. >> now this new ipc report makes it sound like we're all going to die.mes" headlines, "crops are down, deaths from heat are up. the price of food has gone down because of industry. >> these are very misleading reports. again, there is a problem. in the long run we'll probably make growth rates and yields slightly lower. we're still going to be able to produce more and more food and they're telling us we'll be able to produce slightly less of more and more food because of global warming. global warming is probably going to cost in the order of 2% of gdp. >> says you. >> yes, that's the ipc report but the second half of the century. but remember, that's one year of -- >> we can afford that, we can adjust to that. >> it's not the end of the world. it's a problem. it's one of those many problems what we will fix and mostly by making sure that people stop being poor. remember, people worry, for instance, a lot about hurricanes and that's a whole other conversation. but remember, if a hurricane ritz a rich area like florida, there's lots of damage but fundamen

. >> that's the ipc report, the second half of the century. remember, that is one year -- john: if you can afford that, you can adjust to that. >> it's one of the many problems we will fix, and mostly by making sure people stop being poor. remember people worry about huicanes and that's a whole other conversation, if a hurricane hits a rich area like florida. there's lots of damage. fundamentally people survive. if it hits a poor country like guatemala it wipes out 10,000 people and costs a third of their economy. it's about getting people out of poverty trap and making sure they get rich. then they'll be much better off. john: free markets do that. thank you, bjorn lomborg. coming up, more on earth day and argue about nuclear power and one of my guests says worrying about climate change is racism against people. . john: nothing like a clean glass of water. and i got this right out of a new york city tap! pretty pure! despite millions of people flushing right around here. getting most of the filth out of water is one of the few good things gov

hundreds of experts, packed by 190 government says the use of fossil fuels must be cut by two thirds, the ipc wanting to trebel the use of clean energy, if not, we risk catastrophic climate change. the shift to clean forms such as wind and solar energy will cost billions, and is likely to be resisted by some governments. i should tell you that we are hoping to talk to job who is on the report, speed, the author, we have him early on. joining us live from berlin. some atmospherics that might cause problems, change , but we have mr clarke. i talk about the fact that fossil fuels are bad, the governments will resist the change and it will cost money. we have heard all this before, haven't we? >> yes, i think that the messages coming out in the context of climate change mitigation have not changed dramatically since what we heard in the past. there's more nuance. it is true that there will be cost to mitigation. a main results is in these reports, there's nothing indicating that mitigation will jeopardise economic growth. there'll be cost, there will. and you do need to use energy that is more ex

ipc bitcoin everyone needs to use money. its is how the many works.elissa: did you watch silicon valley last night? why are there nerds or geeks? i am not trying to cast aspersions but are attacked people talking about this is? >> i saw a couple of comments it sells like the overarching theme is we are a little disappointed in the stereotyping of our business. i would probably agree with them long term. melissa: if you actually watched. >> i could see immediately interaction on facebook. [laughter] melissa: you are a good sport. good luck. liz claman is up next. what do you have? >> watching the market's very closely. we just hit session lows. is a sell-off today compared to friday there could be some extreme stresses where we see support levels reached for the nasdaq and russell 2000. it has been a very rough day. we have traders thought in place across the trading floors we are watching everything for you don't look at the metals market but we do see the most bearish numbers since we have seen since the flash crash it is thus serious final hour in t

so that's the ipc report by, you know, the second half on the the century. remember, that's one year of -- >> we can't adjust to that. >> it's not the end of the world. tast problem. it's one of those many problems that we will fix and mostly by making sure that people stop being poor. people worry a lot about hurricanes. remember, if a hurricane hits a rich area like florida, there's a lot of damage. if it hits kwaut ma la, it wipes out 10,000 people and costs about a third of their economy. it's about getting people out of the poverty trap. >> and free markets do that. thank you. >>> coming up, more an earth day and we'll argue about nuclear power. and one of my guests says worrying about climate change is racist against people. hange is racism against people. my fe end of thday. they used to get really tired. until i started gellin'. i got dr. scholl's massaging gel insoles. when they're in my shoes, my feet and legs feel less tired. it's like lking on a wave. dr. scholl's massaging gel insoles. i'm a believer! cozy or cool? "meow" or "woof"? exactly the