tv The Dylan Ratigan Show MSNBC April 1, 2011 4:00pm-5:00pm EDT
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the last leg of his "steel on wheels" tour. what do you have for us today? well, as you know, a conversation with academy-award winning writer, producer, director james cameron on his efforts and what we can do to help him with the efforts on climate change and energy independence and a conversation with the writer director producer of the documentary "gas land." thank you so much, richard. today we wrap up "steel on wheels." let's get started. right now, a world in need of energy solutions. >> the libyan leader remains defia defiant. >> radiation fears. >> the disaster is affecting oil prices. >> a country in need of powerful leadership and the drive to change. >> you have not had the leadership that understood the problem and told us which direction to go. >> the oil industry has an army in washington. >> there's no real answer to this except writing op-eds,
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explaining to people, teaching about it, talking to representatives. >> maybe the leaders ought to ask for sacrifice from us. >> we gathered leading voices. >>. the boone pickens. >> and put aside the politics. >> you don't have to agree with people on the reason to do so something as long as the reasons are rational and put together a coalition. >> for one candid, provocative conversation of a sustainable energy policy. >> we can make a car that will go 60 miles per gallon and don't ever let anybody tell you we can't. >> today, the culmination of the "steel on wheels" tour cross america, investing in american ingenuity and ensuring the security of our nation. live from oklahoma state university, the "steel on wheels" energy summit rolls on and the show starts right now.
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well, good friday afternoon to you. sunny day in oklahoma and an amazing conversation here at oklahoma state university, last night focusing on jobs and energy. putting a cap on our four-month "steel on wheels" tour and on the last day of this tour, a bad news/good news situation. today, oil spiking to nearly $108 a barrel but finally a little bit of progress on the jobs front. the economy adding 216,000 jobs this month, resulting in an unemployment rate of 8.8%. but we know that 8.8% number is basically a fraud. the real number of jobless in this country, 15.6%. with that said, that number is slowly dropping right now. both sides of the aisle happy, of course, to claim credit for the new jobs number.
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>> that makes 1.8 million private sector jobs created in the last 13 months. and the unemployment rate has now fallen a full point in the last four months. >> today's jobs report is welcomed news but washington needs to do a lot more to end the uncertainty. >> joining us now, peter maurici, also with us, friend of the show, christian brelif. your thoughts on the numbers today? >> certainly good news to get 216,000 jobs and so many in the private sector and where we want them. more than 216 because the government shrank a bit. however, got to bear in mind in order to get unemployment down to 6% over the next 36 months we need to create 360,000 job a month and likely 360,000 private
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sector jobs. we have had the numbers in the past but the economy is simply not growing enough at this time to sustain that kind of jobs growth and not likely to unless we improve the energy policies which we are here to talk about today. that's a big part of the equation along with trade, health care and the others, but, you know, the money that leave it is country and doesn't come back, it could be spent here and would be spent wisely and make us less vulnerable and create nose jobs. >> if there's one policy initiative to debate in the country that would accelerate job creation, what do you think it would be? >> oh my god. what a tough question, dylan. i thought you were going to ask me whether the economy was going to grow or not. i guess since our theme is the summit, i think if you had a very clear energy plan and i would say probably, you know, i'm a believer that right now the economy is not fully healed, i don't think that this recovery is sufficiently robust so i'm a
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believer in government invest in infrastructure and i think a lot of great investments could make in green infrastructure. not to be a doomster here but what i found worrying in the jobs numbers to the point of peter to the vulnerability of the high oil price a drag in the future, is the number of newly-unemployed people. 59,000 people are newly unemployed. they lost their jobs in the past four weeks and that number was going down since december and now spiked up so i don't think we're out of the woods yet. >> yeah. i agree in the sense, peter, and i suspect you, too, a normal economy not shattered by a financial crisis and the things we have talked about the past few years, this would be a very tepid number but again compared to where we have been we'll take anything right now. if you were to look at the underbelly here, newly
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unemployed, young people, new entra entrants, long-term unemployed how does the guts look? >> not very good at all. folks that left the labor force to come back with a prospect of finding a job, you get 16% number that you pointed out. but you know, we have millions of college graduates that have piled up over the last three years, hundreds of thousands of them doing things like working in starbucks, nowhere near what they're capable of doing because we're not developing domestic energy, for example. we should be drilling for oil and gas here in the united states because the renewables are into the future and the electric cars are into the future. we could use that now. the trade deficit with china, lots of folks would find full-time employment in manufacturing and finally you know the new health care law well intended but one cannot deny now it is not controlling
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costs. insurance premiums are rising very rapidly. co-pays are rising very rapidly. as a consequence, businesses are reluctant to invest where they need lots of workers because they don't want to make that commitment on health care. >> if we look at the cost of energy today, across 109 here in the states, rapidly pushing towards 125 in london, we talked so much in the last conversation last month when we were in california, port of oakland, of the chinese, trade side of the equation with the rig trade with china, other half of the equation really goes to the importing and dependence and the strategic importance of oil. we had a town hall last night here at osu that was a really an incredible response and crowd but i do want to play a little bit of boone pickens' thoughts of trade and energy and get your thoughts. >> when they come back and the
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historians look at us, that if we don't do something about the problem, two thirds of the trade deficit is purchase of foreign oil, we'll go down in history as the dumbest crowd that ever came to town. >> you agree with that? >> yes, i do. the only cautionary note to sound here is i am not a big believer that government does a good job in picking winners and you have to say one word -- ethanol -- to really be persuaded of that so i think what government needs to do here is put a fair price on carbon. put a tax on gas, maybe one to fluctuate with the price of oil so when the price goes down on the markets the tax picks up the difference and then have incentives but incentives which are neutral to get the renewa e renewables otherwise the government will back the pink elephants. >> peter, you get the last word on this. if we could push ourselves into a real energy solution that is a
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combination of -- the thing that really struck me, peter, i'll tell you, on this campus they use the energy that makes the most sense for the demand so for the buildings, geo thermal. for the buses, in natural gas. at the bus stops, solar for the lighting. whatever the situation, they tailor the energy source to the particular demand that is required. whether it's heating or air conditioning or transportation or whatever it is. how many jobs are on the table if we can get this right? >> oh, i'd say 100,000, 200,000 jobs easy. in terms of developing alternative energy, and in terms of developing domestic oil and gas, more than 200,000. but more important it's not just those jobs, when the money is not leaving the country to buy imported oil but it is being used here it has an enormous multiplier effect. we are looking at a couple hundred billion a year. if we kept that money here then we would be increasing gdp by
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300 billion to 400 billion, 2% to 3% and employ 500 million people. that's a lot of people. >> yes, it is. it's greet see you guys. enjoy the weekend. thank you. you can handle the tough questions. you're made for them. peter, a pleasure. coming up -- bye, guys. coming up on the special edition of friday afternoon on campus, no less, i might play frisbee after this if they'll let me. from wars to pollution, to lost opportunities, what you see at the pump quite simply is not the actual cost of oil. the unholy alliance between business and state that gets us to buy the wrong things. plus, our interview with oscar-winning director, inventor and advocate, james cameron. he's working with nasa, the navy and now he's working with us on energy. but first -- >> hop on the bus. >> to see how natural gas can drive a university.
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the sacrifices that we're making as a country are not just economic, maybe we wouldn't have the wars, if these countries didn't have a lot of oil that we are absolutely addicted to and dependent on. >> costing dollars, more importantly, costing american lives. strategic assets that control our lives.
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u.s. marine madia with poignant thoughts last night. not just an energy issue, not just an economic issue. it's a patriotic issue. it's a peacemakers' issue. it's an environmentalists' issue and on every level the price simply is not right. the stakes have never been higher. the costs never greater. our energy dependence strangling the economy once again. >> oil prices up 17% at two and a half year highs on crude. >> what if we told you even $4 gas you are getting off easy? >> we estimate the cost of a gallon of gasoline really costs us $14 a gallon. >> reporter: it's the hidden costs, the wars, port security. >> aircraft carriers, military and the greatest cost being american lives. >> reporter: it all adds up to
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another eight bucks you should be paying at the bump but instead paying with thrives of american soldiers, taxes and the deficit. but that's not all. the environmental toll and you're looking at another two bucks a gallon, nearly $14. all of that extra cost currently being subsidized by the federal government. printing its way into price manipulation while we find fewer and fewer jobs here at home. in short, running on empty. >> the united states of america cannot afford to bet our long-term prosperity on a resource that will eventually run out. it's time to do what we can to secure our energy future. >> and there may be no better example of the trillion-dollar problems in this country than the energy problem and the unholy alliance between business and state, allowing special interests, the oil companies and the banks, to manipulate the price of strategic assets and
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prevent from all of us to adapt to so many of the new alternatives at our footsteps. joining us from london, numer hawk and author of a book i could not more highly recommend "the new capitalist manifest to." please check it out. also joining the conversation out of connecticut, peter butel, commodities analyst and author of "surviving energy prices." i welcome both of you. umair, what do you see as the greatest obstacle of pricing assets and how dangerous when the strategic assets are manipulated by certain businesses in collaboration with the government? >> well, dylan, thanks for having me. look, i think that's a fantastic question and i think in the previous segment you nailed it, right? the true cost of gas. we are barely even beginning to
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approximate it at the pump and i think it's vital for us to get there. i want to give you kind of a different take on how i think we should get there. i think that it's very important for us to now consider updating our fundamental economic institutions which were laid down in the industrial age, and the biggest one of these is this kind of belching, wheezing contraption we call gdp and when we talk about the true cost of industrial age energy masked and hidden, the reason we're able to get away with doing that and essentially pass the buck because we haven't undated gdp for the better part of a century now and i think if we rebot prosperity and regain the prosperity we deserve it has to begin with reimagining gdp. i'll give you a very simple example. an oil spill doesn't count as a cost of gdp, it is a benefit. if we're considering the economy
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on -- in that way, it's going to be very, very difficult for us to build a leaner, cleaner, greener energy sector. >> peter, how much power does one have when one can influence the price of strategic assets inside of our own government or opec? >> well, most of the prits pric determined on wall street or lower manhattan, but, of course, the saudis have an extraordinary power over the price of oil. every time they speak, the price will react to that. anybody in iran that's in power has the ability to influence it. there are a lot of different influences here, as your piece is showing that can move the price of oil. >> how much power, though, ultimately, does price have? in other words, we talk -- we hear a lot of free market rhetoric in this world, peter.
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let the markets be markets, all this sort of thing, and yet, we allow certain businesses to collaborate with the government to fundament al gore ter certain strategic prices. how is it a free market when i buy access to the government to influence the price of strategic assets? >> unfortunately, it does seem that our entire political system now is set up that you have to get -- accumulate a war chest of i guess last election it was $400 million, i believe, to win a job that pays you, what, $400,000 a year. you right away you can see there's something wrong with the math. and obviously, the way that's done is the people running for president have to appeal to people who can raise that kind of money. so, perhaps this argument does start with how our elected officials elected and a lot of it starts with raising vast sums of money and the only place they
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can do that is by going to the special interests that you describe. >> yeah. umair, you recent lisa the following, maybe the great american stagnation isn't happening because we're failing, maybe it's happening because we're not. what do you mean by that? >> absolutely. listen. i think that a great reason we're trapped in the great stagnation is that we are unwilling and unable to let yesterday's a yesterday'saligopilies fail. what we see in the energy sector is that we're giving a little bit of special treatment to guys that should be up and coming, right, like wind and solar. a little tax break here and an incentive there. if we were to reshape gdp like, by the way, india is beginning to do, i think what we would see is a higher level of failure and see the tough that america's really, really good at,
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entrepreneurship, waves of creative destruction rolling through the economy because resetting gdp would fundamentally reset throughout the economy and i think we have to confront the inability to fail. and so -- >> fear is a -- we are in the fear cycle, for sure. hang on a second. i want to get to peter for a second. if we look at the current cost of oil here in royal, $108 a barrel. the highest average of march and peter, we're in the trough season for demand. this is not the heating season of winter. we are not at the peak of driving season in the summer. if we're maxing out in the low demand cycle as we see right now, what are we in for come memorial day or july fourth? >> memorial day is the key because we see the gasoline peak
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right before the peak in demand. the peak in demand is july, august. the peak in prices almost always the last two weeks of may before memorial day. in heating oil, columbus day. but we're in for higher prices. in 25 out of the last 26 years, gasoline prices have moved higher from march 15th to may 15th and right now we have already moved higher since march 15th. we made a new high today. so we're already seeing this now the 26th out of 27 years. what -- didn't it work? 2003 when it happened in january and february because on march 19th we invaded iraq. >> oh. all right. listen, i learn every time i host this show and that certainly goes for this conversation. i'm a huge fan of both of you. umair, again, an avid follower of your writings and your
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thinking. and i appreciate that -- what you do and, pete ler, i appreciate your insights on the energy sectors. umair haque, peter beutel. up next here, catch a ride into some smart energy policy. even if it's just here on campus courtesy of the folks that run oklahoma state university. and if you missed last night's town hall, it is at live stream.com/dylanratigan. we thank the livestream folks for carrying it to an overwhelming response last night. we'll put on more in the future. we are back here with a ride around town on a natural gas powered bus and solar powered bus stops after this. kinds of e,
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welcome back. well, of course, today the president out advocating for the use of green fleetds in american industry. right here, the president of the university showed us how the green fleet's already in action. so the whole point, i suppose, you don't just talk the talk with more efficient, cleaner energy but that you walk the walk and what's behind us right here is clear evidence of that very fact. >> that's right, dylan. this is -- in fact, we are now totally cng with the buses. >> as you know, obviously, there's a lot of natural gas in this country. >> there is, indeed. >> and in oklahoma. >> and in oklahoma, especially. and, you know, if you go around the world you see it all the time. it's not like we're inventing a new wheel here. it's totally domestic energy. we could become an export and sort of become the saudi arabia of natural gas. >> let's go take a look over at
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the fast fill, shall we? >> great. >> you got to pay your bills, m man. pull it out. put it back up in here and you're traveling at $1.99 a ride. >> let's go. can you drive this thing? >> no. >> me neither. this is not just about natural gas on this campus. >> right. it's a total energy efficiency plan. we figure we have saved over three years about $15 million. >> purely because of efficiency? >> yeah, yeah. purely. a lot of it is common sense. turn your commuter off at night. turn the screen off. you don't have to turn the whole computer off but you can't imagine on a campus like ours, 500 acres of buildings how many computer screens there are. so we have these teams that go around and leave a post it note on the computer says, hey, you left the screen on tonight.
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we turned it off for you. >> how many of the decision that is you have made, whether it's sor-powered bus stops, the geothermal buildings and natural gas buses like this made for economic reasons and how many for reasons that were beyond economics? and how much was it the same at the same time? >> i think everybody is an environmentalist until they check the bill and so economics does drive a lot of this. it's got to be effective, efficient and available. and affordable. and so, that's a big part of it. but obviously, it is great for the environment. still cotom here, two incredible conversations. for all the talk of natural gas and so much that we have, can we trust american regulators with the revolving door that we have seen, the massey energy coal mine disaster, the bp oil spill? we know how the financial regulators screwed us with the banking system and what can we
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do to get a more aggressive, regulatory infrastructure to ensure if and as we develop the natural gas we can do so safely? after that, a conversation with the man written, directed and produced the two highest grossing films in hollywood history who, by the way, happens to be one of the strongest, smartest and aggressive voices on the subject of green energy and energy independence. we welcome james cameron to the conversation in the moments to come.
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>> that, of course, u.s. marine ashwin madia. natural gas often talked about as one of the most promising, abundant alternative with transportation fuel to replace our dependence on mideast or foreign oil. it's cheap, clean and we have got a lot of it. but the most common technique for getting to it is called hydraulic fracture drilling and not without critics and not without cause. the epa currently investigating the impact that this is having on our water supply which may be one of the few things more important for obvious reasons than our energy supply. let us not be stupid as to solve one problem by creating another problem that's bigger than the one we just solved. with the full awareness of both the risks and opportunities in this, it is on us to understand what the resource is and whether
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we can trust regulators who have failed us on wall street, have failed us in the coal mines, have failed us in the deepwater drilling, that they won't fail us when it comes to natural gas. and joining us is josh fox, director and producer of the documentary "gas land." it is a critical look at natural gas issue through the failures of our regulatory agents to monitor, let alone, administer true standards for getting it out of the ground, with us at oklahoma, alana craft and a delight to welcome both of you. hi, how are you? >> thank you for having me. >> josh, before we get going, i want to compliment you on bringing to everybody's attention the risks associated with something that's attractive for so many reasons but at the same time regulators have proven for too long now, not just with energy that they put industrial interests too often ahead of environmental interests. there's no contest that there
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are issues with hydraulic fracture drilling. my question is in your reporting and journalism have you found any technique to be tested that could do it safely? >> no. and the point here is not that we have to get off of fossil fuels altogether and natural gas is a fossil fuel. the problem here is not with regulators. the regulators are dying to their job but you have big oil and gas lobbying washington to the tune of $50 million a year to operate above the law. the laws of the safe drinking water act, the clean air act and the superfund law. all the companies have stated over and over and over again they cannot do this form of extraction effectively or within their economic means without essentially breaking those laws and what's happening across america -- >> hold on a second. you said something interesting which is not within their economic means. i don't know that their economic means should take precedent over public interest but at the same
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time if you argue to eliminate all dependence on all fossils immediately and don't use natural gas, since we can't do that, basically your plan to continue to send u.s. marines like madia to be killed for foreign oil and -- >> that's absolutely not true. the only thing that we will -- >> what is your plan? what is your plan, josh? >> the only thing -- i'm about to explain it to you. the never thing to import is the sun and the wind. i want to show you what the pickens' plan means. >> do you have a run to american energy right now on sun and wind? >> yes, of course. these technologies are not rocket science. they're available now. the pickens' plan means drill every single square mile in that red area and what i have seen from the beginnings of this hydraulic fracture development are hundreds of thousands of americans who are up in arms of the toxic poisoning, the loss of the character of their area and
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civil rights being overthrown by the pollution. hydraulic fracturing is a not a panacea. >> got it, got it. i have another guest. i have a couple of minutes. i would love to give alana a chance to give a couple of words. he says it's impossible to get a fossil fuel or natural gas out of the ground safely. is that correct? >> from our perspective, there are risks of any natural resource and that environmental defense fund we are realists and realize that natural gas is part of a diverse energy portfolio. what we are concerned about is that regulations are not in place to effectively protect the public -- >> so that's my question. what i'm trying to get at is, there has to be a way that we can apply a tremendous amount of public pressure to regulators to raise the standards. >> there -- there is and we need
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to apply that pressure, and i think that, you know, there are certain criteria that need to be addressed, namely, well construction. air emissions associated with oil and gas drilling an enthen what to do with the produced water once it is extracted. >> are there answers to the question? that's my question. >> yes. >> and josh says the answer is, no. >> what i was saying is actually -- >> we are working on those issues. >> hold on a second, josh. >> we are working on those issues. we have been working on those issues. the problem is that we need more industry support, we need industry to recognize that the public has legitimate, valid concerns and that if we work together we can help solve some of these things. air emissions, for instance, things to do to capture va porls from the storage tanks that have been a problem in the barnett shale area. >> some can be solved? >> yes. >> if people decide they want to solve them instead of fight over them, that's possible? is that correct? >> that's usually what -- much more effective. >> but the -- >> to your point, josh, we have
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to go straight to wind and solar and bypass all fossil fuels and proposed a plan to do that? >> we're seeing the primacy of oil is ending. t. boone pickens has 500,000 shares of bp. he's going throughout and promoting -- >> isn't that capitalism? >> he's promoting his own business interest. nothing to do with patriotism. >> isn't he putting his money where mouth is, josh? >> -- moving beyond the oil barons of the past. and that was what you were talking about yesterday. where you're talking about is not changing the model. the model is still dependent on huge extractive energy dependence of fossil fuels. every scientist looking at climate change says we need zero carbon emissions, no more developing of fossil fuels but besides which -- >> got it. got it. >> it doesn't work economically.
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as you said earlier in the segment, you cannot separate energy from the rest of the economy happening around it. if you drill every single square inch of this map, basically what you have is natural gas in those areas and no other economy. it's devastating to real estate, devastating to tourism, devastating to the basic character of those areas. you would be living in a toxic drilling zone, and this seems to be fine for -- >> thank you very much. >> it's not a solution. >> i'm running out of time, josh. i get it. you believe that natural gas will ruin the universe and cannot be solved. >> i don't believe that you should be trivializing my position in that way. you are trivializing the people that live in that drilling target zone. >> i'm not. >> and the choice is about -- >> i have to go. i have james cameron waiting. too much going on. you want to make a speech, put it on youtube. i want to have a conversation to solve the problem with you. i'm not looking for a prop gandhi speech anymore from you
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"avatar." but when james cameron is not winning oscars or making blockbusters he is one of the most impassioned, invested americans on the subject of energy independence. cameron, an inventor, an innovator, he holds patents on 3d cameras, underwater commitment. even worked with nasa. in a nutshell, when a man of his talents gets passionate about big problems, watch out. and we welcome to the dr show, writer, producer, director inventor james cameron. mr. cameron, thank you for giving us a slice of your afternoon. give us a little bit of a framing of how you think about solving the problem. >> well, dylan, for giving me a slice of your show. appreciate that. well, look. i approach this from the standpoint of being a parent. i've got five kids and i think about the world that they're going to live in and i think
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about -- i think about the consequences of the path that we're on right now, and the fact that we have got to make some huge changes and do it faster than we may even be capable of doing but certainly faster than it looks like we're able to do right now. you know, i think a big part of it is is we have to get out of this sort of mentality of denial. i think people think, well, the government's going to handle it or, you know what? we'll handle it when we feel the climate changing and not feeling that much yet which, of course, it will be too late by that point. >> if you were to look at the nations around the world, the communities around the world, i know you were just in brazil with your friend arnold schwarzenegger, you have had some complimentary things to say about india. why would you look around the world for nations, governments, industries that you think are tackling this the best? >> interestingly, some of the real leaders are in scandinavia and europe, germany is about 20%
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renewable, true renewables, meaning solar and wind, and by the way, the sun doesn't come out in germany very much so if they handle it there, we can do it here. china's a leader in manufacturing products such as solar cells and turbines and get it and also a big carbon polluter and a little bit of a mixed message. i think, you know, we have the capable. we have the technology. we have the wherewithal to do it. i just think that we collectively meaning america, canada, north america, we need to wake up and take a kind of leadership position worldwide that we're not right now. >> and what do you see as the n anesthetic drug to keep us in the slumber of disengagement? >> well, here's an interesting stat. by polls, about two and a half
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years ago, 45% of americans believed that climate change was real and that we were causing it and now dropped down to about 34%. and that drop was very precipitous and timed exactly to the, you know, economic crash. and so, the second that people feel threatened, they feel they have got very immediate needs to deal with, their mortgage, car payments and so on, they don't want to think about these big issue problems until they come right up and bite them on the butt. and so, i think that that's what induces the denial. and i think that the sort of the entrenched interests, the fossil fuel lobbies and so on, coal lobbies, have been very successful in driving this wedge that goes like this. if you vote for clean energy, you support clean tech energy, it is actually sort of a vote against the growth of the economy in this country and it's actually quite the opposite. i think that's been proved well
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here in california with so many clean tech energy jobs here. literally hundreds of thousands. it's a biggest growth sector in the california economy. and i think that when we acknowledge the fact that fossil fuels are sunsetting, the oil is running out, whether we're at or past peak oil, that's a question of debate. but it's definitely going to go away over time. why not embrace an economy that will keep us strong for hundreds of years, not just five or ten? >> what has struck me over the past couple of days here in oklahoma, also being out in california at stamford last month and high schools in omaha, back in january, high schools up in seattle, is that the young people are so anxious to get after this. they want to do this. they walk up to me and say, listen, dylan, i have all the ideas. there's things to do. how do i get involved? what feedback do you give to the
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youth of this country who are so anxious to seize this issue? >> i think it's get that they are, great they're aware enough of the problem. not living in denial. they know this is the world to enher inherit. education is first. understand the issues and the potential business models for renewable energy companies. you know, learn more about the public policy because, you know, really it's up to the public to influence the leaders of this country to take the right action. they're not going to do it if they don't feel they have a mandate from the public. so we have to educate ourselves. you know, i go to these kind of green carpet events and people sticking a microphone in your face and saying what are the green tips? i think the best tip, forget about recycling, we should know by now to do that stuff. best tip is get informed, read the books. understand what the stakes are, you know, how many chips we're
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playing for here and what the true consequences of, you know, climate change are going to be. and i think that for kids, it's prepare yourselves for actual jobs in this sector because those jobs will be there. you know, so many kids are getting out of college these days with huge debts from college and not being able to get jobs. this is one area where i can guarantee you there are going to be jobs. >> indeed. we'll leave it on that note. thanks for the time and thanks for your efforts on the energy issue. james cameron, thank you, sir. >> dylan, pleasure, thanks. >> all right. up next, a look back at four months on the road, 8,000 miles around the country in search of jobs and solutions in america.
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all right. welcome back. i do want to thank everyone who's been involved in the "steel on wheels" tour and here's a little look back at our time on the road. good afternoon from the ceneca falls savings bank. philadelphia. st. louis. rochester, minnesota o. ma what central. breckenridge, colorado. seattle. port of oakland. the cam us the of oklahoma state oklahoma. in our campaign to bring jobs back to america, who does the american government work for and how can we get that government working for the american people and the american nation? >> our education system isn't well aligned to support our economy. >> nothing is more important than learning to think creatively. >> we need to educate americans
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that when they buy a product from abroad unless those dollars they send abroad come back to buy our exports so we replace the jobs lost with new jobs america doesn't work, we have high unemployment and we cycle down. ♪ >> we're just looking far level playing field. >> in the high-tech generation, it is a worldwide web of possibilities that we have yet to tap. >> all begins with innovation and a new idea i think. you break through, something that's a transition. >> young people innovate and our job as venture capitalists take the risk. >> 89% of college students feel like the experience was a good investment but 62% of the students found the educational aspects of it were worth it for the workplace. >> i think that children have an enormous potential that is
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removed by school opposed to aided by it. >> if children are prepared to go to kindergarten, the k-12 system works a lot better. >> you cannot teach from a lectern. it has to be hands on. >> my teachers, they ask us to ask them questions. >> any geek like me with a laptop and 50 bucks a month has a real shot of creating a facebook and multi-million dollar company. >> if you are not optimistic, you can't solve anything. that's the trick. you always believe you can do anything. >> to vote the old virginia slims motto, we've come a long way but failure is impossible. >> on monday, we'll unveil our energy manifest to, a
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