Power will speech. The popes message to new york and the world, one of shared humanity and responsibility to the earth. Here at the 9 11 memorial one of the most popular spiritual leaders at our most sacred site. You can feel the pain here. He met with families of the victims offering a prayer and reminder of the solidarity of love, the morning started addressing global leaders. Any harm done to the environment is ham to humanity. The United Nations he issued a challenge against unrestrainted ambition and the chamber erupted with applause. Should ensure they are not subjected to oppressive lending systems. In the city that never sleeps the agenda like new york is filled greeting 80,000 in central park visit with immigrants in harlem and schoolchildren and celebrate mass for 20,000 at Madison Square garden. Over my shoulder i can clearly see pope francis, meeting with the families of victims of 9 11. They are a Smaller Group but their cheers pope, pope, pope, are carrying from lower man
Utility partners in building more gas but still worried about those price shocks and they see keeping coal in the mix is one of the ways that they can avoid those kinds of shocks as part of what they do. Last thing i will say, of course, is thats the United States story. In other countries, coal is much more prevalent and the availability of gas much more limited. So, from a global perspective, we certainly see coal as an important player, not just in the United States or not just in north america but many parts of the world. Hi, Charles Ebinger from brookings. Julio, it seems to an outsider that the administration a bit schizophrenic on ccs and coal, in general, because the one hand, we have the excellent would, that you have highlighted the doe is doing, the other hand, we look at the organizations like opec, xn bank, so forth, as well as our positions in financial institutions, we seem to take a very negative attitude toward financing coal in other localities. Could you make a comme
Everybody. Things likes showcase projects for example in this country or in others. Also International Partnerships can accelerate the learning, sharing. Can accelerate deployment. We dont have to build five kinds of plants in five Different Countries if we can just build one plant in one country and share the results, it saves money and saves time in a very useful way. The International Landscape is also changing dramatically. Im sure many of you here watched the u. S. china accord that was announced in november. We were all very, very pleased with this. It includes, among other things, a large ccs project in china and a science project that is a joint International Project shared by the United States, china, and other nations. Were thrilled with this outcome. Theres also a new kind of project that the chinese are going to pilot, an enhanced Water Recovery project. Like enhanced oil recovery except pulling out oil you pull out brines and you use the pressure youre using in injection t
Track for a positive week this week. Our road map begins with facebook. Mark zuckerberg is saying that facebook has more room to grow. President obama poised to support antiinversion tax legislation. Well see. And xilinx ceo gets no free passes. What he said to the man to my right about his dismal quarter. Facebook revenues are up 66 . Mark zuckerberg was on last nights Conference Call. One thing thats so exciting is theres so much more room to grow. People on facebook in the u. S. Spend about 40 minute as day using our service, including one in five minutes on mobile. People spend nine hours a day on digital, such as tv and computer. Premarket at 77, which is double the ipo price of 38. Facebook reports, jaws drop, and then New York Post business today, this doesnt zuck. People go for the highclass headline this morning, jim. But it was an amazing quarter. It was an amazing quarter. Youre going to hear, this thing couldnt possibly be at this level. Typically when you hear those things
After another day of high Political Drama in washington attention will shift to the struggling us economy later today, as president Electjoe Biden outlines his plans for another massive economic stimulus package. The us economy lost nine millionjobs in 2020 the worst since records began in the 1930s and its in dire need of further support. Three weeks ago Congress Passed an economic aid deal worth 900 billion. But mr biden described that as a mere down payment on what he would push for once in office. According to reports he will seek another 1. 3 trillion of spending and would increase direct payments to americans to 2000 each as well as providing funds for local governments and vaccination programmes. Brian nick is chief investment strategist at the fund manager nuveen he s in new york. What is your expectation of what we can expect from this package . I think the number you haveis package . I think the number you have is probably right. What will be interesting is whether it will b