It theres plenty of solar to be installed over the years clapping. its not a limit you think of a third renewable eventually we have to get to the level of energy and those types of source of energy were not raising the Green House Gases we have a long way to go and while its exciting to be with likes minded people its well, to take a pause and realize that the take were on now is not sustainable we have to make a turn and a shift anytime youre talking about an organism or political those shifts are not easy to make its just as harden in california we have to adapt policies and get insights and build consensus so its not about the elicit but the people themselves we have to build consensus so a Convention Like this contributes to it we have a consensus to build reanything else energy and build efficiently and thats our task Going Forward i noticed an email california is the 8th largest economic jurisdiction in the world weve surplus italy and russia i dont know if theres italians here
Welcome i to the opening of our convention 2014 and this convention is carried by the person he is still trying to get the governor going both the room and co organizer i want to welcome pat from the tv pod there. This conventions wouldnt have happened without our Convention Committee we have a convention and Industrial Committee 35 experts and theyve done a fantastic job making the Convention Program possible bringing the colleagues to talk and i think weve experienced some of the session i thought they were full to capacity so were very impressed weve got the interest i want thank the supporters first our close partner we Just Announced two days ago filed a agreement with cal sea theyre our local partner clapping. thank you. And another close partner is the American Society for solar energy they have a convention and i might say those among you from a excess please tell them this is a wonderful opportunity to bring the a assess members together to have a show and exhibition for all t
Its been. To talk about swings, talk about crude oil, talk about the ruble which after that surprise decision by the Russian Central Bank yesterday to raise to 17 , the ruble immediately jumped up 10 and then fell back by about 8 and a 20 percentage point swing here. If you just looked today and didnt know what happened this morning you might think its an expected reaction and hide a lot of volatility we have seen, again, in global asset glasses here. Whiplash is only term some people are using to describe it. Yeah. No doubt. In the major averages right now, where we stand on the street. Theres the s p 500. A fractional mover. Thats sort of again helps to tell the story. Again, back under 2,000. The nasdaq under pressure today to the tune of 17 points and this ones interesting because some of the decliners on the session of note include tesla back below 200 mark off 2 . Amazon off 3 and meanwhile, the Dow Jones Industrial average seeing a gain of 40 points t trying to hold on here and
Given point at one given time. They are cumulative so you cant see at one point at one time or the waste goes. The other thing you can see is whats happening under the surface as well. Its hard to get a good visual gas Industry Based on one wells that. With that i have to call time. We are going to go next door and my wonderful offer authors are going to be signing their books. Buy their books and have them sign the books and we will answer questions there. [applause] [inaudible conversations] is talk from the New York Public Library is an hour and 40 minutes. [applause] thanks very much. Its good to be a pity i spent a good chunk of my Research Time working at the New York Public Library in the huge beautiful room they have available to the public. Its a pleasure and honor to come here to talk about my book the frackers. Often when you are writing a book its a project and it takes a while. You are not even sure you can get it done let alone be able to come back to a nice room like thi
Antifracking or profracking you need to understand your individual impact on those debates. Every time you turn on your natural gas stove and every time you go and use a natural gas heater you are encouraging the use of hydraulic fracturing in our economy. So its important to understand individual responsibility. A lot of folks dont. Without let me turn it over to questions. Can you come over to the mic . Hi. I guess my question is what a lot of this be solved if the fracking industry was forced to follow the Clean Air Act i mean the clean water act . How much is it the problem of . My feeling is if its safe youve got to do it because we are all using energy but i always assumed there was more safety than your explaining here. If theyre not following the clean water act its pretty mu much theres no transparency. And it seems like we have to trust an industry that why should i trust someone . Thats my question. I can give a brief answer. It would become more expensive for the industry t