Granholm Test Pilot School despite russias invasion of ukraine. She appeared before the Natural Resources and the outline the presence. This hearing is about two hours. Ast. [inaudible] blog again because its mans. [inaudible] im happy to welcome my friend secretary Jennifer Granholm to discuss business binds budget request energy. Center granholm, you for being here today last week i have traveling to ukraine to me there is a last is his efforts to ensure ukrainian people and be back as it gives innovation. We also discussed into our european allies when the energy work on the streets for over a year on the share is a matter of insuring their efforts to address Climate Change with greater geopolitical risk energy were reliable and making homes just as yours and she has allowed to use russias sources as it is friends and allies in the United States is also horrible because the virus Us Energy Independence as is our overall we rely on foreign adversaries are she will, nuclear fuel or energy vehicles. These are all things we can and should be producing start to finish in not sourcing from our allies in an effort to be honest about the dirty supplychain secret with various Energy Resources and analogies we are sacrificing security and we need only look to germany to see how that worked out slightly physical actions of the United States is prioritizing our Energy Security and geopolitical the same time. This means that energy bills lawfully and the us, not reinterpreting these laws to finish an agenda. It means we in Congress Need to pass Predictable Energy reform will level it means taking possible steps to reduce our National Debt which is one of the biggest threats to our National Security pda as in the department of energy in the last couple of years a lot to implement with the energy frightfully bipartisan infrastructure law, shifts in science and insulation reduction these bills established a Program Funding necessary to ensure american Energy Security and us competitiveness all environments. Insuring these bills effectively and efficiently as congress intended is one laptop and i look forward to working with secretary granholm to sorry to say in patient has been goingvery smoothly. Although we are technologies is first and foremost an Energy Security yield and is intense in this regard is the effort to involve law that im a student asked. Our only in positions feet the fire in access to law for its clear intent. He provided the so obvious in violation of the law that is that the intended benefits are obese is lost a supervision is congress and ask these records to our Energy Committee and the decision process. On average it takes five years to present major Energy Projects in this country thats faster. This pace is too slow to achieve any of our goals better energy, reducing conditions or investing in was impacted by the Energy Transition i look forward to hearing how the gop is selling energy. As i said there is significant reforms we that are possible action from hundreds we want novartis recommendations. Weve been spending more than we bring in every year for the last 20 years as a way that we face today is 1. 46 im concerned. He is asking for a more than 13 percent increase over 23. Especially since dod received 1 billion in the next decade of bipartisan and ira we have to say enough is enough. Our debt is not just following problem. Its congress administrators led by both parties need to Work Together im disappointed youre playing a game of chicken and resort agreement to pay the bills to reduce the best moving forward estimates resolve this is for progress in the ministration to return to budget negotiating process is to their house. Already falling behind. Our interaction with was at risk of over both chambers this there was a resolution asking the patient time was 1 billions of dollars in base year after year im lying on its solutions on our operations will work with us to come up with more Spending Plans to deficit reduction is time for all of you are job. Now fully we can get this Energy Projects across the countryb he will West Virginians included in the departments budget request was funding for research and development, Carbon Capture electrician storage. These technologies are key to continue producing West Virginias Energy Resource and cleanest ways possible also supports the National EnergyTechnology Laboratory are sold out over that is seen as well Energy Innovation will visions and grandparents these are our mission to leadership of the interagency working which has also been in the process my best so that i will work session. Be turned over to the ranking member. For holding this very important secretary granholm welcome its been two years since joe bidens office today is the opportunity to assess the results of his energy policies. Its been a disaster for our nation. President by in an Energy Economy despite transworld was one of the songs in the this revolution for our world is the world is our eight allows the child worrying about energy markets. Lowering greenhouse excuses for jobs, getting family studies prices. I think they want to build on the energy success but not joe i sent the last two years rendering those games. Having and while gas and produces return. Hes actually an assertion with zealous want to hes full of practice and accessible reliable energy. And hes with countless blocks in every way on energy production. It is unisex, i should. How is at about . He did see two dictators pleaded with dictators to produce more oil and rated artisans Energy Supply heat is acceptable on the map, is is more energy here at home. Called. Since breast is my Office Energy prices are up for his asking is, 31 percent, eating well is a 300 percent accuracy is 23 percent. It has been stressful performance by this ministration. The president hasnt belonging while gas at a despised job sharing suggests eight years. This is a fantasy. The world is using as well and natural gas for the foreseeable future. The energy on analysis confirms this. The only real question is where is the world energy . I for the president and this administration to face that reality if we follow president by will become even more on china and russia. The police applied is of little boundary technologies present things we have many of these minerals here in the unitedstates. But this ministration blocks access to them. I would rather get these minerals from china than mine here at home. Last year energy intends to spend hundreds of millions of taxpayer dollars to micromanage it is a title company. Last month the values reported White House Deputy chief of staff saying chinas companies are going to be a players he said in the energy agenda. Meanwhile scientists at our own Energy Behind analysts determined that the covid this late from aloud and launch i think Many Americans are asking themselves on questions. Why is july and auditioning to that someone is in your 7 Million People worldwide and why is the lighthouse saying that china is a big player in our Energy Policy . They shouldnt be a minimum you should make it clear will not on china linked companies president by at least owns that to the American People. Centers are now able to resume his or granholm for opening statements. Secretarygranholm. You sharon manchin and a nasty with you today to discuss Energy Budget request. The last two years and in meeting many nations biggest needs from the our Energy Security and reassuring supply chain manufacturing just are asking for cuttingedge research and comments, through maintaining a Strong Nuclear disturbance, we critical steps to ensure the United States outmaneuver and outcompete our rivals and create new jobs and opportunities for our people s budget for sites i4 will empower us to drive these efforts forward you in the face of emerging challenges. Russias american war on ukraine as a over Energy Security risks inherent in over reliance on error anyone says energy since weaponization of fossil fuel supplies has injected three free volatility into markets this is this already working people in the United States with Higher Energy costs. The response we are pursuing a strategy of Energy Security through energy accuracy Congress Efforts have made that exceeds the worlds most attractive destination or investments in new energy is falling is lies on this moment. Are packing largescale deployment of clean technologies, solar, wind electric vehicles storage removing authorization of next version to pass, advanced nuclear er Oxygen Technology life on capture, that a nation. We are supporting projects to build more resilience reliable read and integrate the number of solutions whether interruptions at the same time engaging in a long overdue effort to leverage supplychain technologies at home so that no adversary will be able to threaten our access to technology and this is the asset of the were lastly our investment in americas batteries, solar wind supplychain has reached nearly 100 billion. Fueled by thousands of jobs this is also a benefit for the American Consumer introducing Technology Since made in the usa. So we know that this body of energy accuracy depends on continuous innovation. The more we can improve the performance and reduce the cost of these technologies thats the faster we can use m and over the bills will be these deposition programs will fasttrack for a wide range of Energy Solutions including funding for our office of carbon management, the advanced series of new us counties as well as with her critical carbon sources. Water expands our office of science and all other things this would wrap up our Isotope Program which is critical competitiveness and defense solutions. But it also includes owner of the numbers for future research further our two artists residential along with Energy Security, the prioritizes the area of National Security is really to sought permission for our National Nuclear security and insertion. Todays changing national and partners makes our Nuclear Insurance carriers to our National Defense and security of our allies the president s request we give the nsa a means to modify the infrastructure for this program is the nsas wider priorities around armscontrol, nonproliferation, counterterrorism is a simple is able to progress in these matters artisans and has received from his name on this in a is more to repair the tax it continued support. I believe the president s what it will allow us to shore up Energy Security, National Security while reinforcing our efforts to congresses legislative action the. Thank you for your opportunity to address you i will move forward your questions. Will start now. Holding the accidents were cars, my personal belief is we didnt need any that is personally. With that being said something changing into the transportation mode when we have very dependable on for a supply chains, that doesnt make sense so is the owner they present hundred 50 we can source if basic resource process it. North america for countries of free trade we also agree to examine it to our allies. That they would be reliable supply chains. Any other reason was for the manufacturing of the parking lot. You know ive been concerned about this go through this enzyme is the manufacturing powders and its so what weve done is what you all did. You basically provided, its upside down. You provided basically a is a based on exactly what we thought. Its of projects in powers, lithium batteries. Our is in the process. Notice that the treasury and i understand came from you all is just the long run the othergetting on. Fromb we lost this in, we want this overseas because theres no urgency for our manufacturers to do this as a problem im having i want to reliance on foreign supplychain here in the United States. So can you assess moments with the treasury to credits because theyre saying you all told them. Thank you so much mister chairman. Yes, we advised the Treasury Department on issues relating to definitions as it involves energy and we did advise and use the action that was in a bipartisaninfrastructure law. The exact definition. There was nothing time to. We tried additional intent based on the law in terms of the definition. You already do business. Is the you can apply the extraction processing fee will supply under manufacturing, we can, we would have qualified the other side long line on this is universally and that we lost all or as much as possible work with a series of. Liberalizing of the definition puts more money doesnt want most budget this is not the confines of what we had ceos for before problem im seeing one of the major going further and further in debt looking at the same results you get there reason you are loved and lost it somewhere else thats cheaper and easier to get rather the backdoor. Because china would be one of the and these concern thank you for your leadership on this but we should all feel pleased to know that in the salary supplychain says these laws and simply term and 100 50 Battery Companies supplychain elements that are opening up in the United States where it went to europe or in china or in asia. 50 across all of these states that equals all 1 billion in investments in the us policy that this committee under your leadership as well as others has passed matters thats why were seeing all these Companies Come to the United States including extraction, processing, or manufacturing, old supplychain is very exciting to see that things are actually. Is a need to have years of law and make sure that we do it here as long as were subsidizing seven it somewhere else, nothing for the first 90 days, theres 7500. So theyre showing me every step of the way that a liberalized and more money out as you can my goodness were going moving to ev to basically support that transportation on top of that providing the people and 30,000 to buy thing also were outlawing using a combustible engines, and we can i say let the market go where is, a decision on where i want to buy or not. Jesus does, my time is up. I actually believe the president should be working through on the so we could have seen you cant pay with National Debt, so we need to get that done. Hopefully will is financing, the effects this need to hold it are energy hostage. I agree with you but is outfoxed, you cant say once i say youre right but we wont get a permit that. How is impacting your department if this charade plays on western. The National Security of the runs through the apartment of that is we cannot jeopardize our National Security or competitiveness in attempting to get all these investments back intothe United States. Thank you missouri. Let me fall on some questions you been doing last Years Department would make the milliondollar grant to microvast. Taking microvast and came from one of the United States. Manchin ceo brian i am honored this is a technology we developed in china. In fact its the sign here at the local successfully recruited microvast ceos to come from the United States to china on a program they said we will return to the United States 3 million to the United States. The ceo is a participant in the Chinese Communist party and you can see that and are single in yellow and the department of energy that is so that the secretary for full hour for me despite design grant announcement and despite that ever and single that no decision has yet been made on funding a chinese backed company. And you insure us today you will not go forward with 200 million or more to microvast or any other company under such chineseinfluence . Assure you we are vigilant that ensuring no taxpayer dollars the state owned