speech was when he wasn't just reading verbatim from what some establishment speech writers gave him to read. all this high about the need for green energy to save the planet from climate change. and now in biden's like, well actually the future is fossil fuels for another decade and beyond and big oil which went from being the ugly step child to being propped up on a unicorn expected to be the white knight now isn't too happy with all the mix messaging, the president is right that americans on the world will continue to need affordable, reliable energy for decades to come. so why attack the industry walk in day and night to provide it fighting has been using big oil as a scapegoat for bad government policy as in now don't blame biden's anti russian sanctions, or coven restrictions and mandates that totally deregulated energy market in spite inflation or don't blame is green agenda, the kill domestic fossil fuel projects,

just plain big oil for not boosting domestic production as though that would fix everything by didn't even went to europe last march, and ag them on to break free from dirty rushing gas in favor of putting all their chips on green energy, renewables. we've agreed on a joint game plan toward that goal. while accelerating our progress toward a secure, clean energy future. this initiative focuses on 2 core issues. one, helping europe reduces to pregnancy on russian gash as quickly as possible. secondly, reducing europe's demand for gash overall. so the you of course, did what you always does and promptly took jo biden's advice set fire to its sale, and then started panicking over being a drift without a viable energy lifeline. particularly were in the realize that wind and sun weren't going to get them back on solid ground any time soon. that is until the you

offered them a pricey life raft. the block ended up importing a 148 percent more. u. s. natural gas last year, as opposed to be or before at prices several times higher than what americans pay for the same thing. but europe isn't the only one who got totally suckered into allowing joe biden to gut punch. they're pretty full energy projects for not being green enough. biden killed canadas keystone excel pipeline project because, well, it just wasn't good for climate change. and he also led north america and europe in cutting funding for fossil fuel projects in africa. notably in the western part of the continent. so countries like nigeria and synagogue, this would really be a huge blue country, such as ours. really want to see gas as a transition of fuel and to have time in which to, to work toward the met 0 with in the, in the meantime to be able to also continue to use or use gas may support the gas

that we have. todd is crucial, biden's been running around demanding, the other countries go cold turkey and cutting themselves off from so called dirty fuel. and they did. so now he is position the us to become their dealer for the foreseeable future, which is starting to look a lot further away than what they may have figured from all of biden's green height . and that's all for now. be sure to check out our t v dot com for all of the leave is breaking news and updates. we'll see right back here at the top of the hour. ah, the faith has historically been an area of collaboration of

the us and the soviet union collaborated on a number of projects and despite the tensions of the cold war. but today that may no longer be the case. i'm christy i and you're watching the cost of everything we're today. we're going to take a closer look at what it costs to fun. the great base race who point out, ah, the the space raises heating up and they, he isn't just coming from international rivals. private companies have been disrupting the industry that was once under the sol purview of government agencies . over the last decade, commercial could be in space more than tripled, growing to over $300000000000.20 companies, space ex, blue origin and virgin galactic, achieve key feats and space, travel previously reserve to only countries. so how are these companies able to do

that? it all had to do with scope, cost, efficiency and speed. government projects tend to be big, think mega, dan. hi fi rails. the, i assess these projects are these quantum leap projects that attempt to achieve a massive gain in a single leap, and they're funded because they are massively impressive. unfortunately, most of them end up as being failures as costs are never recruit. in contrast, private companies like space that limit their scope and grow incrementally. first, there was a falcon one than the falcon 9, then the re usable falcon 9. and finally, the falcon heavy. the company focused on solving one problem at a time like a satellite launch before extending it to a spacecraft and launching people. second, you have cost efficiency. like most things in the government, contractors are selected via bits, right now space suits are being built by 27 different companies that successfully

lobbied the government for peace of the action. in contrast, you long must space suits are created by one single contractor. in $118.00 space mission, nasa on average cost overrun of 90 percent. in contrast, over 16 missions space x only on average cost overrun of 1 point one percent. and finally, you have speed nasa project average about 7 years versus space x project, which average about 4 years space. x has one boss who executes decisions quickly, a sharp contrast to how the chain of command with a nasa bureaucracy work. now to further break it down, let's bring in hums hamid co chair of the space generation advisory council. so 1st off, why is the space race such a big deal? seems like it's a big attraction for millionaires to compete over as

a race to develop these rockets. but what's the end goal? and is it really something that ordinary people like you and i should even care about, you know, for me coming from a developing country like back just on the idea of outer space. there's always this fantastical sort of scene where only the rigid countries or the, you know, most highly developed economies, had access and, and also needed. then as i grew up more and more and you know, started working the area space and space fund particular, i learned that almost everybody relies on space technology for almost everything that they do on a day basis. in fact, if i just try to think back to everything that i've done today, whether that be coming to, we're calling an uber, we're talking to my friends over the internet. you know, most of those activities involve some sort of communication with a satellite or reliance on space technology. and i think when you think of the

class, when you, you know, see why the space race is such a big deal is because as a community we want to, you know, do better or develop more, have better access to others, have better access to information. and space can serve as enabler to all of those things. in fact, from a development perspective. and then from the type of work that i do, very often stace can make access to education and access to opportunities, even ex finance, so much more open and transparent. so many people as well as just allow people to get involved in activities that they would normally not be able to be involved in the past. and then so i think that's one reason why the space is such a big deal. and then i guess it's just also, you know, humanities wish or urge to always, you know, try to find out more about the universe about where we came from about all sorts of

things that might be out there. that also make it quite a big deal. so i don't think space is just around the billionaires and you know, highly developed economies a think is this the common which, which is important for everyone. and then can give benefits to everyone if utilized in the right way. so nasa has been called slow and antiquated compared to these new private space companies. why is that the case when nasa has such a big head start? what if you think of the history of the space sector and that it was already dominated by b space agencies? and that made a lot of sense because whether we admitted or not, the space race started from its desire of countries, tip it to have greater superiority in terms of their designs. and so the prime initial use cases of the space vector are mostly based on defense and pen space.

the coffee tied to the armed forces and also tightly under the ambit of governmental institutions. at the same time, if you go back looking at the development or start of most of the face agencies, you'll find that their primary purpose research and you know, testing the boundaries of what's possible rather than commercial activities. so if you look at any space agency, whether that be nasa or you know, my, the space agency for my country boxed on which is a particle. their primary goal is to conduct research and then facilitate an environment in which the space economy can grow. and i think most space agencies do that really, really well. they set out these ambitious programs that take a lot of testing research development. and then those programs and initiatives

sort of motivate the rest of the community, including the private sector to do more and more. and then the private sector being commercially focused and profit oriented sometimes does grow at a faster speed and in a much more disruptive fee, which i think is fine. and you know, i, i don't think it's a quest trying to compare stage agencies, the private sector. it's about trying to figure out how all of these different parts of the space puzzle together, which i think is the most important thing. and now if we have a sex blue origin and other private companies launching into space and handling all the satellites, telecom services, what's the point of nasa? do we technically even the nasa any more? and what benefits does not offer that private companies do not? oh absolutely, i think there are several reasons why space agencies and public sector bodies generally need to continue to exist and support the advanced technologies. like i

said, you know, the primary goal of these agencies from their consumption was to promote research and science and development. and not to, you know, make a profit. and whereas the primary goal of any private sector entity is to have a commercially viable business. and so, while, in my opinion, you know, where the space agencies and the public sector institutions can add the most amount of value in doing scientifically innovative thing is research projects, you know, testing the boundaries of what's possible and things that are highly capital intensive and probably not a palatable for the private sector because they might not be profit generating immediately. so, the mean, the space agencies and public sector bodies in the space sector play that role of where they test out,

where they come up with the best and brightest ideas. in terms of technology and then you know, engage the private sector or push the private sector to turn those ideas and technologies into viable business models. so i certainly think that, you know, private companies it's, they facts are blue origin. always to come lament the strategies or the visions that space agencies put forward and then bring together and complement their work rather than compete with them. and i think it's how well in, within any government or within any country, the private sector works with the governmental institutions that determine the success of that particular countries based program. yep. so while it's primary purpose is to further space exploration, nasa has contributed quite a few inventions that benefit the public space today. every day. items like memory

full mattresses, freeze dried food, firefighting equipment, emergency space blankets, all of that. all that started from nasa have private space companies contributed any benefits to the public? absolutely, i think a lot of private companies have dedicated programs and products that are designed to benefit the global community. a good example that i can point to, for example, is, is a lot of these private space companies that are working towards launching constellations that would provide internet access to areas of the world that might not be served with broadband. so a good example is, for example, starting from basics, which really does open up at 10 potential that never existed before, right? it was almost impossible to get internet services in rural areas or where broadband service providers really couldn't make

a good case to provide high speed internet and space acts with starling satellites . really, sol provides a novel solution to this problem which is internet enabled by small satellites and lower earth orbit. and i think that fantastic. and then there are so many parts of the world, including in developing countries where access to internet is a big, big problem. and it's largely an infrastructure problem, a problem that is very hard to fix for developing countries and then can be remedied through space technology such as a series of satellites that provide internet. another good example is the use of satellite data in disaster mitigation. so if you think of one of the main use is that like knology is earth observation and remote sensing, which is when the satellites look down at earth and then help and provide data to

those to government institutions as well as to, you know, private entities regarding weather patterns regarding the movement of rivers regarding rainfall, soil conditions, all of which have a big, big public sector benefit. and then so i do think there are lots of examples, the private sector, opening up id status, data to government entities and the public. so allow for things like disaster management and then relief at the same time as providing services that are just beneficial the public generally rather than to make a profit. yeah, thank you so much. honda, me for insights, but we'll have you back again on the space ways after the break. right, when we come back, countries are racing to launch their own base station instead of collaborating together in the international market. what costs don't go away? ah,

ah, museums are important for preserving our history so that it is a lot to future generation. but our physical museums, placing themselves a relic of the past. this is one of the best museums in the world, the hum attached, and st. petersburg. how rusty is the director here, and i bet he has met the international space station, or the i ss is the only space station that's currently fully operational. the u. s . russia, japan, europe, and canada collaborate on the i assess. and currently russia owns about a quarter of the us and is responsible for navigation and control of the spacecraft . but it had announced that it would end cooperation with the us after 2024 and instead build its own space station due to sanctions imposed by the west. this is

a heavy blow, as it is not yet clear, the space station can remain operational without russia. instead, russia space agency unveiled a model of its own space station. doug ross suggesting that moscow is serious about going at it alone. china was denied access to the i s s program and is currently building its own space station called can go translated as celestial palace, which should be fully operational by the end of 2022. once it becomes operational, china is expected to be the only country to operate its own space station. now to further break it down, let's bring back in humble hamid co chair of the space generation advisory council . so the i asked us is the most expensive item ever built and cost nasa about $4000000000.00 a year to operate? what does that money go towards and why is it so expensive?

so i think the international space station, or the us, is a phenomenal example of multilateral cooperation and how things can get done when you know the most advanced space economies of the world collaborate and do a mission together. it's served as human kinds, outpost in space for decades now, and is really fundamental, inspiring the future, you know, thinkers, students, young professionals in the space industry. i think it's a super important project because it enables us to test technologies in outer space, which is not an environment we generally have access to here on earth. i think it serves as a testing as a, as a graph, as

a station for experiments, whether those, the scientists, scientific experiments within various different deals. so there have been projects on diocese that have involved, you know, agriculture medicine as well as his aches, in biology, all of which have have shown results that were not possible on earth. so i think it adds a lot of value with that. and then i think the facet served as and outpost 2 astronauts to go to space and then you know, look back at earth to understand how the feeling of being and stay feels like and, and that whole collaborative atmosphere that mean different countries. those are enabled countries that would normally not have access to space to have one of their astronauts in space, which i think is excellent with regard to why it costs so much. i think it's

an incredibly mm cost expensive operation to run because it's based in outer space . i think all of those on that equipment costs a lot. i think the cost of the launch is really, really high and old astronaut in the us need to be provided resources such as food, water, anything else that they need from earth and then so re supplying resources, di assessors obviously inexpensive process. then the i assess, is navigated through ground a through a ground station. so obviously providing ground station support is an expensive, expensive tool. and just the upkeep of a space station is obviously a very expensive activity. and if you ask me whether or not it's worth it, i think it's completely worth it. it's inspiring so many people to, to, you know, build more business models for space. and it's great and it's a symbol of cooperation like we've never seen before. it's

a good example of recent the recent use of the i assess for innovation was when use based company use the i assess a lot launch port, right. so i'm sure you've seen videos where small, nice vertically thrown out of the us and deployed into orbit as an innovative mechanism to have satellites in space. and that was only possible through having a station like the ice that's out there. yeah. so while we have a couple of these alliances and space blocks here you have the russia, china block, the air space, coordination group, and the euro block, etc. and while these box are gray and allow for nations to collaborate closely, do you think that there is a possibility that the more rigid these alliances become, the more likely conflict is to ensue between the blocks? so i think that's a great question, right? i think political powers and political factors are at play

in every industry. and you always find that as the importance, if a sector grows more and more countries want to explore it. and often countries tend to foreign blocks or alliances to try and further their common goals or, you know, comes for the stage. so for any sectors, i think space is the same. where you see a lot of, you know, countries with common missions or common ideologies. grouping together and what you described as these blocks to try to join leach bar space. and i think cooperation, collaboration is great and i in my work on, on a day to day basis we encourage corporation and collaboration on as multilateral level as possible. but then also on, on regional and bilateral novels and whether or not that leads

to conflict in space. i think the answer to that is the same as whatever, you know, geopolitical situations are going on around the world at any given times. i don't think space has any particular charity in this whole block diplomacy that goes on around the world at the you and or at other international organizations. and, and i think it's just one part of the bigger picture. i cannot specifically point to any, you know, geopolitical blocks and the roles that they play in, in the global space economy. but i do think collaboration and cooperation is the way forward. and there are rules in place that you get in the state sector in the form of the outer space treaty as to how you a country or even

a group of countries can and should use space. and then within the rules, you'll find lots of provisions relating to things such as the importance of demilitarization, a space of a space, no use of space for, you know, have this is a placing weapons on that field, bodies and things like that. so there are rules when it comes to defense and space and how they're interlinked. and, and i would imagine those rules to be followed and for space to continue to be a collaborative and cooperative stare for most countries. yep. and now while previous case endeavors were in the name of scientific exploration in discovery today space endeavors have an element of technology, security and communication. and does that change the nature of cooperation and collaboration between even friendly partners?

it would be wrong to suggest that security was not always a part of space exploration. he can always buys the space race was, you know, a big part of the cold war. and since then, security has only and defense have always been key elements of any countries development in the space sector. whether or not that changes the way ways countries collaborate. i don't know, i think the answer to that again is that space will always continue to be part of broader alliances and in friendships that countries will build or you know, great off. i think it will always continue to i think the impact of space technology, particularly in defense, will continue to grow as signs and technologies deployed in space,

grow space technology now plays a much bigger partner in conflicts in issues that come up. and so obviously that will come up as, as a domain where countries might want to compete or had their own systems in place for, for reliability or further safety and security. i don't think it particularly impacts cooperation and collaboration between brandy states as, as that's in the interest of the broader community. i think you'll always find that the defense sector is separate from commercial private space. and then that's surely for this reasons. henry's bye to deal with, dared if an sector and in a particular way, and then promote the growth space technology and then thought space science in a different manner. and while that's not the most ideal solution in many countries,

most countries still work like that. thank you so much for joining us today. while nasa receive $23300000000.00 and funding for 2021 space x rays mer $1500000000.00 in the same year. more money doesn't mean it's better. it's interesting that in the 21st century, the space race is no longer between countries. but instead between 3 private space companies must base sex bases blue origin, and brands and virgin galactic. all 3 companies are pushing the boundary of humanities reach beyond earth. and each of them have a distinct goal and vision in mind. space that wants to land on mars by 2024 blue origin. they aim to make space probably accessible to citizens and obtain new energy sources and materials from the for system. while virgin galactic, they're focused on sub orbital space experiences that include supersonic transport

liners. why at mach 3 that would make the new york to london flight only 2 hours faster than the now retired concord? and now the success of these companies, they can benefit people greatly as it opens the doors for more advanced technologies to be adapted for the daily life. but until that happens, many critics claim that space exploration is a waste of taxpayer money that could be otherwise be redirected towards more impactful endeavors to help managing on. i'm christy. i. thanks for watching. i'll see you back here next time on the cost with ah, so what we've got to do is identify the threats that we have. it's crazy confrontation, let it be an arms race group is on often very dramatic development only personally

and getting to resist. i don't see how that strategy will be successful, very critical time. time to sit down and talk with the headlines on our team to national as a disturbing video appears on line report, showing a ukrainian soldier executing a captured russian up b o w. and yet another instance of alleged war crimes committed by ts sports. also ahead for right now we are just outside the town. it is outside of the city of a russian that special forces unit operating close to a key ukrainian stronghold in the internet to republic. the russian army rum stuff .