy, Reflect on Success of Pell Grants, & Seek to Restore Its Power by Doubling Pell Awards Sen.Jack Reed
Aug. 16, 2022 Reed: Signing of Landmark Inflation Reduction Act is a Breakthrough Victory for All Americans Sen.Jack Reed
Aug. 7, 2022 Whitehouse Votes for Historic Climate Legislation Sen.Sheldon Whitehouse
Aug. 7, 2022 Whitehouse Votes for Inflation Reduction Act to Lower Energy and Health Care Costs for Rhode Islanders and Bend Emissions Curve Sen.Sheldon Whitehouse
Aug. 4, 2022 Motion to Discharge Sen.Jack Reed
Aug. 4, 2022 Letter to Gary Gensler, Chair of the Securities and Exchange Commission - Brown and Reed Urge Greater Transparency in the Private Fund Market Sen.Jack Reed, ...
July 29, 2022 Reed Encouraged by Historic Agreement & Supports Moving Forward with Inflation-fighting Package Sen.Jack Reed
July 28, 2022 Reed Blasts Republicans for Blocking the Sergeant First Class Heath Robinson Honoring Our Promise to Address Comprehensive Toxics (PACT) Act Sen.Jack Reed
July 26, 2022 -9999 Sen.Jack Reed
July 22, 2022 Reed Leads Push to Lower Rx Drug Prices & Says U.S. Senate Should Pass Historic Reform Allowing Medicare to Negotiate Discounts Sen.Jack Reed
June 27, 2022 Letter to Deborah Haaland, Secretary of the Interior - Asking for Protection of Coastal Communities and Suspension of Further Expansion of Offshore Gas Leasing Sen.Jack Reed, ...
June 27, 2022 Letter to Deb Haaland, Secretary of the Interior - Merkley, Wyden Urge the Biden Administration to Protect Coastal Communities, Cease?Expansion?of?Offshore?Oil and Gas Leasing Sen.Jack Reed, ...
June 16, 2022 Reed Leads Key Panel in Advancing 2023 Defense Bill Sen.Jack Reed
June 14, 2022 Congress Passes Ocean Shipping Reform Act to Help Lower Ocean Shipping Costs & Fight Inflation Sen.Jack Reed
June 8, 2022 Whitehouse and Colleagues Introduce Clean Competition Act to Boost Domestic Manufacturers and Tackle Climate Change Sen.Sheldon Whitehouse
June 3, 2022 Letter to Joseph R. Biden, President of the United States - To Fight Inflation & Help Consumers and Businesses, U.S. Senators Urge Biden to Tap Diesel Fuel Reserve Sen.Jack Reed, ...
May 12, 2022 Baldwin, Warren, Schakowsky Introduce Bicameral Legislation to Crack Down on Corporate Price Gouging Sen.Sheldon Whitehouse, ...
May 9, 2022 Reed and Whitehouse Seek to Lower Rx Drug Prices & Limit Out-of-Pocket Insulin Costs to $35 per Month Sen.Jack Reed
April 8, 2022 Whitehouse, Reed, Warren, Sanders, Merkley Introduce Bill to Shield Americans From Sky-high Credit Card Rates Sen.Jack Reed, ...
April 7, 2022 Statements on Introduced Bills and Joint Resolutions Sen.Jack Reed
April 6, 2022 Letter to Joseph R. Biden, President of the United States - Senator Murray, Majority of Senate Democrats Urge Action to Address Child Care Crisis Through Reconciliation Sen.Sheldon Whitehouse, ...
March 10, 2022 With Gasoline Prices Sky High, Khanna, Whitehouse Announce Curb on Big Oil Companies Engaged in Profiteering to Provide Relief at the Pump Sen.Sheldon Whitehouse, ...
March 2, 2022 Reed Statement on President Biden's State of the Union Address Sen.Jack Reed
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