bad hollywood movie all of that happened in california over the winter of the 18 61 and 62 thanks to a river storm it produced 43 days of rain in a row, in fact, every number associated with that event staggers the imagine not only a loss of life 200 thousand cattle and 29 percent of economy was destroyed and built i the gold rush was driven into bankruptcy the land in denounced sacramento was raised 15 feet and the governor added an extra story to the mansion just in case what is truly mind-boggling 1 and 50

years later the lessons faded the supreme weather is not new we've seen education in california and around the world by climate says those episodes with increasing if density it and the rising global temperatures make them less predictable to unlike our predecessors in 18 61 we have the guest of understanding why this they come again. >> how much is at stake thanks to the agreement struck in paris to pg&e power plan and the mo u we've taken steps to heed the warning of a century and a half ago i believe we can be successful over the next decades to create the solutions to stave off a global climate discharge in the government setting the

right policies and individuals stepping up to do the right thing but even if i'm relevant that won't change at fact warm is unavoidable we'll have to contend with those the melting of the parlor i'll say sheet in for your or san francisco bay area more than 200 square miles are vulnerable to the sea level rise with the more powerful i'd like to surges a storm lasting a few days can cost economics damages that's why at pg&e our focus on sustainability so the need to adopt to the climatic change to make your systems for resilient we're developing robust procedures and conducting a comprehensive assessment to vault storms and sea level rise

as we see heat waves pg&e is among the utility that joined the partnering for climatic resilience to share best practices we've also commented 200 and $50,000 in stakeholders fund to protect and restore wetlands around san francisco bay area and provide to join with other corporate members of the abusing council and voluntarily supporting that with public officials andville organizations we're now and then a new program to granted money to public-private partnerships to share the instantaneously for climate resilience and specifically one million dollars to support local planning throughout our service area to help community better understand plan four and respond to climate change risks some stisz have

sophisticated plans underway others are getting starred or face problems those grants we can learn from and with a focus on disadvantaged areas where the resources are lacking we see this as ass our commitment in support of communities we serve now for me that mission has then e taken on a personal resilience in the last 6 months i made two trips the first with governing california designation to the united nations climate change and part of geography to ann art can i cack with a faith in our ability to work collectively to solve this problem and i cack from ann articulate

how crucial we fulfill that promise sooner than later a prominent research has seen temperatures rise 12 degrees in his years of working and paris made clear the world is looking to california for some of those answers and gave me the privilege to tell our story that about that success while much remains to be done a clean energy future is moving faster they than we thought possible we made progress at pentagon this year we expect to deliver 33 percent from qualified renewables and when you include our large ohio plant under california laws don't fit the definition more than 45 percent is cash free light years

ahead of most other places within the next 15 years we'll be approaching 70 percent as we meet the target of 50 percent renewables and one key to the progress is bold target by the policymakers and the wisdom of utilities as partners a critical part of this is reaching barriers probation officer notify solutions the utilities have the unique ability to achieve and accelerate the use of low cash technologies and do so on the quick scale and demonstrated we can move renewable energy and drive down costs and keeping the grid reliable and customer bills down we can continue to do that if we work together with the right steps i think that 3 keys are crucial the first is continued

investment in the grid the grid is the backbone of the economy and makes more than life possible the smallest grid it the backbone of a clean energy economy with more distributed intelligence online privately owned solar and electrical vehicles and the like the grid is more acceptable we see the grid that services what the internet don't say platform a network that pulls the energy and integrate them to have more value for everyone the second key to the future adopting our empower right now the market forces are evolving faster the regulatory framework that largely is stuck in the year of thank god that stalls our progress

for example, in the u.s. an ongoing debate in meter that is an attempt to put band-aids on a antiquated process we need to make a changes and indeed examples regulatory environment slows down not just limited to the energy spear for those of you who flew into san francisco you might have noticed the span on the bay bridge the original part of that bridge is the part that is still standing and at the time that was built had the longtime suspected radios radio that is ahead of the grand jury designed is pencils and slide rules and built with more pleasantly labor than modern projects and took over 3 years to build the new

span that is half as along with the engineering software and technologies and the crucial pieces are being reworked as we talk about the need for the infrastructure i'll life you to decide where this fraction can meet the climatic change and the third key comes from the spirit and letter of paris agreement to keep the focus on recuse carbon rather than one particular mix of resources by doing that it gives the utilities and entrepreneurs the freedom to find the options and maximize innovation and provide consumers progress we know the issue of climatic change is no fixed address many of you come from

far away's places with our history i'd like to offer a few points i hope you can take back to our home first, as a tackle the numerous challenges of clean energy and solving the low cash look to the utility sector as a solution this is an industry that is used to doing big things an industry that was designed to serve the public interest part off dna we're good partners and the second as you look at those problems that need solving remember that we are more energy providers we can help with the resilience and clean transportation and we can help with public awareness and education utilities reach into every home additional business in your country we have relationship with millions in for the

billions of customers and third look at the utilities in our areas as partners just as individual country's can't eliminate cash neither can we our industry is hunger for partnerships you can help to facilitate and nurture we'll continue to make progress offender climatic change we have to take advantage the utilities and all of us to work together to accomplish things in a big way but to unleaf this we'll need the right policies the road to paris leads through this room and through all of you the decisions you make in the next few years shape the world for decades and essential to the ability of our country's to deliver on the promises it is your engagement in overseeing issues that assure that future is right and the stories like

the california meg flood remain in the history books where they belong thank you very much. >> (clapping.) >> thank you, very much. tony, say with great confidence not a business leader utility leader or company that has shown greater commitment to clean energy and pg&e we appreciate our leadership so, now we will have a high-level panel decision a sustainable urban systems so let me ask the panelists first welcome the executive director of international energy agency, mr. lien norris leader of petroleum and john first deputy

mayor of china, and raphael gonzales the ceo of the north america inc. thank you for being you are here today enjoy the discussion. >> so ladies and gentlemen, i wish you, please enjoy the american lunch here while we're going to do discuss a few important issues before going to the panel which is a very expressive panel as you can see i want to make a few remarks two racks one about the year 2015 and the second is a major report we are going to release in half an hour 2015 much has been perhaps the

most incredible years in terms of the fight against climatic change not only because of paris i'll talk about paris in a moment two other reasons why i believe 2015 could be a wonderful year for the fight against climatic change one 2015 ladies and gentlemen, zero two emissions did not increase like 2014 two years in a row we have seen zero emissions didn't increase even though global g dp increased more than 3 percent this has not been the case in the history we have seen only 3 times in the history when it didn't increase and all the 3 years is the financial crisis

other than that for the first time two years in a right now 14 and 15 emissions remain the same good news now the year 2015 more than 90 percent of historical capacity the energy were renewable empowers and solar followed by other not the case 90 percent is impressive driven by china, u.s., europe and india and all other countries this is the second excellent news for 2015 and third was, of course, the power agreement i see the years in paris and he can assure you that paris the

beautiful paris became much more beautiful after december 2015 i can assure i have many french they'll definitely agree with me and in paris in addition to the historical agreement there are two other important elements that needs to be underlined number one our agreements were agreement attempts it was not only a top down target but a button up all the countries brought their targets their policies how their issues extremely important and second paris also brought new actresses into the picture in addition to governments we have now the businesses and act dam and others part of game and other

actor is local governments the cities therefore the paris is not only the amendment of all the countries of the world by the moeshltd were extremely important and in my view down to earth now great paris this to our panel we are going to do present or publish a major report in a hour of time two things i want to tell you about this this report focuses on a the progress in technologies we have a tasht in paris below two degrees and it is important to see how we are doing in different green energy technologies i'm not going to details you'll not lose your appetite we're not doing well

there is some move a process but there are any areas we say are significantly lagging in our report highlights where we are progressing better than expectations with a target established in paris the second area the report focuses on the cities as already mentions about the 70 percent of the emissions come from the city 85 percent - so if you want to solve this problem we have to solve the problem in the cities and the cities in our report they're two areas extremely important one the building be sector from the installation of the building to the for example, the cooling requirements which or go to psychopath in the next year's to

come and what kind of cooling units we're going to use the standard is extremely important for fighting against climatic change the other area we look at the transportation we look into how we can see even a bigger move in terms of the electrical vehicles which one million cars another good news but much for electrical cars and what are the favorable conditions but also the underlined the public transportation how to subsidize public transportation and the rest of the moves in the city we see in the beautiful city of san francisco but ladies and gentlemen, the main issue is the emerging countries cities which

number of buildings built in the city and the buildings is 75 hundred years of time we should look into the future in the buildings which are not efficient so those are the issues that we deal with in our report maine the buildings and the transportation issue so we have now an clean out panel here one minister from the government and the mayor from the e merging country and the company which is dealing with energies i will move to the panel and perhaps start to ask the gentleman the minister of norway mr. minister your country is the highest share of electrical cars in the world into the total car fleet in our

country how do you see is measures put forward and what is it in the future so far as 20 percent if not share of cars in norway are electrical cars which compress the gloeshld average of unfortunately zero want one percent so how do you do that. >> mr. minister. >> thank you, dr. for your words and a moment to look at in a moment in time negative impact 2012 the paramount decided the goal to have 50 thousand electrical vehicles and that goal was already xhoetsd last year and today 70 thousand fewer electrical vehicles and

hybrids if we have hybrids bylaw but basically most of benefits were put in place already in 2002 and 3 and the car didn't take off until 2000 but not before 2011 and so what are the reasons i think the obvious reasons for things to happen in 2011 was the fact that there were cars on markets that were really cars that could meet the needs of families in a safe manner you have the problem we're starting to address in a proper way to say a greater range in norway we have a power system like 8 percent renewable sources nobody in norway we're able to say okay. your changing

our diesel car with pure renewables, of course, the tax and obviously of great importance a high new car sales tax for cars and however no new car sales tax for electrical vehicles of course, the same goes for petro and hardly any tax think renewable energy on the policy on the basis there is free parking in cities free ferry rides, access to bus lanes and from the government does we have good strong efforts into building capacity we targeted isn't urban where most people live establishing with

the transportation for everybody and now we're actually connecting the major cities in norway and this has led to this norway with 4 million people the second and the third largest market bean by the u.s. and china which has more people than norway as you can imagine and a fiscal benefit the in fact, that is when it comes to fueling meets the connection from petro fueled cars which will forever have high taxation and a competition in the decades ahead

but if i might add one thing before i leave the word back to you why do a tremors effort in reducing local pollutions reducing and co-2 emissions they come up justice department just as much space on the roads to have the basic strategy for ongoing electrical vehicles instead of building public transportation system could be a wrong solution. >> thank you very much mr. minister for highlighting the critical role of public transport even though the cars are moving fast in terms of populating the global fleet and mr. minister said if you have to

have electrical cars certain share of your car fleet we need policies and also some regulatory measures and very important as i mentioned mr. minister that in order to have an amount of benefits electricity fitting the car must be also clean otherwise the benefits may not be so obvious so i just mentioned that the statistics are important for climatic change but the e engineering countries are important so we're very lucky the first deputy mayor of in china under jack and you mr. mayor have an excellent experience in our city of the pushing this smart upper

public transportation and sustainable energy can you tell us how you realized what steps you took and whether or not the story you have in your city can be a model for other cities in china. >> thank you sorry don't speak good english so i need a translator.

>> (speaking foreign language.) >> i want to thank the california the governor of office for inviting us to attend this meeting the president of the china has made a commitment via the unclimatic change in paris the reduction of cash emissions in china and now the whole country is taking action i'm very glad our city is very glad to endorse the mou and now under the leadership of the central government we are connecting with california we find the plan of actions with california and

now we are promoting our policies closely. >> (speaking foreign language.) >> this is a city in east of china been shanghai the american female writers who is also the the nobel prize in litter she grew up in china for 18 years and described as her hometown in

china. >> (speaking foreign language.) >> this morning i heard the speech by the government of california gosh and i agree with him very much we need to transfer our commitment to actions. >> (speaking foreign language.) >> so our apart from the separate transportation we have conducted many efforts for the reduction of cash emission in the city and our efforts can be concluded from