It will be the ability. To covert 19 pandemic force governments worldwide to impose look downs earlier this year. As 1000000 stayed on for months normal life grounds were virtual holds. That meant a major reduction in air and Water Pollution some animals even reclaimed the stolen habitats. But if some countries start to ease emergency restrictions and governments implement plans to rescue their economies many are concerned the Clear Blue Sky wont last forever. How will the post lockdown surging Greenhouse Gas emissions affect the Climate Crisis. This week we connect with one of the loudest voices urging an environmentally friendly Financial Recovery for the world the executive director of the International Energy agency dr fatty parol talks to aljazeera. Executive director of the International Energy agency a fatty barrel thank you for talking to aljazeera thank you. First something we all have in common in this pandemic and im wondering how you cope in lockdown and how the i. A. E. A.
Future. And the Nonpartisan Congressional Budget Office has told us that the houses proposal will not generate sustainability of Pension Plans or the sustainability of the pbgc. So we better not spend time on something the Congressional Budget Office just isnt going to bring a solution and definitely not a longterm solution. In contrast, the proposal that senator alexander and i are releasing today addresses the immediate needs of the few multiemployer plans facing immediate crisis in a manner that protects participant benefits and also ensures a sustainable multiemployer Pension System for the long haul. And it does this all in a fiscally responsible way. Our proposal is not a giveaway to corporations or to unions, and its a better deal for the taxpayers at the same time than a future that even with a larger problem and a pbgc funding needs that will almost surely be met with a taxpayer bailout. All participants in the system would make a sacrifice. Let me make that clear. All partici
I switched to geico and saved hundreds. Thats a win. But its not the only reason i switched. Geicos a company i can trust, with over 75 years of great savings and service. Now thats a winwin. Switch to geico. Its a winwin. Welcome back to mornings on 2. Hearing from passengers this morning who were on a flight from sfo to hong kong but was diverted back to sfo. The hong kong flight landed safely last nigh. Two hours this to the flight, passengers say the pilot told them the plane was having an issue with the flap. The flight burned off fuel for nearly 4 hours before landing back in San Francisco. There is something wrong with the plane. They had to burn the fuel and run back to San Francisco. The flight path from the website flight radar 24s shows the plane circling over the Pacific Ocean before landing several times. Passengers say they were offered hotel rooms and another flight. Three pharmaceutical companys will pay california 70 million to settle allegations that they delayed deli
Needs more bases the route the Indo Pacific Region because of what he called chinas significant technological advancements. Meantime, china says the Iran Nuclear Deal is irreplaceable and says the agreement is the only way to resolve issues with the countrys nuclear program. The Chinese Foreign ministry blamed the United States or the tensions with iran. Last year, the u. S. Pulled out of that deal and we imposed sanctions. Reimposed sanctions. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 in london, and 1 00 a. M. In hong kong. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stores on the bloomberg and around the world we are following. Retail therapy. Retailers post broad gains, flexing the muscle of the american consumer. Can a strength continue to drive Economic Growth . Inv
New Solar Energy Project and the tank of desert of china. Its set to become one of the Worlds Largest and will supply over 2000000. 00 homes with electricity in china as l squared Renewable Energy is becoming lower cost solution. Then fossil fuel, the port of albert denmark blazer being loaded for an offshore wind park. And the north sea is its beautiful. Its a symbol of green energy. Right now the world is going through. Its great is transformation since industrialization. 150 years ago. To beach Climate Change, fossil fuels will need to be phased out for Renewable Energy. But is that even possible . And if it is, what do we need to do to successfully make it happen . The, it looks a bit like giants performing a dance routine. These rotor blades are among the largest in the world soon theyll be turning to the coastal winds of denmark, north sea, providing energy from a source that can never run out. Al board is a key location for the transition in Energy Production engineer ava nielso