spoke to it but i just want to specifically talk about the clean energy development administration or ceda. do you think that is a useful model as a way of helping get over the second valley of death? >> potentially it certainly has that as that opportunity. there is a short circuit in the market, as i tried to articulate, that basically there is not the right kind of money out there for this kind of task for large scale demonstration projects so whether it's ceda or maybe some other model or maybe you change the tax rules or whatever it is, that is a market disconnect that is sort of screaming out for some kind of solution. and i think there are a number of interesting ideas out there. that's certainly one of them. >> thank you. thank you, mr. chairman. >> did you have any additional questions? if not, we can conclude the hearing at this point. >> well, i don't want to, you know, put a crimp in your day. >> no, go right ahead. that's what my day's for. >> i wanted to ask about china and sometimes we help, the u.s. government helps u.s. companies come up with technologies and then when the

kind of money out there for this kind of task for large scale demonstration projects so whether it's ceda or maybe some other model or maybe you change the tax rules or whatever it is, that is a market disconnect that is sort of screaming out for some kind of solution. and i think there are a number of interesting ideas out there. that's certainly one of them. >> thank you. thank you, mr. chairman. >> did you have any additional questions? if not, we can conclude the hearing at this point. >> well, i don't want to, you know, put a crimp in your day. >> no, go right ahead. that's what my day's for. >> i wanted to ask about china and sometimes we help, the u.s. government helps u.s. companies come up with technologies and then when these companies go to do something in china, china insists on their, you know, their intellectual property being -- giving up their trade secrets in order to do business in china, and i think this violates basic free trade principles. senator webb has looked at this issue and i believe this committee ought to explore a solution to this problem. do either of you h

>> jim ceda starting us off tonight in paris. john harwood, chief washington correspondent, gives perspective on this. hollande is farther to the left, he wants to push back against the austerity measures. what's the potential fallout with international markets and diplomatically with the u.s.? >> reporter: well, we've already seen today the euro fell to a three-week low. i think most people expect european markets to open somewhat lower tomorrow, and the united states markets to follow suit. although there has been considerable expectation as we've watched the story unfold in france that it would lead to this result, and cast some cloud over the efforts to inact austerity measures. >> these measures are being driven largely by the americans. is this creating a ripple across europe? >> reporter: you are seeing a pushback against that, you're seeing it in the united states kingdom as well who is in a recession. in the united states we've seen a slight diminution of the republican zeal for public cuts. and you can expect democrats

. >>> last week they wroted 5-2 to place a ceda tax and if a -- soda tax and if approved, they say theyost onto the customers. >> soda tastes good but at the same time it's not good for you and we do have a lot of overweight and obese children walking our cities. >> it will hurt my bottom line big time and the cost of operating the business will be in question. >> the soda tax would generate an estimated 2 to $8 million and that money would be used to support sports pro grams. >>> they are looking to full the -- pull the plug on facebook ads. they can do better on the world's largest network and what does it mean? we will have an explanation coming up at 6:45. starting may 25th, muni will begin inn stalling a new track. light rail service will be shut during this time and bus shuttles will also be in place. it will affect jay church, 37 corbett, 43 masonic and the end owl routes. >>> stage 4 starts at 10:35 and takes riders from the gold country to central california. it runs through mariposa to clovis which near fresno and that's 130 miles. yesterday's stage went through mt. diablo to