tv [untitled] July 1, 2012 8:30pm-9:00pm EDT
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make your statement. to the world. you can still. talk about this is r.t. and these are the week's top stories of the people decided the international powers meeting in geneva called for a move towards a political solution to syria's bloody civil war backing their idea of a transitional government in power they may know position groups have lost no time in rejecting the plan bringing out a new rule of power sharing settlement that involves president assad. german chancellor angela merkel is forced into and re u. turn is between me and spain when they're fined for low boring rates on bailout loans and they say the climb down is likely to approve the chancellor on the
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defensive at home where people are losing patience with their own god. the european union's involved only arena oil cake centerra ron says it's been stockpiling money and goods as a buffer against sanctions from brussels that some iranian officials say they're still able to sell oldest i'd be us a bond science to the extensive list of waivers from washington. and dollars he's in to use up next for you and our business presented to make sure men today go talks to pulitzer prize winning author on iran's ability to export oil now that sanctions have come into effect. on the first of july europe will seize importing oil from iran and new u.s. sanctions will also come into place now to talk about how this will affect the energy market i'm now joined by daniel yergin he is the chairman of my h.s.
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there and also author of the quest and pulitzer prize went to daniel it's a big pleasure to have you on the thank you so right now what we're seeing on the energy market is a downward trend although over the years of the economic turmoil two thousand and eight two thousand and nine and the following years we have seen oil prices pretty high what do you make of the downward trend today it's quite remarkable because just three months ago or oil was almost one hundred thirty dollars a barrel and people said it was going to go to one hundred fifty and now it's been on this downward trend that has in a sense taken people by surprise and i think what it reflects is the reality of supply and demand in the market how it's changed and also what is really quite remarkable exclaimed of relaxation almost or a calm about these very powerful sanctions that go into place on a rainy and oil because i think right now the kind of sense in the market is that
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there is alternative supply that will replace the iranian oil this embargo on imports of from iran is coming in at a very difficult time for europe we've got the european debt crisis which is looming and there's basically no light at the end of the tunnel so far. do you think europe is doing this at a very bad time is it shooting itself highlights i would say there was much more worry about exactly that question going to treat three months ago when it was thought that the result of this could be to send prices up rather than down and i think the economy frankly i think the iranians thought that that was going to happen but there seems to be such a supply i question that unless some other surprising things happen there's enough oil out there in the market. that's going to replace it so that this won't necessarily be a penalty on europe and in fact what lower oil prices mean both for europe and the united states is like a big tax cut it actually puts money into the pockets of consumers and if anything it's it's in a it's
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a stimulus to recovery now the fact that europe is stopping buying oil from iran and china is becoming a a huge has become a huge player on the energy market biggest consumers of energy. a kind of it's kind of bringing iran and china together do you think europe might lose around to china i think one of the major themes in the quest is about how china has gone from being an oil export or not so many years ago to being the world's second largest oil importer and not only the economic consequences of that but the geopolitical consequences which you're talking about and i think in general what we're seeing is a situation where more and more of the oil for the middle east is going to flow east rather than the west because that's where the growth market is and something else that's very striking that's happened it just did not seem conceivable four years ago is the growth of production in the western hemisphere and that is a theme that is one of the dominant themes in the quest because it's this thing
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about unconventional oil u.s. oil production is up twenty five percent canadian oil production is increasing brazil's increasing and you start to see a world in which the western hemisphere in five or ten years will be more trading among itself and again what you're describing more of a shift towards the east for the middle east let's talk about these unconventional oil and gas the technologies right now shale gas has also become one of these shifting basically to shape all of the energy market but russia is not on the right i mean it were obviously the birth of shale gas it took a couple decades to actually have it happen but it probably is the biggest energy. innovation since we give this century it's transform the energy market the united states the u.s. was going to be a big importer of oil and he in fact was going to be importing l.n.g. from not only from the middle east not only from australia but from russia and now it's self-sufficient and now the debate in the united states is about being alan g.
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exporter so big impact there. but i think russia as you know is often said to be the saudi arabia of natural gas and has so much conventional gas that shale gas is not relevant to it in the same way that it is and there are different you know different political authorities different have different attitudes towards shale gas but the other unconventional that is really having a big impact is what's called title oil and that uses similar technologies and you know the u.s. everybody always saw the u.s. production continue to go down imports go up the u.s. now is increased its oil production by twenty five percent and i noticed in russia now there's a lot of discussion about particularly going back to places like west side stablished oil fields and using these technologies because for russia maintaining an increase seen its oil production is also
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a national objective. and nonrenewable resources and for many years many instances of the twentieth century twenty first century people have been saying that one day there will be a crisis of production that the world will run out of resources when do you think this is been a very familiar question in fact in the eight hundred eighty s. both in the united states and in the russian empire people said in the eighty's that the era of oil is just about to come to an end and of course we're still here and technology keeps opening doors and now natural gas resources are so much larger than they looked to be five or seven years ago and they're been mazie new natural gas discoveries off of east africa. so for all oil the questions are not only the resource center ground but what happens above ground what kind of decisions that governments make and obviously the big challenge is the emerging markets what you spoke about before is trying and meeting their demands so it's a challenge but it seems that the resources physical resources are there but at the
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same time we have to become more much more efficient in how we use our energy a much more efficient on the energy market let's talk about. other aspects that we are noble energy we have nuclear energy which has also been changing especially. several countries have been saying they want to go away from nuclear energy what is the future of nuclear and well i think that the nuclear we should talk about nuclear and renewables i think nuclear the fukushima accident tremendous tragedy it's obviously japan was headed towards being fifty percent nuclear and now the question is going to be ten percent nuclear fifteen percent nuclear such a plan is a real struggle about what it's going to do and the reason it went nuclear is it doesn't have very many resources of its own so now i think there's a big debate and really kind of a crisis of confidence about the energy future about the whole system of governance we've seen different changes different world germany after fukushima changed its
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mind said we're going to shut down our nuclear. russia continues to go ahead nuclear continues to go ahead in the united states and continue to go ahead in finland france is seventy percent seventy five percent nuclear so i think it depends country to country you have south korea building new nuclear power plants and so it's a very mixed picture and not what people talked about two years ago we talk about a nuclear renaissance it's a mixed picture of renewables is very interesting and i had a lot of fun in in the quest really trying to understand the rise and fall and rebirth of renewables and i talk about the rebirth of renewables because this was an industry. with great enthusiasm in the one nine hundred seventy s. and one nine hundred eighty s. but it was very very small and technically mature renewable industry today is much more mature industry wind machines are much bigger solar costs are coming down but they're still more expensive and they still haven't got to scale so it's going to
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be a further evolution before i think that they really gain more market share unless you're a country like germany which says we're rich country we're willing to really subsidize these resources but i think they'll continue to grow and become part of the mix and i think that the changes in the energy mix probably won't come until after twenty thirty because of the scale of conventional energy growth in the needs of countries like china and india let's talk more about that let's just go hypothetical. what is the world going to look like where is it going to take i think. first of all the we know they'll be a lot of surprises and things that people didn't see kamin that of course. that's that's a given but on basic numbers it looks like the world energy demand will be about thirty five percent more than it is today thirty five percent renewables will grow a lot but so will all natural gas and coal i think one big difference is that we're going to see natural gas market share because there is so much gas and we'll see it
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use more widely electric generation and even to some degree in transportation right how will that be also affecting the change in pillars of power you know the middle east will still loom large as because of the tremendous amount of resources but we will see resources developed elsewhere china for instance right now is putting a lot of effort into unconventional gas into shale gas so i think that will kind of development will continue even saudi arabia is looking for shale gas now in order to have use it in electric generation so they can free up more oil for export right daniel thank you very much. thank you enjoyed it i get. hold of. the golden globe.
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little stories on our see a lot of the people decide international powers meeting in geneva called for a move towards a political solution to syria's bloody civil war backing the idea of a transitional government however the main opposition groups have lost no time in rejecting the blonde ruling out any rule of power sharing settlement with which involves president assad. german chancellor angela merkel is forced to into a rare huge turn as a chilly and spain window fired for lower boren rates on day long lows analysts say the climb down is likely to put the chancellor on the defensive at home where people are losing patience with the ongoing crisis. as the european union's and
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bargo on a rainy and saying to have ron says there's been stockpiling money and goods as a buffer against sanctions from brussels says some of the reigning officials say they're still able to sell oil despite being two hours beyond science to the extensive list away bits from washington. now spain has in the historic final food bowls european championships with more of the town they rest of the world's fourth. hello there welcome to the sporting these are the headline kings again spain enjoying this story for a win over italy to retain their european crown. from the move russia striker probable good at me at joint premier league new boys reading on a four year deal. and slovakia disabling the surge of great stage victory tour de
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france produced by being country lara who keeps the lead as yellow jersey. but first spain have been crowned european champions for a second time in a row after thumping italy for a meal in kiev davidge silva schooling the opener for spain after just fourteen minutes heading home from close range after saying. cross from a tight angle there and then just before half time jordi alba added a second after latching on to a three ball from italy did press in the second half but couldn't find a way through and substitute for mandatory some one matter thank them played to the right with goals in the dying minutes spain then retaining their european crown i'm becoming the first team ever to win three major tournament in succession after also winning the world cup two years ago. now another football news russian striker public has confirmed he has agreed to deal with premier league new boys reading he has passed a medical and is now just waiting for
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a work permit the move will see him in sixty five thousand pounds a week in a four year deal for good at the ak had joined full on loan at the end of last season from stuttgart and scored six goals and twelve games for the cottages but decided to move to the royals because the money was better he was also swayed he says by reading's russian owner anton think that if each health plan. is equal or very easy is on the verge of signing preparing to send your man for thirty million euros on monday the play will have a made. will the arjun time play the napoli for five years scoring thirty eight goals in one hundred fifty six appearances and he also scored twice or is country an eighteenth international. meanwhile the russian beach soccer team have won their first qualifier for the twenty thirteen fee for world cup they thrashed latvia nine two in moscow alexy matter of scored four goals in this match while dimitri scored a hat trick russia hoping to continue this free scoring form on monday when they played germany the germans lost their opening match to poland to one in group a the
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two best teams from each group will qualify for the last sixteen. now the first stage of this year's tour de france has been won by peter sagan of slovakia although switzerland. keeps the leaders yellow jersey for another day sagan was part of a breakaway with country lara who is in the yellow jersey here both of them opening up a small gap on the rest of the field with just over a kilometer to go but it was saying that he just manages to pit can chill are on the line to win the two hundred kilometer route a dream told davie them for this novak in he's never ridden in the race before however kanchi la remains the overall race leader not a bad consolation and stay seven seconds ahead of britain's bradley wiggins who was hotly tipped to win this year's toll. it was also a first in goal for jamie donaldson he's won the arash open for his first title on the european tour that welshman finally getting
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a victory on his two hundred fifty fifth attempt and he did it in style too good on the fairways and he was also pretty good on the greens to hitting five birdies on the last seven holes including one at the last to win by four shots from a chasing pack of four the thirty six year old obviously delighted with his maiden win and of course the winner's check just over four hundred thousand dollars. it's not really so it could be i don't think it was played very well always and you know i didn't really look at many leaderboards today so that you're down except to try to get good shots in every every hole and when we get. to the top relatable which is just incredible now russia have claimed another birth at the upcoming london olympics this time the men's beach volleyball team qualified with a two know when i have a poland the two russian tandem teams convincingly coming through the group stages of the world olympic qualifying tournament before dispatching the poles in the
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final it was the last chance for the side after failing to emulate their female counterparts in winning the compadre cup but the players kept then to ensure a ticket to london. season we've been having beaten of bad luck we couldn't win the continental cup but we kept hoping and today we showed how well we can play and i think we deserve really qualified for the olympics. so how well will russia do at the games so we caught up with the russian olympic committee chief alexander hsu cough. have for about twenty five gold medals so it will be actually a little bit more than the june. but just before christmas you know. of course russia will come to america and channel. called
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the results of the last world championship we can say. ok probably the first place i'm doing that this is the second. i think it's very important to have the course to do wonders and. great britain have a lot of. great sportsman so i think they will compete to russia in the united states and china. fled the sound wrestling boxing and also since from no swimming gymnastics you know all this kind of sports. it's good for us. i think often cause. a lot of new very young sportsmen so you can see the
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gymnasts as. our team is very young you know. regular couple of new absolutely new training centers near moscow. lake kroger. and also the new center in such a huge sport so i will give you a lot of new news very good more than sports centers let's hope that puts them in good stead among the athletes going to london are a family who hoped to repay the success they had in beijing and lopez's brought home three medals in taekwondo for america at the last olympics and also also their success in no small part to their coach who's the eldest son mark a kind of change as the story. exciting time for us for me and my family. just to know that you know this is what we worked hard for our whole lives and two
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thousand and eight we made history becoming the first family of top of the tree you know three to actually make the olympic team but we broke the record because my brother gene is the olympic coach. it's a feat that had only been achieved once before over century in one thousand and four when the traditional brothers qualified for the u.s. gymnastics team. but unlike them the locals family also brought home two bronze medals and one silver medal. the first time a limping dream was force ignite in me was in one thousand nine hundred eighty nine years old and taekwondo was an exhibition sport at this olympic games at home are looking over to my brother and going jane tucker knows a limp export now and they are making a big deal of it and right then there is one i knew what i wanted to be jean lucas is the eldest sibling who unlike the rest focused his career on coaching he began
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teaching steve. gage his other siblings when you start kindergarten you really don't choose to do it just thrown in there so diana and i we didn't really have a choice were thrown in there but you know i think god my parents him my brothers you know put us in there and you know it was a blessing and i don't regret one moment but we always were such a close family that everything that we did we did together and we still were still like that today and that's why when i became a family affair for us eugene himself began taekwondo when he was eight years old his father had encouraged him to try the sport because he believed it would teach him self-confidence and build character little did mr hooley locals know what he had started when i was twenty three years old i decided to open. because that's actually the passion. and i have loved teaching and it's something that i
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want and i want to give back the most successful sibling is without a doubt stephen. the five time world champion and two times olympic gold winner was told many times he should retire while on top but even after only taking bronze at the two thousand and eight beijing olympics he's still motivated as ever if i feel. the way i do i would have to say i'll go on until i can't kick anymore until i don't want to anymore and the great thing is i have a brother who is very objective and he'll tell me you know steaming you don't have any more you should just stop but even if steven decides to retire from the sport there's still plenty of future hope for the lupus family the legacy continues because my niece and nephews are training taekwondo and if they want to be world champions one day i believe they can be. and although mark luke has failed to make
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the u.s. olympic team this time around it didn't stop him from participating in it either you know for supporting them and helping them when the olympic gold medal that was was not they didn't find in two thousand and eight so then winning olympic gold is them winning olympic gold for me as well the lucas siblings will no doubt be the center of attention when they take to the match the lympics and even if they don't bet so the two thousand and eight results they've already carved out themselves a piece of olympic history michael jenkins. that is all the sport more like to.
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