>> live from pier 3 in san francisco, welcome to "bloomberg west," where we cover innovation, technology, and the future of business. i'm emily chang. ,"ead on "bloomberg west president obama will speak at the climate change summit in new york. he will call and other world leaders to take action to fight climate change, and also will announce new steps the administration is taking. another step forward for elon musk's spacex. the companies dragon capsule has dr. the national space station, ringing supplies, a 3-d printer, and research. we will look at how this impacts the private space trade.

wants to use drones to be in the internet from the sky to you. they are looking to mexico to test it. they reportedly want to test solar powered internet drones after they bought titan aerospace. president obama is set to speak at the united nations summit on climate change any moment now. in new a one-day event york, encouraging world leaders to get together and take action against climate change. we will take you there when he takes the stage. but first, as the debate on climate change takes friends that are at the u.n., one tech company is speaking out against alex. onan interview yesterday, the diane ream show, eric financialld googles support for alex was a mistake.

joining me now in the studio to discuss, our editor at large cory johnson. and brent olson. tell us how you are related to this all situation. you guys were actually campaigning against google for supporting alec. facts is anof organization that has been around since 2012. we have 100 40 members, all of whom are concerned about action and climate change. specifically making sure that we're getting accurate information on climate change. alec has been working in state houses to spread information about climate change trade. >> we have the quote. >> we funded them as part of a political campaign. i think the consensus within the company was that that was a mistake. we are trying to not do that in

the future. the company has a very strong view that we should make decisions and politics based on facts. what a shock. arefact of climate change not in question anymore. everyone understands climate change is occurring. the people who oppose it are really hurting our children and our grandchildren, and making a worse -- the world place. we should not be allied with such people. >> eric schmidt on the diary of show on npr. to theto get straight president in new york at the u.n. speaking on climate change. >> there is one issue that will define the contours of the century more dramatically than any other. and that is the urgent and growing threat of a changing climate. five years have passed since we met in copenhagen. since then, our understanding of climate change has advanced.

science,he deepening that says this once distant threat has moved firmly into the present. of frequent staying weather events that show us exactly what these changes may mean for future generations. no nation is immune. in america, the past decade has been the hottest on record. along the eastern coast, the city of miami now floods at high tide. west, wildfire season now stretches most of the year. heartland, farms have been parched by the worst drought in generations, and drenched by the wettest spring in our history. parts of thiseft great city dark and underwater.

in some nations already live with far worse. worldwide, this summer was the hottest ever recorded. global carbon emissions still are on the rise. climate is changing faster than our efforts to address it. the alarm bells keep ringing. our citizens keep marching. we cannot pretend we do not hear them. we have to answer the call. we know what we have to do to avoid irreparable harm. we have to cut carbon pollution in our own countries, to prevent the worst effects of climate change. to the impactst that unfortunately we can no longer avoid. and we have to work together as a global community to tackle this global threat before it is

too late. children,condemn our and their children to a future that is beyond their capacity to repair. means, thehave the technological innovation to begin the work of repairing it right now. as one of america's governors has said, we are the first generation to feel the impact of climate change, and the last generation that can do some thing about it. today, i'm here personally as the leader of the world's largest economy, and its second largest emitter to say that we have begun to do some thing about it. the united states has made ambitious investments in clean energy, and ambitious reductions in our carbon emissions. harness three times as

much electricity from the wind and 10 times as much from the sun as we did when i came into office. within a decade, our cars will go twice as far on a gallon of gas, and already, every major automaker offers electric vehicles. we have made unprecedented investments cut energy waste in homes and buildings and appliances. all of which will save consumers billions of dollars, and we are committed to helping communities build climate resilient infrastructure. these advances have created jobs, help grow our economy, and drive carbon pollution to the lowest level in two decades. proving there does not have to be a conflict between a sound environment and strong economic growth. the past eight years, the united states has reduced our total carbon pollution by more

than any other nation on earth. but we have to do more. year, i issued america's first climate action plan. to double down on our efforts. under that plan, my administration is working with states and utilities to set the first-ever standards to cut the amount of carbon pollution our power plants can dump into the air. completed, this will mark the single most important and -- step theset united states has ever taken to reduce our carbon emissions. last week alone, we announced an array of new actions in her noble energy, and energy efficiency. that will save commissions -- consumers with a $10 billion on their energy bills and cut carbon pollution by 3 million metric tons through 2030. that's the equivalent of taking

six 2 million cars off the road for one year. million cars off the road for one year. i convened private sector leaders who agreed to do their slasho/consumption -- consumption of hse's. hfc's. the same agreement the world you successfully to phase out ozone depleting chemicals. this is something that the president of china and i have worked on together. met withutes ago, i the chinese vice for mayor, and reiterated my belief that as the two largest economies in the world, we have a special response ability to lead. that is what big nations have to do. [applause] today, i call on all countries

to join us. not next year, or the year after that, but right now. no nation can meet this global threat alone. has engagedtates more allies and partners to cut carbon pollution, and prepare for the impact we cannot avoid. told, american climate assistance now reaches more than 120 nations around the world. skipe helping more nations past the dirty phase of development, using current technologies, not duplicating the same mistakes and environmental degradation that took place previously. we are partnering with african entrepreneurs to launch clean energy projects. we are helping farmers plant more durable crops. we are building international coalitions to drive action from reducing methane emissions from pipelines much a launching a free-trade agreement for

environmentalists. we have been working shoulder to shoulder with many of you to make the green climate fund a reality. but let me be honest. none of this was without controversy. countries, there are interests that will be resistant to action. >> president obama speaking at the u.n. climate change summit in new york. i want to bring in our chief washington correspondent, peter cook. sayingpresident obama climate change is happening faster than we are working to address it. what you make of his remarks? >> this is a big issue for this president. he announced that big climate action plan in 2013, taken some very controversial moves on his own. he is use executive authority to curb emissions in this country. on the international stage, not

a lot is happening. this president is prodding a lot of the 120 leaders around the world, more important like, the leader should make it to the summit including china's leaders and india's new prime minister. trying to get them at the negotiating table as well. there is not a lot of inertia right now. not a lot of push towards getting a deal done by the end of the year. the u.s. secretary general would like a draft agreement, much less a final agreement in a years time. president is trying to push the international committee along, saying the u.s. is doing its part. where theressue hasn't been a whole lot of progress, both domestically and internationally. it is hard to believe the summit will move all that much, but we will see. >> the president also spoke about airstrikes in syria that it started happening over the last way for hours. what is the latest you can tell us about that? >> we have been learning more about those airstrikes that happened overnight. the president spoke briefly here

at the white house before he headed to new york. we know he gave the final authorization for these airstrikes on thursday, the day after he visited central command in florida. those airstrikes involve not just the united states assets, but five other gulf countries. actuallyhose countries flying aircraft, dropping bombs in syria. at a significance. -- that is significant. it is a very significant development. the other thing we know is that these airstrikes are not going to end anytime soon. a sustained campaign is the message we are getting from the white house and the pentagon. it may not be as big and as bold as what we saw overnight, but these airstrikes in the syria and airstrikes into a rock angel iraq,lamic state -- into aimed at the islamic state, is a for going into a war footing for the united states. >> peter cook, thank you.

you can continue to listen to the president's remarks on bloomberg.com. streamingso watch us on your phone, tablet, and bloomberg.com. so-called climate change deniers, that is next. ♪

>> welcome back to "bloomberg west," i'm emily chang. climate change is a huge issue with president obama addressing the united nations. we want to turn back to google and eric schmitt admitting it was a mistake to give support to alec, which opposes u.s. action on climate change. us, yourson back with organization protested the involvement with alec. >> it's a step in the right direction.

he said it was the wrong thing for google to be doing. alec was not aligned with the company's values on climate change. we are very encouraged. >> it make sense to me that the koch brothers support alec. it doesn't make sense to me that google is getting involved with funding a group that is opposing understanding about climate change. why is it that google is involved with them? have been insisting that they end that relationship. you must have some notion. >> alec is very active in statehouses around the country. to the extent you are a country that wants to have interest in state houses, alec is an organization you might think about. the problem from our perspective is that while google and alec male line on tax policy or immigration policy, -- may align on tax policy or immigration policy, they're fundamentally

odd summit comes to climate change. good news from google's they placed climate change high enough on their list of priorities that they disaffiliated with this group. >> i have a statement from alec saying unfortunately google has ended their relationship with alec as a result from pressure from left-leaning organizations who confuse free market policy perspectives for climate change denial. any respond to that? >> it is more lies. the american legislative exchange council has not been shy on their position on climate change. if you look at legislation that proposed in 2009, it suggests that teaching climate change is a theory around the country -- in schools around the country, that is not about free markets. it is about misinformation. climate change is a fact. google recognizes that. >> is this go beyond alec? is there other things that google is doing in statehouses or congress to support congress changed and i are's -- climate

change deniers? >> they are heavily invested in political contributions in washington dc. google contributed almost $700,000 to climate change congress since 2008. there is additional steps that need to be taken. trent was very clear that the company has a view about climate change. it should make sure it's a little confirmations are aligned with that. >> when we get a statement from google, we will share it on twitter. , things forson joining us. of spaces biggest stars has competition. elon musk in jeff bezos, we ask commander chris hadfield what he'd ask about the private space race, next. ♪

>> welcome back to "bloomberg west," i'm emily chang. the spacex capsule is docked at the international space agent, two days after launching from cape canaveral. it is carrying batteries, food, clothing, a 3-d printer, and even 20 mice that will live up in space for research purposes. resupplyhe fourth iss mission of the spacex contract with nasa. spacex may have flown the latest mission to the national space station. elon musk will soon have company. jeff bezos is announcing a government contract. to carrynered satellites to space. the partnership pits the two tech titans against each other

in a heated race to space. who will win, and what impact will it have on the future of space? i'm joined by the former captain of the national space station, chris hadfield. corey, still with us. chris, you have experience in space with the dragon capsule. you have met elon musk, you have met jeff bezos. who has a better shot of winning the race to space? >> i think it is a really good set of circumstances right now. what we need more than anything else is better engines. we are so limited by our engine technology. trying to safely get to space and then get even further out into the universe. we have sort of been just making small modifications to existing engines. that is really what both of these organizations are working for. it's helping to pay for better engines. that two of the best and most excess launcher for newer's are putting --

theirreneurs are putting minds to that problem. >> who might be doing what? bezos engine that jeff and his blue origins group are working on in partnership with , they arench alliance looking at cutting their reliance on a russian engine. we have been subcontracting and using that for several years. we are looking to have an american-made next generation kind of rocket engine. jeff has brilliant people working for him. they are really working on that piece. under elon musk, they've are not only built a new rocket ship, but they are building new spacious as well. is kind of like the one that just docked at the station. they are a complete services company. elon musk is looking at how to make a reusable rocket. that,can successfully do

he will cut the cost by a factor of 10, maybe even a factor of 100. they are heading down slightly different paths, but both of them take us in the direction we want to go. i think competition is great. those are two great competitors. >> with boeing and lockheed martin working on this united launch alliance, talk to me about what that means in terms the sort of idea sharing between all of these companies. >> the real difference is in the past, nasa has sort of told the rocket companies what to build. and then they built it for them. in this case, nasa is saying this is the product that we want. you can build it anyway you want. difference between having euro fleet of cars, and renting a car. that allows a lot of freedom of design. have a couple of different

camps competing. i think that is a good idea. i think the way nasa has done it is smart and good for the nation. hopefully, coming out of both will not end up with just one winner, but will end up with two different ways to get to the station. ever since the shuttle, we have only had one people -- one way to get people to and from the space station. it's never safe to have all of your luck in one carton of eggs. >> and your experience, having worked with spacex on the dragon capsule, is there any concerns about working with a third-party? anything related to safety that is different than just nasa? >> when i sat on top of the rocketship, you are counting on tens of thousands of people you have never met. little companies that help build all the parts, companies you never had a chance to visit. that is why you need a really good strict set of rules. you need oversight. -- aeed to have a very set

strict set of requirements. you need to make sure your vehicle is tested properly. pilots aren't passengers. astronauts aren't passengers. they will be very involved in the vehicles ultimately. >> we have to leave it there. former captain of the international space station, commander chris hadfield, thanks so much. drones next. ♪

>> you are watching "bloomberg west," were we focus on innovation, technology, and the future of business. i'm emily chang. google has asked permission to test internet providing drones in new mexico, using increment from titan aerospace, the company google bought earlier this year. will the search giant begin the green light on this from the fcc? is our bloomberg contributor editor, and joining us via skype from melbourne australia is sky catch ceo chris sands. chris, i will start with you. what do you make of the fact

that google wants to build basically a space to test its drones in new mexico? it looks like chris is having problems hearing us. paul, what about you? is this another step towards google trying to be a player in drones? >> it is really fascinating. you have seen google earlier talking about this project moon, the idea of using balloons to make a mesh fabric for wireless networks. this is a natural next step. the problem is that with drones, in particular, hot air balloons have this wonderful property that they just a up. drones don't. they have a tendency to fall from the sky. they haven't done very well in far of creating long-lasting drones. it is an interesting experiment. i'm a little hard-pressed to see how you create a was a permanent

presence. riskys a long term and project. what do we know about how that balloon project is actually going? >> a little bit. we know initially the idea was they were going to try and use it as a fabric for wi-fi specifically. and then discovered that wasn't really working particular well for a host of reasons. they've since gone on to using lte, the current generation of cellular data technology that most of us use on our iphones and androids. that seems to be working a little bit better. the on that, we haven't heard much. testing is continuing. we don't see anything rolling out. >> facebook is also trying to provide internet everywhere. who wins? google, facebook, or someone else? >> i'm not sure what they are

winning exactly. they are causing each other to spend an inordinate amount of money on a risky project. my guess is that google is in a better position to do this, just because they have been doing these kinds of highly risky projects for some time. the bigger question is what is all this in service of? is it in service of bringing conductivity to underserved areas, or is there something else going on here that is maybe more interesting? may data collection and service of other google's products. google is in a better position to benefit from that height of widespread data access. >> chris, what do you make of google's efforts in drones? first it was a livery, now it is internet inviting drones. how successful can google be here? all ofink the fact that these big companies are getting into the drone industry is extremely viable to anyone. any of the startups today that are actually actively working

towards billing products. on the wi-fi access side of things, things are cobbled it. equipment required to make that possible is heavier than what you would need for data collection or image collection. high, butnge is very if there is one coming that could solve it, it's the company that has all of the resources on the financial side to actually invest in technology to create new things to miniaturize wi-fi technology and put it in the air. usage iscial drone mostly banned in the united states. do you see regulation capping up -- touching up with what these businesses want to do? faa -- we have been working closely with the faa. filed an exception to do data

retrieval across the entire nation. i think the faa is opening up the stage to big companies to work with them directly, so that all of these unique innovations that are not really hazardous for the public, have a passage for development. i think the whole extension process is for that, so that all of these companies can actually and on their projects evolve the technology. they can make it possible for all of these potential commercial uses to be existent. >> what about safety and traffic control? should we be worried about those kind of things, if indeed drones are more commonly used for commercial purposes? >> absolutely. i think you see a lot of videos today with things dropping things from drones. it looks very unsafe. obviously, we know that is not going to be possible.

real big question is how can you have a cohesive network of these things working together in a very safe manner? that is why nasa is getting involved, and we are cooperating with nasa to build it. doings also what we are with their highway, which is building a protocol so that rather than having multiple different orientations around the world, we have one standard. of having little internets, you have one simple internet that we can all plug into. faa will be working closely with nasa, and what their highway is working on to sort of standardized this for safety. it is the most important thing around the simple mentation. >> standardized drone highways in the air. that could be in our future. christian sanz and paul kedrosky, thank you both.

as the world goals mobile, new tools are needed for small businesses to meet customer demand. we will be back with a look at tech trends from him and pop shops. ♪

>> i'm emily chang, this is "bloomberg west." cory johnson, our editor at large, has an interesting story of invoice to go. >> cutting-edge technology is revolutionizing business of all sizes. that change in work and the giant private sector is fairly interesting. in some peculiar places like invoices. you called me and told me you were taking this job invoice to go, and i said what? invoice to go? this is a huge business. described was with the product is.

is an application generally use on smartphones or tablets that allows small business people -- think about a two or three person business, a be an electrician or plumber, who wants to be able to have the peace of mind of knowing that when the work is done, they have sent the invoice, just the first step in getting paid. that is the value. if you get invoices out faster, you get paid faster. >> how big an opportunity is -- when you look at this, you were the ceo of the harmony. it grew massively. , andere at excel partners had a look at all kinds of deals. what do you see as why this is special? >> the number one thing i saw was a great product that was already being used by so many businesses around the world. we have 100,000 paying subscribers in many countries. what they were already telling

the founder was that they love this product, because it was simple, quick to get going on, and it saves them time it. we surveyed users, and they said they saved three hours a week, and got paid seven days faster. i saw something that could help every small business for cash flow, i knew it was something worth getting involved in. >> you and i have been talking about "bloomberg west," since we were coming up with the idea for the show. what is special about this era of technology is that it is not impacting just technologists, it's impacting business all over. largelyl businesses untouched by most of the cutting-edge developments. >> when i look around and think about every small business today around the world, they are using paper and pen to do a handwritten invoice. they give you a pink copy to keep the yellow copy, it's in giving it for them it. it's inconvenient for the person who wants to pay them. no one was to receive a paper invoice.

still millions of businesses that can be touched and have their cash flow improved by invoice to go. >> it seems the most attractive way is to take a piece of each transaction. how do you get paid? >> we are a premium scripture to -- some friction model. basically, you can go to the app store, search invoice to go, download it for free. you can send invoices to try it out for free. we will give you an opportunity to buy one or different priced plans. that starts at $50 a year. people are willing to pay for that subscription because it saves them so much time come and get them paid faster. >> what do small business owners have on the backend for themselves? does it tie straight into their bank accounts? theirs goes straight into bank accounts. it is straight to cash.

they don't think of this as a separate accounting function. accounting is a be what they do once a year for taxes. theirs how they manage expenses. >> excel bottom of the steel quite a while ago. in april, they let our series a financing. partner.great they were able to help get us established in australia. he had built this up, but he had bootstrapped it until this year. they connected with him, and through them, chris and i ultimately met. >> greg, thank you very much. >> cory johnson, in the newsroom. i want to get to mark crumpton in new york. action, we are not going to mark now, in fact, we're going to what is coming up next on

"bloomberg west," and that is every tech company makes mistakes on the way. how should you address those issues to avoid disaster? maynard webb is next great you can watch a streaming on your tablet, phone, bloomberg.com, apple tv, and amazon fire tv. ♪

>> welcome back to "bloomberg west," i'm emily chang. let's get another check on top stories. mark crumpton is in new york. so much going on in the world today, what do you got for us? >> the pentagon says it believes individuals plotting a terror attack on the united states were limited by eight u.s. airstrikes overnight in syria. an strikes targeted extremist group, which the pentagon says is made up of a network of al qaeda veterans focused on attacking western

interests. the u.s. centers for disease control and prevention estimates there could be as many as 1.4 million new ebola cases in west africa by january unless more action is taken. this after governments last week renewed efforts to get aid to the area, including a $1 billion commitment from the u.s. ratings for espn's monday that football are slipping a bit, including last night's bear win over the new york jets. ratings of fallen 12% over the first three games of the season. this comes as the nfl has been criticized for its handling of domestic violence allegations against some of its players. emily? >> what's coming up on "bottom line." >> i have an expose of interview with the president of peru. market andorate bond investor confidence in his country's credit worthiness. those stories and more when "bottom line," begins at the top of the hour.

>> mark, thank you so much. when paypal founder spoke about twitter last week, saying there is a lot of pot smoking going on there, the twitter ceo could have denied it, he could have been snarky. instead, he made a joke. he tweeted out, working my way through a giant bag of doritos. i will catch up with you later. has madeous attempt light of the comment and moved on. not all tech executives get it right. sometimes the wrong response can lead to a pr nightmare for the company. how should executives show vulnerability in a tricky situation? that's the subject of today's office hours, with jan chairman maynard webb. so, was his response the right response? >> it appears to be. >> i laughed. >> it was funny.

it mediated the situation. it didn't get run out of control. >> at the same time, he was talking about mismanagement of twitter. in retrospect, he has sort of backpedaled a little, saying management has gotten better. but that has a rattle a ceo. twitter inng on at that moment? >> i don't know what is going on at twitter, and i'm probably the wrong person to comment on that. i try to only comment on things i have inside information on. >> when someone information -- when some emphasize your leadership -- >> someone is always criticizing you. you have to find out if it is one voice in the wilderness, or is it a trend. if it is a trend, you need to actually be able to address it and respond to its. sometimes you need to listen to it and modify behavior. sometimes you need to listen to

it and explain behavior. you need to know what the reason is. sometimes you need to ignore it. >> one situation where a ceo did explain behavior, the ceo of snapchat had e-mails published that were very derogatory towards women. talking about drinking in college. he apologized, saying i'm obviously horrified and embarrassed that my idiotic e-mails during fraternity days were being published. i have no excuse. i was a jerk to have written them. they in no way reflect to i am today. >> i think he did a beautiful job of owning up to some bad behavior that was public. there is no excuse for that. -- compartmente lysing it and making sure it was tied to a time his life he didn't have the maturity he had now, and trying to separate that from where he is now and how he behaves now is really good. >> is an apology enough? >> it is not always enough.

you also have to have good behavior. ray rice has apologized. not enough. >> at a know apologize enough. [laughter] as a human being. >> my goodness, the whole thing. it's not just the nfl. there is no way that women should ever get abused, any time it. and it happens over and over again. that is something we have to fix in society. maybe the only good thing that is coming out of the whole nfl scandal is more attention to this so that we can try and eradicate it. >> what you make of roger goodell's response? has he been apologetic enough? >> i don't even know if the apologies are enough. we need to see change in the nfl , and have the behavior get fixed. the fact that there is controversy over whether he saw --es or not, or the nfl knew i think there is a taint over how truthful is everybody in

this whole thing. and how well managed is it going to be? just to have a glossed over instead of fixed. i think anytime you try and glossed over something, and hope it goes away, most people see through that. >> you think the best strategy is to comment? in some cases, companies will choose to not comment at all. >> it depends. it depends on what the situation is. sometimes you can't comments. andmay be in a quiet area, someone says something about your financials, and you are not able to say anything. the noise builds, and you feel very helpless. but you are not allowed. there are kinds of times where not commenting is appropriate. i think it is just judgment that you have to use on what is the situation? is it better to tell the truth? i think it is always better to tell the truth.

how much explaining to i need to do? how vulnerable should i be? i think people give a lot of thatt to people who show he wasn't evolved very well as a young man in college. he owned up to that, and apologize, and he deeply regretted it. hopefully they give him a hall pass, and he gets a chance to prove that he is a much better man today than he was back in those days. >> maybe he should be taking advice for maynard webb. always great to have you here for our office hours. ,ime now for it the bwest byte or we focus on one number that tells a whole lot. corey, what do you have? >> 99.7%. fewer than 500 workers accounted for 99.7% of all american businesses.

they are making things like invoices better. 99.7% of businesses can get these effects of the latest in technology that would benefit them for the first time ever. an intriguing time that we are doing the show. i think the impacts on business globally are just so massive and so far-reaching. >> even yesterday, we talked about something as simple as human resources. at a technology company that is trying to streamline all of the human resources resources at your company. it sounds so boring, but actually, it is kind of important. >> it is boring until you can't see your doctor. it's boring until you can't get your paycheck. or you can get your invoice is paid, or fill your truck with gas. how these technologies are spreading out to these small businesses all over the world. >> cory johnson, our editor at large. thanks for watching this edition of "bloomberg west." you can get all the latest headlines on your phone, your tablet, bloomberg.com and blue

or radio. see you tomorrow. ♪

>> from bloomberg world headquarters in new york, i am mark crumpton and this is online, the intersection of business and economics with a mainstream perspective area today, cdc reports say people like cases could rise dramatically. the pentagon, syria airstrike. and peru's president discusses his economic world strategy. ♪ to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the