Power lunch starts right now good day, everybody. Welcome to power lunch. Im Tyler Mathisen as michelle just highlighted, the dow and s p 500 hitting records again. But we are well off those levels at this hour nasdaq basically getting slammed. Down more than 1 . Big selloff in tech. Check out what is leading that nasdaq 100 lower Lamb Research down so auto disk down 15 now applied materials, invidia also in the tank today. In fact, the whole Semi Conductor industry on pace for its worst day in almost a year more on this group coming up forget ten, folks. Lets move on to 11,000. Bitcoin breaking past 11,000 just hours after topping 10,000 for the first time ever. Everybody is talking about bitcoin. Crypto currency up more than 30 in the past week and now up well over 1,000 this year, brian. Its like an auction. Do i hear 12,000 im Brian Sullivan heres what else is happening at this hour. Tyler drilled down on bitcoins record run the nasdaq planning to launch Bitcoin Futures next year.
Consider a twoweek government funding extension while negotiations continue on federal spending past december 22. Current Spending Authority runs out friday night. Also changes to the Small Business Merger Acquisition. Live coverage here on cspan. T. Today, we remember the lives lost at pearl harbor and the young men and woman who served today. In these troubled times of fires, floods, terror attacks, mass chootings, help us to rely on your strength to envision and build a stronger, more secure america. Give us more visionaries like father Edward Flanagan who founded on december 12, 100 years ago. He was an irish immigrant who lived the American Dream and taught us all that the troubled child can grow up to be a useful citizen if given half the chance. He saw the best in the kids that others rejected as useless. Help us. Especially each of our representatives to see the best in those that have different political or social views so we can together build an america that enables and call
The clerk the next it em is a presentation on San Franciscos Community Choice Aggregation Program clean power sf. And Jessie Denver Program Manager will be speaking on behalf of the director and combine it with item 7e with the energy distributed Energy Resources Program Including zero Emission Vehicles. Hello. Great. Okay. So the citys Energy Program aligns with the states vision and action to help shape the Energy Resources future. The citys Energy Program not only works on Energy Efficiency and renewables like youve heard tonight, but also in collaboration with our colleagues at the sf puc works on renewables and also Energy Storage and zero Emission Vehicles and market transformation. The focus of the majority will be on zero emissions vehicles. My director is sick with the flu so he gave me permission to give you highlights he also wanted know relay to you and would be happy to come back and give you a full update on clean power sf. San francisco is loading on the use of the power
Great. Okay. So the citys Energy Program aligns with the states vision and action to help shape the Energy Resources future. The citys Energy Program not only works on Energy Efficiency and renewables like youve heard tonight, but also in collaboration with our colleagues at the sf puc works on renewables and also Energy Storage and zero Emission Vehicles and market transformation. The focus of the majority will be on zero emissions vehicles. My director is sick with the flu so he gave me permission to give you highlights he also wanted know relay to you and would be happy to come back and give you a full update on clean power sf. San francisco is loading on the use of the power grid. Grid is 44 renewable with the goal of getting to 50 renewable by 2020 and 100 renewable by 2030. The department of the environment and energy team also works on developing reach codes or commissioner mcallister called them stretch codes. For example, with renewables we passed a better roof ordinance. That
Building, so i hope everyone had a good time with that. This winter meeting, we are privileged for marquis domestic partnerss attendance, including governmental staff. Their presence is greatly appreciated and we thank you for your contribution to our meeting. I will ask individuals to stand so we can recognize them. With regard to our former governors representing eight states, Kentucky Governor arnie fletcher, governor fletcher is here. Maine governor john the current in john mccurn in. Maryland governor parris clendenin. Mississippi governor, ronnie musgrove. Pennsylvania governor tom corbett. Pennsylvania governor mark schweiker. Top carolina governor jim hodges. Virginia governor george allen, Virginia Governor gilmore and guarantor. I guess they all get to sleep in now because they are former governors. Again, thanks for their participation and my personal thanks for them attending the meeting. I want to talk a little about my initiative. It has been about six months since we lau