Discovered subscribe documentary robots that harvest fruit, drones, that flight path. Cows with smart collars can new Technology Help us feed the worlds growing population and prevent climate destruction Smart Farming. Our topic unshift farming is one of the oldest professions in the world. According to one survey, 82 percent of german pharmacist use mart farming technology. Big data makes Animal Breeding more efficient and Artificial Intelligence is used to identify the best conditions for growing crops. Farming sensors communicate with one another on line to improve efficiency and algorithms process they gathered by jones robots have the potential to harvest and theyre much more at this, california farm robots are autonomous. Li, transplanting saplings, monitoring their growth and moving heavy parts, which way up to 400 kilograms from a to b. The Farming Company says it grows 30 times as many vegetables protector as conventional agricultural businesses. And people only play a seconda
A gas deposit that contains another 30 years supply of the fossil fuel in between a several layers of dense shale rock base of an alternation. Look at that above the coal bed in there somewhere. You think . Because of the Gas Production from a straw field, the pressure is fully in this more shallow. So of course, that means even if there should be a little bit of the occasional c o 2 from this one, it cannot escape from the under pressure in the overlying sense that so far everything has been going well with the storage of c o 2. In norway at the slightly gas drilling platform, more than 1000000. 00 tons of c o 2 have been pumped back underground every year for 25 years. The Northern Lights project aims to start with 1500000. 00 tonnes per year. If you look at the sheer magnitude of the problem globally, there is a need for sense of facilities. And were talking hundreds of millions of tons per year that needs to be handled. Carbon capture and storage chill c. C. s. Its also been resear
Here as well. Also want to point out some breaking news. Macys says their cfo paula price is going to leave the company. They are looking at an external search currently. Premarket withn the overall market. Exxon mobil also coming out, finally the last of the big majors to cut their capex. They see overall Capital Investments for this year about 23 billion. They saw up to 33 billion. They are also cutting operating expenses by about 15 . They are maintaining their longterm outlook. They say Capital Allocation priorities remain unchanged. The longest chunk of all these cuts are going to be spending in the permian basin. That is interesting. We heard something very similar with chevron, a little easier to shale. Ex within they are dealing with the fallout of the crisis. Watching those stocks as we head into the open. U. S. , as wellthe as the markets, but the collapse of the Small Business optimism i was just talking about. Gauge falling by 8. 18 points in march. Michael mckee joins us w
The economy, pretty much at a dead stop until may, maybe longer. The market is looking to the other side of the virus problem and surely welcomes more financial help. However, stocks are ending the worst month since 2008 and the dow will open lower this morning, off maybe 140 points. Similar story for the s p and for the nasdaq. A down opening bell today. The price of oil, well, that remains at depression levels. This morning we are in the low 20 per barrel and the average price of gasoline, you got to look at this, the National Average gas price has dropped below 2 a gallon. 1. 99, thats your number this morning. The price is dropping about two cents a day but so what . Demand has cratered, the roads are empty, and few people are taking advantage of dirtcheap gas. Now, this caused a stir yesterday. The u. S. Navy hospital ship arrived in new york and was greeted by crowds of onlookers. They were breaking social distancing rules. Those people who were holed up in their apartments and h
India italy locking down the whole country. Lets get straight over to the markets now, we are joined by Sarah Ponczek. One of the one of the highlights . Helling say the the selling has not stopped. Saw a limitafter we down in futures yesterday, we and at the same time we have new zealand coming on, getting closer and closer, well below the 200 Day Moving Average which served as support earlier on. At the same time, we have seen dollaryen moving closer and now the yen is trading at the highest level. Prior to the president ial election in the United States, and also, the vti crude oil extending losses again after the worst day since the 1991 we have seen absolutely massive moves. Day, we didf the close down 7. 6 and if you look at the different barometers, we have seen massive moves. The average move over the last eight trading days has been 3. 7 , that is the largest going back to 2008, so to put into context the amount of volatility we have seen, the vix also at [indiscernible] lets