1 00:00:00,680 --> 00:00:04,120 Speaker 1: Bloomberg Laws brought you by Norton from Symantec to help 2 00:00:04,120 --> 00:00:07,840 Speaker 1: protect you in a changing digital world. Norton plans to 3 00:00:08,000 --> 00:00:12,400 Speaker 1: join forces with LifeLock. When combined, they'll redefine digital safety 4 00:00:12,400 --> 00:00:16,720 Speaker 1: and help you gain control of your privacy, security, and identity. 5 00:00:17,120 --> 00:00:20,200 Speaker 1: President Barack Obama is using the last days of his 6 00:00:20,239 --> 00:00:23,840 Speaker 1: administration to try to protect the environmental legacy that he 7 00:00:23,920 --> 00:00:27,639 Speaker 1: sees as a central part of his presidency. He's spoken 8 00:00:27,640 --> 00:00:30,280 Speaker 1: about growing up in Hawaii and the magic of the 9 00:00:30,320 --> 00:00:35,519 Speaker 1: pristine ocean there something he's determined to preserve. The notion 10 00:00:36,200 --> 00:00:39,640 Speaker 1: that the ocean I grew up with is not something 11 00:00:39,680 --> 00:00:41,960 Speaker 1: that I can pass on to my kids and my 12 00:00:42,040 --> 00:00:47,280 Speaker 1: grandkids is unacceptable. It's unimaginable. But he'll be followed in 13 00:00:47,360 --> 00:00:50,800 Speaker 1: office by Donald Trump, who has vowed to undo Obama's 14 00:00:50,880 --> 00:00:55,920 Speaker 1: environmental policies, repeatedly saying climate change is a scam, A 15 00:00:55,960 --> 00:00:57,639 Speaker 1: lot of it's a hoax. It's a hoax. I mean 16 00:00:57,640 --> 00:01:01,360 Speaker 1: it's some moneymaking industry. Okay, the whole thing is crazy. 17 00:01:01,520 --> 00:01:05,639 Speaker 1: The whole thing is so. Obama is making last minute 18 00:01:05,640 --> 00:01:08,920 Speaker 1: moves that will be difficult for President Electromp to reverse 19 00:01:09,040 --> 00:01:12,880 Speaker 1: quickly or perhaps at all, he's using an obscure provision 20 00:01:12,880 --> 00:01:16,240 Speaker 1: of a ninety three law to permanently block oil and 21 00:01:16,319 --> 00:01:19,480 Speaker 1: natural gas drilling in a hundred fifteen million acres of 22 00:01:19,600 --> 00:01:24,360 Speaker 1: federally owned Arctic waters home to endangered species, including polar 23 00:01:24,360 --> 00:01:27,840 Speaker 1: bearers in bohead whales, and in nearly four million acres 24 00:01:27,840 --> 00:01:31,360 Speaker 1: of the Atlantic Ocean, home to unique deep water corals 25 00:01:31,440 --> 00:01:34,399 Speaker 1: and rare fish. This is the broadest use of the 26 00:01:34,480 --> 00:01:39,759 Speaker 1: statute ever uncharted waters. My guests are Robert Craig, professor 27 00:01:39,760 --> 00:01:43,119 Speaker 1: at the University of Utah, and Pat Parento, professor at 28 00:01:43,120 --> 00:01:47,120 Speaker 1: the University of Vermont Law School. Pat, is this an 29 00:01:47,120 --> 00:01:51,760 Speaker 1: audacious move by Obama? I don't know whether I call 30 00:01:51,840 --> 00:01:57,760 Speaker 1: it audacious, but it's definitely bold. Um, it's um deeply felt, 31 00:01:57,800 --> 00:02:00,640 Speaker 1: as you were just saying, by the President not only 32 00:02:00,720 --> 00:02:04,160 Speaker 1: for the protection of the ocean, but also his other 33 00:02:04,280 --> 00:02:08,600 Speaker 1: signature issue, which is reducing the United States emissions of 34 00:02:09,120 --> 00:02:15,480 Speaker 1: carbon dioxide and methane from uh fossil fuel production. And 35 00:02:16,639 --> 00:02:21,360 Speaker 1: Robin tell us about the law itself, the Outer Continental 36 00:02:21,480 --> 00:02:26,880 Speaker 1: Shelf Lands Act, and why it was used well. The 37 00:02:27,080 --> 00:02:31,080 Speaker 1: Outer Continental Shelf Lands Act is the intro mentioned was 38 00:02:31,960 --> 00:02:38,720 Speaker 1: enacted in nineteen fifty three to resolve some lingering legal 39 00:02:39,240 --> 00:02:45,240 Speaker 1: difficulties about leasing offshore lands submerged lands for oil and 40 00:02:45,320 --> 00:02:50,160 Speaker 1: gas development. So it followed in the wake of an 41 00:02:50,200 --> 00:02:55,120 Speaker 1: important Supreme Court decision California versus the United States, which 42 00:02:55,280 --> 00:02:59,840 Speaker 1: essentially said that the offshore submerged lands are the federal government. 43 00:03:00,560 --> 00:03:03,880 Speaker 1: So the Outer Continental Shelf Lands Act UH, with his 44 00:03:04,040 --> 00:03:09,760 Speaker 1: companion statute also in three to Submerged Lands Act, first 45 00:03:09,880 --> 00:03:13,440 Speaker 1: divided the submerged offshore lands between the States and the 46 00:03:13,480 --> 00:03:18,320 Speaker 1: federal government, usually at the three mile line, but also 47 00:03:18,400 --> 00:03:21,680 Speaker 1: set up procedures for the federal government to lease what 48 00:03:21,760 --> 00:03:25,800 Speaker 1: are known as the outer Continental Shelf submerged lands foil 49 00:03:25,840 --> 00:03:29,919 Speaker 1: and gas development. UH. And it included this provision that 50 00:03:30,040 --> 00:03:35,200 Speaker 1: President Obama just is which gives the President unilateral authority 51 00:03:35,960 --> 00:03:41,320 Speaker 1: to set aside the off shore submerged lands UH to 52 00:03:41,400 --> 00:03:44,440 Speaker 1: take them out of the leasing pool if the President 53 00:03:44,600 --> 00:03:49,320 Speaker 1: so desires UH. And why President Obama used this statute 54 00:03:49,560 --> 00:03:53,160 Speaker 1: is that, unlike the Antiquities Act, which he's also used 55 00:03:53,240 --> 00:03:58,280 Speaker 1: recently UH, the Outer Continental Shelf Lands Act protects the 56 00:03:58,360 --> 00:04:03,040 Speaker 1: continental shelf itself UH, not the water column the way 57 00:04:03,080 --> 00:04:06,920 Speaker 1: that the Antiquities that can so pat will this be 58 00:04:07,040 --> 00:04:11,960 Speaker 1: able to survive a Trump challenge, because the administration seems 59 00:04:12,000 --> 00:04:15,600 Speaker 1: to think that it has a pretty good chance. Yeah, 60 00:04:15,640 --> 00:04:18,200 Speaker 1: I think they They're justified in that the provision that 61 00:04:18,320 --> 00:04:22,239 Speaker 1: Robin was describing does not contain as some other similar 62 00:04:22,320 --> 00:04:27,960 Speaker 1: laws authorizing presidential or secretarial withdrawals. It does not contain 63 00:04:28,080 --> 00:04:35,520 Speaker 1: language allowing subsequent presidents to revoke the withdrawals of earlier president. 64 00:04:35,640 --> 00:04:40,560 Speaker 1: So that's an untested UH interpretation of what this provision means. 65 00:04:40,680 --> 00:04:46,120 Speaker 1: There's no case law that specifically addresses, you know, whether 66 00:04:47,600 --> 00:04:52,440 Speaker 1: on withdrawal can be UH canceled by a subsequent president. 67 00:04:52,480 --> 00:04:57,560 Speaker 1: And in fact, where Congress has um thought that that 68 00:04:57,680 --> 00:05:00,279 Speaker 1: was important to include in a statute, so just the 69 00:05:00,320 --> 00:05:03,840 Speaker 1: Federal Land Policy and Management Act, it expressly did so. 70 00:05:04,520 --> 00:05:07,120 Speaker 1: And so one of the doctrines of statutory construction that 71 00:05:07,160 --> 00:05:10,320 Speaker 1: will come into play here is when Congress knows how 72 00:05:10,400 --> 00:05:14,480 Speaker 1: to write a statute to provide for reversal, let's say, 73 00:05:14,480 --> 00:05:17,560 Speaker 1: of a withdrawal, um it has done so. It did 74 00:05:17,600 --> 00:05:20,400 Speaker 1: not do so in the n C s l A. 75 00:05:21,360 --> 00:05:26,200 Speaker 1: So the Obama administration is taking the position that the 76 00:05:26,200 --> 00:05:29,960 Speaker 1: Trump administration does not have the authority to to revoke 77 00:05:30,440 --> 00:05:33,279 Speaker 1: what he's done, and only Congress could do that through 78 00:05:33,320 --> 00:05:36,120 Speaker 1: an amendment, for example of the O C. S l A. 79 00:05:36,200 --> 00:05:38,560 Speaker 1: But I guess what I would say is, this is 80 00:05:38,560 --> 00:05:42,560 Speaker 1: a this is a novel legal question. Who can challenge 81 00:05:43,720 --> 00:05:47,839 Speaker 1: Trump's attempts to reverse Obama's order will be the first question. 82 00:05:47,880 --> 00:05:50,599 Speaker 1: There will be a procedural jurisdictional question of how do 83 00:05:50,720 --> 00:05:55,080 Speaker 1: you actually challenge trump decision to reverse this order? Uh? 84 00:05:55,080 --> 00:05:57,479 Speaker 1: There there there are ways to do that, but but 85 00:05:57,600 --> 00:06:01,120 Speaker 1: that will be uh be litigated as well. So if 86 00:06:01,120 --> 00:06:03,760 Speaker 1: we're looking at this thing being dissolved by the courts, 87 00:06:03,800 --> 00:06:06,679 Speaker 1: I think we're talking about years before that would happen. 88 00:06:07,680 --> 00:06:11,040 Speaker 1: And as far as as um robin, as far as 89 00:06:11,120 --> 00:06:15,880 Speaker 1: Congress being able to pass legislation reversing the move that 90 00:06:16,000 --> 00:06:18,320 Speaker 1: that's a high hurdle, isn't it because it would require 91 00:06:18,320 --> 00:06:25,240 Speaker 1: a sixty vote Senate majority. I if it was, if 92 00:06:25,240 --> 00:06:27,880 Speaker 1: it needs to be veto proof, or if it needs 93 00:06:27,880 --> 00:06:33,919 Speaker 1: to overcome a filibuster, yes, uh you know. I otherwise 94 00:06:33,960 --> 00:06:38,839 Speaker 1: you just subject to normal congressional majorities. And the Supreme 95 00:06:38,839 --> 00:06:43,240 Speaker 1: Court has been very clear that Congress has planary authority, 96 00:06:43,240 --> 00:06:48,400 Speaker 1: pretty broad authority to deal with federal property under the 97 00:06:48,480 --> 00:06:54,560 Speaker 1: Constitution as as it wants. So I what I think 98 00:06:54,600 --> 00:06:58,240 Speaker 1: will be interesting if, if if it gets to Congress, 99 00:06:59,120 --> 00:07:04,440 Speaker 1: is that President an Obama set aside or withdrew lands 100 00:07:04,839 --> 00:07:09,000 Speaker 1: that not many oil companies are actually interested in developing. 101 00:07:09,880 --> 00:07:16,040 Speaker 1: Uh so the Arctic offshore lands. Shell was trying in 102 00:07:16,120 --> 00:07:20,000 Speaker 1: two thousand twelve and two thousand fifteen to drill a 103 00:07:20,080 --> 00:07:24,400 Speaker 1: successful well up in the Arctic Ocean and finally said 104 00:07:24,480 --> 00:07:27,520 Speaker 1: it's it's pretty much giving up for the time being 105 00:07:27,600 --> 00:07:33,720 Speaker 1: because it's not economically viable at this time. Oil prices 106 00:07:33,760 --> 00:07:36,480 Speaker 1: are too low and that's that's a very expensive and 107 00:07:36,600 --> 00:07:40,960 Speaker 1: dangerous place to try and do offshore drilling. And the 108 00:07:41,000 --> 00:07:44,080 Speaker 1: same along the East Coast. While there's there's been some 109 00:07:45,480 --> 00:07:50,400 Speaker 1: uh interest in doing offshore drilling off of North Carolina, 110 00:07:51,280 --> 00:07:55,600 Speaker 1: most of the areas that President Obama protected have not 111 00:07:55,960 --> 00:08:01,640 Speaker 1: been significantly interesting to oil companies in the past. So 112 00:08:02,200 --> 00:08:05,000 Speaker 1: the other question I would raise on the congressional front 113 00:08:05,080 --> 00:08:09,560 Speaker 1: is who would actually be pressing for the legislation to 114 00:08:09,720 --> 00:08:15,680 Speaker 1: reverse besides the Trump administration itself. Pat If there's no 115 00:08:15,720 --> 00:08:18,280 Speaker 1: commercial drilling currently there, and there are a lot of 116 00:08:18,320 --> 00:08:22,480 Speaker 1: other challenges for drilling. In about a minute, why are 117 00:08:22,720 --> 00:08:27,440 Speaker 1: so many oil executives and oil industry groups asked, saying 118 00:08:27,480 --> 00:08:30,080 Speaker 1: that this should be reversed. Oh, I think this is 119 00:08:30,080 --> 00:08:33,760 Speaker 1: a power struggle. Uh. This is an argument over who 120 00:08:33,760 --> 00:08:36,960 Speaker 1: gets to decide these questions of when and how these 121 00:08:37,000 --> 00:08:40,920 Speaker 1: resources will be developed. That's certainly the State of Alaska's 122 00:08:41,240 --> 00:08:43,880 Speaker 1: argument in this situation. How is it that a lame 123 00:08:43,960 --> 00:08:46,520 Speaker 1: duck president with a stroke of a pen can write 124 00:08:46,520 --> 00:08:50,160 Speaker 1: off all these areas uh as as some people are arguing, 125 00:08:50,200 --> 00:08:53,880 Speaker 1: in perpetuity or permanently. Uh So it's as much an 126 00:08:53,960 --> 00:08:57,480 Speaker 1: argument about control over these resources as it is the 127 00:08:57,640 --> 00:09:02,120 Speaker 1: right now commercial availability of these resources. I agree with 128 00:09:02,240 --> 00:09:05,240 Speaker 1: Robin from what I've seen, uh, the Arctic is probably 129 00:09:05,280 --> 00:09:07,760 Speaker 1: one of the last places the oil industry is interested 130 00:09:07,800 --> 00:09:11,360 Speaker 1: in in developing right now. Um, but that could change, 131 00:09:11,400 --> 00:09:14,600 Speaker 1: of course, his oil prices fluctuate and so forth. So 132 00:09:14,920 --> 00:09:17,760 Speaker 1: it's it's a question of who controls these areas. We've 133 00:09:17,760 --> 00:09:21,160 Speaker 1: been talking about President Obama using the last days of 134 00:09:21,360 --> 00:09:25,760 Speaker 1: his administration to try to protect his environmental legacy, which 135 00:09:25,760 --> 00:09:29,319 Speaker 1: he sees as an important part of his presidency. And 136 00:09:29,440 --> 00:09:33,000 Speaker 1: I've been talking with two law professors of Bautist At 137 00:09:33,120 --> 00:09:36,160 Speaker 1: Robin Craig, professor at the University of Utah Law School 138 00:09:36,200 --> 00:09:40,560 Speaker 1: and Pat Parento, professor at the University of Vermont Law School. Pat, 139 00:09:41,040 --> 00:09:46,000 Speaker 1: what is the ecological importance of some of these areas 140 00:09:46,200 --> 00:09:51,319 Speaker 1: that Obama is using tactics to prevent drillion? Well, the 141 00:09:51,400 --> 00:09:54,560 Speaker 1: Beaufort see in the chuck Cheese Sea off the coast 142 00:09:54,600 --> 00:09:58,520 Speaker 1: of Alaska is called the Arctic Ring of Life. Um. 143 00:09:58,559 --> 00:10:03,040 Speaker 1: It's an incredibly biology, really rich body of water. Um. 144 00:10:03,280 --> 00:10:05,280 Speaker 1: As you mentioned in the in the set up piece 145 00:10:06,280 --> 00:10:11,079 Speaker 1: the home of polar bears, bowhead whales. Ring seals lots 146 00:10:11,080 --> 00:10:14,960 Speaker 1: of marine mammals, fisheries that are of vital importance to 147 00:10:15,000 --> 00:10:21,280 Speaker 1: the the Inupiat people of the North for sustenance, for 148 00:10:21,360 --> 00:10:24,520 Speaker 1: commercial activity. It's part of it's their culture, it's it's 149 00:10:24,559 --> 00:10:30,880 Speaker 1: almost their iconic UH areas of the Arctic. So you know, 150 00:10:30,960 --> 00:10:36,440 Speaker 1: even if it weren't for the Section twelve A provision UM, 151 00:10:36,480 --> 00:10:38,760 Speaker 1: this is an area that could qualify for being set 152 00:10:38,800 --> 00:10:42,600 Speaker 1: aside as Robin mentioned, under the Antiquities Act, it could 153 00:10:42,600 --> 00:10:47,439 Speaker 1: be designated as a marine sanctuary. President Obama did to 154 00:10:47,960 --> 00:10:52,360 Speaker 1: designate the largest marine sanctuary UH in the world in 155 00:10:52,400 --> 00:10:55,720 Speaker 1: the Pacific Ocean using the Antiquities Act. So lots of 156 00:10:55,800 --> 00:11:00,200 Speaker 1: incredibly valuable ecological resources in the Arctic, and this same 157 00:11:00,320 --> 00:11:05,079 Speaker 1: is true of these canyons off them the East Coast. 158 00:11:05,120 --> 00:11:10,400 Speaker 1: These are deep corals, largely unexplored, that could contain all 159 00:11:10,480 --> 00:11:12,559 Speaker 1: kinds of life that were not even aware of, so 160 00:11:13,200 --> 00:11:17,800 Speaker 1: important in their own right to be protected. Robin. What 161 00:11:17,880 --> 00:11:22,360 Speaker 1: are some of the other last minute environmental protections that 162 00:11:22,679 --> 00:11:28,439 Speaker 1: Obama has put into place, well, depending on what you 163 00:11:28,559 --> 00:11:32,920 Speaker 1: classify as last minute. As Pat mentioned, he has used 164 00:11:32,920 --> 00:11:39,200 Speaker 1: the Antiquities Act repeatedly this year to protect oceans the 165 00:11:39,240 --> 00:11:44,360 Speaker 1: northwestern Hawaiian Islands, expanding the Papahana Mkoo came Marine National 166 00:11:44,400 --> 00:11:50,520 Speaker 1: Monument AH. He's expanded some other Pacific monuments. He has 167 00:11:50,600 --> 00:11:54,600 Speaker 1: set afied the canyons off the East Coast, which was 168 00:11:54,640 --> 00:11:59,959 Speaker 1: the first time that the Antiquities Act has been used 169 00:12:00,240 --> 00:12:06,160 Speaker 1: in the Northeast to protect oceans. UH. Like many presidents, 170 00:12:06,200 --> 00:12:10,040 Speaker 1: there's anticipation that he will also be using the Antiquities 171 00:12:10,040 --> 00:12:14,760 Speaker 1: Act to set aside national monuments on land as well. 172 00:12:15,559 --> 00:12:21,640 Speaker 1: Those tend to come very last minute presidents administration I 173 00:12:22,200 --> 00:12:27,400 Speaker 1: and here in Utah, for example, we are anticipating that 174 00:12:27,480 --> 00:12:31,800 Speaker 1: we will have a years national monument here in the 175 00:12:31,840 --> 00:12:36,520 Speaker 1: next months, so Um said, there could be a lot 176 00:12:36,600 --> 00:12:41,240 Speaker 1: of those kinds of of last minute designations, UH, although 177 00:12:41,679 --> 00:12:45,160 Speaker 1: I believe his use of the Outer Continental Shelf Lands Act, 178 00:12:45,160 --> 00:12:49,880 Speaker 1: as Pat mentioned, is by far the most unusual thing 179 00:12:49,880 --> 00:12:52,440 Speaker 1: a president has done towards the end of the term Pat. 180 00:12:52,679 --> 00:12:56,760 Speaker 1: Some analysts say that the Obama administration may be hoping 181 00:12:56,800 --> 00:13:00,560 Speaker 1: that just the sheer volume of all these let's say 182 00:13:00,559 --> 00:13:03,960 Speaker 1: eleven our actions will ensure that at least some of 183 00:13:04,000 --> 00:13:09,320 Speaker 1: them survive. Yeah. I think there's some some truth to that. Um. 184 00:13:09,360 --> 00:13:13,440 Speaker 1: The question is how much political capital UH does the 185 00:13:13,440 --> 00:13:16,880 Speaker 1: incoming president and the Republican Congress want to spend rolling 186 00:13:16,920 --> 00:13:20,680 Speaker 1: back UH laws and provisions and rules that are actually 187 00:13:20,720 --> 00:13:24,479 Speaker 1: quite popular with the public, I mean, even among Republicans. 188 00:13:24,520 --> 00:13:31,000 Speaker 1: The latest polling from Yale UH polling operation there indicates 189 00:13:31,040 --> 00:13:35,160 Speaker 1: that even among Republicans, they're strong support for controls on 190 00:13:35,240 --> 00:13:38,679 Speaker 1: carbon emissions and recognition that climate change is an issue 191 00:13:38,679 --> 00:13:41,160 Speaker 1: that needs to be dealt with, and even support for 192 00:13:41,200 --> 00:13:44,839 Speaker 1: a carbon tax or some mechanism to put a price 193 00:13:44,840 --> 00:13:47,320 Speaker 1: on carbon to level the playing field so that some 194 00:13:47,360 --> 00:13:51,240 Speaker 1: of these cleaner technologies can gain some headway. Same thing 195 00:13:51,280 --> 00:13:53,800 Speaker 1: with the Endangered Species Act, which is a favorite punching 196 00:13:53,840 --> 00:13:58,080 Speaker 1: bag of conservatives, and and we are expecting with the 197 00:13:58,160 --> 00:14:00,920 Speaker 1: Chair of the House Natural Resources can May Mr Bishop 198 00:14:01,600 --> 00:14:06,199 Speaker 1: right there in Utah and Robin's backyard. Uh, we're expecting 199 00:14:06,240 --> 00:14:08,440 Speaker 1: to see some attacks on the Endangered Species Act. But 200 00:14:08,480 --> 00:14:13,160 Speaker 1: the latest polling again shows support for the Endangered Species 201 00:14:13,200 --> 00:14:16,640 Speaker 1: Act among the public. So you know there's a limit. 202 00:14:16,679 --> 00:14:19,720 Speaker 1: I think too, how many times Republicans can go after 203 00:14:20,280 --> 00:14:23,760 Speaker 1: e p A and rules protecting air and water and 204 00:14:23,800 --> 00:14:28,400 Speaker 1: wildlife before there's some backlash. We'll see what that limit 205 00:14:28,640 --> 00:14:31,000 Speaker 1: is coming up. I want to thank you both for 206 00:14:31,080 --> 00:14:35,120 Speaker 1: being on Bloomberg Law and discussing this important topic. That's 207 00:14:35,200 --> 00:14:37,960 Speaker 1: Pat Parento, he's a professor at the University of Vermont 208 00:14:38,040 --> 00:14:40,600 Speaker 1: Law School. And Robin Craig, she's a professor at the 209 00:14:40,720 --> 00:14:44,160 Speaker 1: University of Utah Law School. That's it for this edition 210 00:14:44,160 --> 00:14:46,760 Speaker 1: of Bloomberg Law. We'll be back tomorrow at one Wall 211 00:14:46,800 --> 00:14:49,360 Speaker 1: Street time and hope that you will be as well. 212 00:14:49,680 --> 00:14:52,240 Speaker 1: Thanks to our technical director Chris trike Comy and our 213 00:14:52,280 --> 00:14:55,440 Speaker 1: producer David Suckerman. You can always found the latest legal 214 00:14:55,440 --> 00:14:57,960 Speaker 1: news at Bloomberg Law dot com and Bloomberg b NA 215 00:14:58,120 --> 00:15:00,600 Speaker 1: dot com plus a website for the legal community at 216 00:15:00,640 --> 00:15:04,080 Speaker 1: Big Law Business dot com. Bloomberg Markets with Carol Masser 217 00:15:04,160 --> 00:15:07,520 Speaker 1: and Corey Johnson starts right now as soon as Carol 218 00:15:07,600 --> 00:15:11,000 Speaker 1: tells us what's up coming up June. Good afternoon. Uber 219 00:15:11,080 --> 00:15:15,600 Speaker 1: Technologies pulling it self driving cars from San Francisco streets. Uh, 220 00:15:15,600 --> 00:15:18,200 Speaker 1: the state of California revoking registrations for the vehicle, so 221 00:15:18,200 --> 00:15:20,320 Speaker 1: we're gonna take a little bit into that. Also, we're 222 00:15:20,360 --> 00:15:22,480 Speaker 1: gonna be talking with the CEO at Juniper Network. So 223 00:15:22,560 --> 00:15:24,920 Speaker 1: we got a lot going on this Thursday. I know 224 00:15:25,040 --> 00:15:27,320 Speaker 1: those I have. I'm interested to hear about those self 225 00:15:27,400 --> 00:15:29,640 Speaker 1: driving cars because they have a little bit of a 226 00:15:29,680 --> 00:15:34,440 Speaker 1: scare factor. That's coming up on Bloomberg Radio. Stay right there. 227 00:15:34,520 --> 00:15:35,560 Speaker 1: This is Bloomberg