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drops of 16%. a lot of restrictions in place. thanks declining by daily 30% limit. onto treasuries advancing for third straight day. the drop in commodity prices fueling speculation inflation and growth overall not strong enough to prompt the federal reserve to necessarily raise interest rates in september. really where the action is. commodities chinese of my calling to a five-month low. to boost production within a week of sanctions ending. copper a good barometer for chinese sentiment and sentiments on how the chinese economy is slowing down dramatically. nymex and brent both down on this monday. president obama is taking his plan to fight local warming to the american people. he will make a televised address scheduled for the next 15 minutes. the president previewed his proposal by posting a video on twitter. the new rules aimed to reduce gain greenhouse gases cutting by nearly a third within 15 years. republicans are already fighting the plan. the senate majority ....
the overall effort will take time. there will be challenges ahead. we ll do what is necessary to take the fight to this terrorist group, for the security of country and the region and for the entire world. melissa: president obama pledging to do what is necessary, despite repeated claims that he won t use u.s. ground troops. here to discuss, our very own charlie gasparino, david asman and wall street journal vdag, veronica daguerre. all-star panel. what do you think of this? don t tweet when you re on. that can t possibly be important. you never know. i don t trust a lot of what the president says regarding foreign policy. his statements are uniformly vapid often. not say uniformly often. melissa: he said says things and he doesn t do it. we told him that we might bomb if we didn t get permission. you want to get rid of him, have more resolve. melissa: are you as critical as this guy? of course. first of all he starts out with untrue premise, we won t have b ....
wind power production has tripled and solar energy has grown tenfold. greenepisco founder patrick more is with us. this sounds like a success for renewables. is it? not at all. solar has gone up ten times, still drop in the ocean. the real reason:as gone down and the missions of gone down is fracking for natural gas which people are also opposed to largely. the wind and solar is intermittent, is unreliable, is very expensive and the only reason it exists is because the utilities are forced by legislation to purchase it even though it costs a lot more than energy they could buy for less money. stuart: what chance does the president have of creating a coalition with other major polluters to pass some kind of global climate change deal through the united nations. china, india, japan, russia, canada, many world leaders have woken up to the fact that this is a complete waste of time and energy and we should get on with the issues around energy security and dealing with p ....
i think it s completely crazy we re doing substantive work on the 17th of december. i can t imagine we re holding real conferences here right the week before christmas, but we are, but that s because there s so much to talk about, and i m so glad to have you all come. thank you, thank you all for being here. my name is john hamre, i m the president at csis. i wanted to say special thanks to julio friedmann who is a friend. we have known each other for many years. he s fortunately in town serving in government more directly. he s a government guy, he s out at lawrence livermore labs but we re so pleased he can be here leading at a crucial time when we need to be thinking through a lot of important issues. for a very strange reason, recently i have been doing some personal reading on the history of philosophy, and i was recently reading about thomas robert maltous, a british cleric who in the early 18th century who was a very provocative philosopher because he had very d ....
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 don t 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. i m 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. we re thrilled with this outcome. there s 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 you re ....