joining us is stephen monroe.fornia do this >> the cost of energy storage or battery storage which will be a major means of carrying this out continued in default. we have every reason to think it will keep falling after that. we are seeing the economics of solar and wind get better. >> economics are getting much better. california draws from a long extension cord, if you will. in addition to the power that it generates in state, california acquires electricity from canada, mexico, and most of the states in between. so the pool is very broad. their renewable resources for wind and solar are very attractive. as we know california is an innovative place. so do we so do we need new technology, or has the technology been developed already? >> we already need new technology for meeting goals like this. it's impossible to predict what the exact outlines of the technology might look like, but between now and 2030, the intra-mandate start to kick in. in. it's likely to boost these changes into technology development solar

emily: stephen monroe with bloomberg new energy finance with us. thank you so much. this week, bloomberg television will speak with california governor jerry brown from the global action summit right here in san francisco. meantime, china is making inroads in the electric are -- car market. it only accounted for 1% of vehicle sales in 2016. thanks to intervention and car companies getting on board, it's about to quickly change. bloomberg click take explains what our electric future looks like and how fast we are going to get there. >> it's been a long time since electric vehicles had anywhere near the market share of the internal combustion engine. today it is still not even close. in 2017, electrics made up 1% of worldwide auto sales but governments have always had an outside influence on the auto industry, possibly even more so than car companies, so get ready for a lot more electric vehicles. since electric vehicles create about a third of carbon as those running on gas, some countries like norway, france, and the u.k. have enacted deadlines to convert all new car

when stephen mather gets still them,ss monroe and tells it is on. those are my three answers. sticking on the topic of the point of no return, i view the final issue of the emancipation proclamation as that. from that point on, it is clear, there is no putting humpty dumpty back together on the wall as he was. there is going to be two nations, north and south, one was slavery and the other without. are they are going to be withted and the one nation slavery. in 1864, charles clarke is elected governor of mississippi and in his inauguration speech, he talks about sending every last man. sending every able-bodied man in the confederacy to the front lines. then we will send our old men and young boys and women to the front lines to fight the invading yankees. them, theot defeat nafta goes on to share, they're in mississippi talking about the indian tribe which says rather than being forced west they joined hands, marched into the sea and kill themselves. that is what the confederacy needs to do, will have to do if they cannot suppress or stop the yankee hordes coming in. to me, t