All right good afternoon everyone. I will begin as any good host really by assaulting my audience with some numbers The web has done all the hard work by crunching the numbers and here they are to generate $1,000 of GDP a country today must consume 460 kilograms of materials 111 kilograms of energy so simply stated a thousand dollars of growth costs 416 kilos of materials and 111 kilos of energy under these circumstance What we're asking ourselves today is how can carbon emission targets be achieved without compromising the global economy now in this session We'll debate relationship between economic growth and decarbonization We aim to solve the green growth equation here to help us some differing perspectives Jennifer Morgan executive director Greenpeace International Andrew liveries member of the board at Saudi Aramco Mark Carney governor of the Bank of England and Marianna Mazzucata professor of economics of innovation and public value at University College London So thank you all for joining us Jennifer Morgan. Let me kick off with you to achieve Decarbonization what is the green nirvana? What would we actually have to give up in order to make it more sustainable? I Have to say I think that might be a false question if I may Because I think that it's more that if we don't shift away from our existing Economy that's based on fossil fuels What we will be facing so the the impacts that we are seeing happening already around the world Are massive and the costs of those are massive even for a country that is as wealthy as Australia So I think the question really is more what's holding us back in moving into that economy because it's there It's been there for a long time. That's there for the grasp But what would we implement now would we only be allowed to travel by train? Would we eat less meat? What are the top three things that you see the world doing to become better? So I think the first thing that would happen is that the private banks should stop investing in fossil fuels They have been investing trillions in fossil fuels And move into investments in low-carbon zero-carbon infrastructure and renewable energy and you would put in place Laws that would do that you would be powering the world with a hundred percent renewable energy And you would be putting in place the incentives and the infrastructure To do that so people could get around by high-speed rail Powered by renewable energy you would eat less and better meat and dairy and we would have a Common agriculture policy for example in the European Union that would move away from industrial agriculture and support ecological agriculture So in every sector there's really something that's there that needs to happen And I think on the whole will be we'll have cleaner cities and better air And healthier people because it the pathway is actually quite a beneficial one for people Andrew livers Could we do without fossil fuel? I believe the answer that is yes, and I not just and speak with a Saudi Aramco hat there I speak with my former hat as a major industrialist running one of the largest industrial companies in the world The notion of growth that isn't sustainable doesn't work Sustainable growth. I hate the word sustainable in front of growth because if growth isn't sustainable We shouldn't be in business So the ecosystem that we're living in called this planet is strained to the limit We have only one planet last time we checked that we can live on So we've got to do something about the humanity that we've inhabited the planet with and fossil fuels the fuel of the 20th century It's days a numbered are not over but they're transitioning to be over to answer that question How do we get there is a range of different things that have to be done? The criticality that I'm sure the governor's going to talk about which is finance and how finance speaks is a biggie Regulation legislation around the world Paris the climate change accords and really putting oomph behind that and then innovation Which I know everyone's going to speak about here on this panel But while I've got the floor is really key the swath of available technologies to humanity today The ability to put policies in place from efficiency to alternatives to carbon hydrogen economy All the things we can do to actually transition away from coal and oil ultimately to electrification and and really truly natural gas plays a role is all available to us today what lacks is alignment and will and Purpose for all of the various groups to get together to make that happen and in my new life I'm putting a lot of time into that actually, but how can the strategy of big oil actually be compatible with the net zero world? Well, look the term big oil is almost a neanderthal term. I think we've got to realize these companies are energy companies Energy companies like Aramco have realized that this is a time and a place that humanities speaking Communities are speaking Audiences around the world including hopefully more shareholders are basically voting with their feet and basically we're going to have to respond to that Saudi Aramco is a newly formed public company and there is a KPI the UN SDGs are pretty key to this Let's put the KPIs in place and let's help big oil become truly energy companies and let them manage their own transitions They can afford it and they should be able to afford it We should work together to make it so it's not punitive To the immediate world, you know, we can't get there overnight So there are ways to get there Jennifer talked about them and we can't Governor Carney, you're leading the crusade to wake up investors right to climate related risks. Are they listening? I think they are and it's certainly not not listening to me, but they're listening to To the realities that we're touching on so this is these issues have moved very swiftly from being Corporate social responsibility issues or more niche issues within finance to fundamental value drivers I I think we're seeing a fundamental reshaping of The financial system that I'm quoting someone else in using that that term But and there was a lot of publicity for a large asset manager Last week, but that seven trillion joined another hundred and ten trillion dollars of balance sheet that's looking for Climate disclosure and not just climate static disclosure, but disclosure around transition So let me make a core point and pass back, which is what we're talking about is a transition from where we are today To where we need to get to and the question is we need to speak a common language about Units and time frame, but let let me give you One variant of this para stretch goal one and a half degrees 66% probability we have eight and a half years something there about so you round it up to eight and a half years on current emissions Trajectories, okay, what does that mean for the fuel mix that's going to be produced? What technologies are profitable which who are the winners who are the losers in that? What's their horizon? There are other ways to do these calculations, but what you need is common common information common understanding and then a market in it and what is happening is That with the major investors. This is becoming the question. What's your plan to get to net zero of every corporate? It's a question. What's a Ramco's view on net zero? What is your old company dows chemicals plan to get to net zero? Oh Microsoft has just done this to get to net negative What are people's plans and that will that will determine where capital is flowing obviously influenced by? public opinion pressure and government policy as well, but that Moving from if I may from the periphery to absolutely the mainstream is what's going to drive transition And I might add growth and jobs what why don't we have a harmonization of definitions? Yep, we're 2020 look the first real comprehensive definitions came out four years ago Four years ago actually the mandate to do it came out four years ago the actual definitions came out two and a half years ago, they're being refined this year just came from meeting with the IBC they're looking to reduce them down and We expect by COP 26 in Glasgow this November that we will have the refined definitions of this climate disclosure and The leading jurisdictions we want to make those disclosures mandatory But the core thing we want to get as part of the dialogue and you're helping with it Everyone around this table and this and watching can help with it is to make sure that the core question for any business Or any financial provider is what's your plan for the transition? Where are you on that path? What are you doing about it and have that sophisticated conversation because that's what alongside, you know Climate policy and government initiatives are going to drive Adjust transition and Maria Matzikata first How long does this transition actually take place and what mechanisms should we put in place to tilt the market towards? more green energy policies well There's lots of talk right now and people are talking about an urgency to this right so there's the business round table saying we Absolutely must change how we do business and I think what the opportunity is right now about this purposeful company Kind of talk is what would it look like if you bring that purpose to the center of this discussion? And if you bring government to the picture given that markets aren't just kind of out there putting pressure on company markets are in Outcomes of how public private increasingly third sector institutions are governed and how they relate one to another Currently we have three times more government subsidies going to fossil fuels than to climate solutions But also how we do government whether it's procurement Industrial strategy grants and loans does not have this at its core the procurement budget just for the country where I live In the UK is three times larger than the innovation budget. What if we procure differently? What if we do the loans of a public bank in such a way that they're conditional on the transformation of sectors in Germany? We were just talking the steel sector has lowered its material content So it's carbon emissions not because it just woke up and said I want to be purposeful It had to in order to get the loan from the KFW's public bank And this call for bailouts from steel in the US steel in Italy right now is asking to be bailed out They should be you know strongly conditional on transformation of those sectors towards these targets and this is about innovation You don't just you know reduce your material you do it through Innovation and investment and that's a long-run driver of growth and innovation and productivity Try and make a quick point here with one of the things the more we're actually talking about transition The more we'll see what's easy and what's hard what's hard exposes where the opportunities are for innovation So one of the things that he's I mean the Electricity transformation is relatively easy given the existing technologies that are out there The only thing the thing that's hard about it is the existing stock and the transition to that But what is harder is around things like the extent to which there's going to be carbon capture and storage and the technologies around that Shining the light on that battery technology, which has made a lot of progress. It needs a bit more of a push Those areas where you get the focus on what's crucial for the transition That's when money starts to flow in a way that will really make a difference both public money for primary research and Private money with the right signal, but it's got to be framed in the way right way Yeah, so I lord I just want to add I lord the urgency coming out of the financial world The regulatory world has been slow and governments have been slow even though we've got Paris But I think this whole point you just made mark is really key and I do think Corporations leading corporations have already responded But there are a lot of laggards and so what needs to happen is we need to get very serious on the financial side on these KPIs And we also need to understand that there is a transition available right now I mean, I'll take my home country of Australia with the tipping point of the bushfires That is a tipping point that conversation is no longer the economic harm done to Australia Okay by those ravages that have occurred whether you contribute to climate change or not it does Happen and it's happening with more frequency So now Australia's a big coal exporter Australia's a big user of coal-based fire coal-fired power plants There's natural gas available right away a 10-year economic transition or 8.5 year economic transition would lower emissions by over 40% we can do that now What stops that is the lack of courage for policymakers Okay, and in fact many of these companies not responding You know to get us out of coal and put us into natural gas actually natural gas should not be the stopping point Okay, but is it more expensive and actually do you need nuclear? Well nuclear of course is the ultimate answer and you know a lot of people working on safe nuclear and how we actually put that in place I'm a fan of nuclear. I know maybe others aren't I do think we have to put nuclear into the mix But let's make that a conversation that says to the zero carbon discussion If I want zero carbon if I want minus 1.5 if I want to get to this, you know in zero emissions world I've got to figure a way to get their safe technologies out there now I think the safe bet low-hanging fruit is natural gas-fired power until we get to safe nuclear and until we get to things like hydrogen and Safe batteries and affordable batteries. So I actually want to come in on I think nuclear It's fairly obvious that the risks are very high and so building a new nuclear right now But I want to come in on the gas issue because I hear a lot of gas being the bridge into And I I think that we don't actually want to invest in an infrastructure for gas When we know that that won't get us all the way where we need to go and that we should be investing in the renewable infrastructure I agree with the part that it one gets to where we need to go. I don't agree with the part that it can't be a bridge But anyway, keep going. I mean, I just think Well, that's a start So I mean so I because I think if you were to take the funds if you're looking at government funds and where they're Going and be putting them in the place of accelerating the pace of the Innovation if you look at the the dark e-program in the US actually that is still going on of Actually moving those things forward if you you don't want to take your eye You need to put your eye on that ball completely and if you keep it in the fossil side of things You could be creating a whole nother stranded asset in the mix So why not kind of have two eyes we can actually keep an eye on both And so I think you there's a power of the and the Jim Collins to a story here You can't there's no awe in this discussion as long as we agree on the goal Okay, which is zero emissions as long as we say we've got to solve this on a line I think you've got a lot of ands you can use but I agree with you It's not one instead of the other to help us get to a low carbon for we world I think you've got to say it's a transition. I like the word transition with metrics It's also for that right? I mean, it's not about choosing solar or wind or is there danger? But if you have a portfolio that also means risking along the way So the ability of governments also to welcome that risk-taking along the way currently for Necessarily an appetite for that but also the demand side policies. I mean if you look a hundred years ago mass production Which was a mass, you know kind of innovation at the time changing production distribution would not have had the effect It did without the demand pull from suburbanization I agree in many ways these green policies that are not necessarily out there systemically could even be a pull for how the IT revolution the previous tech revolution gets fully deployed and diffused across the economy because it still hasn't compared to the speed of Say electricity, right Jennifer you worry that you know putting some of these policies in place will be hard and therefore governments will back away from it. I Don't think the pudding. I think the policies are quite clear. I think that we know we have we have The reporting standards we have we know what to do on renewable energy. We've researched it. We know long-laut Clear signals are the key So I think the the seemingly hard part which doesn't need to be as hard as it seems is for Government leaders to actually sit down and put this all together with the experts around the world and listen to the public As well as you know smart innovators to put it in place And I don't feel the courage right now in a lot of those CEOs or in a lot of those leaders, but they but it's there And I think the the other factor to bring in here is I think we're on we're in the midst of like the largest civil society And public movements that we have seen we haven't seen this since like the Vietnam War or before the Iraq War That's not gonna start now. That's not gonna stop So it's just getting started actually and you'll hear youth talk about that So I I don't think it's policy wise I don't think it's hard you can get a big part of what we need with existing technologies It's actually the politics that is holding us back on this and that's what I think That's why that need to really bring in the the public the expertise You know, I think oftentimes that's not enough in the room of the scientific community That really knows how to move forward policy instruments. I mean, yeah in Europe, for example There's a new instrument around missions and the idea is that you have a hundred billion horizon program around innovation And now part of it will in fact be focused on Moonshots and these aren't kind of random pet projects that are ministered besides right these are you know The big question is bringing citizens to the fore to even kind of think about what does a green city look like? But that becomes the condition through which you then access the funding so instead of picking winners This idea of what are we investing and you pick the willing but to even have access to any of these funds You need to be willing to experiment towards a solution But that required a new policy instrument, but transitions are difficult sometimes, right? Yes, yeah, they can be they can be difficult They're easier look any any journey any transitions easier if you know where you're going and so the clarity of the objective clarity and credibility about the direction of government policy and the consistency of that commitment even if it's starting relatively small low carbon-tact but with with with a credible Trajectory to where it's going or a sustained R&D effort or you know highlights around certain skills that work in certain areas All of those things signal to individuals to companies to investors where to put their money where the opportunity is and then What the market will do is it will pull forward adjustment It will act more rapidly than actually Paul and policy will help fill in and without question, you know public public attitudes and And and pressure and other things also help shape those decisions as well And and and I think that's part of what we're seeing In terms of the response because the response again in finance if you look at what's happening in finance You have the core of the financial system all the investors wanting information about what about the transition now Different investors gonna have a slightly different view or a different view on how fast is going where to put their bets That's fine. You have the Bank of England and a number of other central banks will do this as well stress testing their banks For a transition to net zero okay, so the world's largest most complex financial system That's what we're doing so at the core of the system now These questions are being asked and are you on the right side or the wrong side of that transition? And if you're on the wrong side, what are you gonna do about it? Why are investors suddenly realizing this is an issue is it the protest industry or is it something else? Well, I think it's I think it's a combination of things I think I mean the the biggest investors biggest asset owners are gonna be around 30 years from now and so they can see the The implications likely implications for their assets that the people at the front line We're in the insurance and reinsurance industry where they're dealing with the pricing costs of this every day But then as well people are responding to their clients and actually, you know, they're not disembodied these institutions They're made up of individuals and they can see the the imperative and in the end, you know What is that? What is the market system? What's it there for? It's to solve problems, right? It's to find solutions It's becoming pretty clear That this is if it's not the biggest problem it is in the top three and therefore That's where the market will go So I not to pour a cold shower on that point, but your new role I mean and what do you bring to the table is really key because I was CEO for 15 years almost I had 60 quarterly earnings calls Yeah with my investors and I never got asked once exactly and it but and when did you start being a CEO? Last year or so ago. Yeah, I didn't I mean so not once did I get asked by a financial owner About my KPIs on my SDGs or my climate change trajectory even though we'd make great progress So I do think we need to take advantage of this tipping point that I totally agree with that we've arrived at Society speaking and speaking loudly the next generation speaking and speaking loudly. We have the UN goals We need to incorporate them in through the financial system. The other vacuum is political Which I'd love to hear more about from Ariana and others which is We're have this notion that we're gonna lose jobs in this transition There is evidence now that is showing that no we're gonna actually gain jobs We need to be very clear then on the transition for the worker Because the worker is the one very afraid and voting Okay in certain countries not you know the US being one of them about I'm gonna lose my job and I'm afraid So we've got to do a lot about that. What is that transition for that worker? How do we put that in place where the policies around that? I know corporations are doing some work on this, but they're fragmented You can't do it from the corporate sector alone. You can do a lot, but not what governments can do So I think those two areas but need to be addressed. Can I just come back though in terms of the degree of shareholder? activism on these issues, so Yes, until the last couple of years But if you look at major systemic banks, you'll get two-thirds of the questions at their AGMs are on around these issues Tripling of proxy actions that have happened. It is shifting very rapidly and the question that people are effectively asking is It's not the vest overnight. I mean some are but it's yeah, what's your plan and and and you see it I mean, we're just in a room with a bunch of CEOs where They're all clocked okay a lot of them have the plan But I think everybody in that room knows they need a plan I agree Can I ask you a question then Jennifer and Mariana what you talked about the tipping point if we are to see a recession the next 12 months. Yeah, well that good will go away. Yeah, well, so maybe I'm a perennial optimist on what's going on with this world But we we have a technology revolution that's creating a new economic growth that we actually if you look at these trillion dollar market cap companies that are appearing We're becoming richer the world's becoming richer. Are we distributing it perfectly? No Are we actually finding a way to actually put the right policies in place for this century? No And frankly, this is where government's ends are not working very well Now the leading corporations are doing a great job of job creation in their supply chains, but you're right I mean if it scales back so I'm saying there won't be a recession Maybe I'm wrong maybe the governor has some views on that but I'm not planning. Yeah I don't think well we had a way to nine and we all got scared and we all got Way different in our forecasting, but look, I think technology driven growth of the type We're seeing will keep our world at the three to three percent level for a while I think we have some time to get this right my personal view not a lot of time for this transition But you're right, you know corporations will March to a different tune if they suddenly start losing money now That's where your point comes in mark and I think it's important that they get the KPIs right Yeah, and the KPIs and maybe just a couple points on the transition I mean, I think yes the plan but it needs to be earlier than okay the 2050 piece But it needs to be a plan for the next few years. Yes. It needs to have milestones. Yeah, right And I mean this net zero by 2050 thing is not actually It's far from adequate. We need it to be much earlier I mean the net zero but then also we need to see the commitments of the companies and the governments before then and That's one thing on the transition. I also wanted to raise the just transition Yeah, and I wanted to link into the the inequality that we have in our world today because as we know Not everyone is getting rich or or richer So first is to make sure that there is a just transition for the workers that that have given great wealth to our societies Right and to make sure that that is built in to any agreement and transition plan But the other thing that I think gets less Attention than it has and I'm starting to call it socially just climate policy because I can't think of a shorter name Is the fact that you see if climate policy isn't put in in in place with In mind with the people who are trying to make ends meet The cost that will go on to those people Right is deeply unfair. It is avoidable It is avoidable and it causes polarization in our societies and that's the risk I think in the transition if people aren't smart those you know You could Australia did this right half of the population in another government didn't pay taxes anymore Right, so I just think that is a key part that we need to take care of people And that's linked to social and inequality today and it can be done, but I think it's often overlooked Mariana then go into what I wanted to say which is that there's this underlying assumption unless we make it clear That this is all win-win, you know, this is all good innovate and invest transform transition And actually along the way we have to make certain types of activities less profitable Including you know, we can talk about the problems with shareholder maximization and the need for stakeholder maximization But you know the amount of for example share buybacks just in the last ten years has exceeded four trillion Dollars in you know globally that currently is bringing profits to you know parts of the system and profits currently are record high So the profit share of GDP as at a record high Investment globally has actually been falling and this is fundamentally an effect of the lack of reinvestment back into the system So you talked about market cap. That's not about investment That's just about rewards going to particular, you know It's one percent and this is important to realize that you know This isn't again about just saying oh, let's do it differently There have to be strong conditions attached and I always go back to the IT revolution because I do think there's some really interesting lessons One of the most innovative companies actually in that period was Bell Labs of you know A very innovative company R&D laboratory outside of that came out of AT&T that came from government forcing AT&T to reinvest its profits back in the real economy back in innovation and big innovation beyond telecoms in order to maintain its monopoly So looking at the monopolies including the kind of Arancos in terms of you know market share and subsidies There should be strong conditionalities in place in order even just to maintain their existing status quo But that does mean change and that change in the short term will mean profitability Going down in certain sectors unless they change of course. That's what winners and losers mean It means not just profitability going down. It means Companies going out of business and sectors Becoming sunset industries, but I make a couple more points if I may first on the regressivity point I absolutely absolutely right to be careful on climate policy on that I think we'd all agree the climate change itself is regressive It hurts the most vulnerable the most both within a country and and globally and we're seeing that with increasing frequency And so secondly when you put in place climate policy in particularly if it's a price on carbon Thinking about how you recycle that price in carbon and whether that's progressive or not isn't is hugely important and Obviously there is you know, there are winners and losers and there needs to be restructuring that's Always the case as you know in the in the economy. This just happened This is the new big vector of that last point I make if I may we're just around technology If you think about the applications now on technologies a couple examples in the overall transition You think about precision agriculture and using computing power and Microsoft and others there you think about grid optimization Through artificial intelligence again I'll come back on carbon sequestration and the opportunities in agriculture carbon sequestration not not injection but egg And you know, these are huge opportunities there. There is no one answer But it is a way that technology spreads out and helps and helps address this challenge Can I go back on my honest point about share buyback and dividends and the governor is gonna Look at me and grimace a little bit here But I I would say the last 20 years of monetary policy Has created lots of new financial instruments where public companies have had to be responsive to to short-term profits And so unfortunately many of us who ran public companies I run public run a public company The quarterly march through earnings created this need to actually buy back shares increase dividend yield to attract new money Activists investors became part of our life hedge funds became part of our life and the long-term investor disappeared on us Okay, and actually strangely enough in the 80s. I would have said the long-term investors Were around in big swaths and private equity came along and that was short-term today. I consider private equity long-term private equity private capital has become much more long-term than the public markets and This is the excess of monetary policy. We've got a swath of money out there trying to find returns pension funds You name it so actually it's a lack of fiscal policy The lack of courage and fiscal policy that doesn't build infrastructure doesn't build education doesn't build systems for the 21st century The lack of courage in the political sector has created this monetary situation which has to be remedied And I'm glad this is exactly what you are asking for and what we need We need a long-term public sector investors back Design the tax system to well games hands are working that area But the same companies I mean you're blaming the politicians of the policies But there's massive lobbying efforts to reduce, you know capital gains for example It should be taxing material more than labor. We could redesign the whole tax system You know not not just about carbon taxes, but literally, you know corporate income tax capital gains tax Taxes on labor versus materials in order to reach the objectives So you may not have liked the BRT statement But that was a sign that the business community is fed up with this vicious circular economy that we've created That one begets the other and that we've got to take a stand on Inclusive capitalism and actually multi stakeholder returns and rewards as a massive signal that was not an easy thing to get I was part of the executive committee that got us to that point that we just can't report a return to one sector of The economy that you've got to think about just transitions You've got to think about communities you got to think about how actually you can help educate politicians to give you the long-term trajectory Alternatives of capitalism or how would you I hate to think of an alternative to capitalism? Maybe some of your terms are used, but democracy and capitalism in its current form is not Distributing capital in the right way to the affected communities. That's the answer So we've got to find a better way of doing it inclusive capitalism is a term being used There's a lady behind me that runs something called FCLT global focus capital on the long-term Sarah someone behind here That's a big big movement What Larry Fink's been saying and you know the passive for the index funds and what they need to do There's a lot of work that needs to be done in this area Yeah, but Larry and two of the other largest asset managers have increased since 2015 the Paris agreements their investments in fossil fuels Exactly the degree to which this goes in the center of the value chain will determine whether this word inclusive capitalism I agree just bullshit or not, right? So I mean currently unfortunately There's lots of talk, but the actual walk continues to be not going in this direction And the literally the lobbying effort that gets done in order to keep the system Yep, to be rewarding short-term capital, you know, why don't we have a financial transaction tax? But something change and because of what some of the big asset managers came out to say that was loudly applauded by actually a Significant change in how they view risk and sustainability. Does that not change a lot and that was two weeks ago Well, we'll see but I think what will really cost change is if the way we govern business the way that finance is steered The way that policy is used both ambitiously and it's not just basic research Mark which you mentioned several times many of the innovations you talked about actually even downstream or coming out of you know ambitious public investments like out of ARPAE which you mentioned Yeah, and the way that these organizations relate one to another less parasitically, you know We've socialized the risks privatize the rewards after the financial crisis We're risking to do the same thing around the green economy How we're actually going to distribute the value that comes about by having this active public Inclusive capitalism investment is is you know, it's not clear right now given how the contracts are set up I mean just maybe a couple a couple points I mean because I think you know we we issued a report today called it's the finance sector stupid Because I think although this group gets it I think it's it's not well known around the world the culpability of the financial sector and calling causing the climate crisis and There may be these types of statements that are out there But you know since the Paris Agreement was agreed you had one point four trillion dollars From 24 banks that have come here in the last five years going into fossil fuel investments, right? So pardon me if I am not very convinced No matter how hard it was to get that done which petrifies me a bit because you know the interests Clearly aren't where they need to be right now but I think Getting those the policy frameworks in place that will move this in the in the central banking system across the disclosure side of things moving the subsidies and Moving away from a definition where GDP is the thing that defines What what growth is what what well-being is so moving more into something that that looks at our health systems That looks at that looks at do we have a an ecosystem and a living earth that we can actually all Live on moving more into that direction, right? You have a New Zealand that's starting to work there There's been work that's done on that but to me that would at least start redefining some of these things and address some of these gaps that are there and the fact that we are using these resources as if We could use them forever and we know that we can't so there's some key parts of yeah There's key parts. Can I pick up on that? Okay, we have caught 26 November 9th and 19th in Glasgow. You all invited and let's Channel some of this energy. I mean there's lots of issues, but let's channel some of this energy Particularly around the finance sector. So what does the finance sector need? What what do do private financial actors need to do? What do regulators and authorities who govern that? What do they need to do to put in place the information the risk management and and the return Vectors the way they manage returns That take climate into account in every single professional financial decision. Okay, that's the that's the question We've got we have a plan to do that. It's open source come in feed into it help shape it. I Start with this. Let's start with the system. We have today The meeting is in 10 months. We're not going to fundamentally change the system or the starting place. We have today Let's move that system so that the core of what is you know is being demanded Which we move to a net zero or to a zero world you can find a zero world But a world where we stabilize the climate in as as as rapidly as possible Get behind that agenda or improve that agenda But within the context of where we're starting from today, and I think actually you do have Jury will be out. We'll see whether what happens from where I sit and all I do is talk to financial institutions Well, three quarters of my day There is a fundamental reshaping of the system underway Underweight not assured underway and the question is whether it gets pushed in how difficult is it so the more questions? You ask about your company and how it you know It deals with climate change and how many more questions are there is it more complex than we thought it was once you get Once you get everybody talking about the transition Exposing whether company a thinks the transition is over 40 years company b thinks it's in 10 You know investor y wants it in a shorter time period, etc. Once you get a common approach to this and Dialogue around it then you have a market then you know where to put the pressure right now the conversation can be deflected so easily Because different people are talking about different priorities with a different language and that's why we need a The language needs to change right so we often hear leveling the playing field right you're talking about tilting the playing field massively towards a green direction and Currently if you look sector by sector there's huge differences in how corporates behave when we talk about stakeholder capitalism Some currently are governed by stakeholder capitalism even in telecoms You know Huawei's a cooperative Erickson has workers on the board Cisco has done one of the biggest You know buyback scheme from the last Ten years so there are ways that we can fundamentally tilt the playing field so that we reward long-termism We reward green transformations and sectors worker training in order to transit On buybacks and returning capital shareholders, which is as part of the transition What you will want we want is that big energy companies are buying back a lot of stock and returning a lot of capital to shareholders Because they're they're their core activity those who haven't reinvested in new energy Has to be returned because what happens to that it doesn't just sit with shareholders I don't just look at it, but that is they reinvested they reinvested in the art But it depends on whether they have the capabilities because not every big energy company Yeah, is going to be a winner in the transition because they haven't developed these core competencies it's the flip side of people of not not adjusting now some of them might and We want a system that moves the capital from those who are going to be left behind to those who might be moving ahead I want to be responsive Mariana's challenge. I mean frustration talking about it Time is over, you know, so it's not what it's the famous quote. I hate to use it I won't use his name, but it's not what you expect. It's what you inspect. So please cop 26 KPIs yeah, KPIs around climate change goals that will keep performance indicators for those who don't Keep performance in these days. Yeah metrics. Yeah metrics that business will respond to metrics Whole people are accountable for it. Okay, money goes to those metrics Okay, they won't get behavior change unless you do that. Yeah, okay You'll get more of the same you'll get talk and you'll get conferences like this that don't re yield in any outcomes Okay, outcomes will come if you change the key performance indicators and the perception and make The mandatory because these voluntary things Well, that's a good place for pressure by the way. Yeah, exactly Mandatory but also the innovation agenda don't write off big oil Let big oil become energy. Let it become sustainable energy be it can do it There are some that are actually are leading it right now and I include in rank on that But you know the transition word is key How long so we're running out of time? Let me ask you each how long you think the transition will be first Is it closer or or is it further than we think? Well, if you're looking at me my job right now is to make it closer. I think I'm an advocate I'm an activist if you want to use that term. We're talking decades or five years Oh, look, it's gonna take us most of this decade But if it doesn't take us most of this decade, we're not gonna like the answer in 2030 We cannot get to 2030 and have this discussion. Okay. And so we now Orianna now, but I just want to come back to your early I'll say it really quickly the first question you asked Jennifer is very problematic We have to stop asking that question. That's not about growth or you know, or what not to do Warren Buffett and he was not a communist. He is not a communist. I promise. He's a capitalist. He always says stop Producing my tax. I don't even care about that. I invest when I see an opportunity What we need to do is create opportunities Increase expectations of future growth opportunities in this area Let's not talk about GDP. How do you measure it? GDP attached with some kind of sustainability index. What measure at the macro level? Yeah I'm interested in measuring what often gets called the ecosystem, but then any biologist will tell you what kind of ecosystem Is it mutualistic or parasitic? How can we restructure public and private actors to actually get mutualistic? Progressive not regressive. Yeah ecosystems, which is public private partnerships that word is no longer fashionable But you're still using GDP as a no the structure we need lawyers I mean, I don't like Innovations in this area we have Incredibly problematic contracts relationships in the current state of capitalism in different sectors But given that this is the one that has to change within 10 years, right within otherwise We're screwed massively We do need to have indicators of how we're working together to get this done and if we're doing it wrongly then you know The money for example coming from governments has to stop in a particular area. That's what I mean by conditionalities That's what got the steel sector in Germany to be the only innovative in the green-sense steel sector almost in the world Okay, so how long do you think the transition will be five ten years long? We don't have a choice. It has to be less than ten. Otherwise, it's bye, but it's not what you want It's what you think. How long do you think it'll take place today? Like when I mentioned the procurement budget in the UK for the Ministry of Transport, it's close It's over 30 billion, right? So if you today said we're gonna procure differently It's not going to just be about costs and kind of minimum, you know cost minimum quality just to get the job done If everything becomes about transitioning in this way, it means tomorrow the way that governments procure Changes the way that businesses get evaluated And basically can't survive or not given that so many subsidies are allowing businesses to survive would change We can change that tomorrow people stop smoking in Italy where I'm from over night because there was a ban No, it was it was almost overnight almost They still park on the zebra crossings in front of schools because there's no fine people do change Governor Carney, how long do you think the transition is? The honest answer I don't know how long the transition is but what I think I mean I I forgive me I wouldn't do the it's the finance stupid.  We've got a problem plan beats. No plan. That's the one thing I learned in the financial crisis So we've got a climate crisis plan beats. No plan. What's your plan as a company? What's your plan as a bank? What's your plan as an investor? What's your plan as a government? What's your plan as a media organization around this? What's your plan as an individual get it out there? And then and that's where that's where you you start to force the change Around it and look I'm simple finance is what I know That's how finance will that's how finance will adjust and now finance Investors banks insurers asset owners starting to say what's your plan? And I'm sure on the Aramco IPO that question was asked Yeah Well, I think the transition I think the demands will come for it to happen overnight. It's happening You heard I mean the the op-ed that that youth signed up to here was focused on the finance sector I think that that is an incredibly important development that business should be taking into account It's not only looking at governments It's also looking at corporates and it can happen tomorrow It can happen tomorrow and the decisions are there, you know The first study on climate went to Lyndon B Johnson in 1965. Yeah, right that shocked me So it's not that it's not possible. It's not that we don't know so, you know, it's it's there the technology is there and This decade is the key but the decade can't be the last eight in the last two years Glasgow is key. It's not the it's not the end We need to make progress there and need to actually build the confidence For young people around the world that they are not going to face climate chaos when they're 20 years old All right, ladies and gentlemen, thank you so much for a spirited conversation


You get a chance to raise on Carlos Stanton's name and a lot of I I think for the first time in 73 games What are the plans for him Aaron to see if he can help you in the postseason? Well now it's play and try and rack up and some innings and it bats obviously Feel like he's been doing really well and and building some really good momentum here physically over the last few weeks He's been able to you know see a lot of live pitching Over the last few weeks as well, so I feel like he's he's in a pretty good place You know swing the bat and over the last couple weeks where he's been getting a lot of outfield reps and it up in his agility and and that stuff so We're pretty encouraged. We're where he's at right now now. It's hopefully we can get him enough That bats the kind of in playing time to kind of really get into a good rhythm here I'll probably go short with him tonight probably a couple of it bats four or five innings. I'm thinking Hopefully parlay that into maybe a DH game the next day and then we'll we'll see where we're at from there Do you need I'm sorry Don do you need him to be an outfielder to really help in the postseason? I mean that's that's the hope. Yeah, I mean and that's the plan and You know, he's he's been working really hard to get back to that point defensively and you know, hopefully That's my hope and that's my plan moving forward But you know again first things first and if the season saw this anything It's it's you know, we got to wait and see it and and then we'll adjust if we have to accordingly Do you have all ten games to work with him? Or would you maybe want to piece me a little bit because he's been out so long? No, I'll probably mix and you know, especially if if you know if I go, you know To it bats and four or five innings today And if we back that up with a DH tomorrow where he plays the whole game, we might have him down the next day and then continually built him up but but hopefully You know in that context, you know, especially with a couple off days that we do have Here ten the season Hopefully he's playing pretty much all the games from here on out and in some way shape or form and and able to rack up You know what whether it's 25 30 that bats whatever it might be Hopefully that's something that can get him into a decent rhythm heading in October Alan because of the fact that he hasn't played in 72 or 73 games does he need More intensive at bats than say an end cornacione and a Gary Sanchez because they have not been out as long Yeah, maybe the one thing with G is I do feel like he's faced a lot of pitching, you know I'll be it, you know, you obviously not playing games in the big leagues and doing that, but he's faced a lot of pitching So I feel like hitting wise. I feel like in his mind. He's in a pretty good place right now But yeah, I think that's fair to say, you know, I would like to see him get more at bats Obviously with with as much time as he has missed as opposed to in cornacione or Gary But I Feel like he feels like he's in a pretty good place as he gets ready to start start his way back tonight


What is going on ladies and gentlemen and welcome to another Bitcoin daily video in today's video We're talking about arbitrage trading So what is arbitrage trading arbitrage trading is a relatively low-risk Trading strategy that takes advantage of the price differences across the markets So it's basically buying and selling any asset like Bitcoin on different exchanges This is a very common strategy in the trading world But it's mostly been a tool of large financial Institutions with a disruption of Bitcoin and blockchain This is giving crypto traders like you and I a chance to also take advantage of this guys make sure that you like subscribe and comment on this video tell me what you guys think and You know what you think about this? Have you done this before and also make sure to hit that notification bell so that every time we post a new video Which we do five times a week. You get it instantly on your phone. Let's jump right into it guys All right guys, so imagine this scenario What if you could guarantee yourself a profitable trade? What would that look like you'd have to know even before entering the trade that you're gonna make a profit, right? Anyone with that kind of edge would exploit it until they no longer could this is basically what banks do and other financial institutions While there's no such thing as a guaranteed profit I would say that arbitrage trading is probably the closest thing to it now things to consider here is that Profits on these are usually very slim and depend on speed and volume That's why most arbitrage trading is usually done by algorithms developed by high frequency Trading firms, so what exactly is arbitrage trading arbitrage trading is a trading strategy that basically aims to generate profit by Simultaneously buying an asset in one market and at the same time selling it in another This is commonly done between identical assets traded on different exchanges the difference in price between these financial instruments should in theory be zero since they're quite literally the same asset So the challenge that arbitrage traders have is not only finding these price differences But being able to trade them very quickly since other arbitrage traders are probably looking at the same thing The window to make these trades and make a profit are usually very very small on top of that Since arbitrage trades are generally pretty low risk the returns are usually also pretty small That means that arbitrage traders not only need to act quickly But they also need a lot of capital to make it worth it So you're probably wondering what are the different types of arbitrage trading options available to cryptocurrency traders and there's definitely a Different types so that you can take advantage of so let's jump right into it So there are many type of arbitrage strategies that traders from all over the world and in all sorts of different markets Usually are taking advantage of however when it comes to cryptocurrency There's usually some distinct types that are quite commonly used. So the first one that we're gonna talk about is exchange arbitrage This is the most common arbitrage trading used in crypto Which is basically when you buy The same asset in one exchange and you sell it in another the price of crypto currencies can change very very quickly So that's why you need to act very very fast If you take a look at the order books on different exchanges for the same asset, you'll notice that they are almost never the same This is where arbitrage traders come in they try to exploit these small differences for profit This in turn makes the underlying market a lot more efficient in this sense market Inefficiencies means opportunity. So how does this actually work in practice? So let's say there's a price difference for Bitcoin in finance in another exchange If an arbitrage trader sees this they will want to buy Bitcoin on the exchange with the lower price and sell it on the exchange with the higher price Of course timing and execution is crucial. The Bitcoin market has matured a lot So the windows of opportunity are usually very small So another common type of arbitrage trading for crypto derivative traders is funding rate arbitrage This is when a trader buys a cryptocurrency and hedges its price movement with the futures contract in the same Cryptocurrency that has a funding rate lower than the cost of purchasing the cryptocurrency the cost in this case means any fees That the position may incur so let's say you own some ethereum in this example, right now You're probably super excited with your position and with your investment But the price of ethereum is going to fluctuate up and down a lot, right? So you decide to hedge your price exposure by selling a futures contract aka shorting for the same value of your Ethereum investment, let's say the funding rate for the contract pays you 2% that would mean that you would get 2% For owning ethereum without any price risk resulting in a profitable arbitrage Opportunity so another very common type of arbitrage trading strategy in the crypto space Is called triangular arbitrage this type of arbitrage is when a trader notices a price discrepancy between three Different crypto currencies and exchanges them from one another in sort of a loop So the idea behind triangular arbitrage comes from trying to take advantage between the price difference of a cross currency like Bitcoin ethereum for example You could buy Bitcoin with your BNB finance coin Then you buy ethereum with your Bitcoin and finally buy back Binance with ethereum if the relative value between ethereum and Bitcoin Doesn't match the value each of those currencies has with finance and arbitrage Opportunity exists there and at the end of the day as traders We're in a business of opportunity while arbitrage trading is considered low risk That doesn't mean it's zero without risk. There would be no reward and arbitrage trading is certainly not an exception So the biggest risk associated with arbitrage trading is execution This happens when the spread between the prices closes before you're able to finalize the trade This could result in zero or even negative returns. This could be due to slippage slow execution high transaction costs or a sudden spike in volatility Another major risk when engaging in arbitrage trading is liquidity This happens when there's not enough liquidity To get in and out of the markets that you're trying to get into To complete your arbitrage if you're trading using leveraged instruments like futures contracts And it's also possible that you can get hit with a margin call if the trade goes against you as usual with any type of trading Exercising proper risk management is crucial So all in all being able to take advantage of arbitrage trading is a great opportunity for crypto traders With the right amount of speed and capital to participate in these type of strategies You can find yourself executing low risk profitable trades in no time Remember that the risk involved in arbitrage trading should not be overlooked while arbitrage trading might imply Risk free profit or guaranteed profits The reality is that there's enough risk involved to keep any trader on their toes If you still have any questions about arbitrage trading and any of these strategies that we just went over Feel free to drop it down in the comments and I will try to get to you guys If I have an answer for you then I'll I'll try to give you guys an answer to those questions Remember that there's risk involved in any type of investment that you decide to do I'm just trying to give you guys and show you guys a possibility and Opportunities that are out there for you guys to make profits no matter what type of trading you decide to do Not all types of trading are the same and and is meant for everybody Some people like one way others like the other you just got to do whatever you feel fits best for you And the investment style that you like to do appreciate you guys taking the time to watch this video Make sure to hit that like button hit that subscribe if you haven't yet and hit that notification bell So you get notified every time we post a brand new video. Thank you guys I will see you guys tomorrow on the next video as always peace and love We're out


In this video, I want to show you a bit of our design work with Hub 4. With this release, we introduce a few new wallpapers. The wallpapers shine through nicely. They also adjust the colors in the user interface. New is that for custom wallpapers, we also automatically pick an appropriate color adjustment. You can see the highlight color in our interface, for example on the icons in files. In Nextload Office, you can see it on the menu icons too. Another thing you might notice is that Rich Workspaces is now hidden by default. Don't worry, this great feature is still there. Simply click on Add Description to put some notes above a folder. As you can see, we continue to improve our design. There are many other subtle improvements you will encounter when using Nextload. We hope you will enjoy using Hub.


Now that we have some assets that players can use let's see how they can interact with these assets so they can Actually use them. So in this video, we are going to see how we can mainly give assets to players and How we can retrieve the players inventory data so that we can display the assets that players have In the actual game. So you can see that we have now an inventory that players can interact with so that can they can access They the assets so let's get started So here we are on the loot lockers dashboard and as we know the first thing that we are going to do is to select our game To get access to the players inventory We go to players the player option here on the left side of the screen And we are going to have a list of all the players that we have available can see that I have manual here that was basically just test players and a small tip here if you want to make a Dummy player so that you can test some stuff you can actually change the Authentication changing the key that you are passing at the players identifier key on the request body So for instance, I have this one here, but you can give whatever name you want Just just make sure that it is a string and you have some control over this player This can be something like dummy. Let's use dummy for this video. So I will log in Logging successful. Let's go back to our dashboard I will refresh this page and you can see that there we have the dummy player. Let's view this So you can see that there are no items for this dummy player. Let's go back to the game You can see that we are going you are trying to retrieve some assets from the dummy inventory But we have none. Let's go back to the main page. Let's give them some asset So the way that you can manually give assets to players is just by clicking on this give asset button here and Select which asset you want to give to this player. So let's say this our mouse and If we go back to the game, I would go to the skins here And there we have it. We have the skin the our mouse skin here And this is how we manually give assets to a player. So let's say we receive a payment through PayPal For instance, if we have a small amount of players and we want to to give them some asset This is how you do that But as we we are going to see in the next video about triggers there is ways to automate this process Don't don't be worried. You don't have to do this manually. So let's see now how this works on the gutter side How good I'll pick up this Disinformation this data and recreate the asset on the players on the client side on the player side of this Relationship, but first of all, let's see the API that we are going to need to use in order to retrieve this data So let's go there. So here I am on the lootlockers API and to get the players inventory is quite simple We just have to make an HP request to this URL using the get method And we are going to get as a response from the server a JSON file with two keys so a success key if we successfully retrieve the players inventory and An inventory key which is an array in which each element is a dictionary with all the asset information with all the asset data So we can see that here. We have the asset key So let's see how we can use this information how we can use this data and process it in got engine So this is the same scene that we used in the previous video But now we are going to enter into the inventory school container script. So let's open that and you can see that I already have this load skins method which basically does the same thing that the previous one does But with some difference for instance, we have the the a different URL You can see that I'm using the the one that we just saw in the API So player slash inventory slash list on the heater We are making sure that we are using the X session token that we can access through the looklocker single term a get method and making a request using the URL header Foss because we don't want SSL certification and the method that we just set Then we use for the response and convert it parse it from a json file so that it converts into a dictionary and Then we run through each asset in the response that we just saw that is an array, right? So each element of the array is an asset data then for each one of this asset We access the asset key that we just saw that it's one of the keys from this dictionary It sounds a bit confusing. I could use other names here But let's stick to it and then on the asset on the asset key, which is a dictionary as well We have the files key that have that give us asset access to the files that we uploaded Remember on the previous video that to create a an asset We upload some files using the looklocker's dashboard. This is the URL that these files are hosted So we access the the scene URL because we uploaded a scene file and this scene file is not on the player's version of the game to prevent them from making weird stuff with this file and We are going to host it on the looklocker server and we're using this to retrieve this asset Retrieve this file from the looklocker server and recreate this on the player's side on the player's machine So to do that we need to know Which is the URL that this file is hosting then we have the image URL as well If you remember in the previous video, you know why we need that And then we create a new skin button using this this information using this data So this is skin button will use the data that we just gathered and we are going to connect its Preset signal to this skin button pressed. This is actually important. So let's see how this works We request we make an HP request to this URL to retrieve the scene from the looklocker server and then we use for the response mainly I delete a skin file that is on the player's machine to prevent Weird corruption on the file So I remove it completely and I recreate this file using the data that we just gathered as a response from this request here and then I set the current skin to know to prevent any weird interaction and then I said I'll load this scene from the the file that we just created using the the file that we retrieved from this HP request here and Load it as a packet scene resource to this skins single term and then we meet this skin selected signal So this is how this whole inventory works And if we give another another asset to our player So let's give it to let's actually see this in real time play. We just entered Play this skins loaded. So we just have this skin Let's give this area sent to this player asset granted. Let's go back and update this And there we have it so I can select this Load it and I have So this is it for this video. I really hope you enjoyed in the next one in the next video We are going to see how we can automate the process of actually giving players assets So for instance, we can create an event in the game. Let's say for instance when players reach 1000 points they are granted a special skin so that they can use and celebrate this achievement and We are going to see how we can do that using triggers. So I really hope you enjoyed Thank you so much for watching keep developing and to the next one


What's good y'all Chris from trashes case breaks calm doing one more break of the night. No biggie just a 2022 Panini certified football eight box break PYT number eight I am out of printer paper for whatever reason I can't get it to go So I'm gonna reference this list from Jared and the Cardinals all the way down to Patrick and the Commanders Those are our 32 teams. I'll make sure it's right here so we can see it But I'm gonna get started right here Eight boxes tall and looming. Let's just get to it though Thanks again y'all. This was the last break that we needed for $2,700 break credit giveaway, which I will get $100 to all 27 top spots after this break Check the video before this to see if you are in Shannon Rex the last spot mojo grab the Tampa Bay Buccaneers And also big shots out to Chad right who grab the Steelers in both this and seven Right there. Let's go Steelers. No bias. I don't affect the break my my my love for the Steelers not affect this break Um, we should Andrew let me text Nick after this break as well before I get the break credit going I'm pretty sure I can add on it would be five and six of the site So and you're asking about more spectra basketball just finished off a half case of that For more spectra basketball or any other basketball check the site Jaspie's case brace.com Here we go box one of certified. Thanks again y'all Wante Smith has our first hit Skymore patch the generation one of two out of two 99 Kansas City Chiefs and Jared O. Malley the refrigerator Refrigerator William Perry and his two out of 45 mirror signatures Chicago Bears that's going to Nico Morton. It's our first auto of this box Now she has two out of seventy five for the Steelers Chad Wright Eden Hutchinson in the twenty-twenty two And a call Hamilton out of three ninety nine Doesn't matter twenty-twenty two Jalen Tolbert's patch and auto one eighty six out of three ninety nine freshman fabric for the Dallas Cowboys and David Duffie Daniel Bellinger working for the G man Giants Jared Gough out of two three forty nine excuse me next hit rights one out of twenty five Damian Pierce pieces of the game Houston Texans and Adam Cuperman nice rookie for the Houston Texans one out of twenty five there on the bottom towel hands 45 out of 99 for the Ravens Ravens Nick Martindale Lions Ryan Lindy on the Jared Gough Daniel Bellinger going to the Giants and Adam Cuperman Desmond Ritter Twenty-twenty two going to the Falcons and Brody box to and just on order come in I'll let you guys know like I say every time. I don't care about staying past 11 I'm it's already 11-04 on Pacific so if there are any late-night rallies like really late You want to get a box of impeccable that we go in or In a matcook collegiate football doesn't matter what it is like I'll stick around for it So if you don't want to get some stuff going say it in the chat So people might still be up kicking want to get involved with some brace Josh's case breaks calm the place to be All right here is box to good luck the first hit One more time it is Jalen Tolbert for the Cowboys and David Duffy New generation patch one at a 199 36 of 199 Alvin Kamara three 49 doesn't work or 2022 George Kittle seal of approval. It's on a 199 Next hit nice three-color patch here. Isaiah Spiller RPA for the Chargers and Derlin 43 out of 199 on The Isila Spiller John met you the third on a 399 Coop Murray Coopland 69 nice to the 75 Brian Robinson, Jr. Nice many men 8 out of 25 on the two-color patch new generation Wish death upon him Bradrick Davis and the commanders many men wish death upon me Best's walk out to Start a game ever Curly Culp Mirror signatures another old school 55 out of 99 Houston Oilers Edition Houston Oilers at one of the Tennessee Titans how to be Jared O'Malley picking up the Curly Culp 800 in 2022 Give him Montgomery out of 149 Tom Brady and the Buccaneers 96 out of 149 certified stars Last Bob Mojo Shannon my guy Rex Travis Kelsey and a Jermaine Johnson on 275 for the Jets box three first hit Sauce Gardner new generation's patch New York Jets going to Adam cupperman 261 out of 299 Matt Safford orange out of 149 next hit Two-color patch and auto for the Packers 27 out of 75 Christian Watson Packers picked up by Mark Matt Corral out of 199 Patty Mahomes out of 199 Patty Mahomes out of 190 on the gold team Wandail Robinson patch for the Giants 263 out of 299 I Had a nice game today for the six-and-one Giants crazy Adam cupperman with the Giants another stealer shouts out man Ryan Shazier absolute dog four out of 50 on the Ryan Shazier auto One of the just all time The fact that this exists That's good Ryan Shazier and their stickers for Chad Wright little team Kirk Cousins Austin Eckler, that's out of 99 for the Chargers Greg do look do like out of 399 for the Broncos box for We're missing a pack there Tom Brady out of 149 that was in the last box. All right. Here we go box Four good luck Jamar out of 275 first hit gonna be a TJ Hawkinson new generation's patch Detroit Lions and Ryan Lindy That is 100 out of 125 certified gamers Jimison Williams rookie 2022 Why are they making you work? That's messed up man. Jamal Williams mere signatures 20 out of 50 One more for the Lions and Ryan Lindy Okay, I'm working over here. You know that's our course is the volunteer number by the way one to 10 to 249 DJ more That's to 199 for the Panthers Troy Anderson out of 199 for the Falcons George Pickens 2022 to the Steelers Tyler Lockett next hit It's a mere white pieces of the game 125 out of 149 for the Raiders and Mark It says Raiders Nice here at 2020 Get well soon kid one out of 50 on the breeze hall for the Jetson Adam cupperman Go well soon next year James Cook to 149 Got a redemption We'll be behind this Justin Herbert gold team Romeo Dobbs to 243 25 The gold team Justin Herbert hides our last auto of this box floor. Good luck Freshman fabric mirrors signatures red card 240 of Kyle Hamilton Believe Kyle Hamilton is for the Baltimore Ravens Yes safety for the Baltimore Ravens at top 15 pick I think Baltimore Ravens Going to Nick Martindale nice Nick congrats Call Hamilton near signatures Freshman fabric red. All right box five second half of the half case. Let's get it. Good luck y'all is box five Let's go good. Look Hines Ward On the certifier. I just just a patch one of my all-time favorite 61 out of 199 Gotham rogues legend Only only part that survives that he the explosion in Dark Knight Rises out of 199 Garrett Wilson Kyler Gordon. I look at that three out of three Kind of one this green kind of snakeskin looking on the parallel Kyler Gordon Rookie auto three out of three with the Chicago Bears. Boom. You go Martin. Nice and low numbered here Josh Jacobs, Silver Provell Orange at a 149 Javonte Williams 929 out of 50 hatch for the Broncos and Steve Cootie Patrick Mahomes to 349 JJ Watt to 149 Brian Cutter 399 Sam how it's gonna be a wow nice seven out of 35 pieces of the game and auto Washington commanders and Patrick Davis commanders on the patch and the auto right above it Let's look looking card right there. It's seven out of 35 Sam how David Bell to one forty nine one ninety nine excuse me Snoop Conner ten out of ten That's kind of purple open one ten out of ten Snoop Conner great name Jacksonville Jaguars and Jacob bullets Bellets the writing is small on my screen some super little numbered stuff in that box Haven't seen that purple. I haven't seen that kind of auto on the Kyler Gordon before okay There's a Kyler Gordon for your Bears That was three out of three the auto But nothing for the box. I'm fortunately nothing yet. Nothing Like a Kate Otten or something for you. I had a friend tell me I had no idea someone doesn't watch a lot of football it was National tight end day I don't know what that means Maybe cow pits interpreted as all you know the day off because you have any like four points of fantasy today, so Maybe he thinks that's every week though every day is national tight end day my apologies to the thought I know Brody is a fan That guy annoys me Here is box six Now hi is our first hit Chris Olava new generation's patch out of two ninety-nine Saints Jared O'Malley 297 out of two ninety-nine Minka fits Patrick on the auto one more for the Steelers and Chad right four out of thirty-five on the mirror signatures Minka on a thirty-five Herbie out of one ninety-nine Gary Wilson twenty-twenty-two Johan Dawson out of two seventy-five Kenny I was told that I was told by Ken by Ted that Kenneth is not like being called Kenneth So fifty-six out of three forty-nine on the Ken Walker the third patch for the Seattle Seahawks Ryan Lindy he had a monster game two touchdowns for the rookie As they beat the Chargers Drake Jackson out of one forty-nine for the Niners Only goes twenty-twenty-two One more for the collection Chris parent a David Bell patch and auto freshman fabrics one out of three ninety-nine In your way out of three twenty-five for the Raiders Jay Jeter out of two seventy-five Vikings There's one more for Rex and the Buccaneers forty-nine out of one ninety-nine Tom Brady parallel certified stars Get in there You like Mitchell Clyde Edwards a layer last two cards in that box He's definitely you know good one to get he is you know and the best player of all time Tartan Aaron. They said Jeremy Pena as the NALCS MVP. I'm surprised Box seven pen ultimate box here box seven here we go. Good luck. So how 22 So our tops not a one forty-nine for the Dolphins First auto Marshall Yanda eight out of twenty Big Wyman for the Baltimore Ravens and Nick Martindale was L. C. N. C. V. P Desmond Redder nice patch and auto RPA 35 out of two forty-nine Desmond Redder for the Falcons and Brody Vaughn There's a nice QB RPA take one of those Josh Jacobs seal approval of two forty-nine. This Damien Harris was One more auto for the Ravens Jamal Lewis one out of seventy five on the near signatures Or throwback right there Nick Martindale To me seven out of fifteen my bad nice nice little gold near signatures Stafford out of one ninety-nine Cooper Cup out of one ninety-nine Back to back there. Nice. There it is Certified air. This is like kind of the case hit short print type Certified air of Devontae Adams Las Vegas Raiders edition Raiders going to mark Will thicker a little heavier feels nicer reason non numbered, but these are kind of the short print inserts That is true. I'm I bought 2k today. I bought the first my first 2k in like five years. I Don't really play sports games like that. I wouldn't like 2007 2008 2009 kind of the last time I was doing stuff like that, but trust me. I remember Jamal Jamal Lewis is a beast 50 out of one forty-nine on the Hassan Haskins piece of the game Titans That's going to Jared Shots out Madden was it 04 Madden 05 with Mike Vick on the cover. What are we the most unstoppable player in the league? Ken Walker to two to three twenty-five Devo Sam was a 275 Should have one more hit this thickie here Gonna be one more Hassan Haskins patch 332 out of 399 Tennessee Titans and Jared O. Mount So Bryce nlcs MVP hit 400 to home runs five RBI I I've been playing Madden kind of off and on with my friend online I'm up for you at a three hundred forty nine David O. Yawbo. I'm like the share put for the PlayStation and It's just You know It's just a less fun version of Madden when I was a kid I do think it's funny that I can throw a touchdown to Jamar Jamar So Justin Jefferson and you'll hit the gritty. I think that's pretty funny. Well, that's the dance from for tonight I don't think it's that we're it's no can it's it's can't be can't be that far It's gotta be that the kids got her on It's the kids who are my box cutter fell on the ground The other one is like ten feet away. I'm not gonna reach down He cut for the last box. So he cut mojo here. I'm an expert. I When it comes to the games Last box here. Thanks again y'all Getting this break filled out our last break of the night unlocked $1,700 a break ready, which I will be sending out right after this box sometimes You got to do what you got to do. Oh my Brody the only reason why I bought 2k today was that it's 30% off on the PlayStation Store. I bought the the deluxe edition Literally just because of the hundred KVC. I know that I need every every bit of it I'm not gonna grind for like hundreds of hours to get to like 85 overall. No, I'm just gonna get to be soon I'm a sucker. Unfortunately It's it's brutal, man. That's why like I'm gonna be the show so much It's like yeah, it's somewhat pay to play With like getting good cards, but the game just won't give you 99s now for doing nothing 2k though, it's it ain't it for me. Here we go last box. Thanks again y'all Good luck Drake one in 2022 Derek Johnson on the auto 50 out of 75 for the Kinsey chiefs and Jared we have about 2k today man. It's a moment of weakness ill approval D-hop out of 249. I wanted to play a sport game. I always get this one Eric who's a knock who's luck was a comma who's a knock my for a high heat different kind of shark right there Now that's a bit now that is a video game Don't isn't there like a limit like that you they cap you out like daily or something like that That is just crazy to me 100 out of 399 Now that is pathetic to a out of 349 for the Dolphins Brian Cook out of 399 one more for the chiefs Javon team dark horses blue 23 out of 25 to 27 out of 75 Cowpits out of 275 for the Falcons brownie next hit Danny Gray rookie patch at a 199 for the Niners. That is getting called final here. Joe Jolavala I'm quiet first No, my no offense any Phoenix fans, but Devon Booker on the cover one more redemption It'll be hidden by this gold team Josh Allen Brock Purdy to 275 for the Niners So the game was made poorly and we have to suffer because of it nice one 99 at the one 99 of Cam Acres AJ Brown seal approval Mack Jones and Miles Garrett the last two cards there. Here we go our redemption Last card of the break takes again y'all good luck freshman fabric mirror signatures red card 225 It is Damien Pierce nice one for the Houston Texans one more Damien Pierce it Headin over to Adam Cupperman All right, there we go that is gonna be it for that break last break of the night. Thanks again y'all We will be back tomorrow with breaks With Joe Gonna board the big head express with Joe 3 p.m. Pacific. Thanks again y'all Break credit will be coming out soon. Jasper's case breaks calm. Thanks again. Bye. Bye


Okay, hey, we have a new segment talk of the time today. We have a special guest killer clay killer clay is in the building already You know if I rock away flizz the label With what's the label flizz the label here lives the label. Yeah, straight like that So what what is the like how many artists I got is you got I got me and I got like two other people That's coming up. I'm saying so you mean or yeah, I'm like the CEO of I'm starting it up You farm saying okay again everything down past so it's flizz the label.  You got that shine you got that glow the energy. That's a fact All right, so how did you get into music? Um, I've been doing music since I was young.  That's why I used to do and I was I was actually good So at a certain point I just said let me start taking this serious. I'm good And we start getting connected and start making these music making this music. So when did you know you was good? Was everybody telling you's good?  I say I motivate myself cuz I realized that I got a talent and I have to bring it out Like I actually love ramen to like if it's not even about the money I would do it for like a hobby sometimes I'll sit there boom start counting stuff down So stuff start going in my head. So I say like, um My motivation is just to make it make me make me get in a better place better position. That's my motivation Okay, so growing up who's some other few listen to Um, of course, I'm from far Rockaway. So I was bumping stock bundles RIP.  Yeah, I'm listening. I listen to upcoming auditors. Um One of my favorite that's right now is push I see my son doing his thing I'm coming still. I mean, he's relatively new He's not like he's not like he All right, so who you would say is upcoming? Um, let me see You're lower To me you're like no, you're right. You're right. You're right. I'm a gold plaque So let's get into you like the sky be a town My sound, you know, I have a lot of different I'm versatile I'd say because I could make songs about women I could make songs about like drill Tom about being in the streets about You know her shit, but like, um, I Would say I'm not drill. I'm just like I'm a rapper like I get busy you give me a beat and My sound is my sound is my sound like when you hear my music I thought a lot of age in their little like a lot of rappers do it for minds You could tell like oh, that's what he's doing. I say like oh brother's like I got my own sound my own thing going on Okay, so what? When I say sound, I mean like you could be versatile right, but do you think you're like a hip-hop You're a trap or you think oh, I see what you're all over the place I Want to put myself in one category because I could play a song right now That's somebody will category category rise as drill because um, maybe the beat But you know, I want to say I'm drill. I'll put myself probably like trap most likely.  Um, this bar still matter to you Yeah, of course I mean to me, but the certain people some people I mean hip-hop has got so big So the the core fans of hip-hop where hip-hop was listening to bars and stuff like that It's still out there. You still got the Griselda's J. Cole just drops out here but to me it's like for the people that's They want to sell records and stuff is like their lyrics don't matter if that's more of a catchy Rhythm a catchy hook. You know I'm saying they get somebody I really don't like it, but you gotta you gotta just go with it like You gotta because every artist in their generation They had obstacles that they have to get over and if that's an obstacle that Artists that does lyric he has to get over he just has to get over he got to figure out how you can get certain people attention To to get them to Because you can't sit there and cry about it like oh man like that person made a show I mean So some people is passionate some people is passionate because they take this serious that just like you said with the bars So I think some people some people it they get that envy like damn like How they making this making that and they not even really saying that but I Just I say you gotta just you just got to find your way in it You know I'm saying you can't complain because if you want to do this you got to do it You got to figure it out Okay, so me and that shirt from far rock Hmm, how do you feel about the music scene over there? Like you feel like it's harder for artists out there. He's like Like what do you think on that?  That's why I'm trying to bring you from saying like I'm trying to bring that wave to it and Bring that sound bring that swagger and You farm saying like people outside of the town is messing with me people inside So what do you think it is that far back and was it the lack of community with lack of support like a support? Definitely because it's not it's not like it's not telling out there. It's just definitely telling out there But I think it's just like It's just like with nobody being out being able to bring the talent out. It's hard to You farm saying you got to know somebody to get in sometimes Alright, so when you make your music, what's the vibe in the studio like you got to have your friends You got to have a story to tell like what is it? Um, I like I like friends in the studio because it brings energy People that energy people that fly because I feel off that. Um, yeah, that's what yeah I like I like I like company in the studio. I'm saying like Do you have to be in the mood to go to the studio or It comes to you It comes to me most of the time I don't like I booked my time. So I know what I'm going in the studio You know I'm saying like I'll go. It's always organized Freestyle I mean if somebody was to say you'll pull up to my pull up to my session. There's no there's no question That's good Planned out when it comes to Recording and things like that. Yeah. So, um, do you have any upcoming collabs on the way? Definitely. I got a collab with smoke. There's a from Harlem, New York. I don't know if you know He used to mess with like low with the Wiz Khalifa. You got some of the Wiz Khalifa I'm not gonna tap him. Yeah, you gotta tap him when but um, yeah I got a song with him coming out soon called popsicle And um, I'm seeing all little other collabs to see what's up with it But the smoke did the song is definitely about to come out soon. So is there any artists that you want to collab with? definitely like It's a lot of artists in New York that's doing a thing I'm a lot of like I'm not I'm not I Don't mind networking like you know I'm saying like if I feel your sound and I'm like I hear it We could we could we could we could cook something up. Okay. That ain't nothing No, I'm not against that. I'm open to other and what other yeah, that's a fact I mean, I gotta like it though. I don't like it and I can't It's over Okay, what it was what is something you want people to know or something you think people don't know about you watching your career um, I Don't know if people know how hard like horrible worker that I am like especially with the rock like um I'll be in the studio day and night. I shoot videos all my videos and all I direct ideas all that is me Um, so you put the whole treatments together put the whole everything all I like I don't um My my my man's edited, but I'm there directing you from saying like boom boom boom take that out boom boom We go ahead. We doing that um They're starting up a label and being able to uh Just trying to become a voice for my town like you mean that takes work That's a friend So what is that voice on a little dirt showing but you know what I'm saying like the dude that's coming out All right, so what's your goal like with your label my goal? I want us to I Want us to be so good in the industry like uh a yoghati Eventually signed to a major like bring my later to like a major label and you know After I'm done my music starts signing and just building Building in that way bringing and then hopefully I could be able to bring people out of my town bring more like Okay, okay, and then um What's something that's on your bucket list you what something you want to accomplish as artists as an artist I want to um I Mean a lot of people want that I want to I want my son to go platinum like I think like after that It's just like you taking off from there You will your official you got to you got to plot you go Okay, so what's next for you like 2021? Um I'm just something that's coming up. I'm working on a tape. I ain't gonna say the name yet Um, but it's almost done like that's right. It's gonna. It's gonna be real tough and I'm just gonna be shooting a lot more videos Yeah, so any features on a tape let's just try to shoot for yeah the smoke this is like I'm soon Yeah, it's not gonna be too long though my birthday is next month. So that's what you know My birthday, yeah, that's what I'm preparing for I gotta hit the studio tonight, too Oh, you got a name for the tape already. Yeah, I got a name Um, I now we're gonna say it's gonna be called floods rock. What's rock? That's what it do so um I'm gonna keep it to about Ten I'm not trying to go over like Too much ten cuz how I'm gonna do it. I might I'm gonna be working this summer like even after I bring out the tape People people pay for more a lot of music cuz I've been in the studio ever since I dropped my tape last year And I just got mad songs and they hard so I'm gonna see how I'm gonna plan it out. But definitely that tape floods rock is coming out next month All right, so we got a tool into that when next month mean in July July. Yep Okay So I'm telling people where to find you where to find you I'm all over like you could you could Google me you know I'm saying killer clay gonna pop up But you go on YouTube just type in killer clay Um, you could subscribe subscribe to my channel ties one it my Instagram is killer clay spelled k il a Kla while on the score before I'm saying um, I'm on Spotify Apple music Like all stream of platforms. I'm dead July I don't I don't got the exact day yet, but July we turn it up. That's a fire


Hi, everybody. Happy Wednesday. Happy new release day coming at you with a little dynasty right here 2021 tops dynasty baseball five box full case Random hit number one, which is a st. Nick promo break Big thanks to this group for getting your spot straight up Appreciate it. So we're gonna open up the case first show you all the hits and we're gonna type them in in the order That they were pulled and then we'll run do the randomizer and see who ends up with what? Good luck Love this dynasty Ladies and gentlemen really nice stuff that pops out of here All cards number to ten or less my first one out of the gate is gonna be two out of five Two out of five John Smolt look at that patch Someone's gonna get a train whistle for that Dynastic decoration Roberto Clemente award 2005 wins award for good play in strong community work saying I can't think of a higher accomplishment we got a five out of ten five out of ten Mike Yastremsky Got a little ink right there too in that patch His dynastic deed a moment to remember September 18 2019 catches first pitch from grandfather Carl and Hall of Famer Carl in a visiting uniform at Boston's family party. That's pretty cool third hit. We have a seven out of ten seven out of ten Manny Machado three-color patch and autographs his dynastic deed back-to-back postseason jacks October 1st 2020 follows to tease juniors a blast for a second back-to-back postseason homers in club history We've got a nine out of ten nine out of ten Votto Matic Joey Votto Three-color patch great patch an autograph Dynastic data the game's most level swing From 2007 to 20s pop-up rate of 3% is less than a quarter of the MLB rate and doesn't record one to first base until 2019 Isn't popped up to first base That's great until 2019 Votto Matic final one here is is a redemption Congratulations, someone is due to receive a dual autograph patch card a dual autograph patch card Ken Griffey Jr Seattle Mariners Mike trout angels Who do you think was slacking on this You think Ken Griffey Jr. Signed it and then like Mike trout was slacken or do you think Mike trout signed first and Ken Griffey Jr. Slacking one of those guys was slacking All right ladies and gentlemen, I'm gonna pause the video real quick when we come back We're gonna have the hits all typed in and we're gonna randomize the names Randomize the hits and match you up with something. I'll be right back stick around All right, welcome back ladies and gentlemen. I got the hits typed in right here Now let's run that randomizer and see who ends up with what and Then we'll do the second dice roll will be for the St. Nick giveaway But first this one let's roll it and randomize names and hits six and a five eleven times one two three four five six seven eight nine ten and 11 then final time After 11 we got Rory Logan Steven will and Danny in that order and now the hits six and a five eleven times Good luck one two three four five six seven eight nine ten and 11th and final time after 11 we got the Manny Machado down to the John smolton the dual autos in the four spot That'll be for will last spot mojo After 11 Machado Yaz vato dual and John smolts Rory you got the Manny Machado patch auto seven out of ten Logan with the Yaz patch auto five out of ten Steven with the Joey vato patch auto nine out of ten will with the dual auto Ken Griffey, Jr Mike trout dual autograph patch card redemption Congrats on that and Danny John smolts patch auto two out of five out of five and under get the train whistle All aboard the big head express There you go again here's another look at the hits We've got another case in the store same format Go bigger go home ladies and gentlemen scared money don't make money. I appreciate it now Let's see who gets into the st. Nick promo. Let's go back to this list again. Let's gather all the names very good odds right here top two Will be in the promo top two after six six times top two after six one two three four Five and six and final time after six we got Steven and Logan You're in the st. Nick promo. Thanks everyone for watching. Thanks for breaking with us And let's get into some more dynasty a little bit later tonight. I'm Joe. I'll see you next time for the next break


The president's budget proposal eliminates public media funding. Learn how you can help at lptv.org slash action.  US Customs and Border Protection Officers stopped the woman on Sunday when she attempted to cross into Minnesota at the war border crossing. According to the agency, the vehicle of the unidentified 26 year old from Big Island, Ontario was selected for further inspection. When officers detected a strong odor of marijuana inside the vehicle, the woman admitted that she had put the drug inside her body in an attempt to smuggle it across the border. During an examination at a local medical facility, the woman was found to have approximately 13 grams of marijuana hidden in a body cavity. The narcotics were seized and the woman was issued a citation by the Roseau County Sheriff's Office. If you've enjoyed this segment of Lakeland News, please consider making a tax deductible contribution to Lakeland Public Television.