secretary moniz: that question is interesting.ing that this is a great earth day for our stewardship of climate of the earth. in terms of cities, cities clearly have to play an important role, as you know. we are well past 50% urbanization globally. we will be at 70% by midcentury. cities do present interesting opportunities, precisely because of their density. we could see much greater electrification of cities served by carbon-free sources. we could see opportunities for efficiency in how people live, so cities are going to play a critical role. another issue which has been emphasized recently is how urban areas and the networking of urban areas in different regions can play a very important part in going to a low-carbon future. tom: i like the idea of networking urban areas. have you seen a change in your tenure of the climate deniers? changed theirthey tone over the last two years? so, buty moniz: i think let me also say that my very first day, before being on the job formally, i made it clear that i did not come to washington

moniz: we believe the market has to play out.d you, lower prices for oil and natural gas in the u.s. have an enormous consumer benefit. the overall economy benefits from these prices, especially in the context of our being a large oil importer. also the low natural gas prices have had an enormous impact in terms of stimulating a rebirth of manufacturing in the u.s. prices have had an enormous impact on lowering carbon emissions by substitution for coal. in manyes have been ways a real boost to the economy. low oil and gas prices. on the other hand, clearly, we have seen our recounts drop to quite low levels. we know that a number of companies perhaps overextended, and have some financial issues to deal with. and we have had our production go down by a few hundred thousand barrels a day. that is still in the context of having gone up by about 4 million barrels a day. i think we continue to have a robust industry. i think the resilience of the shale oil and gas sectors, in the face of low prices, has surprised a lot of analysts. al

i want to thank the secretary of energy, secretary moniz for his assistance in what we built. what you have in front of us and what we are recognizing today is truly a strong, committed process that yielded a strong product. i would like to acknowledge the very, very, very hard work of our staffs. we all know that we cannot do what we need to do as senators without good people backing us up at every turn. i am extraordinarily fortunate as the chairman of the energy committee to have a team on the senate energy committee, the majority side, that is not only extraordinarily hardworking, they are all amazing experts when it comes to the energy space. i want to particularly recognize my staff director colin hayes. colin came in to this energy bill, let's just say midway. he came on as my staff director at the first of the year, after my previous staff director, karen billups who had been serving on the energy committee for close to 25 years. so you have that experience and expertise leaving, and karen worked so hard to help craft so much of this bill. but then you needed the techn

moniz in tel aviv.epublican presidential candidates are hoping to win delegates in colorado this weekend while bernie sanders is about to take time off the campaign trail to head to the vatican. lisa: so far, the dow jones industrial average has been no friend of facebook. index is leaving out the iconic social network. david: look at the nasdaq today come up about .1%. more "bloomberg markets" coming up after the break. ♪ david: this is "bloomberg markets ." time for the bloomberg business/. ." this is "bloomberg markets time for the bloomberg business flash. more orn has received less based on whether he could achieve return on equity and book value targets. lisa: the first inflow in four months for the $1.3 billion fund belonging to bill gross. hasd: unitedhealth group decided to call it quits into states. that's in those go states. hasnitedhealth group decided to call it quits in two states. in politics, hillary clinton and bernie sanders are taking a step back from the negative tone earlier in the

thank you. >> there was a panel a few months ago that ernie moniz and secretary kerry engaged in that talked about ratifying the ctbt and the conclusion of that was that it would take a great deal of ground work in this country to get ctbt ratified and that ground work hasn't been taken. second of all, if the u.s. ratification of ctbt would bring the treaty into effect, that would be a strong argument, i suppose, for pressing it ahead. it won't. the count these haven't -- that will not join the ctbt are india, pakistan, israel, north korea. so the ctbt is not going to come into effect. that's a basic fact. and third, the united states is obeying -- has had a nuclear testing moratorium since 19 199 under the bush 41 administration. so people ought to focus on the attempt of the ctbt and not the ratification process which won't bring about entry into force. >> i was working for frank as his special assistant when ratification debate began and there were fundamentally two questions that opponents of ratification raised. first that the ctbt was not effectively verifiable and secondly that

carol: second -- mark: secretary moniz says the option must stay on the table despite very high upfront authorities have completed the e, but resultsnc were not immediately released. the medical examiner says relevant information about prince's medical and family history is being collected. the agency says it will not release its findings until all of the information is in, including the results of toxicology tests, which could take weeks. body will be released to his family later today. day, i ams 24 hours a mark crumpton. back to you. carol: we have news crossing the bloomberg terminal. cftc.s coming from the hedge funds are bearish on the u.s. dollar for the first time since july, 2014. basically, they are net short versus major peers. it is giving you an idea on what they are feeling in terms of the u.s. currency. let's get back to the overall market trade. abigail doolittle is live at the news -- nasdaq. if i check out the numbers, it is set to close down on the week for a two-week losing streak. what is behind the weakness in terms of the overall trade? abigail: it has been a roug

he is so into to the environmental debate and we will bring it the secretary of energy, ernest moniz.nd this is the theme in paris. it was something to see, cities, communitysinesses and leaders collectively play a larger role in the future emissions than any federal government. that is what michael bloomberg, and certainly that as we saw from the mayor of paris as well. francine: yes, it is one of the things that we were covering in december, and it is amazing the power of these big cities and these metrolises in tackling climate change. if you start there, everything else should follow. tom: final thoughts with jim paulsen and anastasia m barroso -- ambaroso. are we going to see a list to global gdp? anastasia: i think cyclically we will. even though we are toward the end of the cycle, we are not there yet. yes, we could see a list of global gdp as the u.s. consumer is still there and global growth seems to be forming upward as well. tom: you link it to develop gdp as well. jim: i do. i think we getting the first synchronize global bounce. tom: since a few years. jim: i don't think

and i also want to thank senator -- secretary moniz and his staff for all the work that was done in the committee and secretary jewel on both the lands package and other energy provisions. i know that the chairwoman probably discussed the issue of natural gas exports and secretary moniz provided us language for how the agency is working that we put into the bill. so i want to again thank my two colleagues that are here on the floor, senator shaheen and senator portman, but certainly senator shaheen has been dogged in her enthusiastic support for not just energy efficiency policy, working with senator portman, but when she left the committee, i don't think she really left the committee. she just pretended that she was somehow still connected to our efforts. i want to thank her for that and senator portman. but i think that we have taken the good work of these individuals and probably had almost 30 different energy efficiency proposals in this base legislation bill that we have incorporated and now are able to move forward on. i also want to thank my colleague, senator heinrich who has se

the energy secretary, secretary moniz, helped us on this legislation clearly calling for the type of21st century energy structure investments that will help our country be competitive for the future. it also will help us skill and train the 1.5 million new workers that we need over the next 15 years. and i should say one of the provisions that we were so happy to defeat amendments on yesterday, preserving the land and water conservation fund. the land and water congress vision fund being -- conservation fund being one of the preimminent programs in our country for preserving open space at a time as our country continues to develop. it has been a program that has nurtured, that has a very important need for all of us to be outdoors, and it is also helped to build an outdoor economy. so saying to the american public this is a program we believe should be made permanent, particularly after last september's lapse and our successful renewing it for just a couple years. it's time to say that the land and water conservation, a program that's been around since the 1960's should be made perma

see the next president find somebody in this cabinet, i suggested in a column the other week, ernie moniz somebody who would stay on and provide continuity. >> remember when he had a neck brace on? he said he talked to his wife about going into service and he woke up with a neck brace and she was standing next to him with a metal bar. >> this is how he responded to even run or be anybody's vice presidential candidate. >> he used to open every speech -- i would travel with bob gates. he would say "it's great to be here in st. louis. actually, it's great to be anywhere but washington, d.c. ". >> that's the guy. he is an outsider. never liked it there. >>> still ahead on "morning joe", a word of warning to donald trump and perhaps hillary clinton. don't underestimate ted cruz. columnist in josh green explains why he says the republican senator has a lot going for him right now. plus the editor-in-chief of the hill just sat down with trump, and later, hillary clinton supporter senator tim kaine of swing state virginia joins the conversation. i wonder if he'll be her vp. plus senator jeff merk

i was with secretary moniz in paris. ten members of the united states senate went to paris during the negotiations. we were there less than 48 hours. but i think what we were able to broadcast, united support for u.s. leadership for a global commitment. and secretary moniz, our secretary of energy, took us to the exhibit where we saw firsthand u.s. technology. u.s. technology that will help us meet the challenges of climate change, how we can produce energy more efficiently, how we can use energy more efficiently. it was u.s. technology, and that technology will be used around the world. and i mention that because u.s. global leadership is critically important to help save our planet from the adverse impacts of climate change. yes, but it also will help our economy. it will help our economy obviously in dealing with the effects of climate change but also in u.s. technology being used around the world, creating jobs here in the united states. mr. president, this is an urgent issue. let me first, if i might, quote from pop

finally, i'd like to thank secretary moniz who has been a champion for this program. i urge my colleagues to support franken amendment 3833 to bring jobs to indian country. thank you. a senator: madam president? the presiding officer: the senator from tennessee. mr. alexander: madam president, i thank senator franken for the way he's worked with our committee. i'm going to vote for the amendment and i recommend others do too. the presiding officer: the question is on the amendment. is there a sufficient second? there appears to be a sufficient second. the clerk will call the roll. vote: vote: vote: