two thousand and fourteen we are six dollars b.t.u. so inherently it's still very low as well as we're getting to get into the ground cheaper it's becoming you know we're doing more efficient products all around and again so i think that that's also a market that is tradeable but i don't see a big spike in that coming in any way shape or form the last question we got about thirty seconds david do you think that electronic traders call them speculators but to each his own right you think they've been a good thing or do you harken back to those four trading days when things might have been better. well for me it's because we're always better on the floor it was a great rush and it was a wonderful place to be but i know this is a longer conversation for another show but i think today really shows the problem when electronic markets come in and the algos kick in there is no way the average person on the trade or ameritrade that's putting their orders and can hit that button and make a decision fast enough to curtail their losses and trading is very simple it's all

about critelli your losses and writing your winners and that makes it very difficult you know when markets go down they go down fast when they go up they can go up fast too so it's a double edged sword david greenberg founder and dreamer a catheter executive committee member of the new york mercantile exchange in the past thank you for joining us david. thank you good to see see you. and more energy when we return but as we go to break markets continue their curious correction the dow when just the dow jones industrial average dropped by one thousand one hundred seventy eight points today following friday's six hundred sixty point plummet we saw the largest intraday dow drop in history good history keep in mind that the dow was up in january year over year thirty percent in january alone so five or ten percent is still you know we're still up and some of predicted this thing i predicted it but i didn't think it was to come this fast in this furious as we go to break here are those numbers at the closing bell.

joined me every thursday on the alex simon show and i'll be speaking to guest of the world of politics school business i'm show business i'll see you then. despite its turbulent history deceive us union has dominated international sport however this is not about the motives of those champions from the. photo you don't go. right on that you were number one this it that. the more moved there with the wind offered me if you're if you're going to describe . your workers she was the first to be reserved for your wardrobe the first some of

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back with more foreign energy in policy into this president trumps nominee to head the council on environmental quality c.e.q. kathleen hartnett white has officially withdrawn her nomination from consideration her denialism on climate change had generated stiff opposition west over three hundred scientists wrote to the senate to oppose the nomination saying that quote this is not a partisan issue it is a matter of scientific integrity. and meanwhile tesla has announced that they will partner with home depot to sell their solar roof panels and home storage batteries directly to consumers the roof panels are designed to resemble a normal roof while the battery called power wall is designed to store the charge from the panels to power and hold when the sun goes down tesla says a battery can also prevent an interruption of power to your home in case of an

outage home depot is the largest home improvement outlet in the country with over eight hundred locations at first tesla employees will be in home depot stores that display booze or will be taken directly by home depot staff and after the initial promotion the solar panels and batteries will be in regular home depot inventory. here to discuss solar. energy and the sort industry is nick campanella the c.e.o. of sun pacific nick thank you for being here i mean what is the general state of the u.s. solar energy sector right now and how's it doing compared to a solar companies internationally great thanks for having me the u.s. solar energy sector right now it's a little bit of a flux facing some uncertainty as a result of the tarot if. it was generally set up to shift the production back into

the united states and says support local manufacturers we clearly see a pushed to level the playing field with this tariff. if you had to explain the tariff for our viewers who don't who don't know i'm aware they did a tariff on solely to a tariff on washing machines i believe but explain how the solar tariff for our viewers basically the ministration pass that thirty percent tariff on any solar panel imports from overseas basically that tariff is a step down scale where it will level off after four years to about fifteen percent . fifteen percent all right so just a week after the president announced that tariff that juncos saul or announced that there is a chinese company i believe would build a plant in the us i mean that's not necessarily is that the reaction that we thought was going to happen with regard to the tariff. well it's pretty practical

you know a lot of these solar manufacturers are already currently relocated into the united states you know they would go solar is right now currently probably thinking about doing the same there looking at the tarot the falling dollar and the number of considerations to i guess be closer to their customers when you when you take a look at the level of automation in manufacturing that they have i think strategically we believe that you know that would be a good decision on their part to be able to manufacture and create jobs here in the u.s. if you tell me a little bit about the number of solar related companies and the number of solar related jobs in the states right now nic. right now the predominant is in manufacture it's very limited in the united states i believe there's probably about three or four manufacturers here currently the predominant. structure for us

in the u.s. is the installation and the man management of these solar and renewable energy projects so i meet if you think about places in the world and you think about you know the middle east and obviously they have their their own energy source with with in the ground there but it's there's a lot of sun there's a lot of sun and africa and some other parts of the world but we've got a lot of sun in the in the southwest eccentric how does the u.s. stack up as in terms of potential for use of solar energy going into the future genetic. well solar is is a great aspect of providing renewable energy there's a lot of other renewable energies that we're looking to work with waste to energy wind turbines geothermal so it depends on the location for getting the most aspects from the solar products and solar panel production and what do you

think are that are sort of the biggest challenges for the u.s. solar industry. well primarily we're looking to be able to expand the solar footprint and and reduce our carbon. usage right now i think the ideal opportunity would be to have more federal mandated products that are available for the u.s. solar installation or renewable energy projects to be developed and expanded by being able to take advantage of of the tariff and using that tarot funds that that have been collectively accumulated over the years to help finance some of the local and state and federal projects that we're looking to develop here in the u.s. well i mean you know the administration doesn't seem to incline to the supreme and they're all about you know the beautiful and glorious clean coal which i'm not sure i mean calls fine but i'm not sure how beautiful and glorious that is but i guess

if your jobs depend a point it is but so i don't think they're going to go down the road nikken probably you don't either of you know mandating you know certain businesses have solar sector but one way to deal with it might be something i'm sure you're familiar with and they try to here in the us a long time ago in that cap and trade where you actually have to meet certain standby or metal standards and you can sell credit if you're good environmental citizen or business to perhaps those beautiful glorious clean coal plants that maybe aren't so beautiful and glorious when you talk about global warming what do you say about cap and trade neck. i believe that that's a great way to tackle the needs that we have in the us and by being able to you know expand on those types of programs is what we would need the in varying that's a scary you know green energy and solar not something that is going to go away but will continue to grow and become. a dominant part of our local energy grid that's

for. that was nick campanella of sun pacific energy now with more on energy and renewables were joined by tyson slocum the director of public citizens energy program tyson thank you for being with us again always great to be here bart ok so let's talk about our overall mix of energy i mean we talk about oil we've talked about solar is it a good thing that we have all these different this panoply of different energy sources out there well definitely having all of the above fuel mix like we do in the electric power sector does have some benefits in terms of being able to draw upon all these different fuel sources whether they be renewables natural gas coal or nuclear but the fact is where the trends are going in terms of market penetration and cost effective fuel sources it's really being dominated by renewables and by natural gas and on the transportation side obviously oil right

now dominates for fuel source but increasingly especially all these pledges we're seeing from auto manufacturers the market impact of a tassel electrification of the transportation sector is the next big step and we get to that in just a minute but i will go back to fracking for just a minute i know you've seen the graphic we showed earlier when when ashley banks was here that graphic of corpus christi in austin which shows that the eagle ford fracking locations are just about as bright as the cities. you know how is that is that impacting not only energy prices but the environment. and also you've got a there's other place in the country too yeah of course i mean fracking like any extractive industry has significant environmental impacts whether it's water you know you use about six to eight million gallons of water per frac to well because you're injecting this water mixed with chemicals and particulates like sand to do

the frac then of course because there isn't robust natural gas infrastructure to pipe out the natural gas that comes up with a frakt oil well in eagle ford you're flaring off. a large amount of the natural gas in the eagle ford as a waste byproduct that's part of what you're seeing in those satellite images and so that obviously has negative to exactly you've got this energy that may be less expensive but then you are burning it off and that's also going in to the atmosphere and in some cases i guess into people's sinks if they're really burning it off and they're saying absolutely yes we have seen a number of well contamination issues across the country and then of course when you want to dispose of the millions of gallons of waste frakt water we dispose it in these deep disposal wells and those are causing seismic activity or earthquakes particularly in oklahoma and in other regions where there's a lot of fracking going when they call those dizzy quakes i think that's right ok

so let's go to renewables and go to tesla which is just you know going full speed ahead and other car makers are feeling the pressure also you know you've got in tesla you've got a speedy car that can really move and is battery powered is that trend going to continue and continue as we go forward absolutely that was one of the brilliant marketing strategies that tesla did was show the world that in all a vehicle could be a high performance desirable vehicle and really at first that was just sort of a bad. ads for wealthier individuals who wanted a status symbol it wasn't really a renewable energy company but with the introduction of the more affordable car even though they're having serious production bottlenecks that's really a recognition that the future of the auto industry is going to be increasingly electric and so we've got to reconfigure elements of our infrastructure to

accommodate that eventual switch and other other things outside of autos that will electrified transportation i mean high speed rail other things that will make sense absolutely and here in washington d.c. where i live you know i get to work every day on the electric powered subway system or metro so yet the electrification for transit isn't just for individual automobiles it isn't just for self driving automobiles it's also for transit operations you know earlier i talked about big glorious beautiful coal and i don't want to make too much part of it i mean people have jobs in it and it's in an energy source and if they can make it cleaner than it is coming out of the ground that to a great thing but you were telling me earlier about the national coal mining museum . let our viewers in on that right so the kentucky coal museum in the state of kentucky last year realized that they could put eighty solar panels on the roof of the museum and generate electricity for cheaper than what they were paying the

local utility which relies heavily on coal and so even in the heart of coal country to power of the coal museum in kentucky they are solar because it was the cheapest option and that's really what we're seeing across the country is that renewables like wind and solar are increasingly the least cost option for consumers and for markets and that's really the revolution that we're seeing today tyson slocum director of public his energy program thank you for being here always my pleasure. and before we go bad boy bank wells fargo has been taken to the woodshed yet again this time by the u.s. federal reserve which has and this is part of it in foresman action barred the bank from the growing past one point nine five trillion dollars in assets as one analyst

said the fed just put the fear of god in the bank board rooms across the country we'll have more wells fargo tomorrow with eric reimer who has written about this strange set of circumstances and be sure to catch boom bust on you tube youtube dot com slash boom bust r t catch you next time. a little bit of hard sell you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles that. the new socks try to tell you that the beach gossip a template for. one of my eyes and tell me you are not cool enough like they're proud. of the hawks that we along.

with one. the u.s. is losing into a summer on the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of the climate change and why the catastrophes the global you know migrants that are the result of it all these other problems are hurting the u.s. economy on the other side of the trade so you've got a double by. one

point out of it. the. u.s. republicans allege that the infamous don't see it is behind many of the trump russian collusion claims may have been based on info provided by the clinton campaign as well as the partly funded by the clinton foundation. human rights watch has published a new report which revealing how strong the anti-psychotic drugs are being misused in some us nothing. for you so sleepy did a. more new suv. totally dry and you couldn't even talk to. formula one defines to ditch it five conic grid girls in a bid to keep up with the times some of the girls affected say they're losing

perfectly good jobs for no reason. it's. a very warm welcome you're watching r.t. international with me becky aaron good to have you with us the u.s. republicans have released a document alleging that the man behind the trunk that russia dossier was not only funded by the clinton campaign but was also fed information bias mr steele's memorandum states that the report was information that came from a foreign substance who is in touch with a friend of the clintons it is troubling enough that the clinton campaign funded mr steele's work but that these clinton associates were contemporaneously feeding mr steele allegations raises additional concerns about his credibility the so-called trungpa dossier was compiled by

a former british intelligence officer chris steele and claims to establish a strong links between russia and trump during the twenty sixteen election the steel dossier was criticized for containing floors and being unverified but it was still allegedly used to secure some valence on team trump and became an important part of the investigation earlier however it was revealed that the dossier could have been funded by the campaign of his rival hillary clinton is the latest claims that clinton affiliates also fed information to its author christie will turn out to be true it could potentially undermine the anti at collusion pro. oh but did we catch them in the act or what you know what i'm talking did we catch them in the act they are very embarrassed they never thought to get caught we caught them basically you have a opposition research which proves to be propaganda not even factual information that led to the appointment of bob waller to investigate trump for russian

collusion that appears not only not to have happened but to have been invented by the democrats paid for by the democrat national committee and the clinton campaign and now they're investigating trump i still think the funniest part about this is they want to say trump well we couldn't find any collusion so it must be obstruction of justice that he fired the former f.b.i. director what was he obstructing if there was no justice to be served because what they were investigating wasn't even true i think that's laughable the republican party earlier released him memo outlining a potential bias on the part of the f.b.i. and the department of justice in that trunk pressure probe but documents face criticism from the democrats that republicans now say their investigation will per seat to encompass even more branches that the government yes so let me get to that so so phase one of our investigation was just getting to getting at the pfizer.

what we're looking at now is the state department and some of the irregularities there and some of the most vocal critics of the memo have been the washington post and the new york times that generalism has become the subject seventy film but as the american explains journalistic values can change over time. the washington post and the new york times once established themselves as shining beacons of true journalism a brave group of reporters who would stop at nothing to find out as much as they can in their quest for truth but i'm actually talking about the seventy's back then new york times and poster as risk jail time by publishing classified documents on the vietnam war the new york times begins its explosive series based on the pentagon papers publication of a covert version of the war had recounted to much of the optimistic talk that it permeated official statements for years now daniel ellsberg leaks the documents to the washington post you want to learn more go to the movies and check out the oscar

nominated film the post seems like the perfect robot alter trump attacks on the media and according to the creators that was actually the intention one thing that both of these areas have in common that really attracted me also to tell this story is two presidents. declaring war on the news media i really feel that we shall overcome what all of us have been so subjected to over the past sixteen months while spielberg's political message is pretty difficult to miss even in the trailer you publish to be the supreme court. we don't. know. what are you going to do this is ok and what are those two newspapers up to these days well they're not exactly true to the idea of exposing the intelligence community the washington post was one of the loudest voices against the release of the newness memo why because this classified document which alleges misconduct by intelligence services quote in danger's national security and wa po published

a number of articles predicting devastating consequences from the memos released and slamming donald trump while they were at it and media who are in favor of the memos released got bashed as well the clip on paid for fake news russian propaganda dot ca of course was used by the obama administration to obtain pfizer warrants to surveil members of the trim campaign. the new york times who exposed the pentagon papers back in the seventy's were also against it so the cia and f.b.i. went from bad guys hiding their secrets from the public to a pillar of society standing strong against the evil trump the irony today among many ironies is how the mainstream media forgotten their own history the new york times the washington post today when it comes to us songe and others call him the worst threat to our republic is that we've ever seen but just years ago decades

ago this same behavior. now lauded in the movies seem to herald this particular type of behavior though showing again the unmitigated unbelievable hypocrisy that astounds me daily so there you have it the same outlet that has democracy dies in the dark as a slogan would prefer its secret intelligence actions never see the light of day samir khan r.t. washington d.c. . the french island of corsica is receiving a monument from today the president's visit his first as president comes on the back of a large nationalist protest there at the weekend corsican all thirty say six thousand people took part in the rally organizers put the figure at twenty five thousand.

so yes of course we're fridge but we're corsicans and they should recognize that this is a bit of money we are protesting because course chris being held hostage by france because currently everything is being cited by officials in paris is out of the question because when you first of all would demand the transfer of course you can political prisoners to corsican prisons families are suffering because currently political prisoners are located far away from their homeland this is the most important demand. the president's two day visit to the region whose population is just half a percent of fold of france's comes at a time of rising separatist sentiments. the one nine hundred seventy s. corsica's fight for independence is at its height with a nationalist movement carrying out

a series of bombings and shootings the deadly campaign will continue for decades in one thousand nine hundred eight the top official on the island florida and yack was killed becoming the ninth state worker to be murdered by separatists in two thousand and fourteen the national liberation front of course lay down its arms declaring a permanent cease fire opening a path for separatist and pro autonomy political parties to reach a compromise with the central government back in december and nationalist separatist alliance an absolute majority in the course. leaving micron's political movement far behind that victory raised separatists hope. i. get their wish list is relatively modest at least for now the main cause official status for the corsican language control over the local budget and no more holiday homes for outsiders clogging up this paradise known as the island of v.t.

of course can leaders warn paris should he calls some people are now telling me if winning elections does not even get us to hold talks on what we gave you a mandate for it means democracy is a dead end to go from that to saying bombs are more effective than votes is something i don't agree with but which at some point could be validated by number of people. giving in could prove difficult for highly centralized france previous administrations have met corsica's demands with irritation and even refused to negotiate on hints he may be different specific promises approving allusive so far. we can see the possible changes but as elsewhere within the framework of the constitution this republican framework does not allow us to say yes to certain demands such as on residency rights already rising corsican language alongside french.