were hoping you would be now want us to apply this model it's of moldova so moldova moldova has a great demand for energy and without that access to cheap whodunnit g.e. then development goals of it is one of the one of the key to the mechanism goes is to enable access to clean energy so you need to be but a very very strong interest in getting this model to be proven in eastern europe so success for them is to have this program for the whole eastern europe potentially the rest of the world i mean. sun exchanges system to be as this is a global platform to enable who anyone who is only going to work anywhere else in the world and you would be p.c. to write for those just joining us you know we've been talking about this for a bit now so as you point out anybody anywhere can get involved the solar energy business and derive an income from that seller energy. and this solves problems in areas that have no access to energy because they do have access however to the sun and so this is really creating a whole new market now the efficiencies in this are quite remarkable because if issuances e

so you see moldova moldova has got a great demand for energy and without access to cheap whodunnit g.e. then development goals of it is one of the one of the key to the mechanism goals is to enable access to clean energy so you need to be but a very very strong interest in getting this model to be proven in eastern europe so success for them is to have this program for the whole of the eastern europe potentially and the rest of the world i mean. some exchanges system to be is this is a global platform to enable who anyone who is only going to work anywhere else in the world and you would he be seated right for those just joining us you know we've been talking about this for a bit now so as you point out anybody anywhere can get involved the solar energy business and derive an income from the seller energy. and this solves problems in areas that have no access to energy because they do have access however to the sun and so this is really creating a whole new market now the efficiencies in this are quite remarkab

moldova. tell us about that program why moldova and how exactly does a stock exchange set up that work you know i mean that the objective of the science changes to your head and name so to projects to go ahead the previous week what. we're talking about projects that are less than a metal won't so be considered in the commercial going to industrial sector of the soda market which in a in a market by the united states and germany and i said there was like thirty percent of the industry totally absent in emerging markets and the reason why is that true conventional institution investors are no willing to invest in not scale projects and too small and they're also too big to be financed off balance sheet by the consumer of energy so it was a very specific financial systems have become in place to actually fill that gap i decided to change his mode with twenty eight leases of commercial so dongs which guarantees low cost energy but the they would otherwise be paying and this is a no whom up front cost so we're running a project at the moment sort of how a a factory that manufactures both those out

moldova, i urge you to go. but we are not talking about moldova today because moldova does not have the power to threaten europeand redraw borders and weak states create problems for the united states as we learned tragically on september 11 but we are talking about russia tonight and i write about russia in the book because russia has power to do things in the world, annex territory, support people like assad and to intervene in our elections, right, so power matters. but -- there's two buts i want to focus on. i can think of great powers that rose up and didn't annex territory of neighbors and didn't threaten the liberal order. japan, germany comes to mind, you know, i'm feeling good, i might even add poland to this. poland is more powerful and nobody is worried about them invading neighbors. we are going to have a war conflict with china because of rising power. i don't believe that. i think other variables come into play and i don't want to get ahead of skis in predicting that but i want you to focus it's not inevitable. there must be something more for the story in order to have complete picture of why we

development program on a pilot program to bring cellar to the university in moldova tell us about that program why moldova and how exactly does a stock exchange set up that work yeah i mean that the objective of the science changes to it and they do so to projects to go ahead that previously what what. we're talking about projects that are less than a metal box so what would be considered in the commercial going industrial sector of the solar market which in a market like the united states and germany and i said there was like thirty percent of the industry but totally absent in emerging markets and the reason why is that true conventional institute investors are not willing to invest in that scale project and too small and they're also too big to be financed off balance sheet by the consumer of energy so it was a very specific financial systems are becoming in place to actually fill that gap and so this changes motor with twenty eight leases of commercial so dongs which guarantees low cost energy but the they would otherwise be paying and this is a no whom up front cost so we're running a project at the

development program in a pilot program to bring seller to the university in moldova tell us about that program why moldova and how exactly does a stock exchange set up that work yeah i mean that the objective of the science changes to it and they do so to projects to go ahead the previous week what. we're talking about projects that are less than a metal box so what would be considered in the commercial going to industrial sector of the solar market which in a market like the united states and germany and i said there was like thirty percent of the industry in the absent in emerging markets and the reason why is that true conventional institution investors are not willing to invest in that scale project and too small and they're also too big to be financed off balance sheet by the consumer about energy so it was a very specific financial systems are becoming in place to actually fill that gap and so this changes model with twenty eight leases of commercial so to bonds which guarantees low cost energy then the they would otherwise be paying and this is a no whom up front cost so we're running a project the