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[Well, we're just finishing a very successful]
[sustainable cities event here in Madrid.]
[It's an area where GE can really play a great role]
[from a thought leadership perspective. ]
[As many of you know, more and more of the population in the world]
[is moving into urban settings. ]
[Here in Spain, for example, 85% of the population]
[will be living in an urban setting in the coming years.]
[That means that energy usage is going to increase by 20%,]
[healthcare costs are going to triple, and we at GE have a number of products--]
[a number of innovations--that can really help]
[city planners, governments, non-governmental organizations]
[other private industries, citizens live a better life in cities.]
[And the purpose of this event--and it's the first event]
[in a cycle of events that we are going to have in other European cities]
[including Paris and Stockholm, and Berlin and other places--]
[really is talking about how can GE help]
[think about some of the solutions that are going to make a difference in the future.]
[We talked about energy, distributed energy, ]
[Smart Grid, many of the exciting products that we have]
[that can help, for example, Jenbacher technology,]
[taking gas emissions from landfills and turning it into electricity.]
[We talked about water. Spain, in particular, has water issues,]
[but it's not the only country in the world that has water issues,]
[ so desalt plans, reuse--that's an area again where we can play a big difference]
[in the quality of life in cities.]
[We're able to talk about our healthymagination intiative]
[which is obviously very new, but something that a lot of people are very interested in.]
[Preventative healthcare, preventative medicine,]
[and how we can make a better quality of healthcare]
[available to more people at a better cost. ]
[So overall, I think the event was a huge success. ]
[We had some very senior speakers,]
