in all honesty, about what energy is doing, what to do part of energy is doing for energy. could i give you a chance to answer again? that question? does line five, and what it brings through, have an economic impact on michigan and the country? jennifer: i have learned in my years in politics that sometimes it is best not to get in front of states, governor, or a president, especially if you are in the administration. if is something is in the courts, which is. >> what advisory giving to the president about the necessity of having resources that come in partnership with canada, and impacting as states significant -- impact the united states significant? >> my counterpart in canada, signed an mou about the importance of working together on energy issues. we were talking about critical minerals, they are huge ally and we have similar goals. >> critical minerals are important especially as we think of the electric ovation -- electrification of vehicles and etc.. right now we do not have that up and running as complete as it will be. we need the resources that come from, our n

i'm co-leading the energy firm russia act to flip the energy script on american energy production. this would remove barriers to lng exports and -- enable development on federal lands. it would also immediately approve the keystone xl pipeline, and force the secretary to have a plan to increase domestic production before allowing any more nonemergency withdrawals. we must also rebuild energy structure in america, like pipelines and energy export facilities. we need to focus on domestic mining and critical minerals. that is how we secure our energy, guarding against foreign dictators and bringing prosperity and optimism to america. americans need relief -- and we stand ready to deliver results. thank you. >> this year now ask unanimous consent that the members opening statements will be made part of the record. and without objection, so ordered. >> i now would like to introduce our witnesses for today's hearing. they unfortunately will be appearing remotely. mr. david lawler, the chairman and president of bp america, ink and mr. wirth, mr. muncrief president and chief executive offi

energy production before you today. i am rick, ceo of devin energy. we are at a moment of crisis given russia's unprovoked and unjustified invasion of ukraine. devin energy is an independent exploration company headquartered in oklahoma city, and founded in 1971 we employ more than 1600 hard-working people in oklahoma, texas, wyoming and north dakota. we completed a merger and are proudly producing more american-made oil in our 50-year history. we find and produce oil, natural gas and natural gas liquids. we do not refine or sell refine products. we do not set or have significant influence over the price of our products. multiple factors impact the price of any global commodity and over the past two years we have seen extreme volatility. as a covid pandemic all but shutdown global economies, demand for our products increased drastically, and the market for crude oil plummeted and crude oil futures went to a $37 a barrel. markets adjusted and we add tkefen adjusted. uncertainty still continues, and i don't believe we are out of the woods yet. shifting

energy imports, u.s. energy security depends on alberta. and, alberta can be a huge part of the solution to american energy inflation and the cost of living crisis. some bears, last year over 60% of u.s. coyle and gas imports came from alberta. that is 60 not 16. the u.s. energy administration reports that last year at the united states reported 2.2 barrels of crude oil, 1.4 billion of that, or 62%, came from canada. virtually all of that from alberta. let's put that in perspective, last year 13% of u.s. oil imports came from those countries and only 6% from saudi arabia. alberta supplies the u.s. with ten times more oil than saudi arabia, and five times more than all of opec. the same is sure for natural gas, last year my province shipped a 4.8 billion feet of gas per day to the u.s.. that is a 65% of your gas imports, i am glad to say that alberta is home to the world's third largest proven and probable oil reserves. about 180 billion boils worth and one of the world's largest reserves of natural gas. the province of alberta owns those re

energy. this combination will only make prices and inflation worse. this scheme comes directly from the playbook of socialist dictators. look at places like soviet russia, venezuela, north korea. these are the countries that have imposed government price controls. well, actually, the united states of america tried this in the 1970's. we tried this approach, and the result -- shortages, rationing, mile-long lines for gas. it was an economic and humanitarian crisis. and now, again, the majority wants to impose de facto government price controls. this bill gives president biden sweeping powers to declare an energy emergency. we're living right now under a public health emergency. it's frightening to me. and it would arm the f.t.c. tools to use de facto arbitrary caps on mom and pop gas stations for prices of fuel such as gasoline, diesel, and propane. it's not going to bring down the price of gas. it will only cause further shortages, like we experienced in the 1970's. and yet, even now, preside

we need a positive energy policy instead of a punitive energy policy. many of these companies before us have invested billions in research and development that have directly benefited americans consumers. several have made large investments in pennsylvania that have not only spurred domestic production, but provide thousands of families sustaining jobs in the communities that i represent. this is the answer on how we bring gas prices down. the solution to our energy crisis cannot be found in saudi arabia, but rather in somerset county, pennsylvania, in bedford county, pennsylvania, in cambridge county, pennsylvania. enabling production here at home is the only way to give americans the economic future that they deserve. my first question, a great example in my home state of the type of long term development that we need is the shell pennsylvania petrochemicals complex. it has brought thousands of construction jobs and hundreds of permanent jobs to the region. i've been to this plant, i stood with the pipe fitters, the electricians, and the plumbers, wor

ukraine is designed to export, energy, not receive energy imports. so, these sources of infrastructure investments are immensely important, and of, course of people argue it's going to take a long time. when it takes a much longer time if you never start. and so i think in every crisis we should look for an opportunity. one of the opportunities here is renewed investment in energy infrastructure globally. >> you're right, general, common sense. let's just talking about the pipeline former national security perspective as well. from what i've been hearing my colleagues across the aisle and the president of the united states don't seem to understand or willfully ignore that their actions not only reflect current prices but heavily influences decision-making focused in the future like investment, of course, oil futures, and all price contracting. all of which feedback to the effect the current and future prices as well. so, mr. wirth, i know that chevron, especially after your acquisition of noble energy, have significantly, you have a significant presi

it's a large share of the world energy related greenhouse gas emissions, to reducing their energy demand is an important part of tackling climate change. we took a look at a housing project in indonesia and one in the netherlands taking 2 different approaches to achieve this goal. this isn't just any old building. this is one of the most sustainable buildings in the world, the edge olympic in the dutch capital amsterdam. thanks to it's smart technologies, the workspace is energy consumption has been drastically reduced. this window by dutch start up even produces energy. they're very smart windows solution, which is making use of reflecting light through the window through foil to then actually put solar panels in the frame on the sides. this window on a sunny day has enough energy for me to be able to charge my phone on this a little connection advice right here. sondra gritty works in the building for the real estate developer edge. she explains that every user here can contribute to saving energy. i adjusting their workspace to their new one of the features that we have in an applicat

the amount of energy used per year is equal to the amount of renewable energy produced on site or off site for the buildings energy to move. at po, a preschool, the plan to cut energy consumption is working. polar needs 50 percent less energy per square meter than an average indonesian school. did it so patrol yet i think the project demonstrates that a green building it doesn't have to be an expensive building to add a shuttle bus. one onion means eddie. my, as you can see here, to see me, the design can be a very simple at the end of the solid. solid set that hannah, whether it's too clever design or smart technology, these buildings are doing their beach to tackle climate change. ah. mm. oh, be loud, be visible and help others with your story. every 3rd woman is a victim of gendered violence. they have experienced it 1st hand in demand that you look and act, stop violence against women ah, next on dw fat, fatter, fat money. the food industry in staggering sons of money from junk food and obesity, is becoming a global health problem. enough. a activists in the us and latin america.

but despite all the efforts of the purposeful russians to destroy our energy infrastructure, the energyof ukraine demonstrated extraordinary stability and extraordinary stability, because 4 hours before the start of the military aggression of the russian federation, we were disconnected from the axis networks in belarus and we had to spend three days in the so-called isolated mode, that is, to balance ourselves it was planned for three days, but we set 21 days, and this test that we had to pass for the future connection to the european energy system, it stretched out and passed it is in extraordinary normal conditions and on march 16, we joined the european energy system a year earlier than planned due to the fact that we demonstrated to the europeans how stable our energy system is. now we have already restored more than 90% of the destroyed infrastructure in the de- occupied regions, this is kyiv, chernihiv, sumy kharkiv mykolaiv oblast e there, in fact, our highway infrastructure has been restored and we have restored reliable energy supply for more than six million of our citizens.

clean energy. china controls 80% of the worlds processing, 62% of the worlds cathode production, 80% of the worlds anode production, and 75% the worlds lithium-ion cell battery production. they cornered the market and we allowed it to happen. it makes no sense for us to be so heavily invested than electric vehicles as a climate solution if that means increasing reliance on china because right now we are not simultaneously increasing our mining, processing, and recycling capacity at the same rate in the united states. but canadians are ahead of us on critical metal refining and processing and we have much to learn from them about how they are able to responsibly permit these activities that blow our timetables out of the water. i believe there is much we can collaborate with canada on to create a powerful north american energy supply chain instead of increasing china's geopolitical leverage. i am sure canadian friends are happy to export minerals to us. let me be clear. the united states also needs

one is that rich people use more energy or more well-off people use more energy. second there's a big swath of countries up here including the us which is over here europe over here. whose energy use per capita is relatively constant. the problem is there's only about a billion and a half people over here. there's another about six billion people down here whose energy use is going to increase. monotonically as they improve their art and so you could put those two things together population and development. and also realize that fossil fuels have remained predominant in supplying it to the world's energy currently about 80% from coal oil and gas wind and solar while they're growing rapidly or down here. fossil fuels are the most reliable and convenient way of getting energy you put that together and you can direct check that the world's energy consumption is going to grow by 50% from where it is today over the next 30 years. most of that growth is in asia. and that if we don't change our policies. the great majority of that energy will continue to be supplied by o

energy or to make it harder to invest in.o has there been a course correction? is the secretary of energy, as she testified today, and the president, we're doing all we can to increase production? well, the answer is no. the answer is no. let me give you three examples just in the past few weeks that demonstrate this 100% that their goal continues to be to shut down energy production and still make it hard as heck to produce and build energy infrastructure. two are very close to home for me, unfortunately. last week the federal government, the biden administration, at the last minute canceled a lease sale for oil and gas leases in a place we call cook inlet in alaska. i was actually on the kenai peninsula where cook inlet is last weekend. the people were furious. they were furious. this is a lease sale. we have state leases, federal leases and cook inlet. this is the original major hydro carbon basin in alaska still producing oil and gas. we had a federal lease sale canceled. none of this is controversial. we have them all th

e energy resources. it is saved. yes, it's like the law of conservation of energy.nd if in one you decrease in a place, it means it arrives in another, and in the case, as they say, there is a reduction in the volume of consumption of our energy resources, uh, the european union, what politicians are saying there today and considered this next, uh, package of sanctions, however, they do not have a consensus there , because many countries do not agree with such proposals and do not see this as effective and expedient, but in the form of only one negative consequences of making such a decision. in particular, this will simply increase the price. same the oil they bought. they will have to buy from us elsewhere and pay more for it, because the prices will definitely increase once, the second time the cost of delivery e-freight will increase. uh, it will be necessary to invest new investments in the creation of infrastructure, including in the registration terminals in the turbo pipelines. this is, if we talk about gas supplies from other markets and so on, but neverthe

short of energy. this is important. context so it's 80% of energy. it's uniquely cost effective in a world that desperately needs more energy and energy is crucial to be to people being able to use machines to make themselves productive and prosperous here. we have solar and wind which are subsidized mandated and lied about but they are 3% of the world's energy that are totally dependent on the reliable sources of energy mostly fossil fuels and we have this claim that we can rapidly ban the world's leading and desperately needed source of energy to you know, and replace them with solar went. so this is this is why i call it mass murder this would literally end billions of lives prematurely so the details of what co2 does or doesn't do are trivial anything within the realm of possibility is masterful and nothing compared to the benefits. we will lose if we follow a professor destler's policy. okay. i'm going to ask you each of you if we accept the assumptions about the impact of human on climate change

round of applause for liberty energy. [applause] i would also like to recognize and thank the major foundation sponsor the charitable foundation executive director and her husband who traveled all the way from southern california to be with us today so thank you to the charitable foundation. [applause] we have many other sponsors andn i encourage you to please take a moment when you can to read their names in the program and all the signs out in the hallway for their generous friending of the programs. finally i would like think the board of directors and energy and climate summit committee who is helped in planning today's program was invaluable. you can find all of their names inam the program and i would lie to ask all of the board members and the energy and climate subcommittee to please stand so we can thank you. [applause] now it isst an honor to introdue the first speaker to kick off thest program this evening. stephen is a national respected leader in science policy. he servedet as the under secrety for science an

to ensure the reliability of energy supply to our consumers, of course, stable operation of the energy systems of central asia is important, as well as emergency shutdown of elements of the energy system in kazakhstan. that there are electrical system generating facilities so that the voltage has been decreasing for several years in a row past the population of the winter period. this decrease consisted of 4% for generation facilities, and eight for electric networks, along with the expansion grid complex, 6.235 sq. the situation with an emergency with an accident rate is not easy reliability of energy supply affects the number of consumers, of course. e, the negative dynamics of the aging of fixed assets, the unsatisfactory state of arthritic networks is associated with a lack of tariff sources for to cover the costs of their maintenance, the directions of the soviet company must be paid by god for these technological connections and accumulated depreciation, and we continue to work in this direction. next to ensure a reliable quality of supply to end consumers, we continue systematic

the amount of energy used per year is equal to the amount of renewable energy produced on site or off site for the buildings energy to move at yahoo, a preschool. the plan to cut energy consumption is working. polar need 50 percent less energy per square meter than an average indonesian school. did. he said patrol yet? i think the project demonstrates that a green building. it doesn't have to be an expensive building to. i decide to buy one onion monday. my, as you can see here, to see me, the design can be a very simple in the end, the solid solid set that hannah, whether it's too clever design or smart technology, these buildings are doing their bit to tackle climate change. ah, ah, vision of fully autonomous driving is closer to be realized thanks to a new technology by mercedes benz. the drive pilot is now an option for the new s class in the completely electric e q, and it's designed to take the pressure off of the driver as especially in traffic jams. oh, he took it for his been rev. next auntie w. a climate event. what could the future bring in 45 minutes on w o. d in for life

energy savings. energy savings is the end in this energy crisis.f europe manages to save energy, to save oil and gas, we don't need to import that. what governments need to do is buffer. alix: does that come in the form of industries and factories having to shut down on a rolling basis and for people not to turn on air conditioning in the summer? is that what we are looking at? simone: here we have different options. one is to reduce energy consumption's voluntarily. we need an awareness campaign to sell -- to tell citizens that if they implement simple actions such as turning up by one degree the air conditioner at home or turning down by one degree the heating system at home in the winter, that can cut gas and oil demand by 5% in europe. if the driving speed on the highway, etc., that is a reduction in oil demand. so fostering public transportation is important. all of these measures need to be taken, but so far european governments have not been acting on this front. the reason is this is politically not attractive to go there and say to people,

energy imports. u.s. energy security depends on alberta.nd alberta can be a huge part of the solution to the problem of american energy inflation and cost-of-living crisis. senators, last year over 60% of u.s. oil and gas imports came from alberta that is 60916 it is ext% per u.s. energy information reports last year the united states imported two-point to billion barrels of crudeth oil. 1.4 billion of which or 62% came from canada virtually all of that from alberta. let's put that in perspective. last year, 13% of u.s. oil imports came from all opec countries combined and only 6% from saudi arabia. so alberta supplies the u.s. with a ten times more oil than saudi arabia and five times more than all of opec. the same is true for natural gas. last year my providence shipped 4.8 billion cubic feet of gas per day to the united states. that is 63% of your gas imports. i am proud to say alberta is home to the world's third largest oil reserves about 180 billion barrels rhythm of the largest reserves of natural gas. owns those resources and has t

one that's anti-energy policy. of course we have seen the national average for a gallon of gas up to $4.48. in california it's getting closer to $6 on average. what bothers me is that over time do people get lulled into this as being normal? no. folks. this is not normal. and it's not necessary. it doesn't need to be this way. because as i mentioned we have so much untapped energy in this country from the miracle of hydraulic fracturing has made natural gas so abund ant that -- abundant we have been a strong exporter of it. not that many years ago we were figuring out if we could find a way to have our gas imported and upgrade our ports to bring it in. no, hydraulic fracturing has made possible cheap natural gas to export to our allies such as western europe. we need to be doing much, much more of that so we don't have our friends, the germans and poland and others reliant upon energy coming from russia. so, with the regulatory and tax policies that have discouraged gas production, california only produces, for exa

energy imports, u.s. energy security depends on alberta. and, alberta can be a huge part of the solution to american energy inflation and the cost of living crisis. some bears, last year over 60% of u.s. coyle and gas imports came from alberta. that is 60 not 16. the u.s. energy administration reports that last year at the united states reported 2.2 barrels of crude oil, 1.4 billion of that, or 62%, came from canada. virtually all of that from alberta. let's put that in perspective, last year 13% of u.s. oil imports came from those countries and only 6% from saudi arabia. alberta supplies the u.s. with ten times more oil than saudi arabia, and five times more than all of opec. the same is sure for natural gas, last year my province shipped a 4.8 billion feet of gas per day to the u.s.. that is a 65% of your gas imports, i am glad to say that alberta is home to the world's third largest proven and probable oil reserves. about 180 billion boils worth and one of the world's largest reserves of natural gas. the province of alberta owns those re

the amount of energy used per year is equal to the amount of renewable energy produced on site or off site for the buildings energy demand. at po preschool, the plan to cut energy consumption is working. polar needs 50 percent less energy per square meter than an average indonesian school. did. he said patrol yet? i think the project demonstrates that a green building. it doesn't have to be an expensive building. the other shuttle bus 130. my, as you can see here, to see me, the design can be a very simple at the end of the solid, solid set that hannah, whether it's too clever design or smart technology, these buildings are doing their beat to tackle climate change. ah ah ah proper preparation. oh, i would say um, perfect roman legionnaire. we embark on an expedition into the past roman cities, 4th and the famous lines border wall gush digging tracy's women footsteps through germany. chicken d w. one of mankind's oldest ambitions could be within reach. ah, what is it really is possible to reverse aging researchers and scientists all over the world are in a race against time more like,

security and energy security depends on having homemade energy home, you know domestic energy and a robust dynamic energy industry. we have that but it's being undermined by this fad. can i add one thing? i just want to say thank you to the institute and thank you to jennifer and your team. i mean, i you and everyone here that are these events matter and your time and your treasure matter and we do this a lot of continental and sometimes it looks like your feels like you're fighting alone and when you can come into rooms like this and and really have these conversations, it's super incredible and helpful. so, thank you so much for having us and and i will say this is the worst beer i've ever had but i'll look forward to of course later. so good evening buena noches, and thank you so much for joining us tonight. what a beautiful night huh on behalf of all of us at the locally based independently owned bookstore books and books in miami, florida. it's my pleasure to welcome you to an evening with donald cohen and mayor daniela levine cava to discuss this wonderful book. it's called th

i mean, energy markets are global, and those companies who have a larger share of energy costs and which are more bio, they will look for options to leave the european union. so the costs can also be enormous. on this side it will cost, it will probably cost lots of a labor posts. so you see a potential out flow of businesses and work is from the you. do you think that the prospects of the re power plant by the you are realistic? do you think what impact do you think you will have on the use green plot to shift more green energy? this all depends, of course, on the framework conditions. nobody can foresee now how the conflict between the, you and russia will evolve. there is a certain dynamic that nobody can really foresee, and if the escalation hips the whole energy provision issue, there may be also a full stop of energy prohibition on behalf of russia. then the question is, what will be those plans worth of restructuring the infrastructure for energy provision because they are long term plans. but if we have a full stop of energy provision, then the g terminals, which may be finished

energy. this combination will only make prices and inflation worse. this scheme comes directly from the playbook of socialist dictators. look at places like soviet russia, venezuela, north korea. these are the countries that have imposed government price controls. well, actually, the united states of america tried this in the 1970's. we tried this approach, and the result -- shortages, rationing, mile-long lines for gas. it was an economic and humanitarian crisis. and now, again, the majority wants to impose de facto government price controls. this bill gives president biden sweeping powers to declare an energy emergency. we're living right now under a public health emergency. it's frightening to me. and it would arm the f.t.c. tools to use de facto arbitrary caps on mom and pop gas stations for prices of fuel such as gasoline, diesel, and propane. it's not going to bring down the price of gas. it will only cause further shortages, like we experienced in the 1970's. and yet, even now, preside

american energy is clean energy. this chart we have is a chart of the world bank data of howling flaring takes place in each country for how much oil is produced. that's been a big issue for president biden. as you can see the united states is one of the most we -- responsible in the world. president biden wants to get out of venezuela. let's take a look. the intensity of the flaring that you, the administration, and democrats on this panel hate and say it's bad. 18 times as much done in venezuela as it's done in the united states. the flaring rate in iran is seven times higher than it is in the united states. why is president biden begging, truly begging our enemies for more dirty oil while you limit production of cleaner american oil on public hands at home in america. >> senators, certainly the decisions such have dealing with foreign countries is left to president biden and perhaps the secretary of state. >> i recommend then, if he continues to talk about this that you clarify for the president, clarify his under

the amount of energy used per year is equal to the amount of renewable energy produced on site or off site for the buildings energy demand. at po preschool, the plan to cut energy consumption is working. polar needs 50 percent less energy per square meter than an average indonesian school. did. he said patrol yet? i think the project demonstrates that a green building. it doesn't have to be an expensive building to add a shuttle bottle. an onion mazetti my, as you can see here, to see me, the design can be very simple in the end because i sat there hannah, whether it's too clever design or smart technology. these buildings are doing their beat to tackle climate change. ah, ah, yearly, in 20 years actually in around 10000 child soldiers were forced to fight. where are they now? and how do they live with their traumatic memories? nobody told me about not in school, not in college. we pretend like it didn't happen. number, 77 percent. my next on dw, the vision of fully autonomous driving is closer to be realised thanks to a new technology by mercedes benz. the dr pilot is now an option f

solar power is the earth's most abundant energy source.beyond simply plonking panels on rooftops. we keep seeing scientists develop new ways to make the technology more flexible, more powerful and more useful. this factory in stockholm is making ultra—thin solar cells that don't even need sunlight to harvest energy. the idea is that they can be used outside or inside your home to power products. i'll be showing you later on what that means for various devices. but first, here's dan simmons, who's been looking at how solar could help the energy price crisis. although most of us like the idea of clean energy, so far, we've not been persuaded. maybe it's because we don't own our own roof. or it's the upfront costs. maybe we're thinking of moving and feel we can't take solar panels with us. orjust those glaring large slabs isn't quite the look we're after. so, i've been to the homes of two british start—ups who want you to look again. this is the solivas arc. its curves are wrapped in an organic solar film which doesn't contain any toxic subst

more energy in total than it can use, especially with a significant amount of solar energy now being produced, and oftentimes, it's exporting that power to regional areas outside of the state. energy storage facilities like this one will help the state utilize its abundant solar resource. the way this will be managed is really around market pricing because it's connected to the california state grid and the wholesale market, and the idea is to maximize the value to our rate payers that we would charge this plan, charge it when the cost of power is low and release it when the charge of power is high. it happens to be during the time of day when the cost of power is very low is when the solar power is most abundant, and in fact, what we're seeing is prices are consistently negative, so the supplier has to pay the user to take the power. we need to store the power during the middle of the day when prices are at their lowest and discharge it in the even when statewide demand is at its highest and reliance on natural gas applies, so that's how this plant is going to operate. i can't guara

is it predominantly| energy that is driving this rate? it is largely energy.rices. but, as your correspondence head in a previous interview, other things are going up. food prices, petrol prices, hospitality prices are going up prices, hospitality prices are going up with the exploration of vat cut that was introduced during the pandemic. so these are broad based price increases, but a large part of it is energy, and energy affects the prices of everything else because it affects the cost of distribution, transport and manufacture, and that pushes up prices for other goods. where will consumers feel this most, do you think?— do you think? well, the 9% figure is an average- — do you think? well, the 996 figure is an average- of _ do you think? well, the 996 figure is an average. of course, _ do you think? well, the 996 figure is an average. of course, how- do you think? well, the 996 figure is an average. of course, how that - do you think? well, the 996 figure isj an average. of course, how that will an average. of course, how that will affect different househ

energy. how do you get energy out of the earth? it all comes by cracking rock., energy crisis, crack rock-- help. ♪ ♪ >> narrator: it would take decades before fracking technology was perfected. thprocess was complicated and expensive, and the urgency eventually abated. that changed when hurricane katrina hit in 2005. ♪ ♪ >> the latest information from the national hurricane center puts katrina on a path headed for new orleans. >> winds there up to 145 miles per hour with gusts up to 170. >> narrator: the storm was pt of an emerging trend of extreme weather events. it devastated the gulf coast and damaged oil and gas production. natural gas prices surged, making it more attractive to use new drilling and fracking technologies to get oil and gas from shale formations. >> you have this amazing irony of this huge hurricane, this climate event, causing natural gas prices to go up. >> do you have a figure or an estimate of how high we might see natural gas prices go? >> we've seen prices double over the last couple of years, and then with hurricane katrina, prices ha

energy, they also have their own challenges. but it's not a talk with one of the biggest challenges is taking people with us along this transformation to move on to offer new ideas. for example, in public transportation for us to really offer alternatives and not just talk about them. there's been more than just talk lately. decisions are being made faster than ever before. in may brussels announce it would invest up to 300000000000 euros to help the e, you become independent of russian fossil fuels. and in germany, the readiness of policy makers to help businesses response swiftly to ongoing challenges has also increased in crisis situations. we usually see that our mutual interest and readiness to talk on think about solutions is bigger than in maybe more regular normal times. so right now, jason berry brought an open readiness on both sides to talk to day policy makers are increasingly redrawing the framework for companies to do business. it's happening at a rapid pace. still, companies have their work cut out. well, i think