Low prices continue. More Domestic Production and that means coming from alaska. I will say in addition to the price, one of our biggest concerns you see, and we think it has gotten to the point where it is willful and every project senator senators talk about and everything is delayed. Delayed. We think it is willful and the weapon of choice of this administration to actually kill projects. It is a big problem. We have time for one more. What sort of assureance has been given that new Mapping Technology will not place the animal life in harms way in an war . It has been proven. The new and old crude oil is that big. The only person who hurts the wildlife is the human being who is shooting them. I know a little like that. They are domestic kateated now. We have wolves sleeping with the sheep. And you guys believed it. In New York Miami philadelphia, and San Francisco people say we have to save those poor little animals. It doesnt affect them. It never has. It is all a myth easily sold
Viable in the philippines. Again, human behavior. Its taken them ten years to pass the Renewable Energy act. Its taken them another five years. Human behavior effects this. And i think theres a lot of opportunities where asia can do better. Biofuels, and i call this more efficient use of coal. When i was in charge of the clean energy program, i got hammered i used to get hammered all the time by grease peace, because it was called the asian dams and bridges bank and we finance a lot of coal, they say its changed. But they use to hammer us all the time and say, no, you cant use clean coal because youre whitewashing the problem. Theres no such thing as clean coal. Coal is dirty. And so we in the peace treaty we decided that whenever we talk about clean coal, supposed to call it more efficient use of coal. When i say more efficient use of coal, i mean ccs. And we have some funding from the ccs institute. And weve been working in india, china, vietnam and chio on the for ccs. And weve been
Utility partners in building more gas but still worried about those price shocks and they see keeping coal in the mix is one of the ways that they can avoid those kinds of shocks as part of what they do. Last thing i will say, of course, is thats the United States story. In other countries, coal is much more prevalent and the availability of gas much more limited. So, from a global perspective, we certainly see coal as an important player, not just in the United States or not just in north america but many parts of the world. Hi, Charles Ebinger from brookings. Julio, it seems to an outsider that the administration a bit schizophrenic on ccs and coal, in general, because the one hand, we have the excellent would, that you have highlighted the doe is doing, the other hand, we look at the organizations like opec, xn bank, so forth, as well as our positions in financial institutions, we seem to take a very negative attitude toward financing coal in other localities. Could you make a comme
Everybody. Things likes showcase projects for example in this country or in others. Also International Partnerships can accelerate the learning, sharing. Can accelerate deployment. We dont have to build five kinds of plants in five Different Countries if we can just build one plant in one country and share the results, it saves money and saves time in a very useful way. The International Landscape is also changing dramatically. Im sure many of you here watched the u. S. china accord that was announced in november. We were all very, very pleased with this. It includes, among other things, a large ccs project in china and a science project that is a joint International Project shared by the United States, china, and other nations. Were thrilled with this outcome. Theres also a new kind of project that the chinese are going to pilot, an enhanced Water Recovery project. Like enhanced oil recovery except pulling out oil you pull out brines and you use the pressure youre using in injection t
Dollars are well spent. From the standpoint about the concerns of the services provided, we think when you allow states to weaken the standards, and we have seen again, how states have used waivers to, in effect, create a day facto weakening of standards standards. We are deeply concerned. Well, i understand the need for flexzblety. But if the only principle here is that the states can do whatever they want, then they should raise their entaxes to pay for it. Throwing billions of federal dollars at the states with no accountability for the states of how they spend taxpayer money is not what we were sent here to do. So, thank you. Thank you, mr. Chairman. Thank you, senator warren. And i did welcome senator collins to the committee, which i should. Were delighted to have her back. She and senator cassidy are the only two members of the kmiet tee this year. Senator roberts. Number one, weve flipped the seating arrangement here. The lights are a little brighter, the heat is a little warme