To put forward, so, i commend the u. S. Senate proappropriatio committee providing some assistance in that regard. I want to just invite david to ask, to address whether the, whether we can wait another 30 or 40 or 50 years to take action and expect not to have consequences. Thank you for the question. Not acting increases the cost of action. The longer we delay in action will increase the cost of action. Because we will have infrastructure lock in and other dynamics that will make it increasingly difficult to in fact shift to low carbon xwhis. We have the opportunity and i think we in fact are on the trajectory as lisa and others have said, we are on the trajectory of moving very rapidly toward that low carbon economy. The price of solar panels for example has fallen 75 in the last five years. And we can create hundreds of thousands of jobs in doing so . And we are in fact creating, there are 100,000 jobs in texas alone. Thank you. I want to welcome sam adams, who works with the World
Other. This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio Managers always react to these things which is to dumb stocks in advance of something seen as very negative is gripping this market. Its making it very difficult to own stocks. A lot of fear now i cant blame anyone for wanting to sell its been so long that theres probably no major fund manager that wants to have big exposure event. They fear the sell off, i dont know. Maybe its going to be monsterous. They dont want to take any chances. Plus who know ifs the fed will say theyre going to take mo
Why such a nasty day again . What is really ailing this market . First lets understand each other. This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio Managers always react to these things which is to dumb stocks in advance of something seen as very negative is gripping this market. Its making it very difficult to own stocks. A lot of fear now i cant blame anyone for wanting to sell its been so long that theres probably no major fund manager and all money in, just stocks. Given, id say going into this event. They fear the sell off, i dont know. Maybe i
This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio Managers always react to these things which is to dumb stocks in advance of something seen as very negative is gripping this market. Its making it very difficult to own stocks. A lot of fear now i cant blame anyone for wanting to sell its been so long that theres probably no major fund manager that wants to have big exposure and all money in, just stocks. Event. They fear the sell off, i dont know. Maybe its going to be monsterous. They dont want to take any chances. Plus who know ifs the fed will say
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