Page 3 - Power Sector News Today

[inaudible conversations] good morning this hearing will come to order. Its the day to do the environment subcommittee with fiscal year 2021 budget request for the Environmental Protection agency. And acting chief Financial Officer welcome to both of you. The president s request 2021 to 66 billion to the epa and 27 percent cut hello fy 2020. This seeks to undo all the progress we were able to achieve in a broad bipartisan basis fy 2024 example to request to eliminate 30 mine Million Dollars of n...

[inaudible conversations] good morning. Today is the day we will examine the president s fiscal year for the epa joining with morning is administrator wheeler and acting chief Financial Officer. Welcome to both of you. Fiscal year 2021 the president s 66 billion to the epa but this request the presidency of what you were able to achieve on the fy 2020. And then to eliminate the new funding we provided to address pfas and the Clean Energy Funding grants c by 47 percent at 409 million fy 2020 also...

Limit our fossil fuel consumption and so we cant just talk about banning fracking without talking about specifics on alternatives to liquid transportation fuels and alternatives to natural gas in the power sector obama did call it a bridge fuel in terms of getting us off coal but it seems to be much more of a geo political issue we see with the fracking and the doubling of production its really hailed across bipartisan issues as like where the Number One Oil producer in the world so once it jump...

Environmental issues related to fracking which involves injecting water because with chemicals in particular its like sand very High Pressure deep into hard rock formations youre basically putting a jet engine on the drill and using water at High Pressure instead of the drilling operation so theres tons of Environmental Issues water issues but theres also Climate Change the more oil and natural gas produce we produce the more Greenhouse Gas emissions we emit into the atmosphere and so i think wh...

From moscow is sunday so were taking you through some of the biggest stories covered here over the past week 1st. Tensions running high in the water. The leaders of Turkey Russia france and germany will discuss ways to resolve the crisis next month that announcement comes amid an ongoing exchange of offensives between Syrian Government forces and Turkish Backed militants. Turkey which supports socalled moderate armed groups has recently flooded the region with troops and equipment that was in re...

Seen the us go from importing 50000000 barrels a day of oil to down to less than 2000000 barrels a day at the same time china is now importing almost 10000000000 barrels a day so now china has become what we were in the seventys and we had the oil crisis i mean the next problem with oil come out of the middle east our strategic rival china is going to a big problem and over here were going to be pretty much selfsufficient so i think in terms of domestic resources it was a win in terms of Climate...

The neo liberal policy for democrats that was really championed now the Younger Generation theyre against what do you think about fracking and should we ban it or is it an issue well fracking obviously is sort of the centerpiece of u. S. Fossil fuel production there are huge concerns not just about some of the Environmental Issues related to fracking which involves injecting water because with chemicals and particulates like sand very High Pressure deep into hard rock formations youre basically ...

Frontrunning 2020 with banks kaiser and Stacy Herbert as we look at the issues and policies heading into the election now today stacey were taking a look at Energy Policy. And fracking thats what the millennial n. Z. Want if their support for Bernie Sanders and Elizabeth Warren is anything to go by of course obama and that Democratic Administration their signature policy was fracking obama brought in fracking to the nation weve seen a doubling of the production of oil because of that joining our...

Crude Oil Production doubled from 5000000. 00 barrels today to 11000000. 00 Barrels Per Day Hillary Clinton as secretary of state flew around the world trying to get nations like poland for example to bring fracking there so this is the older school the neo liberal policy for democrats that was really championed now the Younger Generation theyre against what do you think about fracking and should we ban it or is it an issue well fracking obviously is sort of the centerpiece of u. S. Fossil fuel ...

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