Called the trillion trees act,s an effort that was made more um public by president trumps support of that at the davos World Economic forum. Tell us, congressman, what does this act propose . Well, this is an act that does just what it says, plant trees across the globe by 2050, for the u. S. To do our share oft that. Lott s a whole more, though. Our biggest tool that we have are forestsnd kee as far as mitg climate issues. When we utilize those forests and keep them sustainable and working and active, we royal have the best tool thats out there thats widespread, its natural, and its very economical to sequester carbon out of the atmosphere with fr forests. You come to this as a forester yourself, the only one in congress, a graduate of yale, a masters in forestry there. This must have been music to your ears when you heard the president getting behind this re effort. Yeah,is abo its something t near and dear too me. If you look at the planet, takn theres 3 billion tree the in the pla
Them sustainable and working and active, we really have the best tool that is out there that is widespread, its natural, and it is very economical to sequester carbon out of the atmosphere. You come to this as a forester yourself, the only one in congress, graduate of yale, master of forestry there must have been music to your ears when you heard the president getting behind this. Its near and dear to me. Look at the planet theres 3 trillion trees on the planet. We have 300 billion of them here in the u. S. And we do a good job of taking care of our forests here. We can always do better and thats part of what is in the bill. Not only to plant a lot of trees but also to take care of the forests we have. And then the neat thing about trees is they produce wood, which by its raw weight is 50 pure carbon so when we harvest a tree and make a product the car been says in wood for as long as the structure is there. This table, part of the wood, you see wood around the studio here, that carbon
And discuss how the company is positioned for the rest of 2020. Speaking of the cloud, microsofts ceo set down with bloomberg in davos. We will hear his thoughts on the competition between microsoft, amazon and google. First, to our top story. Netflix shares initially jumped the for a racing the gains after reporting fourthquarter earnings. Now fluctuating between gains and losses. The company has hit a milestone to passing subscribers outside the u. S. During the quarter. Growth this slowing with forecast at just 7 Million Subscriber addition in q1. To discuss Earnings Report in further detail we are joined by emarketer and ceo andre. The shares were trading off of the First Quarter subscriber guidance, which came in a light. Are you worried that for the competition is slowing down growth for netflix . Not at all. Strong in thetty developed markets. There is not a lot of growth for them in the u. S. They have a lot of room to grow, but that will be difficult. That 7 Million Subscriber
A lot of red on that board. These are modest moves. Market turmoil. Someone tweeted me that. Futures arent up a half percentage point pull out the market turmoil boards several headlines out of beijing overnight. Chinas exports rose imports are higher than expected chinas trade delegation arrived. We are learning more about the purchased targets that china would agree to at the phase one trade deal signing telling us china will commit to increase purchases from 32 billion over two years china will also pledge to buy an additional 80 billion 53 billion in Energy Supplies and 35 billion of u. S. Services over a twoyear period but will only only cost them half as much they are no longer a currency. You missed the other piece of information. They are allowed to no longer a currency manipulator. They arent going to do that was there a quid pro quo there has to be not a coincidence. Treasury secretary Steven Mnuchin said yesterday, china has made enforceable commitments to refrain from the c
Africa. From giant rats made of polyester. To lashings of synthetic resin. The big name contemporary artists are radical purveyors of pushing back the boundaries of convention. Very early on i was yours are going to turtles that were noncontroversial a large news motor or dirt dust action. How do you deal with unstable materials. Im not talking to question about how to conserve my work. Im talking about how im making it. Today the entire art world faces a huge challenge in how to preserve contemporary masterpieces many of the un orthodox materials used. Are not designed to last forever. German conservator christian shite a man is the go to man in this field. His new york studio deals with many of the most important works of our time. Leading galleries multimillionaire collectors and many of the worlds top Living Artists all seek his help. Christian chinaman opened his new york studio in 2002 but his career started in the german city of hamburg his 1st restoration studio was on the flig