Skip to main content

tv   Public Affairs Events  CSPAN  December 14, 2016 5:35am-7:01am EST

5:35 am
but what is coming into play now after what i saw in bera cash i have had discussions with the u.s. delegation with the eu delegation. the war is waiting anxiously to hear from washington. on the faith of the paris agreement. if the multilateral process has global consensus in this global consensus was made unprecedented by the united states. i was in copenhagen, the summit in copenhagen and i saw the consequences of our failure to get this consensus in copenhagen president obama worked very hard
5:36 am
to ensure paris didn't turn out to be another copenhagen. now more important is how do you operationalize the tactics for paris? how do you graduate the iadc to in d.c. within what timeframe and in facilitating public consensus in paris but the festivities of the spirit of copenhagen some principles of a convention are -- the key principle of differentiated responsibilities and opportunities. the overriding principle of
5:37 am
poverty is watered down. the complication between the annexed in the non-and -- non-annex parties in the developing parties were all compromised in order to ensure they were able going forward. in our opinion all of our member countries have signed. many have ratified their process we believe in this multilateral process. we insist on having a seat at the negotiating table for the abuse of the oil and gas sector oil industry and for developing
5:38 am
countries must be taken into account in the operation was of plants but all this depends on what we get next year from washington. c when we had jonathan pershing the current special envoy for climate change here last week to give us a readout for marrakech and talk a little bit about what expectations are for the next its leadership in the warm it's interesting to see how money folks from the oil and gas committee and the nomadic community are encouraged. the u.s. maintains its active role in the discussion even if it's a differentiated participatory role in that discussion is truly important. i think you'll be the last person we time -- have time for here today. thank you for being so generous with her time.
5:39 am
>> my question is for the secretary and general ben mr. hess. you mentioned you are taking counter-cyclical measures to address volatility. will you be pushing opec members to be able to take hedging to hedge the oil production risks? i think libya starting to look at it. we'll be helping put those opec members on exchange trading in chicago which is quite expensive to the taxpayers of oil-producing countries? thank you. >> thank you very much. the decision for member countries or national oil companies to embark on hedging programs of member countries. i think it's instructive from
5:40 am
washington i'm heading to new york. i'm sure we'll i will be meeting with you and your colleagues on wall street. i was sharing yesterday that back in 1986 i did an apprenticeship in chicago as a young trainee and i look forward to returning to wall street. the numbers are staggering. the evolution of that sector of the market and industry has been very impressive. the impact of your activities has also been -- as i said earlier i was asking my colleagues here could you remind me -- this november 27 million
5:41 am
contracts, correct? 27 million contracts. altogether it's a million contracts in november. physical oil, 94, 95 million. so we have a vested interest in knowing your business, and working with you, in getting you on board this global platform that we are now building between producers and consumers. it's been producers and operators and companies. i think the platform would be
5:42 am
incomplete without your work. >> i take another perspective to complement what the secretary-general is saying. perhaps our strategy and business focus is to find develop and produce oil and gas to help meet the world's future demand for energy. it is not to hedge or trade with other companies to help them hedge themselves. we have our hands full sending our own production which is our activity level goes up to ensure that we have the cash flow on a year-to-year basis is something we will give serious consideration to predators want to use this opportunity again to thank the secretary-general for being here in the united states. this is historic. the opec agreement was historic but his presence here is historic and it helps us in the united states better understand opec but it also helps opec better understand the united states. it also helps opec producers to better understand show producers
5:43 am
and shale producers better understand opec producers and it sets a new foundation or a new chapter for greater price stability, affordability of oil and also security of supply as we look out at the next 10 to 20 years. when we give the secretary-general a warm round of applause. [applause] [inaudible conversations] [inaudible conversations]
5:44 am
5:45 am
5:46 am
5:47 am
5:48 am
5:49 am
5:50 am
5:51 am
5:52 am
5:53 am
5:54 am
5:55 am
5:56 am
5:57 am
5:58 am
5:59 am
6:00 am
6:01 am
6:02 am
6:03 am
6:04 am
6:05 am
6:06 am
6:07 am
6:08 am
6:09 am
6:10 am
6:11 am
6:12 am
6:13 am
6:14 am
6:15 am
6:16 am
6:17 am
6:18 am
6:19 am
6:20 am
6:21 am
6:22 am
6:23 am
6:24 am
6:25 am
6:26 am
6:27 am
6:28 am
6:29 am
6:30 am
6:31 am
6:32 am
6:33 am
6:34 am
6:35 am
6:36 am
6:37 am
6:38 am
6:39 am
6:40 am
6:41 am
6:42 am
6:43 am
6:44 am
6:45 am
6:46 am
6:47 am
6:48 am
6:49 am
6:50 am
6:51 am
6:52 am
6:53 am
6:54 am
6:55 am
6:56 am
6:57 am
6:58 am
6:59 am
[inaudible conversations]
7:00 am
been in the government digital service with a real commitment to suit her fast broadband wherever we can take it. >> it's right in that misfire manifested was the most ambitious in terms of rollout and he will be hearing a lot more about it in the week to come. >> order. questions to the prime minister. >> thank,

22 Views

info Stream Only

Uploaded by TV Archive on