namely, energy. most importantly, we must take real action on climate change and address a problematic provision in this bill to limit environmental reviews of massive, potentially toxic mining projects. everywhere we look, we're experiencing the devastating effects of climate change, whether it's hurricanes along the southeastern coast, flooding in the midwest, drought in the southwest, or out-of-control wildfires in california. and we're careening too close to climate change tipping points that scientists warned will doom the planet. the bill before us does not set targets to reduce greenhouse gas emissions to the levels required to meet global targets or transition us to a clean energy economy which is where we need to head and we need to be heading there fast. a few things would dramatically improve this bill's climate impact. first, we need to add clean energy tax incentives. clean energy tax incentives are one of the most effective tools we have in our toolbox to increase renewable power source

vision is a system for storing large amounts of energy so we can increase the sheriff energy is in the grid. or right now it's about 30 to 35 percent that's the limit because the sun doesn't shine constantly what we need is a more economical and efficient storage system that and this is what his batteries will look like towers 60 to 120 meters high made of hundreds of cement blocks built around the 6 armed crane when there's excess energy in the grid it will power electric motors which move the crane arms to lift and stack the 35 ton blocks. now the battery is charged. when electricity is needed the blocks are let down again generators in the crane arms turn the potential energy of the stat blocks into electrical energy which is returned to the grid this leaves the tower discharged. petrecki cement blocks essentially function the way the water in a pumped storage hydroelectric plant but with the advantage according to the inventors that the towers can be built on any terrain and are cheaper. to store the energy very cheaply because we use existing technology like motors and generators

in a power plant each target will release the same amount of energy as a barrel of oil that's how energy dense fission with. so each of these small tube so-called targets. could potentially release about 6 giga jewels of clean heat when converted to electricity that could run an average refrigerator for over 3 years. the company has moved beyond theory it's built a giant machine to accelerate its projectiles and is now optimizing its targets to maximize compression of the bubble making fusion more likely. they aren't the only ones chasing the drain in southern france the international project eater is building a giant experimental reactor that will see to use heat rather than compression because hydrogen to fuse the reactor design is what's called a talkin mag a huge hollow donut filled with super hot hydrogen plasma that flows through it like a ring of lightning bolt in place by powerful magnets. it's a very different approach than the one adopted by 1st light it is proving a major technical challenge peter has already been under construction for around a decade and is slated to go onli

we're definitely not buyers of energy here.ts that we're doing dollar cost averaging, last week we started pulling forward the march cost to take advantage we wish we would have waited until this week. from a market stand point, we think the markets will recover in general and that's where i think when it comes to energy, you don't have to make it back the same way you lost it i think going forward, investors need to really understand what's happening and energy is a big deal down here in texas, energy is not wall street. it's main street it's definitely going to affect a lot of company, a lot of industry, a lot of of communities. that really hasn't started to reflect itself into the real economy. the individual companies that are not publicly traded energy i shale industry. >> knowing you are in houston, thinking of the good people down there in business and otherwise. ron has a question for you. >> no. in addition to everything that's been said, we don't have yet -- may start to happen later in the day, the proper policy resp

energy generation is no longer the big problem the 2 other key factors are energy storage and developing an intelligent grid so power can be moved to where it is needed. energy reservoirs are needed for days when the wind drops all the sun doesn't shine when demand is higher than usual. both these issues are addressed by those on company just outside. it makes lithium ion phosphate batteries which at night store the solar energy generated during the day. in combination with solar panels they enable households to become largely energy independent and crucially become pany also manages an electricity sharing system of the orders here but they say it's cloudy here but the sun is shining in hamburg then our customers in hamburg have energy in abundance. their batteries are fully charged and they feed the excess into the grid which can then be used by our customers here. they're linked via our zone and community that was the 1st step the 2nd was to approach the grid operators and offer to help them stabilize the grid. buttes ohio only. one day private power sharing could make the big utility

some of them do realise they need to switch to solar energy. but they're discouraged by the high installation costs. but i believe we'll be able to win them over. for muslims. to back up his arguments he conducts a practical presentation outside and shows the farmers just how easy it is to operate a solar powered water pump. that many here have come from far away but they seem impressed they. do the work of the i'd love to have one of those systems. so we still use a gas powered motor but it's expensive and often doesn't work when they're doing the work and. have seen a lot of things today that were new to me well i'd love to be able to buy one of those pumps but i think they cost a lot of money where they can diverge when the constable certain of a signal. out of the 7 are so good hits the road again or he's visiting one of the farm is in the palm gardens of tata. all of mohammad to marines the riches lie in his vast plantation of de pounds and. the trees are relatively easy to maintain absolutely dependent on 2 things heat and plenty of water

energy is released as heat by nuclear fusion. to turn that thermal energy into electricity it 1st has to be used to turn water to steam which drives the turbine. as it revolves in a pallet plant it generates an electrical current that can be fed into the grid. we asked on social media about your sustainable and future oriented idea. what energy sources would you tap into to satisfy people's hunger for electricity. here are a few of your responses. guess son wrote that in his home they try to use of chemical waste to produce bio. yes. bill is spending his hopes on deep supercritical tears when title and solar power all literally limitless he says what's missing is large scale grid storage and the will to invest. it what is said is that in europe why wind turbines are appearing everywhere and that if donkey jose was still alive he'd be having a party. and ticker is there sitting on microbial fuel cells powered by organic waste including urine. and armando's says we need to invest in geothermal energy that unfortunately nobody seems

hopefully that'll change now that we have solar energy that the. little they do possess or a few corn fields subsistence farming living from hand to mouth off their harvest also has to see them through the winter when they're stuck indoors for weeks on end. in a living from the set from they grow here one gram of the precious spice can fetch up to one euro. that's how the insides family was able to fund the solar system. which by now is almost ready. after laying a line from the battery to the living room it's time to flick the switch. off for. god. it's an exciting moment for the whole family for the 1st time ever a modest home has bright artificial light. this is great before i couldn't see anything at night sometimes there'd be a cockroach in the hut we're so happy like. you can't imagine how good it makes you feel when these people suddenly have light all i can say is mission accomplished and mycenae so. you. get. the next morning the technicians proceed to the next home where they'll be installing another solar module. and it's not. famine las

vision is a system for storing large amounts of energy so we can increase the sheriff energy is in the grid. or right now it's about 30 to 35 percent that's the limit because the sun doesn't shine constantly what we need is a more economical and efficient storage system. and this is what his batteries will look like towers 60 to 120 meters high made of hundreds of cement blocks built around the 6 armed crane when there's excess energy in the grid it will power electric motors which move the crane arms to lift and stack the $35.00 ton blocks. now the battery is charged. when electricity is needed the blocks are let down again generators in the crane arms turn the potential energy of the stat blocks into electrical energy which is returned to the grid this leaves the tower discharged. to try to cement blocks essentially function the way the water in a pumped storage hydroelectric plant but with the advantage according to the inventors that the towers can be built on any terrain and are cheaper. we can store the energy very cheaply because we use existing technology like motors and genera

change now that we have solar energy. it's an exciting moment for the whole family for the 1st time ever a modest home has bright artificial light. this is great before i couldn't see anything at night sometimes there'd be a cockroach in the hut we're so happy like the phone. did you can't imagine how good it makes you feel when these people suddenly have light all i can say is mission accomplished and to me. the next morning the technicians proceed to the next home where they'll be installing another solar module. and then. you know with sam in last and i need shows the currency he'll be paying in front of course. he's grateful to me. thanks today nations from large companies job is able to install solar panels here at a lower cost than usual. the installation is relatively straightforward and goes quickly enough what's tricky is maintaining the system and ensuring a long battery life span but it's all worth it for this one moment. and you know what. fantastic last and i explained that simply unbelievable. as delighted a

. >> beautiful energy, an energy of life. an energy of love.t's the energy that's in every living entity. it's the energy that we can't know about before we're born and the energy that's going to happen to us when we die. but we know about the energy before us. man and woman and child and animal. not kill animals, not kill a fly. and if we love all that energy, we'll love life so much that we'll never die because you'll be so sure that you're part of god and part of that life energy, that universal >> with lsd, inner truth, making a pilgrimage to the soul. he has achieved unity with the universe. under the psychadelic influence, the user feels he is experiencing supreme joy of creation in music and visual arts. both are brought together in a unique blend of art nouveau and acid rock. ♪ >> the use of lsd, particularly on college campus and even in hippie circles is on the downswing, severe psychotic reactions, chromosome breaks and serious birth defects has had a sobering effect. those who foresake lsd seem to move in one or two directions, medi

in for a shell rake than energy comes out its energy negative we cover that extensively on our show of course we then got blamed for a russian gay and d.n.i. report says you know that because kaiser report talked about the shale industry but the markets are telling us that we were right as we see with this headline here crash an energy junk bonds s. and our g. 2027 bond dropped by almost 50 percent following oil price ads that looks like the bond market which are supposed to be the smartest investors of all that they decided that well you know what kaiser report was right all of this time you know a lot of people criticize the big point is too volatile but look at the o.l. junk bond market for the shale industry it's incredibly volatile it's going to go the way of enron remember enron was worth $80000000000.01 day and then it went to a big fat goose egg the next day worth 0 the shell american shell industry junk bond market's going to 0 because this was a farce this is the shell american shale hoax it was and it's just going to 0 that's all of us do it now going to bail it out print

i think that is a mistake from an energy security perspective. from a global security perspective, it is a mistake as well. i think that as we move forward, we must invest in advanced nuclear. i think it is critical. you noted the fuel storage issue. it certainly needs to be included in these thoughtful discussions. some of the newer technologies on the horizon, the waste issue becomes a much lower challenge, becomes much less of a challenge than it is today because of the type of technology we have moving forward. let me go back and say it again. right now, the united states has more nuclear power plants than anyone else in the planet. -- anywhere else in the planet. we only have two under construction right now. whereas you look at what china, russia, and other countries are doing, they are moving in the opposite direction. it is in the u.s. interest to progress advanced nuclear technology. i think it is in our interest to be able to export the technology to other countries. and i think it would be a fundamental mistake for us to ignore or for

some of them do realize they need to switch to solar energy. but they're discouraged by the high installation costs. but i believe we'll be able to win them over. for my sims. to back up his arguments he conducts a practical presentation outside and shows the farm is just how easy it is to operate a solar powered water pump. that many here have come from far away but they seem impressed. to the root of the i'd love to have one of those systems that. we still use a gas powered motor but it's expensive and often doesn't work when the mercury. i've seen a lot of things to do that were new to me well i'd love to be able to buy one of those problems and they cost a lot of money when i can give it only going to people stuff to hold. on to the 7 good hits the road again i want to keep visiting one of the farm is in the palm gardens of titan. and all of mohamed be marines riches lie in his vast plantation of de pounds and yeah the trees are relatively easy to maintain absolutely dependent on 2 things heat and plenty of water. and that's it comes in rig

and then energy vault. tweet from bill gates made is known around the world but that wasn't the only factor. after the official presentation there was a lot of interest on the part of many different investors. helped of course. here in southern switzerland the vision is actually taking shape start up as well financed thanks to a generous investment from japan softbank and tata power india's biggest electricity provider has ordered to tower. one hears a prototype and has yet to prove that the idea really works because the concept sounds simple it's quite complicated to put into practice. it is the intelligence software that controls the crane autonomously it has to grab the concrete blocks on reposition them without vibrations and without any human involvement. once completed this small scale prototype will have the chance to prove itself as a future technology for energy storage. making the switch to renewables is a project that will be with us for years to come. but at the moment most headlines are about t

have to get this energy storage technology improved. the state of technology canada address our future needs. >> it is clear you like this issue, get fired up about it, and have a wall guest -- walk -- wonkish interest. rep. graves: i just had two cups of coffee. hashe republican party addressed two ideas. one, carbon capture. two, essentially planting trees. those will address climate exchange to a certain extent in certain sectors. how are you going to knock it down in transportation? carbon capture does not address that. tell us how across the economy you are going to lower emissions. >> i will give you the final two minutes to answer. i think it is important to a knowledge, you don't necessarily need to eliminate admissions at the very source. you can provide complement terry technologies -- couple merry -- omplementary initiatives. you can have emissions over here and sequester over here and result in a net reduction. we do that through all sorts of strategies, like wetlands mitigation. it is important to recognize that. number two

in a sense the attention being kind of collapsing of as you said already low energy demand but as an energy demand especially within china's collapsing then you have the announcement of the pandemic and the timing then of opec really saudi arabia and to a certain extent now u.a.e. . you know just insisting on the pullback which would in turn affect the desired medium term desired from russia to capture more of the global market share within the energy space and at some point there was a budding of hads russia i sensed saw through certain coordination issues he had unofficial accusations of coronavirus having been triggered out in the west from russia as well as from iran and russia did you know they do their math they do their homework and they sense that they can write out a price war much better than the very over leveraged you know $50000000000.00. budget constraint to saudi arabia that needs $83.00 a barrel of oil in order to balance its budgets as well as fund its longer term visions of getting off of oil and expanding its economy under the vision of mohamed bin solomon so it's

today, energy is not cheap and we face the prospect that some forms of energy may soon not be available at all. last summer you probably spent hours sitting in gasoline lines. this winter, some will be without heat and everyone will be paying much more simply to keep home and family warm. if you ever had any doubt of the government's inability to provide for the needs of the people, just look at the utter fiasco we now call "the energy crisis." not one straight answer nor any realistic hope of relief has come from the present administration in almost three years of federal treatment of the problem. as gas lines grew, the administration again panicked , and now has proposed to put the country on a wartime footing. but for this war there is no victory in sight. and, as always, when the federal bureaucracy fails, all it can suggest is more of the same. this time it's another bureau to untangle the mess made by the ones we already have. but this just won't work. solving the energy crisis will not be easy, but it can be done. first we must decide that "less" is not enough. next, we must remo

the desired medium term desired from russia to capture more of the global market share within the energy space and at some point there was a budding of heads russia i sensed saw through you know a certain coordination issues you had unofficial accusations of coronavirus having been triggered out in the west from russia as well as from iran and russia did you know they do their math they do their homework and they sense that they can write out a price war much better than the very over leveraged you know $50000000000.00 . budget constraint to saudi arabia that needs $83.00 a barrel of oil in order to balance its budgets as well as fund its longer term visions of getting off of oil and expanding its economy under the vision of mohamed bin solomon so it's really people have to look at this as a sense of it these are not just necessarily coincidences in my point of view because the ruble was strengthening last year russia. has been on a de dollarization platform in order to diversify away from dollar reliance in part to fight sanctions thrown against it as well as its partners but also to st