new energy diplomacy is needed based on this energy strength. not only has he was diplomacy not caught up with this leadership -- has this diplomacy not caught up with this leadership, -- many people are still more than the old time period that once again started 10 years ago in terms of shifting and they're still thinking about that and diplomacy needs to change as a result. so how did this happen? how did the u.s. go from the weakest power in the world when it came to energy posture to the strongest? that is a stunning shift. how did that happen? in my view there were three drivers. the first one was significant energy technology advances. if you look at what's being deployed today pretty much across the board in all the different energy types, 20 years ago it did not exist. it was not commercial. what are some of the inventions that took place? 3d seismic imaging, high-performance imaging and analysis -- solar pdb -- pv did not exist. when i was under secretary we won the nobel prize and i went to the swedish event on the celebration of innov

new energy diplomacy is needed based on this energy strength. not only has u.s. diplomacy not caught up with this leadership, the united states and many people in the policy area haven't grasped that power. many people are still moored in the old time period that, once again, it started ten years ago in terms of shifting, and are still thinking about that. diplomacy needs to change as a result of that. so how did this happen? how did we -- how did the u.s. go from the weakest power in the world when it came to energy posture to the strongest? that's a stunning shift. how did that happen? in my view, there were three drivers associated with that. the trigger, the first one, was significant energy technology advances. if you look at what's being deployed today, pretty much across the board in all the different energy types, in the last generation -- a generation ago, 20 years ago, it did not exist. it was not commercial. so what are some of the inventions that took place? 3d seismic energy, analysis of data, hydraulic drilling, the lithium-ion battery was a science

when we talk about clean energy and debris and energy is beginning to acquire pride replace. and of course, sorta, we know that the motor, oh, cool. prides itself. do have one of the largest solar funds anyway, the world and is moving in the direction of ensuring that solar power is a prime move uh, as africa moves in the direction of industrialization in on not show the full, we are dealing with energy on africa, on the time when there are many questions that are being asked on, or to be honest about us because the bus to, to industrialize an energy cannot be talked of and about in a vacuum. it must be dropped off in the context of giving us the opportunity to give practical meeting. but the things that i forgot is impressed that didn't do it. and also, as it is now, is driven by several agendas of cost. the overall agenda is us with that print to 6 to 3 who's design is to ensure that effort that becomes a prime. yeah. in the quote, no, how is a give context in terms of energy generation? the question that we want to talk about is this. us, how are we buying to ensure that t

again, if we are talking about energy, energy's economy, energy is national security, talking to a colleague before about the intersection of business and politics in iraq has been very complicated. i would add to that that it is geopolitics also very complicated in iraq in the energy sector. turning to matt, i hope you give us the bigger picture of where iraq's energy is seeing fits in the geopolitics. i would just like to ask you what you see as the greatest challenges for the energy future including the iranian influence, iraq's evolving relationship with the united states and of course baghdad's continuing challenging with the bill. >> yes, thank you so much for having me. i think all of the speakers here today many of whom i already know discussed many of the opportunities that iraq affords. there is no questioning that that is the case. i say what i'm going to say in terms of the challenges comes with the caveat that i represent a company that is the largest private investor in iraq. despite the challenges that i will describe, we have expanded our presence in iraq over the last year w

a key energy mineral. can you tell us a little bit more about the minds that are involved in there, ramp up that we may potentially see that we are trying to see in the demand that you and your producers have seen in the last two years? >> it has always been exciting to participate in the industry. in terms of its economic importance, it economic position , energy security position and of course being indigenous. someone asked me the other day why did i choose that industry to have kind of a meaningful employment. i said, you know, where i came from, you know, i was impacted by two forms of energy. i live downstream from a hydro dam. clean renewable energy. to my rights as a run-up to the river operation. i have an employer, a mining employer employing 50-60 people for my small 1600 the polish community. providing economic. they just kind of have that objective balance due and indigenous. i chose that because it was an incredible employer of indigenous people. i work for a chemical corporation industry-lea

energy sector in the world. i think especially the lunchtime panel hammer that home in ways that i think some of us were blown out of our seats thinking about how strong the relationship has been in terms of output and production. i want to talk about how can we grow that output and production by thinking about aligning our policy but also the intent behind our policy to grow that. i will put the question to the panel. in order to realize this, tom put it earlier, the building of the arsenal of energy for democracy. what kind of things do we need to do that canada and the united states need to do, to align our energy and climate policy across the border? steve, i will start with you. >> thank you, and thanks everybody for the invitation. having been in the other washington as we call it, in seattle, i wanted to do an introduction about our organization and what we represent. i've worked with state legislators from western provinces of canada, the yukon, and in the united states, montana, oregon, alaska. 10 juris

by moving over to a 100 percent clean energy decentralized, we can make energy big, which is, and we can bring those work under the line of poverty over that line. a green society would be an economy that has smart grid that has storage available to all the renewable energy generation. sources would also be society in which there is efficient and clean transport. passenger vehicles would offer transport as a service, not being a possession of any individual and heavy time would be using clean seals and finally, city would be clean wyatt because the would have put the internal combustion engine into them and cities would be organized into smaller communities around food and enters at the beginning of the most decisive decade in the history of human kind. this was all of us to understand that this has been challenging and will continue to be challenging. but we can do that. we can address climate change in a timely fashion. we can avert the worst just after supply of change. and in so doing, we can bring a much better quality of life for oil citizens of this planet. and certainly to th

and has led to job in america is energy and jobs report found clean energy .5 million americans jobs clean energy really the overall economy abilities continue to expand. we'll industrial manufacturing policies like the credit provide long-term for companies to make significant investments in manufacturing. ineffective two years ago, 42 factories built expanded representing 35 billion 119 factories. this just two years. that's huge and will support 100,000 manufacturing jobs nationwide. this is an economic boom similar to what some of you may remember in the 80s when auto manufacturing set up in the united states. one difference here happening at the start paste. it is for faster deployment. clean energy in all areas of our country existed rural, urban, red, blue and purple and it should because it's eating our collective language regardless of geography and party affiliation. it is reliable and clean. we know there is a huge opportunity for electric demand stemming from electrification, ev growth and spatially he he or put another way, their mood from 3.76 over 11%. what needs to be

he talks through the hydrogen for use for energy. and the option at the moment is just straight at top spear, so your re diverting. yeah. that when the d dental hygiene office, right? yeah. storing and storing hard when it's transported by trailer and used all over or some in domestic heating but mostly in commercial vehicles. and ferries, in the trailers the hydrogen is stored under pressure at a $184.00 times it's original density. that's a lot of energy. i'm meeting with james ferguson, a specialist in hydrogen storage. the highly inflammable gas is locked away in compounds and the key sites. yeah. oh wow. oh gosh. so one of the big advantages of hydrogen is that is a, is a kind of option for seasonal energy storage. and that's when we want to store a lot of energy over months. so we know the in the u. k during the winter is very blue. it's very windy. if we go to a wind turbine based energy system, we're going to have a lot more generated in the winter then we need. and so we can capture that and store it in the form of hydrogen,

we're at a world of energy addition. we've got one energy source that's ever been phased out, and that's whale oil. everything else is on top of everything else. so, yeah. >> rachel? >> i think your point on unintended consequences and on this sort of question mark of, like, needing to revisit the strategy and goal, and that's relevant, i think, also to this question mark about sanctions enforcement. one of the question marks, i think, here, though, is, you know, on the additive piece, i think is an important one. and in general -- i mean, looking at the landscape right now, things kind of move slow. when there's a real national security imperative, i think the events of the last several years show us that some countries at least can move fast. lisa highlighted germany. i think, also, we have seen investors move fast in the u.s. when there were sort of incentives to pull in capital and there's going to be questions of which part of those incentives and the pulling will survive, what are the areas of focus. but from a bus

the benefits of green energy are becoming clear that i really feel like renewable energy should be for all. but fossil fuels is only for a select few, and it's only for the select few that really want to fuel those pockets with their self interest and why they're doing it for. and it's really important that we start to look at policies and things for the future that benefit all and not just a promising step forward. but it remains to be seen if the support for disadvantaged communities and clean energy production will continue after january. the the young woman not easily a wait, but it's no visit by neighbors or relatives shalom canyons. the indian m would you have an order with a customer to, to so the technicians installed a sort of more to here a little while ago. now the light bulbs of flickering probably due to the intimate flow of electricity. we have to find out where the problem lies. the job gives them new prospects of good some money from the, from the system, like to is. so then they what says enabled us, that we have really, really limited the, this process of for you to t

production, energy export, it also just in general in the mix of energy we have. we have a really clean great overall compared to many countries. a good mix of energy. but i think one thing we could -- and foster technological innovation. i think that and i think a previous broker -- speakers spoke to how powerful it was for the last decade of the u.s., how it changed the game on energy globally. the other point is we have a few obstacles in our way to achieve this. the first is regulatory. i think in canada when you talk about energy policy the first thing you hear, especially ceos that i represent is, it takes too long. the regulatory regime is not agile enough, is not conceived in the way we need to move fast. so, we need a new seriousness on policy to bring public policy at the speed where it needs to be in order to advance economic growth, innovation, and productivity. the second is for innovation to happen i really think that from a canadian part we need to ramp up the science, technology architecture the same way the u.s. has done, for example, with the dar

if the energy is hard. i would specifically work on fusion energy but i worked in solar energy graduate school and geothermal energy for years after that and i am again today. i don't care where energy comes from its assessed to be affordable reliable and help lift you have a poverty. that's what should matter. it isn't going well but what about climate climate change? maybe that's just the price we got to pay. you look at the date of the biggest gerrit today is extreme weather. 23% of kids report having nightmares about climate change. 20%. does anybody know last year was the lowest recorded hurricane around the globe ever? 42 years of data and in the climate change report there's no meaningful trend in hurricanes tornadoes floods droughts. tornadoes we don't know why you're going down. a slightly warmer world is a slightly wetter world but you never hear this stuff. politicians the media in our schools and in the corporate movement this is a crisis. the icc see opened in economic analysis. a yale professo

energy production and i can tell is an energy producing states our nation produces energy cleaner, smarterter than anyone else in the world. [applause] if you shut down the u.s. energy they are trying to shut it down, you know what happens? june who produces more iran venezuela, where an proxy or with iran and russia. june with their their increased revenue oil production in north dakota's down preproduction in iran is way up. when they have that money from selling all of that, president trump head iran almost bankrupt he had sanctions it actually worked joe biden has lifted all of us are trying to back to the obama nuclear julie trying to negotiate with iran. iran hezbollah, hamas, houthi debating how much money were going to get to our team.ur we are paying for the other side joe biden's energy policy since russia's more their pay program for the funding both sides were overproducing u.s. energy the environment would be cleaner our adversaries would not have the money to fight wars against us. to stick with the theme it's complete craziness. they want everything to be electrified for the

fuels like the international energy agency . so you were getting pretty good at bringing renewable energy sources online fast . but if we could move that and make tricity to where it needs to be, all that new clean energy becomes less useful. there are some groups trying to figure out how we could connect the grids of every country on us. the idea would be to increase regional connections, enough to eventually create a super create a global network of interconnect is that would let us send electricity to wherever it needs to go. and there's very few better places that australia, when it comes to sol, solved cables and straddling in company that was phones with the purpose of taking as fairly, as a bonded wind and solar resource i scale. so out of pocket to pick region that's georgia escape, i remember david griffin, the guy from the beginning until last year, she says on the executive leadership team of his company center. and the scale of his company's plan was almost beyond belief. the idea was to build a 20 gigawatt solar far

once again, the hierarchy, energy security, energy prices, nuclear fits that. it -- nuclear is a bit better than some. and so, they look at nuclear ask, we need baseload. if we can do it at the right price, and we are less exposed to global markets and global national security risk. it is very high on their agenda for when myself and my colleagues were at doe, we would go to poland and romania and talk about how we can facilitate nuclear. canada is a great nuclear country too. i think there is plenty of opportunity because europe has asked for nuclear to be on the agenda. thank you, everyone. [ applause ] >>> that was quite a speech. knowing paul, i wow.ho that was quite a speech. knowing paul, i thought we could leverage him after lunch and people would not fall asleep after they had their lunch. i don't think he disappointed in that regard. thank you all. welcome back. the next panel is pragmatic strategies for decarbonization. you will notice i have several nuclear, or as our old boss used to say, up here. let me introduce the panel. we will get right into i

mentioned, energy is the economy. energy is national security. and i was talking to a colleague before. talking about the intersection of business and politics in lack, of being very complicated. i would add to that, that its geo politics is important in iraq and the energy sector. so turning to matt, you know, help you give us the bigger picture of where iraq's energy scene fits in the geo politics. so with that, i would like to ask you, what you see is the greatest challenge for act's energy future. this includes iranian influence. iraq's involvement in the united states. and of course, baghdad's continuing challenge. >> yes. thanks so much for having me. i think all the speakers here today, whom i already know, discussed many of the opportunities that iraq affords. and there's no question that's the case. and i say what i'm going to say, in terms of the challenge that iraq faces, comes with the caveat that i represent a company that is the largest private u.s. investor in iraq. and despite the challenges that i'll describe, we've expanded our

energy productions.rgy cleaner starter saved her than everyone else in the world. and if you shut down the u.s. energy the way they are trying to shut it down what happens? you know who produces more? iran, russia, venezuela, those three right there all in one conflict proxy wars with iran and russia and you know what they do with their increase revenue under joe biden oil production is down. when they had the money from selling on it president trump had iran almost bankrupt yet sanctions actually work. joe biden has lifted all of those. iran funds hezbollah, hamas, hoodies and all of us we get to listen about congress debating how much money it will give to our team. we don't need to fund both sides of the war if we are producing u.s. energy the environment would be cleaner and our adversaries would not have the money to fight wars against us. and to stick with the theme, the other thing it's complete craziness. and a whole bunch of agencies running around saying to electrify every car installed at home

we're energy rich. we share a respect for nature and the environment, and the innovative spirit to responsibly and sustainably develop all of these resources. together, our two countries do have an abundance of these resources, and by working together, we can enhance our economic prosperity and our national security. i would like to now introduce heather purot, director of energy, natural resources, the environment, anything else? at the mcdonald institute. heather, please. [ applause ] >> good morning. for hosting us what i know it's been a very busy week for you and for your >> well, thanks so much for those very wise words, brigham, and for hosting us in what i know has been a very busy week for you and your country. but as brigham said, we set this in motion -- he chose the date, i had to remind him of that a few times this week. but great to be here in d.c. we've been planning this and brigham is always showing me how warm it is and all the t-shirts and shirts he's wearing, and i'm showing him the

i work in solar energy in graduate school, , i worked in geothermal energy for years after that. i am again today. i don't care what energy comes from. it has to be affordable, reliable and help lift humans out of poverty and better their lives. that's what should matter. so what's hard, it isn't going well but what about climate change? maybe that's the price we got to pay. if you look at the data the biggest narrative is this extreme weather. 20% of kids report having nightmares about climate change. 20%. does anybody know, last she was at the lowest recorded hurricanes around the globe ever since we that satellite data, 42 years of data. in the intergovernmental panel on climate change reports there's no meaningful trend in hurricanes, tornadoes, floods, droughts. although trend torn as we don't know why are going down and drought is gradually going down. slightly warmer world is a slightly wetter world. you never hear this stuff. politicians, the media, in our schools, even in the corporate esg movement this is a crisis for the ipcc does economic analysis william nordhouse a

you will see energy markets, more energy prices. so how far we have come going to the energy abundance mindset, the u.s. now has a hand where we can enforce these sanctions on iran. but it has also been russian lng. think back probably 10, 15 years ago, we would not be in that position where we would want to be hitting at russian lng. because of the impact of global and domestic prices. >> our prices have been more stable because of that energy abundance. it is a real tremendous advantage for us globally. >> which i think iran sanctions in 2010 or the push for it, that element of at the point thinking losing one maryland -- one million barrels a day would be so detrimental to the global economy. the element of the shale resolution -- revolution, it has been a game changer. i think when we think about enforcement, one thought is the policy choices that have been made have meant if anything, the trade with some of these countries has gone underground. but in the sense of intermediaries, involvement in shipping and financial networks,

— will be for the likes of you, gas energy? yes. to keep the liuhts gas energy? yes.energy? yes. to keep the lights on it — gas energy? yes. to keep the lights on it to _ gas energy? yes. to keep the lights on it to be _ gas energy? yes. to keep the lights on it to be responsible l lights on it to be responsible we will drive so hard to use every drop of renewable energy we have got and as we build out more when the wind doesn't blow, as of this week, we will use gas—fired power stations on standby ready to make sure everything is in good orderfor our country. what is important is we are starting to bring hydrogen into our system. we have done all the work ready for that. so that 5% when it is used, as we can bring hydrogen and blend it within the gas you will also have a lot lower c02 on that 5% in the days when there is no wind. so overall clean power 30 will start to bring those c02 clean power 30 will start to bring those co2 emissions down right across the country regardless of what energy sources being used. it is quite innovative and it is really exciting. it i

energy production and i can tell you, as an energy producing state, we our nation produces energy cleaner, smarter, safer, faster than anyone else in the world. and in a in if you shut down the u.s. energy the way they're trying to shut it down, you know what happens. you know who produces more iran, russia, venezuela. take those three right there. we're all in we're in conflict. we're in proxy wars with iran and russia. and you know what they do with their increased revenue under joe biden? oil production in north dakota is down. production in iran is way up. and when they have that money from selling all that president, president trump had iran almost bankrupt. he had sanctions that actually worked. joe biden has lifted all those. they're trying to go back to the obama nuclear deal. they're trying to negotiate with iran. iran funds hezbollah, hamas, saudis. and then all of you, you know, all of us, we get to listen about, oh, congress is debating how much money we're going to give to our team. we're paying for the other side. joe biden's energy policy is paying for russia's war. they're

we expect solid us energy production - prices?duction growth l prices? we expect solid us i energy production growth for oil and natural gas. that said, policy is not a mean driver of that view. we think in the short term oil production is driven by prices and shareholder objectives of energy company. over the medium run living regulatory easing could support us energy production if the government were to lease out more offshore energy field projects. in other news adidas has its headquarters in germany has been raided by authorities as part of a tax investigation it is related to customs with imports from october 2019 to this was widjaja's it is cooperating with authorities in providing them with necessary documents and information. general motors has announced it will stop funding the development of the crews are self—driving taxi. the company pointed to the increasingly competitive market as a reason for the move. its competitors include tesla which unveiled its uber taxi in october and waymo. the boss of ferrari says it will a

the green hydrogen made out of renewable energy. it's been touted as a pillar of the energy transition in germany. plants to invest billions into green hydrogen. but how realistic are these ambitious plans? entire fleets of hydrogen powered trains are running the 1st hydrogen filling stations have already been dismantled. there weren't enough customers. the there are only a handful of hydrogen power train still in operation here. and the diesel powered bosses are slower and often run late officer for the fun, especially the buses in service, but often it's not running on schedule, especially in the morning when we're headed to school and licenses the phone in dc . yeah, this year has been very, very difficult when it comes to best and trained services. the trans basically aren't running and when they do, they're constantly out of service. and you know, mas hall and buddha is interested in. you also tell us, even though the hydrogen trains are brand new, the crucial fuel cells often malfunction the, the trains that are unreliable are

but we focus a lot on american energy and american energy independence. there's four words i talked about often. that is produce, deliver, utilize and export. we are blessed in this nation with abundant resources that we need to produce more of. because using natural gas as an example, we have an abundance. we can't even measure the amount of natural gas we are blessed with in this nation. and utilizing that natural gas has helped us lower our global carbon emissions. the carbon emission in the united states has gone down because of the production of natural gas. but if we produce more, we're going to need to deliver those assets, whether it's liquid fuels or gas, or electricity down power lionels. transmission -- lines. transmission lines. that's the delivery component. we've got to deliver that resource, whether it's electricity produced at a nuclear power plant, or when it's natural gas or fuel oil or liquid fuels gone to the refinery. we need to produce more. we need to deliver it to where it can be utilized. we need to utilize it to create the electr

that's energy in progress. where ya headed? susan: where am i headed?at's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management ♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. >> welcome back. well now this, the white house claims it has new information on the drones over parts of new jersey and new york but still largely did he flooeking on telling us exactly what they are fox news correspondent live from the white house right now with the latest. >> hi. good morning, officials quick to say what reported drone stieths are not they say not criminal in nature but can't say for sure what 60s are. >> uh, i cannot characterize for you definitely what they are i can go back to what i said at the opening we looked at imagery can't corroborate some reported sightings through expert analysis u