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good morning. 10:00 a.m. eastern, 7:00 a.m. pacific. i'm jose diaz balart reporting live on this veterans day and steve kornacki. a lot going on. congress hangs in the ball as election officials work to count every single vote. we still don't know which party will control the senate or the house. in arizona, senator mark kelly is fighting to keep his seat from blake masters. the race too early to call. the nevada senate race is too close to call between kathryn cortez masto and adam laxel in

georgia both democratic senator raphael warnock and herschel walker are back in campaign mode with an intense runoff between the candidates. in the meantime, in minutes president biden will deliver an address on the flight against climate change in egypt. we'll bring you his remarks live. in florida families are picking up the pieces after hurricane nicole destroyed homes and power lines after the category 1 storm slammed into the coast. we'll bring you a live report. steve kornacki will be back at the big board in just a couple minutes but first, we begin with those climate remarks from president biden that are expected minutes from now following his meeting with the president of egypt. later today, biden will head to cambodia to attend the association of southeast asian

nations summit. it will set the stage for biden's meeting with china xi jinping on monday. at the start of the g 20 summit. joining us now from sharm el sheikh equipment, kelly cobiella. what do we expect to hear from the president today? >> reporter: jose, you'll hear a few things from the president. first of all, the president will try to convince the delegates at cop27 the u.s. is serious and taking real action when it comes to climate change and he'll point to the inflation reduction act for example as proof of that because of those tax incentives, which are meant to encourage companies in the united states to invest in clean energy. he'll also talk about a new epa rule meant to toughen, tighten restrictions on methane gas emissions in the united states.

it traps 80% of heat so rederchers, scientists say it's really crucial to tighten the amount of methane being released into the atmosphere to bring down the global temperature and bringing down temperature rises. he'll also talk about more funding for developing countries to adapt to climate change but what you're hearing a lot here from developing countries is a demand for the u.s. to commit to a compensation fund. so president biden will talk about funding in the tens of millions and hundreds of millions for developing countries, but developing countries want to hear that the u.s. is committed to spending hundreds of billions over the course of the next several years to help them combat the damage really created from extreme weather events that they say are tied to climate change. white house climate envoy john kerry has been talking about

this. it's called loss and damage. you may have heard people use this phrase over the course of the past several days. he said that the u.s. is open to talking about such a fund but really hasn't committed to setting one up. that's an overview of what we expect from the president in his speech today, jose. >> kelly cobiella in egypt, thank you. the top story, all eyes on nevada and arizona as we await their final results in the midterm elections. let's go right to nbc news steve kornacki at the big board. steve, how is it looking this morning? >> huge stakes here in these two states because if the democrats win both senate races here, we do have that runoff looming in georgia on december 6th. but if the democrats go 2 for 2 in nevada and arizona, they'll control the senate. the georgia runoff will just decide exactly how many seats they have. so whether georgia is the be all and end all of the senate battle

will be decided by how arizona and nevada go so how are they going? you go in a senate race in arizona, democrat mark kelly, again, the last couple nights in maricopa county, they have been counting up and finishing counting up the early votes, the most strongly democratic and it's allowed kelly to build a lead. it sits now at 115,000 votes. you can see 5.5% statewide. now, what is still to come, the bulk of what is still to come are votes that were dropped off by voters in person on election day. especially in mer mer -- maicop county there is suspension here but it's expected this will be a republican leaning vote. how republican leaning, you don't know. it's actually been more favorable to democrats in the past. in 2020 this was a vote that broke pretty strongly for donald trump but with a gap like

115,000 votes that blake masters is facing here, he would need to be winning these remaining votes at perhaps too big of a level to overcome the lead mark kelly built. masters needs something truly extraordinary. democrats doing good about holding onto the senate seat in arizona. where it's shakier for democrats in arizona is the governor's race where katie hobbs the democrat leads but only leads by 26,000 votes. about 80,000 votes less than mark kelly and the last bach on votes i'm waiting on describing to you if they are a pretty republican bach of votes, there is more than enough there for kari lake to vault past katie hobbs in the governor's race. the potential there at least for a split between the senate and governor's race in arizona. okay. move up to nevada. you see the democratic governor is in trouble there but again, we're talking about the senate here. this is the one if the democrats get arizona, then it comes down to nevada.

if kathryn cortez masto could passed a dam laxalt and win this, that would believe the majority. laxalt took a big step in that direction. there is clark county in las vegas netted 4,000 there and a big release of 20,000 votes where reno is doing the laxalt folks were hoping to do better than they did because cortez masto netted a bunch out of there, too. bottom line, the lead for laxalt has fallen over 9,000 votes. what is still to come? a chunk to come out of clark county. we're not -- it's 50,000 plus. we're not sure on the exact number out of clark county but it's 50,000 plus based on what election officials are saying. there is several thousand provisional ballots expected to favor the democrats, expected to favor masto so between what is

left in clark and washo ample opportunity to take the lead. there is a little left in the red rural counties but a clear path for masto to pass laxalt and win this and if she does and kelly hangs on in arizona, that's the senate for democrats. >> steve, what about on nevada specifically with 88% in? the ones still remaining? what type of votes are those? >> they are mail in ballots breaking for masto 60, 61. if she can'ts to hit at that pace. with remaining in clark county it should be enough to go past laxalt. there are votes left in washow county. we're not sure the exact number. she per fermed well so there is also opportunities to make gains

there. those are the two big ones. it's 90% of the state. there is one other red county. douglas county whether vote expected today that should help laxalt. the volume of that vote pails in comparison to what is sitting there in clark. >> steve kornacki, always informative. thank you. who knew we would talk about every single vote being counted on the 11th of november? thanks, steve. let's get to the reporter os on the ground there. stephanie gosk is in nevada. you're in maricopa county where more than 290,000 people left dropoff ballots this year 100,000 more than 2020. officials still counting the votes. what updates do we expect there today? >> reporter: hey, jose. well, officials here in maricopa county have acknowledged they had to move the goalpost so to speak. originally, they were hoping to have 90 to 95% of the votes in

arizona's largest county counted, tabulated by the end of today. they say that given the situation looks like it will take longer than that, given as you mentioned 100,000 more people dropped off those mail in ballots in person on election day. those ballots take longer to process because they have to go through what's called signature verification. now, we're expecting the first results from that 290,000 beginning later tonight and that will give us a sense of how this is going to ultimately play out in 2018, those ballots, those mail in ballots that were dropped off in person trended towards the democrats but trended towards republicans in 20 and that's what republican candidates are counting on for this race. again, we'll have a better idea, start to get a greater

understanding of the overall situation later tonight when the results drop at 8:00 p.m. local, 6: 00 p.m. eastern time. >> you're in clark county, nevada where tens of thousands are uncounted and mail in ballots are still coming in. what's the timeline there? >> reporter: so they settled into a bit of a routine in clark county, jose. they are holding a daily press conference in the afternoon and then they are dropping votes in the evening and that's what we saw again last night. we saw it. you heard steve core knackty -- kornacki talking about how laxalt's lead cutting. if they continue to break for cortez masto the way they are breaking, she has a chance to move forward. you know, there is a lot of scrutiny over the speed of this counting. we had a chance to talk to joe gloria yesterday and ask him what he would need to do it faster. i specifically pressed him on this issue of more staff, more

machines, more space. he says he's working with what he has to work as quickly as possible, that they cannot go any faster but, you know, listen, election workers are going home at night. this is not a 24-hour operation. you have to wonder whether there are questions that nevada has to look at on the speed of counting these mail in ballots when you have a state that is right there, the middle of whether or not this senate is controlled by democrats or republicans. having said that, we're on a timeline, gloria says that they hope to get all these mail in ballots counted by saturday and then you move on to provisional ballots. there are 7,000 of those they would count next week, jose. >> okay. so it's saturday and then the other ones will be counted after that? >> reporter: that's right. they're not getting into the provisionals until next week. that's by law. they have to make sure they can count them, that they are all valid and you go on to those and if you talk about is this -- as

the difference between these two candidates shrinks and you have cortez masto potentially going ahead, the smaller the difference grows, you know, you're to bring on incredible scrutiny here with every vote that is looked at and the attention and spotlight is only going to get brighter for nevada. >> stephanie gosk and erin mclaughlin, appreciate you being with us. now i have julian castro and john. john, when do we expect to hear more about the ballots to be counted in nevada? >> well, steve kornacki as always, jose, laid it out very, very well. we'll not hear i don't think from the two or urban areas where most of the ballots are clark and washoe county.

there are ballots in the system that haven't been tabulated and reported and we know the breakdown. considering kathryn cortez masto is getting 60% of the votes as steve kornacki said that would essentially erase the 9,000 vote lead laxalt has. the washoe ballots should favor her there. there are 20,000 more on top of jose the 35,000 i just mentioned. there will be ballots coming in as steve mentioned from rural nevada including super red douglas county. so 2, 3,000, maybe 4,000 votes will be added to laxalt's total but overwhelmed by these votes from clark county and washoe

county and if the trend continues, if, jose, she's going to take the lead by tonight. >> so, julian, we spent so much money on election equipment, workers only to have a number of states, nevada, arizona, california where it's taking so long to count the vote. how does this lengthy delay impact just this process, julian? >> yeah, well, jose, i mean, in many ways, this is a result of the push that we've seen over the last couple of decades especially by republicans to make the voting process if you take what they've done, you know, in the best light as secure as possible. you think about arizona and nevada and the steps they put in place, they're essentially steps to verify that everybody who is voting is a registered and legitimate voter. everything from making sure that they verify the mail in ballots, giving people a chance to cure if there is a signature that doesn't look like it matches the

person's signature on file. that is meant to make this process secure. so republicans complaining about this taking too long are really trying to have it both ways. on the one hand saying hey, hey, hey, make sure this is as secure as possible. there is no way anybody not supposed to vote can actually vote and on the other hand, when the states put the processes in place to require time because of that verification, they complain that it's taking too long. >> true, but for example -- >> arizona -- >> true -- >> making sure these votes are actually votes that, you know, are -- >> true. >> -- registered, credible voters. >> julian, florida does it. florida had the hanging chad, the embarrassment of the hanging chad and they check your vote. they check your signature. you know, if you do a mail in ballot in florida, you have to, you know, you put it in an envelope and sign it. you have to put all your information in there and if there is a discrepancy on the signature, they reach out to you

and check on ya. in 24 hours, you get florida. i just don't -- i don't get it. >> i mean, also, jose, we're talking about the difference between two or three days, not two or three weeks, right? i also think that it points to the necessity to continue to invest in these local election clerk offices and state election offices so that they do have the personnel and they have the equipment to go as quickly as they possibly can. in addition to that, there are audits that are done in these different states along the way so it may be there is a difference in florida and nevada and arizona in the number of audits done and how much time that takes. i seriously doubt that the process in florida is exactly like the process in arizona and nevada. i think what is more likely is that instead, there are steps in nevada and arizona that require them to take more time if that's not the case, then it may be the

personnel is lacking in states that are taking longer. all of that points to our need to invest in our election infrastructure more than we have in the past to make sure that not only is it as uniform as possible but that it's going as quickly as it possibly can and ensuring that those are legitimate votes and there is no reason to believe that nevada and arizona are not following the process and that this is in any way an attempt to affect how the outcome goes. there's no reason to believe the conspiracy theories that trump and others are already trying to spin about the outcome of the election in these states. >> yeah, i mean, john, how do you see things and how do nevadaens see things? >> well, listen, everything that secretary castro said is correct and i understand the frustration of people in the comparison you make to florida is an apt one,

jose, although, the infrastructure there is much different and what people have to remember and i'm not trying to defend this process. i'm as frustrated as anybody. i'd like to get some sleep, but the bottom line here, all this influx of mail is relatively new here in nevada. it started in 2020 when they changed the law and now mail dominates elections here. you can make an argument they should have been better prepared, but the secretary is also correct is no one should be complaining that they are taking this long because they're doing it in a pain staking way. should processes have been set up to make it reportable on election night? sure. i would have preferred that, as well. but the republicans seem to be upset that too many people are voting. they always have been in nevada, which has had a slight democratic majority. the bottom line is, there is no evidence that there is any

hanky-panky. it's just taking too long. >> yeah, and julian, speaking of that, the pew research center says 34.5 million latinos were eligible to vote. in texas we saw the latino vote. what does this tell us about latino voters and how they're acting in this election and lessons going forward? >> well, i mean, jose, to begin with coming into this election, there was this idea, this narrative building steam that somehow republicans -- that latinos were shifting in mass to republicans. that didn't happen. that red wave nationally didn't happen and it didn't happen for latinos going to the republican party. i think what is true is there is no one narrative that did happen. in south florida they had more success in miami-dade than awhile. on the other hand, their dreams were stifled in south texas where they picked up one seat, texas 15 that had

gary bandered and lost two other seats they hoped to pick up. in nevada and arizona it looks like latinos are a crucial part of holding the line there for democrats. we'll find out how that goes in the next couple days but overall, i think the democrats have to feel pretty good with where they stand with latinos after these results compared to what we feared going into the election. >> john, talk to me about the latino vote and it's importance in nevada. >> yeah, it's been huge. as you know, jose, for the last few cycles, it's the reason that nevada has been a blue state. it's the reason that barack obama and hillary clinton and joe biden won this state. the hispanic collision here helped carry them across the finish line. now, there has been polling that shows that hispanics are moving away but not in dramatic numbers as the secretary pointed out but i have to tell you, the effort

that was made here by the republicans to get the hispanic vote to at least be diminished for the democrats has been unprecedented since i started covering politics here way too long ago. they have spent millions upon millions on spanish language tv and to try to get the latino vote and these races, the senate race and gubernatorial race being so close probably indicates they had some success, but cortez masto especially, jose, made a lot of efforts in the final weeks to activate the hispanic vote and i have to tell you, if in the state that elected the first latino in the history of the u.s. senate, if it can't hold the hispanic vote for her, it can't be held anywhere. >> really important point. julian, meanwhile, something that is really important and i think that all of us have to talk about, the u.s. government. the biden administration extending tps temporary

protected status for migrants from haiti, el salvador, more than 200,000 salvador people, nepal until mid 2024. what do you make of this move? >> this is a very welcome move and a lot of communities as you know, jose, these are folks who are granted temporary protective status, cps for a reason because they're coming from absolutely chaotic situations, situations that anybody could want to flee and have a better life in the united states. they are living in limbo and so at least this provides almost two years worth of some sense of stability and security that they can be here in the united states. of course, the question going forward during this lame-duck session and then beyond that into the new congress will be when do we finally get something that will give them and dreamers and others who are in these kinds of situations immigrants more stability, long-term immigration reform.

that's still on the table. has not been accomplished. mostly because of republican road blocks. but look, it's going to be a new congressional term and perhaps there is more work to do. >> yeah, and julian, i'm thinking there hasn't been any comprehensive immigration reform since 1986. 1986. where is -- oh, i'm being told president biden is speaking right now in eegypt. let's go to that. >> speaker pelosi, members of congress that traveled here to represent the united states and fellow loaders. it's an honor to once again participate in this critical summit. i'd like to thank our host for bringing us together at this pivotal moment. thank you mr. president. [ applause ]

let me start by acknowledging today is veterans days. survivors and caregivers are a spine and soul of the united states. and on this special day. on every day, i honor those who sacrificed for the nation like my son. i want to thank, i want to thank one proud american servant and one of the most decorated men to fight, the special envoy for climate john kerry, john. [ applause ] >> john, your commitment, passion, expertise is critical. absolutely critical to deliver incredible progress on climate issues over the past two years. i thank you, pal. i thank you for being my friend. here in equipment, the great pyramids and artifacts stand to a testament of human inja

knewty. we see our mission to avert climate catastrophe and see a new clean energy economy, not only as an importantive for the president of future but through the eyes of history. according to the world, the world organization, the past eight years are the warmest on record. in the united states, we're seeing historic drought and wildfires in the west and devastating hurricanes and storms in the east. here in africa, here in africa, home to many nations considered most vulnerable to climate change, food insecurity, hunger follows four years of intense drought in the horn of africa. meanwhile, the nigeria river in west africa swollen, swollen because of more intense rainfall is reeking havoc on fishing and farming communities.

in nigeria, flooding recently killed 600 people. 1.3 million more are displaced. seasonal livestock migration routes have been used for hundreds of years are being altered increasing the risk of conflict between herders and local farming communities. the climate crisis is about human security. economic security. environmental security. national security. and the very life of the planet. so today, i'd like to share with you how the united states is meeting the climate crisis with urgency and with determination to ensure cleaner, safer and healthier planet for all of us. [ applause ] from my first days in office my

administration led to the bold agenda to increase energy security at home and the world, we immediately regained the paris agreement. we convened major climate summits and reestablished -- [ applause ] i apologize we ever pulled out of the agreement. we established major economies forum to spur countries around the world to raise, raise climate ambitions. last year cop26 in glasgow, the united states delivered a critical commitment to get two-thirds of the world's gdp on track to limit warming to 1.25 degrees celsius. the united states delivered unprecedented progress at home through a generational investment and upgrade on the nation's infrastructure, we're making the power grid better

able to transmit clean energy expanding public transit and rail. building nationwide network of electric vehicle charging stations over 50,000. and this summer, the united states congress passed and i signed into law my proposal for the biggest, most important climate bill in the history of our country. the inflation reduction acts. [ applause ] it includes less than i asked for, $368 billion to support clean electricity, everything from offshore wind to distributed solar, zero emissions vehicles, and sustainable aviation fuels. more efficient electrified buildings. cleaner industrial processes and manufacturing. climate smart agriculture and forestry and more.

look, our department of energy estimates that the new law will reduce emissions in the united states by 1 billion tons in 2030. while unleashing new powered economic growth. our investment in technology from electric batteries to hydrogen will spark a cycle of innovation to improve clean energy technology that will be available to nations worldwide, not just the united states. we're going to help make the transition to a low carbon future affordable for everyone, accelerate the carbonation beyond our boarders. in fact, the international agency concluded that our significant climate investment will quote help turbo charge the -- excuse me, turbo charge

the clean energy economy. i was reading their quote. sorry. it will shift the entire world and ratify the amendment to rally the world and phase down the production and consumption of fhcs, greenhouse gases but thousands of times more damage than carbon dioxide and yesterday the united states became the first government to require that our mayor federal suppliers disclosed their emissions and climate risk and set targets aligned with the paris agreement. as the world's largest customer with more than $650 billion in spending last year, the united states government is putting our money where our mouth is to strengthen accountability for

climate risk and resilience. these critical steps spur good paying union jobs for american workers and advancing environmental justice in our communities. folks, we're proving a good climate policy is good economic policy. it's a strong foundation for durable inclusive economic growth that's driving progress in the private sector. it's driving progress around the world. and in some total of the actions my administration is taking, puts the united states on track to achieve our paris agreement goal of reducing emissions 50 to 52% below 25 levels by 2005 levels by 2030.

let me take a minute to say how meaningful it is to say that. i introduced legislation in 1986, 36 years ago. my commitment to this issue is unwavering. today finally thanks to the action we've taken, i can stand here as president of the united states of america and say with confidence, the united states of america will meet our emissions targets by 2030. [ applause ] we're racing forward to do our part to avert the climate hell that the u.n. secretary general so passionately warned about this week. we're not ignoring things here. it's true, so many disasters climate crisis is hitting hard as those countries and

communities that have the fewest resources to respond and to recover and that's why last year i worked to quadripole support to provide $11 billion annually by 2024 including $3 billion for adaptation. that's why repair to help more than half a billion people in developing countries respond to climate change. we requested more than 2 billion for the prepared this year. i'm going to fight to see that this and our other climate objectives are fully funded. today, as a down payment, we're announcing more than $150 million in initiatives that specifically support prepares adaptation efforts throughout africa. including adaptation in africa.

effort that egypt and the united states launched in june including support for the early warning system to cover africa broadening access to climate finance, providing disaster risk protection strengthening food security and supporting new training center in equipment to accelerate adaptation across the efforts all across the continent. my administration -- [ applause ] my administration made the united states the first contributor to the adaptation fund this year and this year doubling our pledge to bringing our total commitment to $100 million and making sure every dollar we deliver goes as far as possible unlike -- unlocking larger pools of finance and trillions in private investment we know will be needed.

folks, we're also supporting a global shield to protect vulnerable countries everywhere from climate related losses and quickly respond to climate related damages. in the g 7 led partnership for global infrastructure and investment is working to meet the critical infrastructure with specific focus on climate. the project we're facilitating building on transparency, partnership, protections for workers and the environment. one of the many projects already underway is a partnership between american firms and the government of angola to invest $2 billion building new solar projects in angola and like everywhere in the world, climate adaptation in africa is working toward energy transmissions as just means created good jobs, spurring inclusive economic

growth and leaving no one behind as we implement a sustainable development goal. folks, i know this has been a difficult few years. the inner connected challenge we face can feel all consuming and russia's brutal attack against ukraine is exacerbating food shortages and energy spikes in cost. increasing volatility in those energy markets. driving up global inflation. against this backdrop, it's more urgent than ever that we double down on our climate commitments. russia's war only enhances the urgency of the need to transition the world off the dependence on fossil fuels. true, energy security means every nation, means every nation is benefitting from clean diversified energy future. no action. no action can be taken without a

nation understanding that it can use energy as a weapon and hold the global economy hois take. it must stop so this gathering must be the moment to recommit our future and shared capacity to write a better story for the world. let's build on our global climate progress. raising both our ambitions and the speed of our efforts. the science is devastaingly clear. we have to make vital progress by the end of this decade and that's why the united states is rallying the world around climate game changers. i launched one such game changer last year, the european commission for the global methane pledge. we started with the e.u. and eight other countries in glasgow it grew to more than 100 countries. 130 countries signed on to cover more than half of the methane emissions. methane is 80 times more potent

than carbon and accounts for nearly half, half of the net warming we're experiencing now so cutting methane by at least 30% by 2030 can be our best chance to keep within reach of 1.5 degrees celsius target. [ applause ] today we're releasing the updated methane plan that shows how the united states is meeting the pledge and $120 billion in domestic methane mitigation to do things like cap from wells, leaking methane, improving industrial equipment in the oil and gas sectors reducing emissions. it also lays out strong regulatory actions including, including a new proposal from our environmental protection agency to strengthen standards on methane across sectors.

especially from super emitters to make -- just to make sure it's not released in the communities impacting on public health. all told, these steps, all told, these steps will reduce u.s. methane emissions from coverage sources by 87% below the levels of 2005 by 2030. folks, another game changer is conserving our natural environment. whether it's the congo basin forest and lands here in africa, or the amazon basin in south america or forest wetlands, glass lands in the united states preserving nature is one of the most impactful climate solutions we have. some that indigenous people who have communities have known and been the stewards of these efforts for a long time in generations, they've known it. here at cop27, we are

co-chairing forest and climate partnership to live a real rapid stride to halt deforestation. the best part is we don't have to develop any new technologies. we just have to make clear forest are more valuable when they're preserved than when they're destroyed. it's that basic. those able should chip in to help preserve those great forests. we're bringing together partners across the public and private sector to put healthy ecosystem at the heart of healthy economies. this is going to take all of us, it's going to take all of us. we need to harness our capacity to tackle emissions like international shipping. if the shipping sector were to

stand alone economy, it would rank as the tenth largest emitter in the world. so together with norway, we launched the green shipping challenge. we've seen commitments from governments and ports and private companies to facilitate green shipping cargo and align the sector with 1.5 degree goal. if we can accelerate actions on these game changers, we can reach our goal. we can keep it within reach, as well but to permanently bend the emissions curve, every nation needs to step up. at this gathering, we must renew and raise our climate ambitions. the united states is acting. everyone has to act. it's a duty and responsibility of global leadership. countries that are in a position to help should be supporting developing countries so they can make decisive climate decisions.

facilitating their energy transitions. building a path to prosperity and compatible with our climate imperative. if countries can finance coal in developing countries, there is no reason why we can't finance clean energy in development companies. [ applause ] i'm pleased to announce today along the european union and germany a $5 million package to finance egypt's commitment to clean energy. [ applause ] this will allow egypt to deploy 10 gig watts of energy and 5 gigawatts reducing emission in egypt by 10%. we'll also work with egypt to capture nearly 14 million cubic

meters of natural gas that currently flairs, vents or leaks from the gas operations and because of this cooperation, equipment is elevating the climate ambition and submitting enhanced national determination contributions. if we're going to win this fight, every major emitter nation needs to align with a 1.5 degrees. we can no longer plead ignorance to the consequences of our actions or continue to repeat our mistakes. everyone has to keep accelerating on efforts throughout this decisive decade. my friends, came to this presidency to make the transformational changes that are needed that america needs to make to overcome decades of opposition and obstacles of progress on this issue alone, to reestablish the united states as

a trustworthy committed global leader on climate as i stand here before you, we've taken enormous strides to achieve that. [ cheers ] but i don't stand here alone. this progress is being driven by young people all across america. like young people around the world, they feel the urgency of climate, they feel it deeply. they're committed to these issues. they know the stakes and that's their world we're creating. this is not to stand by and allow us to feel in this responsibility. we can't. that's why as i look out of all the things that i -- we've established with so much more to do, i'm optimistic for all the work that remains to be done, we have to put down significant markets of progress. the united states is taking enduring steps to meet our goals. we're delivering on our promise of leadership and more and more

of the world is standing with us. determined diplomacy is necessary, refining consensus, building understanding and launching new approaches. and the inspiring passion of young people, civil society, climate activists and indigenous communities is literally galvaniing the world. yes, the challenge we face are great. but our capacity is greater than the challenge is greater. let's reach out and take the future in our hands and make the world we wish to see that we know we need, a plan. a clean diversified security energy sources and opportunities on lock for cooperation that deliver equatable more just world for our children, that's why we're here. that is what we're working

toward. and we can do it together. i am confident. thank you, thank you, thank you and my god bless you-all. [ applause ] president biden speaking in egypt at the cop27 conference. i want to go to nbc josh letterman with us from cambodia where president biden is heading next and david road, executive editor for news at the new yorker.com. josh, what should we take away from this speech? >> well, the president making the argument that the u.s. is back on climate change and leading the way for countries around the world. he was eager to tote the inflation reduction act and $370 billion in climate funding that's part of that, the largest investment in climate ever anywhere but, you know, the interesting thing is that piece of legislation, jose, is actually not that popular with

some of the countries that are at cop27 because it's fairly protectionests. it includes subsides for buying electric vehicles and other climate things, but only if they're american made. so you've got countries like france and germany that also make electric vehicles who are very concerned about that. the president making the case that the u.s. government is putting our money where our mouth is, but there are actually concerns from many of these countries that the u.s. isn't putting the money where they want to see it. namely, developing countries like pakistan, which experienced such devastating flooding this year. they want to see the u.s. and other wealthy countries step up to pay climate reparations to developing countries that have suffered the brunt but not contributed to emissions like the way u.s. countries have and instead of that, the u.s. government is proposing to have private companies provide the funding through a climate carbon credit scheme. so that has been really the

flash point that is the elephant in the room for these climate talks in sharm el sheikh is the fact rich countries like the u.s. are still resistant to the idea of assuming unlimited liability for their historical emissions and the billions perhaps, trillions of dollars that could cost if they were on the hook to provide that funding to other countries. the president making the case in his speech in sharm el sheikh that the u.s. will meet its emission targets by 2030 to half u.s. emissions but that's not really a done deal. in fact, recently from the climate action tracker found the u.s. on track to significantly reduce emissions is not on trac actually meet that goal. the inflation reduction act is likely to see a 30 to 40% reduction in u.s. emissions but we're not necessarily all of the way there. and so right now it is a mixed record for the united states on climate change and as the

president was speaking on the bottom of the screen we were showing nbc news's current projections that republicans are likely to pick up as many as seven seats in the house, which could mean republicans taking over control of that chamber of congress. that would only make it more difficult for the biden administration to do more on climate change, to meet its emission goals during the last two years of president biden's term. jose? >> thank you very much. david, i want to continue on this conversation. give us the big picture of what the president said and where he was saying it. >> i want to give biden credit. he's got the best record on climate of my american leader. what he outlined was not enough. as josh said, we probably won't hit the 2030 goals and the developing countries in the world want reparations. and so there has to be bolder action. and what was strange to me too, he wasn't calling out china and

russia, both president xi and putin are there, china remains the world's largest producer, but they need to act as well. and so, again, i give him credit. there's a delegation of americans -- he's talking about the issue. but there was no bold, new initiative that he announced. >> he said, we have to create markers of progress. well, what would a marker of progress look like? >> just even hitting the 2030 goals. josh is right, we're not on track to hit them. we have this crucial decision coming up when we get election results about the senate. senator joe manchin curtailed the inflation reduction act's ability to bring down global warming. if the democrats could give 51 seats, it would give manchin less influence, that could help. what do you do about the seven republicans in the house? i give him credit. he's trying. but this is not meeting this dramatic moment. there's no greater issue i think that the world faces. >> and you mentioned china.

that is the 800,000 pound relevant in the room of many things. i know he's going to be peting with xi on monday. and he said don't expect any deliverables from president biden in that meeting. what would be a deliverable in the meeting with china. >> deliverable in terms of climate. if you look at what's happened with ukraine and russia's utter failure there, there's no question now that there are two superpowers that are dominating the global right now. and it's time -- who knows. this is maybe pie in the sky. but if biden is respectful towards xi and recognizing china as this -- the other great power, there's so many issues the u.s. and china should work together on. climate stabilizing -- reducing inflation, stabilizing the world economy. migration worldwide is a huge challenge. so this is a huge moment, first

face-to-face meeting. and i think a new attitude towards china. russia, thanks to vladimir putin, is not a global power. >> kind of out of the picture in that sense, right? >> yes. >> but not only is china one of the biggest polluters, one of the world's biggest violators of human rights and yet there are investing untold amounts in latin america, for example. they have physical investments throughout central and south america and yet it seems as though that's not really a focus for anybody here. >> now i didn't -- we're in egypt. this is back to human rights. the famed activist -- he's not even drinking water in this long-term hunger strike. he must be released. so biden can push on human rights, but he can push on climate. china is investing more in alternative energy sources than the u.s. that's to their credit. but there's a real moment here,

a big geostrategic shift that can come and maybe climate is something where biden can make some progress with xi. >> it's great seeing you. and i really appreciate you coming in. meanwhile, a decision to charge former president donald trump for holding on to classified documents at mar-a-lago could be imminent. people familiar with deliberations between attorney general merrick garland and his top aides say that garland does not believe it is his job to consider the political or social ramifications of indicting trump, including the risk of a violent backlash. joining us now is nbc news justice and intelligence correspondent ken dilanian. good morning. walk us through your new reporting. >> good morning, jose. yeah, that's right. people inside the doj's deliberations say the main factors driving this decision about whether to charge trump in the mar-a-lago case or whether the facts in the law support a successful prosecution and whether anybody else who did what trump is accused of doing would have been prosecuted. and the sources say the justice

department is looking carefully at past cases involving the mishandling of classified material and there are a lot of them, jose. two nsa employees are serving long prison sentences right now for taking home classified documents. and former cia director david petraeus pleaded guilty to a misdemeanor. and earlier this year, a hawaii woman was sentenced to three months in prison in february after taking home classified records from her job at the u.s. military's pacific command. just last week, an fbi analyst in kansas city pleaded guilty to a felony after admitting taking home 386 classified records. what's interesting about that case, it was prosecuted by david raskin, an experienced terrorism prosecutor who has been advising the mar-a-lago team. another veteran prosecutor just left a law firm to join the

mar-a-lago team. so the bottom line here, jose, it's pretty clear that anyone who did what trump was done would have been charged and that is a fact that's heavily weighing on the justice department initial officials who are deciding how to proceed in this case. >> thank you so much. that wraps up this hour. we're going to have steve kornacki join us after a short break. you're watching "jose diaz-balart reports." diaz-baralt reports. iving with type 2 diabetes, i want to keep it real and talk about some risks. with type 2 diabetes you have up to 4 times greater risk of stroke, heart attack, or death. even at your a1c goal, you're still at risk ...which if ignored could bring you here... ...may put you in one of those... ...or even worse. too much? that's the point. get real about your risks and do something about it. talk to your health care provider about ways to lower your risk of stroke, heart attack, or death. learn more at getrealaboutdiabetes.com harvey denies any allegation of assault.

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