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tv   Real Money With Ali Velshi  Al Jazeera  December 27, 2014 2:00am-3:01am EST

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fares we've arrived at in king county... we need 'em, we need 'em to bring in the revenue to keep the busses on the road. >> there was no vote on this, the policy came out of a county council comity. the new fares, higher and lower, start in march. >> russia remains defiant in the face of the new cold war in the west. vladimir putin pointing fingers and preparing his military. i talked to a powerful man who dared to oppose putin and ended up behind bars for it. also, oil money and political power collide. and we go across the great battery battle in a race to america's industry.
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i'm patricia sagba in for ali velshi in this edition of "real money." >> it's a new cold war. russia's intervention in ukraine and land grab in crimea has brought tensions that many hoped from buried with the fall of the burr lynn wall. western sanctions have cut off investment, and encouraged others to pull out investments. now russia's finance minister is warning of a harsh recession hitting russians than once thought. he said russia's economy could shrink by as much as 4% in the new year if oil prices continue to slump.
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this time by declaring a new military doctrine that list the u.s. and nato alliance as a threat to security. >> what the president sees as threat facing his country as we move in to 2015. and first and foremost, as you said in the introduction is nato. look, since the fall of the berlin wall nato has added 12 eastern european countries to its membership, and that blue tied is coming closer and close for russia, and really putin and the kremlin are not happy about this at all. they see this as a real potential threat possibly in the years add. so that is the first concern.
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the second concern is more of an international fear basically he's very unhappy with the u.s. prompt global strike program. now this is a conventional, not nuclear, but conventional program . and finally he's talking about the possible unsettling, destabilization of russia itself. he does not mention the region, but he's probably talking about the caucuses where there has been trouble there. >> that was peter sharp in moscow. rebuilding russia's military might is one reason president vladimir putin still enjoys an 80% approval rating at home. but there are russians aopposed to him and the political system .
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russia's richest man and ol agat tycoon until he fell afoul of putin and was placed in jail. he was released one year ago. he has called for change in his homeland. >> olagark, prisoner, dissident and in exile, a life that in many ways mirrors the path of post soviet russia. mchale khodorkovsky opening one of banks durin , he bought a controlling interest in crumbl crumbling oil firm, snapping it up in a rigged auction for a mere $300 million.
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khodorkovsky built it into an international business. by 2003 he topped russia's rich list with a fortune of $15 billion. money used to fund a free press and political parties opposed to president vladimir putin. in october 2003 khodorkovsky was arrested on tax evasion and fraud charges. found guilty he was sentenced to nine years in prison. he was slapped with a tax bill and fell into financial ruin before being auctioned off in pieces. in 2010 his fortune largely gone, khodorkovsky's sentence was extended when a moscow court found him guilty of embezzlement. by then he had become a rallying point for those opposed to kremlin corruption and putin's
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iron grip on power. he was declared a prisoner of conscience. by december 2013 with the eyes of the world training on russia ahead of the sochi olympics, president putin freed khodorkovsky, bringing an end to his decade behind bars. khodorkovsky is now in switzerland where he's working to galvanize russians to reform russia. i sat down with him to talk about vladimir putin and the stability of russia. i asked him what he thought was more dangerous for his homeland, putin staying in power for ten or more years, or putin falling from power with no credible leader to take his place? >> i feel the situation when putin leaves power, and he will at some point leave power, is going to be not without danger for russia. and we are seeing in the past
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year that putin is making a large number of mistakes, which makes a crisis in russia unavailable. >> what we can and must do is put together a team that will help to make such a transition as smooth as possible. >> do you think the kremlin is scared of you? >> i think that in releasing me from jail putin deemed me not a danger to him. there are people who think otherwise. in today's kremlin policy, we see both of these lines. >> do you think putin has reassessed given all the events that have transpired since you were released?
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>> it may be at some point he may regret that i'm outside of his immediate control. but i hope one day he realizes that an independent opposition is a good thing for the country. not that i believe this will happen, but people are capable of changing even when they're over 60. let's leave that opportunity for putin to do this. >> what should the west be more concerned about, crisis outside of russia, russian aggression, or crisis inside russia. >> you can see these are interact: putin's aggression outside of russia creates a situation in russia where the national chief fists are on th -- chauvinism is on the rise. putin attempt to take over their
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agenda for himself by means of external aggression. to miry great i think we have stepped on a path of no return. as a result of taking this path the regime in russia will be destroyed. what sorts of this will bring to russia and the whole world is something that we have yet to see . >> you are a dissident, but you're an ex-olagark, which is a hated class in russia. can you be a legitimate engager, if you will? >> i'm not a dissident. i'm certainly not an ow olagark any more. dissidents serve an idea and
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find the notion of compromise impossible. i believe that compromise is also an idea. i think i do have some opportunities. they have their limits, of course. >> you've been asked about your past role as an olagark, and you say that mistakes have been made and your challenges have changed but do you think you need to publicly atone for past actions to gain that legitimacy with reform-minded people in russia? >> i have told my fellow citizens numerous times that one may have made mistakes, but i would rather move on than dwell on the past. repentance is a personal thing. it's not a public thing. if someone wants the public act
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of repentance, let them wait with putin. for those who want oh move ahead, do something with change, i want to work with them. >> you've lost your freedom. you've lost time with your family. they've lost time with you, ten years in jail. how much more are you willing to lose, and you're willing for your family to lose to pursue constitutional reform in russia? >> that's a tough question. i need to answer this question for myself and to my wife on a leg basis. maybe another life would be possible with another person, but my family
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won't be bothered with vladimir putin. >> coming up, we'll look at nationalism around the globe, and how that can be a challenge for businesses. real money is back in less than two minutes. >> tomorrow on tech know. a brutal killing. a thorough investigation. >> we're pushing the envelope. >> but this is no ordinary c.s.i. >> what went on right before that animal died? >> hunting the hunter. >> we're gonna take down the bad guys. >> solving the crime. >> we can save species. >> tech know's team of experts show you how the miracles of science. >> this is my selfie, what can you tell me about my future? >> can affect and surprise us. >> don't try this at home. >> tech know, where technology meets humanity. tomorrow at 7:30 eastern. only on al jazeera america.
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>> al jazeera america morning news >> good morning and welcome! to al jazeera america >> real stories... real reporting... real news... a deeper look... >> a much better forecast for today >> with an international edge >> why is this so important and how close is this deal? >> from our award winning news teams across america and beyond >> we begin with breaking news coming out of the west bank... >> news that matters... al jazeera america morning news every morning 7 eastern only on al jazeera america >> a suspected arson blaze in a mosque at "n" sweden. this is just one of the clips
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captured by our network. at least five people were injured in the incident west of stockholm. witnesses say that they saw someone throw an object in the window just before the fire erupted. it comes amid fierce debate over immigration policies. far right parties say they want to cut the number of the allowed asue almost speakers into the country by 90%. while others say they should keep it's liberal policies in place. the backlash is not just a swedish problem. it's a debate raging out in much of europe. it's one example of how agendas fueled by appeals of national provide gained traction in 2014. i spoke with michael moran. managing director of control risks his firm outlines the major challenges global business also face in the year ahead, and topping the list in 2015 is the rising tide of nationalism around the world.
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i asked him why. >> we see nationalism as a trend that pre-dates this year . globalization, other technologies and then the rise of middle classes in places from africa to asia to latin america. which are all trends that have about taken from government control they've had over the years. it's a national reaction for governments to fall back on nationalistic patriotic appeals to try to keep in line both companies profiting whether its extracted or retail or manufacturing industry, it has been a very useful tool of governments to pit foreign governments and foreign business sometimes against this kind of nationalistic narrative, and to keep the population on side. >> when you talk about keeping the population on side russia springs to mind.
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we've seen putin's approval rating at 80% and higher even though the economy is hammered by sanctions and oil prices. how do you see nationalism playing out in 2015? >> the putin government has been expert at appeals to patriotism, and it's overt and covert. there is a constant narrative on russian television about the sense that what has happened in ukraine is actually something that was foisted upon russia that a country that was friendly, has been somewhat ripped away from russia by , what they consider a cobal. it's a legitimate reaction to incushion to its sphere of influence. this has gone down with the russian population. >> do you see any potential there for russia to pursue further expansionist policies as an extension of the nationalism to galvanize support. >> russia is under enormous economic strain due to the collapse in oil prices,
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obviously. it seems unlikely to us that there will be another round of expansion. what we're seeing is the faint that we've seen reported in recent weeks, the announcement that russian bombers might visit the areas. these are things that have echos of the late cold war, but we don't see actual physical expansion and certainly not anything like russia's interest in taking on nato. >> what about broad europe, do you see those far right parties pushing the agenda towards more nationalist policies? >> the risk map we do. it's a global survey. one of the things that struck us this year is nationalism in different forms in different regions. within the e.u. what we're seeing is a real kind of exhaustion with austerity programs that were implemented
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in the you're ow euro crisis. we're seeing greece, fly, france, spain this coming year pushing back against these austerity measures, and they want to reinvest the european compact like the free movement of goods across borders and the euro as many look at as kind of a trap that is keeping them from devaluing their way out of this crisis. >> what about in asia, we've seen heightened tensions between china and it's neighbors, do you see potential there for escalation, and how could that draw on the u.s.? >> we've done war games and many militaries do these war games where an accidental incident between, let's say, the japanese and chinese ship in a disputed area leads to a domino effect that could bring in the seventh
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fleet in defense of japan, could cause all sorts of chaos. that's kind of a very dark scenario, black swan scenario. we don't think its likely. tensions could get to the point where the two are facing off, and this could really freeze up in the maritime traffic and other traffic in commerce an area where one-third of the world's supply chain is dependent. we're recommending that countries look at their supply chain dependency and wonder out loud if there is an alternative to component a and resource a in other parts of the world in case things did freeze up there. >> what about nationalism to express itself through cyber warfare? >> we've seen this very recently. control risks have in our risk map this year has really looked atet trend what we're calling patriotic hackers. one of the ways that governments can kind of deflect
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blame or even avoid blame against incident against a rival state or a company that is annoying it is to encourage a small band of well-skilled hackers to go after something. we don't have specific instances in mind, but certainly it's not hard to imagine an instance where a north korean government could empower a group outside its borders to do this, which would throw off any kind of sleuthing as to who is responsible. so that's one of the things that cyber hacking. it doesn't take an army to do this. it takes a small group of dedicated and well-trained people and so that is certainly lay threat to both companies and national governments. >> gyro politics, winners, loser, and baltimore economic supremacy only tells one part of the story of global risk. a deadly and devastating reminder that have ten years ago when an unfathomable
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230,000 lives were lost because of a tsunami. we'll look at the area hit hardest and what new technologies are being used to prevent a disaster of this magnitude in the future. all this on "real money" when we return. >> we were talking to a young lady saying she just wanted her voice to get out there. >> by the thousands, they're sending their government a message. >> ahead of 'em is a humanitarian crisis where tens of thousands of people are without food, water, shelter. >> a special one hour look at global attacks on free press. monday 9:00 eastern. on al jazeera america.
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>> protestors are gathering...
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>> there's an air of tension right now... >> the crowd chanting for democracy... >> this is another significant development... >> we have an exclusive story tonight, and we go live... >> ten years ago one day after the christmas holiday an then as now the world was shocked by an almost unimaginable tragedy. an earthquake rocked the indian socio-and september waves barreling in the introduction of indonesia's coast. 230,000 people would die as a result of the tsunami. ten years later we visit to find out what an area that was almost completely destroyed looks like today. >> it's been ten years but
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images of the indian association tsunami is very clear on people's minds. the destruction of the waves carried in land, this is now a museum. the seen was unimaginable with dead bodies everywhere. the world responded generously. more than 7 billion numbers were donated. schools were rebuilt. 250 kill merits of roads and 30,000 new houses. but many were not aware of the dangerous of the assume. many are now trained with warning systems in place. ten years later, while wounds have healed memories of that fatal sunday morning when the sea burst into the land will stay forever. j. >> questions remain about how to
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limit the loss of life if a tsunami of that magnitude were to hit again in the future. communities need time to react and safe places to evacuate to. with so many lives at stake so many seconds count. jake ward reveals the latest technology behind early warning systems and how reports of a storm are communicated. >> tsunami science has advanced enormously. and warning systems are online. the $400 billion indian alarm can send an alarm within ten minutes of an earthquake. the trouble is then getting th getting that warning to instead time for them to escape. in indonesia, which was most devastated by the 2004 tsunami, a 2012 earthquake at sea did not set off the city's network of arounding systems, a total flukes and in india the national
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warning system cannot r relybly reach citizens. what will determine the safety of any city is how and where it's built. here in san francisco we're under the watchful gaze of the pacific tsunami warning system run by the government. experts here are most worried when it comes to a tsunami about an earthquake that would originate in alaska north of us. that would give us four hours of warning. even with a clear early warning this waterfront is not prepared for big blood waters. that is true everywhere. >> some work has gone in to developing survival capsules, but few countries have been willing to prepare for a possible deluge. forecasters predicted hurricane sandy, yet when the waters arrived it revealed a total lack of infrastructure to handle the sea.
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the solution, as japan learned during the 2011 earthquake and tsunami is not sea walls or hard barriers. the solution may be what the dutch call soft engineering. gently reshaping the coast line to manage flooding. unfortunately that approach calls for something even harder. denying our deep-rooted human desire to live right on the water. jacob ward, al jazeera, san francisco. >> falling oil prices rapidly changing the balance of power throughout the world. but what about the battle taking place across the island in washington? the discussion of money, in a controversial pop line, who wins, who loses, that's next. >> al jazeera america presents >> somebody's telling lies... >> it looks nothing like him...
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>> pan am flight 103 explodes december 21st, 1988 was the right man convicted? >> so many people, at such a high level, had the stake in al-megrahi's guilt >> the most definitive look at this shocking crime >> the major difficulty for the prosecution that there was no evidence >> al jazeera america presents lockerbie part two: case closed
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>> it's a chilling and draconian sentence... it simply cannot stand. >> its disgraceful... the only crime they really committed is journalism... >> they are truth seekers... >> all they really wanna do is find out what's happening, so they can tell people... >> governments around the world all united to condemn this... >> as you can see, it's still a very much volatile situation...
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>> the government is prepared to carry out mass array... >> if you want free press in the new democracy, let the journalists live. >> isil, ukraine, ferguson, crises that commanded headlines in 2014, and president obama's attention in the year that saw no shortage of conflict at home and abroad. for more on that mike viqueira joins us from the white house with a look back at how the president met those challenges and what is ahead. >> as the rocky year came to a close, president obama was accentuating the positives. >> i said that 2014 would be a year of action, and would be a breakthrough year for america. and it has been. >> there are reasons for optimism. the economy is heading up. while the jobless rate dips down. along with another encouraging sign.
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the price at the pump plummeting. >> i'm glad to be able to pull together my cab inspect. >> mr. obama began 2014 with a vow to go around congress. that's what it took to en act his endi got a pen, i got a phone. i can use that pen to take executive actions that move the ball forward. >> and so he did. on the minimum wage. ordering the federal government to raise it to $10.10 for outside contractors. and on immigration where he reversed course giving a reprieve of deportation away from u.s. children legally. critics called him an emporer and worse. >> i think it's the height of arrogance. >> there have been set backs for president obama. issues where he struggled to find the right response. ferguson, missouri, as riots
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shook the streets. from the white house, the president in a split screen paradox as a community burned. he vowed to change at understood . >> it was overseas in places that have challenged american presidents for years. where mr. obama has struggled most. in february the crimean parliament is seen by armed men. behind the move, a defiant russia. thousands were killed in a civil war and thousands more were forced to leave. the president reacted angrily. >> why is it that every is an eagle for use military force after we just had gone through a
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decade of war at enormous costs. [ gunfire ] >> but the stunning advance of isil changed all that. three years of keeping its promise to keep troops out of iraq, president obama sent some back in there to assist the iraqi army. by the end of the summer the president had changed his tune on military force. >> last night on my orders america's armed forces began strikes against isil targets in syria. >> mr. obama saw his biggest political setback yet in november. when his party suffered an election wipe out, giving the g.o.p. control during the last of his presidency. he is now on vacation with his family in hawai'i. >> as mike mentioned, president obama used his executive power
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to go around a congress that leaves behind its least productive session since the 1940s. with republicans taking control of both chambers and the battle lines are being drawn. mitch mcconnell is expected to throw down the gauntlet over the keystone xl pipeline. the project has been stalled for six years by the president, and senator mcconnell is intent on passing a bill that would go around the white house and improve construction. keystone i asked our very own david shuster how the showdown is likely to play out. >> this will likely be the first major class. it as all but signaled it's going to pass keystone or
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approve it. but it may be perhaps be one of the first legislative items that the republicans will vote on. it's still a highly symbolic clash to start the year. >> what other clashes do you see at the beginning of the year? >> you can look at clashes over all kinds of economic issues, but there is a major point of potential agreement coming in the midst of all this. both the republicans and president obama agrees yes, we need to redo you the corporate tax rates and simplify the tax code. there is agreement on doing that. there is disagreements on how to get it done. you may have this weird situation, perhaps no so weird given it's washington, but they're fighting tooth and nail over keystone and then they're shaking hands and reach a deal on tax reform. >> there was a very contentious item in there that rolled back a really key provision in
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dodd-frank that would have forced banks to separate out risky trading activities into separate entities that would not leave taxpayer on the hook for risky trades. that was a tough pill for many to swallow. >> i think there are still going to be attention, and because republicans so objective of what was in place last time, you may see changes in the margins, and democrats will object strongly. all the that have i don't think it will be high on the priority list. the republican list may be, but when it comes to priority, it's not at the top. >> one of the democrats who is really leading the charges against rolling back the provision was elizabeth warren. do you see momentum building behind her this year to the
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point where she may throw her hat in the ring for nomination? >> she's getting a lot of encouragement. and many take note when she first ran for senate she said she was not running, and she had to be drafted and convinced to run. there is a hunt for something similar this time. she has skyrocketed between her book, and that has set up a battle for the heart of the democratic party between elizabeth warren, the populist wing that may be unelectable in the general election, and hillary clinton in the months of fury establishment democrats who have deeper ties to wall street, who would do less in terms of financial regulatory reform, there is clash comingish and the democrats are hoping that that clash will come sooner rather than later, and they're making every effort to convince elizabeth warren now is the time. >> it looks like the economy has turned the corner.
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we have strong gdp growth, our economy may be kicking in higher gear. how is that to influence the dynamic between hillary clinton and elizabeth warren between the progressives and the old guard, if you will. >> what is great about this fight, the republican stride and democratic stride, a lot of very smart people aren't sure what it will mean. the economy looks like it will be booming. does that strength the argument that elizabeth warren has made that now is the time to close the gap between the wealthy and working class or does it suggest that people won't be as concerned because everybody should be doing better. there is disagreement of what it means, but the democrats may nobody stronger position at the end of 2015 than they are at the end of 2014 in that president obama may feel like hey, i can point to my policies of work. democrats can go to the election elections in 2016 and say we need more of the obama-like policies to keep our economy going, and that could
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have an impact on both nomination sides. >> and obama trying to take credit for the economy improving. the republicans have not been giving him credit, will the republicans have to give him his due. >> i'm not sure that they'll ever try to give him his due but it's the prospect of less regulation on industry that is freeing the economy to gain by leaps and bounds. that will be the argument that you'll hear more than anything. but you may see 2016 start to shift away from economic issues and issues about jobs and wages and shift back to some of the social issues where there is that clear divide between democrats and republicans. that may be the smart betting in terms of a super smart economy, economic issues less concern for the voters. >> developing a cheap, safe, reliable battery.
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that could be the next trillion dollar industry. "real money" returns in less than two minutes. >> these people have decided that today they will be arrested >> i know that i'm being surveilled >> people are not getting the care that they need >> this is a crime against humanity >> hands up! >> don't shoot! >> hands up! >> don't shoot! >> what do we want? justice! >> when do we want it? >> now! >> they are running towards base... >>...explosions going off we're not quite sure... >> fault lines al jazeera america's emmy winning, investigative, documentary, series...
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>> with california's devastating drought now in its third year tensions are rising over two of the state's most valuable commodities, oil and water. farmers are turning up scrutiny on fracking and its use of water, pitting the oil and gas industries against agriculture. jennifer london filed this report from los angeles in her continuing series of fracking in california. >> california is the nation's largest producer of oil and its increasingly important in the state. especially in the central valley, which happens to be the nation's breadbasket.
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as the state suffers through its worst drought on record. >> i see the orchard and mountains on three sides. >> and the almond farm has been in the family for four generations, there is something else. >> today there is fracking go ohing on. four miles this way. three miles to the east and seven miles to the north and six miles to the west. >> you're basically surrounded by oil fields where fracking is happening. >> we're surroundserred surrounded, and this is new. >> 80% of the state's oil and gas is produced here. 600 new wells are fracked each year using millions of gallons of water. water that farmers say they need to irrigate their crops. >> these trees will die if they go two months out water. >> france is also uneasy about possible leaks and spills that could contaminate what ltlater . in 2012 he videotaped the
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illegal dumping of fracking waste water into an unlined pit ner near his orchard. >> whatever chemicals we have used on the surface, a lot of those chemicals have made their way into the water. >> every single almond is dependent on what is in the soil and what's in the water that is used to grow the trees. if the water and soil are contaminated so are the almonds. >> this summer the state shut down nine disposal wells for illegally dumping 3 billion gallons of i industry waste water. jason marshall is the director of the state agency in charge of regulating the oil and gas industry in california. >> who is protecting the people of california to make sure that their grouped water is not contaminated. >> there is a multitude of agencies looking out for that because there is a multitude of
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jurisdictions. >> one of those agencies is the control board in sacramento. ground water monitoring and assessment. >> is big oil poisoning millions of gallons of water each day? [ silence ] >> so you're asking me to give a yes or no answer on something that i don't know. i think the right answer would be i don't know. >> should you know the answer to that question? >> i think a lot of people are asking that question. a lot of californians are saying, wait, fracking is happening and we're worried about toxic water and where that water is going. >> that's a reasonable concern that people have. as a resident of california you should be. >> back on the farm with tom france he said when it comes to farming versus fracking it's not a fair fight. >> do you think farmers have a friend in sacramento, who is
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watching out for you? >> big ag has always had friends in sacramento. when it goes against big isle the whole game changes. they're more powerful. oil has always gotten their way. >> for farmers in kern county, the old saying that oil and water do not mix has taken on new meaning. it's important to note that water is incredibly water intensive. almonds use 10% of the state's water supply each yore year, and almonds are not the most water-intensive crop. >> that's jennifer london reporting from los angeles. while the law continues fighting over fracking in california, there is a thought of cleaner energy. instead of building new power plants, let's build batteries that do a better job of storing energy.
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california retired a nuclear reactor and is planning on retiring a couple of gas plants. batteries could be a key ingredient in harnessing energy making infrastructure more resilient and reliable. it could be a trillion dollar industry. as ali velshi reports, it takes money, patience and a little bit of good ol' fashion showmanship. >> if i could boost this nation's electricity production by 0 30% without building one power plant, who is not going to cheer about that. they have lower electricity bills and cleaner air. >> he does not mince words. he thinks his idea of a new battery is the best of a couple dozen vying for the market. he invented liquid batteries made of up two liquids metals
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and assault solution. >> it let's energy from the grid, stores it and returns it when needed. >> it makes up the battery that it believes will set it apart from the rest. big name investors are seeding the industry with big money and placing their bets on which company will hit the winning formula. >> we look at this as a multi trillion dollar market opportunity annually. it is literally of that nature with success. >> for ambri it has the backing of bill gates and french energy company total. they say it will change the face of how we use electricity glit the thing i would look closely is refrigeration. it revolutionized the supply change for food. it's like like the fridge.
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it adds resilience to the supply change. >> it's a big potential but serves a simple function: to store energy. the perfect battery could store solar and wind power as it's being made, and integrate it into the larger power grid. it would be a game changer for renewable new jerse renewable--renewable energies. now we could make wind and solar part of base loads. so you could draw electricity when the sun doesn't shine. you can draw electricity when the wind doesn't blow. that's a powerful idea. >> it can go in to the basements of sky scrapers, provide back up power and store renewable energy for entire neighborhoods. and the biggest challenge of all batteries so powerful and reliable that they could actually replace power plants. >> there is not a warehouse when
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you store electricity. >> electricity is made over time. >> as generators are producing electricity, you flip the switch, that's all in realtime. >> remarkbly the grid is made to supply power during a few days. during the hottest days of the year when air conditioners are on full blast. >> the median peaking turbine is running only 2% of the time. >> but a battery could serve as an energy warehouse storing up electricity at night when demand is not that high, and spitting it out during peak hours when earn turns on their lights. >> by eliminating that peaking generation, by using energy storage, ultimately it could save some dollars . >> new york's con edison is looking closely at the technology. but the race to produce the perfect battery is still in full force.
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>> at this point may the best technology win. >> ali velshi, al jazeera. >> cleaner energy is just one way the world is attempting to deal with what president obama recently call the the quote, one issue that will define the contours of this century more dramatically than any other, that is the growing threat of the changing climate. as the coast line disappears america's neighbors to the north are turn to go video games to combat the damage. why? the answer is in just two minutes. >> sunday night. >> 140 world leaders will take the podium. >> get the full story. >> there is real disunity in the security council. >> about issues that impact your world. >> infectious diseases are a major threat to health. >> "the week ahead". sunday 8:30 eastern. only on al jazeera america. >> now available, the new al jazeea america mobile news app. get our exclusive
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in depth, reporting when you want it. a global perspective wherever you are. the major headlines in context. mashable says... you'll never miss the latest news >> they will continue looking for survivors... >> the potential for energy production is huge... >> no noise, no clutter, just real reporting. the new al jazeera america mobile app, available for your apple and android mobile device. download it now >> king county is going both directions with a low income fare of $1.50 and at the same
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time, fares will go up for richer riders to a high of $3.25 at peak hours. >> sort of a classically good-hearted seattle move to say "you folks need to ride the bus... ride it for $1.50". is this in its own way redistribution? >> it's not just about altruism though, you know? it's about economic development. we need to make sure workers can get to work. it's about economic opportunity. >> in a transit system that has had 5 fare hikes in 5 years, price is a sensitive point. san francisco is the only other major metropolitan area with a similar two teired system, with 20,000 people buying half price fare cards. in king county it could cost 7 to 9 million dollars in lost fare revenue every year, plus a few million more for administrative start up costs. >> we're eliminating routes, we're cutting back service in some areas, there's pressure on the system in terms of money and we're saying "okay, we're gonna make things cheaper"...
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so it seems almost counter intuitive. >> yeah, well not everyone has the money to afford the kinds of fares we've arrived at in king county... we need 'em, we need 'em to bring in the revenue to keep the busses on the road. >> there was no vote on this, the policy came out of a county council comity. the new fares, higher and lower, start in march. >> 3 z gaming technology and climate change research may not seem like a likely pair, but it's helping scientists in eastern canada map out the effects of coastal erosion in realtime. >> barbara and emmet know coastal erosion only too well. where their modest summer home once stood, it now is 25 meters off this beach, underwater. they remember what they lost to the surging sea. >> we sort of get used to it, the fact that it's not here any
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more. it did not just happen overnig overnight. it grew on us gradually, and just one of those things you had to accept. >> prince edward island has some of canada's most sought-offer shore-front poverty, but rising seas and storm serges is washing it away every year. >> you paid somewhere between $3.50 to maybe $7 a square foot, now for every little-square-foot that drops off in to the water, it's hurting the money belt. >> vital infrastructure is threatened, too this lighthouse will soon be moved inland by volunteers. sewage treatment plants, bridg bridges, roads, even wind turbines are menaced by the waves and weather. sandstone has been eroding as long as the place existed. but a dramatic new computer program is showing island
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residents what climate change is doing to their homes and property. if it looks like a video game, that's business owners clive, as it's known, combines data on erosion with game controllers , you swoop over the island to see the areas that will be inundated over the future. >> some people were brought to tears from it. their concern about their own property made them feel very anxious. and i was surprised as well that most people suggested that we were under playing the vulnerability, under playing the risk. >> the government said people need to factor erosion into "n" to their plans, build their homes further back from the shore. as for climate change that's a global issue. rising seas and worsening storm surges are far beyond what a small canadian jurisdiction could possibly deal with on its own. what emmet and barbara
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experienced is just a fact of island life. al jazeera. >> canada's prince edward island is shrinking of a rate of is 11 inches a year. the most talked about movie of the year the intervie "the interview" banked $1 million on the first day. there's no word on how many people rented the money online. but there are claims that the movie was down loganned illega illegally 350,000 times. just a week ago sony decided to shelf the film after theaters decided not to show it in the wake of online threats. meanwhile, sony can't catch a break from cyberattacks. hackers attacked the playstation network knocking it off line on christmas day. the x-box was also affected but it's now back online.
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a group called the liz card squad is claiming responsibility for the attack. it launched the attack to show security flaws in the network. this weekend we'll reveal why residents of one north carolina town are afraid to drink their water. the epa is seeking to reduce waste from coal-burning power plants, but is it too little too late? plus energy prices are dropping like a rocket, but in new england the cost of staying warm is on the rise. we'll find out why. and our new series "between the lines," a look at why congress is giving sacred american land in arizona to a foreign mining company in the name of national security? that's all coming your way on real money sunday at 5:00 p.m. eastern. that is our show for today. i'm patricia sagba. thank you for joining us, and have a great weekend.
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prisoner exchange, pro-russian rebels make a swap with ukraine. it comes as vital bus and rail links with crimea are canceled. ♪ ♪ you are watching al jazerra live from our head quarters in doha. automatics coming up. severe flooding in out east asia rescue workers struggle to reach the area most affected. plus. >> some there has been doctoring and still very. [ inaudible ] >> the painful months for the families left behind following the malaysia airlines disaster


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