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Barnes and... A Conversation with Jennifer Granholm

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Jennifer Granholm, former Michigan Governor, Senior Advisor to the Pew Charitable Trusts' Clean Energy Program, discusses her efforts to promote clean energy policies across the United States.

TRANSCRIPT

HELLO, BEGAN EVERYONE AND THANKS VERY MUCH FOR INVOLUNTARYING US AS A NATIVE OF CANADIAN INJURY IF YOUR GRANHOLM COULD NEVER BE A RESIDENT DEN OF THE UNITED STATES AND BUT AFTER 30 YEARS WAS A IS A TWO-TERM GOVERNOR OF MICHIGAN AND HER TERM ENDED JUST SHORT MONTHS AGO AND ACCEPTED A POSITION OF LAW IN CALIFORNIA BUT ALSO A POSITION WITH COMPU SHAREDDABLE TRUST SENIOR ADVISOR OVER CLEAN ENERGY AN ADVOCACY POSITION THAT BRING HER HERE TO CLINTON SCHOOL OF SERVICE IN HER FIRST STOP. GOVERNOR THANK YOU VERY MUCH FOR BEING WITH US.

THANK YOU FOR HAVING ME ON.

WHAT SHOULD WE READ FOR ARKANSAS BEING YOUR FIRST STOP OBVIOUSLY WE HAVE A PROFOUND INTEREST IN WIND ENERGY.

AND YOU ALSO HAVE A PROFOUND INTEREST IN JOBS AS EVERY 78 DOES AND WHAT WE ARE IDENTIFYING HERE IN ARKANSAS IS ENORMOUS POTENTIAL TO BE A LEADER IN THE COUNTRY IN THE MANUFACTURING OF WIND AND YOU CAN GO INTO OTHER AREAS AS WELL AND SINCE YOU HAVE A WIND HOLE IN TURN BINE AND IS WE WANTED TO COME HERE AND AMPFY YOUR SUCCESS AND TO TALK TO BUSINESS LEADERS ABOUT WHAT ELSE THEY WOULD LIKE TO SEE TO SEE A NATIONAL OLE POOLCY PUT IN PLACE TO HELP THEM BE MORE SUCCESSFUL AND GLOW AND HELP PEOPLE AND SO THIS IS PART AFT NATIONAL CAMPAIGN THAT IS LED BUT BY THE PEW SHAREDDABLE TRUST AND IS PEW NATIONAL CAMPAIGN NOT JUST BY ME BUT ALSO LED BY JOHN WARNER FORMER SENATOR FROM VIRGINIA AND BIPARTISAN AND OUR GOAL IS TO GET COMMON SENSE PRAGMATIC ENERGY POLICIES THROUGH CONGRESS THAT WILL HELP HELP TO PROM MEDICAL GATE THE KIND OF JOBS THAT YOU WANT HERE IN ARKANSAS.

WELL YOU HAVE A BULLET POINT OF OBJECTIVES THEY ARE PRETTY AMBITIOUS.

WELL THEY ARE BUT NOT UNREALISTIC AND HERE ARE THE FOUR THINGS THAT PEW IS ASKING CONGRESS AND HOPEFULLY GETTING OTHER TO HELP CONGRESS TO PAST ONE IS A NATIONAL ENERGY STANDARD. SO FOR EXAMPLE SAYING THAT WE GET 20 PHEERS OF OUR ENERGY FROM RENEW. SOURCES BY 2025 WHY IS THAT IMPORTANT?  BECAUSE OTHER COUNTRYS ARE IN THIS GAME AND THEY ARE IN IT TO IT AND COUNTRIES LIKE CHINA HAVE AGGRESSIVE NATIONAL STANDARDS AND A BUSINESS OWNER WHO'S TRYING TO DECIDE RIGHT NOW WHERE TO LOCATE IN A GLOBAL ECONOMY THEY ARE GOING TO GO TO THE COUNTRY IN A CREATES A MARKET FOR THEIR PRODUCT. IN THE UNITED STATES WE DO HAVE A NATIONAL ENERGY POLICY OR NATIONAL COMMITMENT TO RENEWABLE ENERGY AND SO THEREFORE THOSE BUSINESSES ARE NOT GOING TO DECIDE TO COME TO THE UNITED STATES WHEN GIVEN THE CHOICE TO GO TO A STATE HAS A A BETTER AND MORE AGGRESSIVE POLICY AND SO ONE IS GETTING A CONGRESSIVE POLICY OF RENEWABLE ENERGY IN THE UNITED STATES THE PRESIDENT HAS CALLED A COMMITMENT TO CLEAN ENERGY BY THE YEAR 2025 THAT WOULD BE GREAT. ANY SIGNAL SENT TO THE MARKET THOSE MANUFACTURERS WOULD CREATE A MARKET FOR THEM HERE AND THEN ARKANSAS WOULD HAVE A BETTER OPPORTUNITY TO VIE FOR THAT THAT IS ONE THE SECOND POLICY IS MORE ELECTRIC VEHICLES AND FUEL EFFICIENT VEHICLES TO GET UP TO 60 MILES PER HOUR BY THE YEAR 2025 OR TO HAVE 60% OF THE NEW VEHICLES SOLD TO BE PLUG-IN OR HYBRID ELECTRIC BY THE YEAR 20/20 AND THAT IS THE SECOND POLICY AND THE THIRD POLICY IS PROMOTING MORE INDUSTRIAL ENERGY EFFICIENCY THERE IS A LOT OF WASTE HEAT GENERATED IN MANY FACTORIES ACROSS THE COUNTRY AND WE WANT TO MAKE SURE THAT WASTE HEAT IS CAPTURED AND USED TO FUEL THE POWER IN E FACTORY AND DOING THAT HAS ENORMOUS SUPPORT IN THE BUNESSOMMUTY A THE FOTHS MORE INVESTMENT IN SEAR ANDDEVELOPMT IFWE ARRELYOINGO LEAD AND SO ESE ARTHFOUR D WHY DOI THINK THIS IS DOLE BAUSEE AR NOT TALKING ABOUT CONCENTRATE CARN TAX BUT ARE TALKOUPOCI TH VEOVWHMING SUPPORTEBY RLICAN ANIS MOAT WE KNOW TH CRS D REPUBLICANS VE ERESSEDTRG NATIONAL LI AS OULD LI TO TI P75 REPUAN ONENGYPOLII%OF LI SESY TOEEON RE ATAE NETH SODUG > CESAT T THR HEFO A HEHA EDS COREHEIVE LICY IS ARNGT'KERCHFOTH AT WOWT CAVSUPPT THOP ASOUID THE TBIES ANY ATYOTHK EYOULDE.

I ULTHK E ECY IR R JE L D WH T ON T OF IC TH ESON TO CH I'MWOSAGASO XA JONDGA PRICES. ASRIS GETS TTHE NATI GYEP MIDDASTHERE IL THE IS A GAS FIGHT AND EVERTE THISGAS SPIKE, ERE IS A TRIGGETO A AWAYRONDG A BIIO'S GET DOLLARS A DAY OVERSEA TOSS MAKE SURE WE ARE IN FACT ENDI TH MOY HERE IN MANY.

MUCH OF R DEISIN FACT IN PETROLEUM.

%. E TDE DEFICI EVYBODY TALKABT THE TRADE DEFICIT AND HOW TERRIBLE IT IS 50% IS SENNING OUR MOY TOOPEC WHEN WE AN SPEND THAT MON CREATING JOBS FOR AMERICAS.

TH ARE NOT SANG DRILL BABY DRILL ANORE BUT THE INDUSTRY AND ENVIRONMENTLE CONSERVATIVE AND IS MH OF THE COORATE COMMUNY IS SAYING TH ANER THAT IS DRILL MORE TAKE THE LID OFF LET US DRILL WE HAVERES OF FOIL FUELS IN PETROLEUM AND IN THE U.S.YOU GUYS TERRITORIES AND WE NEED NOT FUEL SMUCH.

WELL HERE'S WHAT THE CAMPAIGN IS DOINGE ARE NOT TAKING A POSITION ON FUING WE ARE SAYING LET'S ENLARGE THENER PE AND ADD RENEWAE ENGY IN ROBUST WAY TO THE MIX IN AMERICA AND YOU CAN DO THE DRILL BABY DRILL BUT THAT OIL IS STILL GOING TO A GLOBAL MARKET AND IT'S T LIKE AT L IS JUST COME TO GO US AND WE CAN CONTROL THE MARKET. SO LET'S ENLARGE THE PIE CAN I GIVE YOU A QUICK EXAMPLE.

CERTAINLY.

HE POLICY IS GOING TO HAPPEN AND IT'S NOT GOING TO HAPPEN WITHOUTCOMMITMENT D SO LET'S ME TALK ABOUT MICHIGAN THEY HAVE HAD THE TOUGHEST ECONOMY IN THE LAST DECADE BECAUSE THE AUTO MET DOWN AND SO WE WERE HIT REALLY HIGH WITH THIS ESPECIALLY WITH THIS GLOBAL SHIFT IN MANUFACTURING JOBS TO LOW WAGE COUNTRIES AND SO WE SAID IN MICHIGAN WHAT CAN WE PURSUE THAT WE KNOW WE CAN GET GOOD PAYING ADVANCE MANUFACTURING JOBS FOR OUR PEOPLE AND THE EXPERTS SAID WELL THE FASTEST GROWING MARKET IF YOU HAVE YOU WANT TO BE SERIOUS BEFORE IT CLEAN ENERGY AND SINCE YOU ARE THE ONLY CAPITAL WHY DONE YOU GO YOU AAFTER THE LITHIUM ION BATTERY AND THAT IS WHAT GOES INTO THE THE BOLD AND SO THEY SAID OKAY WE WILL GO AFTER THE BATTERY A SO WE ADAPTED ONE RENEWABLE STANDARD IN MICHIGAN THAT BY THE YEAR 2015 AND THAT SENT A SIGNAL TO THE MARKET AND THEN THE SECOND THING WE DID IS ADAPT TAX INTEN SIEVE AND WE DID THE SAME THING FOR WIND SOLAR AND ENERGY AND WE SAID WE THINK IT'S IMPORTANT FOR AMERICA TO HAVE MORE ENERGY INDEPENDENCE IS SO WE ARE GOING TO CREATE ELECTRICAL VEHICLES AND HAVE THE BATTERIES BUILIN THE UNITED STATES BECAUSE UP TO THE POINT ALL THE BATTERIES WERE BUILT IN ASIA AND IT WOULD BE SILLY FOR US TO TRANS MITT THAT ENERGY OF FOREIGN DEPEND ON OIL TO FOREIGN DEPEND ON BREAST AND SO A YEAR AND-A-HALF SINCE I SIGNED THAT INTO LAW, WE GOT 17 COMPANY TOSS CHOOSE TO COME TO MICHIGAN TO MAKE THE BATTERIES AND THOSE COMPANIES ARE GOING TO INVEST $5 MILLION IN MICHIGAN'S COMPANY AND THEY ARE GOING TO HIRE 63,000 PEOPLE OVER THIS DECADE. NOW IF ONE STATE CAN DO THAT BECAUSE WE HAVE A COMMITMENT FROM THE FEDERAL GOVERNMENT AND WE HAVE SEND SENT A SIGNAL BECAUSE OF THE MARKET IS OPEN AND THINK OF WHAT THE NATION CAN DO IF WE HAD A NATIONAL SIGNAL AND FOR ARKANSAS AND BECAUSE OF THE LOCATION AND THE PROXIMITY TO THE RIVER TO GET THING OUT TO THE SOUTH AND MILLING THE COUNTRY, YOU HAVE A HUGE OPPORTUNITY BUT YOU ARE NOT GOING TO BE ABLE TO TAKE ADVANTAGE OF IT UNLESS THERE IS A NATIONAL NARCOTIC.

AND THEN WE GO TO THE MATTER OF PUBLIC POLICY AND WASHINGTON AND YOU INDICATED YEAH THERE IS BROAD SUPPORT TO GREATER ENERGY INDEPENDENCE AND SELF RELIANCE BUT THERE SEEMS FOR STERNGRESSIONAL OPPOSITION AT LEAST IN SOME SCORE'S CORNERS OFGRESSION TO GET THINGS DONE AND THE OBAMA ADMINISTRATION PERHAPS UNDERSTANDABLY HAS IT'S HANDS FOLLOW UP FULL WITH OTHER.

ALTHOUGH THE PRESIDENT HAS BEEN PUSHING OBVIOUSLY AS YOU KNOW THIS NATIONAL ENERGY PUSH TO GET SOME SORT OF PRAGMATIC POLICY IN PLACE TO SEND THE RIGHT SIGNALS TO THE MARKET ONE OF THE THING THAT WE ARE DOING WHILE HERE IN ARKANSAS IS TO MEET WITH THE BUSINESS COMMUNITY. WHAT WE WANT IS FOR THE BUSINESS COMMUNITY TO SPEAK UP ABOUT THIS IT'S THE BUSINESS COMMUNITY THAT IS SAYING WE ARE MAKING DECISIONS EVERYDAY ABOUT WHERE TO LOCATE AND IN A GLOBAL COMMUNITY WE CAN CAN CHOSE TO LOCATE IN CHINA OR UNITED STATES AND WHY WOULD I AS A BUSINESS LEADER (MANY ARE SAYING) CHOSE TO LOCATE TO THE UNITED STATES WHEN COMBINEDDA GIVES ME ACCESS TO THE WHOLE MARKET AND IF THE UNITED STATES GETS IT'S ACT TOGETHER I CAN EXPORT INTO THE UNITED STATES. CHINA HAS COMPLETELY CONTAIN ADVANTAGE OF THIS. THEY ARE MAKING NOW, HALF OF THE WORLD'S SOLAR MANUAL AND IS THE WORLD'S WIND TURBINE AND IS THE REASON WHY THEY ARE SO AGGRESSIVE IN THE SECTOR IS THAT THE PRESIDENT OF CHINA SAYS EVERY NIGHT AND EVERY MORNING HE WEAKS UP THINKING HOW CAN I CREATE 25 MILLION JOBS FOR MY PEOPLE AND HE KNOW THIS ISES THE BIGGEST MARKET GOING AND HE HAS DECIDED TO REALLY PLUNGE IN THIS AREA AND IF WE SIT BACK AND DO ENGINE WE WILL BE BISTANDARDS TO THE GREATEST GROWTH TO THE GREATEST SECTOR KNOWN TO THE GLOBE AT THE MOMENT.

WHY THE GOVERNOR -- MY SENSE IS PRETTY BROAD SKEPTICISM IN THE AMERICA CORPORATE COMMUNITY BUSINESS COMMUNITY ABOUT THE PRACTICALCALITY OF THE CLEAN ENERGY. YES, THEY SAY IT'S A WONDERFUL IN CONCEPT BUT IN TERMS OF IT'S IMMEDIATE APPLICABLITY IT FALLS SHORT.

WELL NAKED IN AMERICA IS-BOOK WRITING BY ANDREW -- AND THE GLOBAL BUSINESS COMMUNITY IS SEEING WHAT IS HAPPENING IN OTHER COUNTRY AND IS THAT IS STRONG COMMITMENT TO RENEWABLE ENERGY IN OTHER COUNTRY AND IS IT WOULD BE THE BETTER IF THE GLOBAL HAD THE SAME LEVEL OF COMMITMENT EVERY WERE BECAUSE THEN THEY COULD CHOUGHS TO MANUFACTURE IN THE UNITED STATES AND THE PRODUCTS THAT ARE GOING TO BE PURCHASED ARE SUPPORTIVE OF IT AND THEY KNOW THAT INVESTMENT RESEARCH AND DEVELOPMENT WILL BRING COSTS DOWN ENORMOUSLY AND I WOULD USE THE BATTERIES FOR THE VEHICLE AS AN EXAMPLE WHEN THEY STARTED OUT THEY WERE $35,000 FOR ONE BATTERY AND NOW THEY ARE ABOUT 15,000 AND THE PROJECTION IS THAT THEY WILL BE AT THE SAME COST AS AN INTERNAL COME BUGS ENGINE BY THE YEAR 2015. IT'S LIKE WHEN YOU INVEST IN A TECHNOLOGY THE PRICE COMES DOWN JUST LIKE YOU WOULD WITH A COMPUTER AND OBVIOUSLY THEY WERE HUGE, HEAVY AND EXPENSIVE NOT TOO LONG AGO AND NOW TODAY ALMOST EVERYBODY CAN BUY ONE AND THEY ARE CERTAINLY MUCH MORE ACCESSIBLE. AND AT THE SAME LEVEL OF TECHNOLOGY ADVANCE WILL OCCUR AND SOLAR PANELS, WIND AND WITH THE BATTERY.

MR. CLINTON, THERE IS A FOUNDER OR NAME OF THIS HAS FREQUENTLY SAID THAT GREEN ENERGY IS GOOD BUSINESS. THAT IS YOUR MESSAGE IN -- TO NO SMALL DEGREE.

ABSOLUTELY. IT SAVES MONEY FOR THE BUSINESS, IF THE BUSINESS GETS INTO THE BUSINESS IT'S A HUGE MARKET AND OBVIOUSLY IT'S GOOD FOR THE PLANET AS WELL BUT AS AN AMERICA, IT'S GOOD FOR AMERICA TO BE ENERGY INDEPENDENT SO WE ARE NOT AT THE WHIMS OF COUNTRIES WHO MAY BE ENEMY TOSS US.

ARKANSAS'S ENERGY PRODUCING STATE DAYS MAY BE OVER -- WELL YEAH OVER BUT IN THE NORTH CENTRAL PART OF THE STATE, THEY ARE PULLING GAS METRO GAS FROM THE SHALE IN AN UNFORESEEN 15 YEAR AGO AND WHERE DO YOU SEE NATURAL GAS FITTING IN.

I THINK NATURAL GAS IS GOING TO BE PART OF THIS MIX AND IN FACT, THE PRESIDENT'S CLEAN ENERGY STANDARDS WHERE HE SAYS THAT WE SHOULD GET I DIDN'T% OF GET 80% OF OUR GAS FROM CLEAN ENERGY SOURCES AND THEN EVEN THOUGH IT'S A MIX, RETROGAS WILL BE THERE AND IT WILL BE THERE FOR A GOOD AMOUNT OF TIME.

IT'S A BRIDGE.

IT'S A FOSSIL FUEL FOR AND IT'S A FAIRLY LONG BRIDGE GIVEN THE GROWTH IN THE ENERGY DEMAND AND TRULY, IF YOU THINK RIGHT NOW, GASOLINE, OIL, PETROLEUM, CONSISTS OF 37% OF WHAT AMERICA CONSUMES, ENERGY WISE, TASK BIG CHUNK AND.

AND TWO THIRDS OF THAT NOT QUITE TWO THIRDS COMES FROM OVERSEAS.

ABSOLUTELY.

PETROLEUM.

ABOUT 56% COMES FROM OVERSEAS BUT REMEMBER EVEN IF IT'S DRILLED HERE IT'S STILL ON A GLOBAL MARKET.

RIGHT.

BUT THE BOTTOM LINE IS THAT IF WE ARE ABLE TO HAVE A PORTION OF THAT ABSORBED THROUGH NATURAL GAS AND FUNDED -- NATURAL GAS FUELING POWER PLANTS THAT THEN YOU COULD USE TO PLUG IN YOUR ELECTRICAL CAR YOUR CAR IS RUNNING ON ELECTRICITY THAT YOU KNOW, COMES FROM A CLEAN SOURCE WHICH MAKES IT CLEAN CLEAN CLEAN UNTIL WE ARE ABLE TO REALLY GET THE WIND SOLAR, BIOMASS, WEIGHS ENERGY SOLUTIONS BUT THIS STUFF IS HAPPENING ALL SO FAST. THAT I'M TELLING YOU IN THE NEXT FEW YEARS YOU ARE GOING TO SEE SUCH AN EXPLOSION OF THE TECHNOLOGY AND THE JOBS, THE QUESTION IS WHERE IS IT GOING TO HAPPEN?  IS IT GOING TO HAPPEN HERE?  OR IS IT GOING TO HAPPEN IN OTHER COUNTRIES.

I HAVE A SENSE OF URGENCY TO THIS GOVERNOR THAT THERE IS NEW AND HEIGHTENED I THINK CONCERN FOR THE PROCESS BY WHICH NATURAL GAS IS BEING EXTRACTING.

YEAH, I THINK UNDERSTANDABLY EVERYONE WANTS THE PROCESS FOR DRILLING PET PETROLEUM OFFSHORE TO BE SAFE FOR DRILLING FOR NATURAL GAS TO BE SAFE FOR DRINKING WATER AND WE HAVE ALL GOT TO PAY ATTENTION TO THAT THERE IS NO DOUBT ABOUT IT. BUT IT SHOULD CONTINUE TO PRESS TO AGAIN ENLARGE THIS ENERGY PIE AND GET OUR -- GET MORE ENERGY IF WE CAN FROM THE CLEANEST AND EASIEST SOURCES. LIKE THE BIG BALL OF ENERGY IN THE SKY, THE SUN OR THE WIND IS FREE. ALSO, YOU ARE IN A NUCLEAR STATE TWO UNITS --

YEAH, TWO ARKANSAS HAS TWO COMPONENTS TO IT ANYWAY ALONG COMES JAPAN JUST AT THE TIME WHEN THE THREE-MILE ISLAND AND THE CHERNOBLE WAS BEGINNING TO FADE AND THE NATION WAS BEGINNING TO LOOK AGAIN WITH FRESH EYES AT NUCLEAR AS A SOURCE OF CLEAN ENERGY. HOW HAS JAPAN ALTERED THAT OR TO TWA EXTENT.

WELL IN THE SAME WAYS THAT WE EXPRESSED THE CONCERNS ABOUT TRACKING AND HOW THE PROCESS GETS DONE AND WHETHER OR NOT THERE ARE REGULATORY SAFE GUARDS I THINK JAPAN HAS RAISED CONCERNS ABOUT NUCLEAR BUT IT CAN BE PART OF THE MIX IT IS CLEAN ENERGY THE QUESTION IS HOW QUICKLY CAN THAT POLITICALLY BE CORRECT BECAUSE OBVIOUSLY CONGRESS HAS TO ACT ON THAT.

THERE SEEMS TO BE A PROBLEM TRANLATION AND SUCH BROAD PUBLIC SUPPORT FOR CLEAN RENEWABLE ENERGY AND CHEAPER ENERGY EVENTUALLY.

RIGHT CHEAPER AND SAFER.

WHERE IF IS IT GETTING LOST IN THE PARTISAN WARS IN WASH WAR OR THERE IS SOME RECOGNITION OF THIS IN THE NATION'S CAPITAL BUT FALL SHORT IN TERMS OF YOUR GOALS.

WELL IT IN TERMS OF GETTING STUFF DOWN RIGHT NOW IS THE REASON IT HAS BEEN SLOW IS BECAUSE THERE HAS BEEN SUCH A FOCUS ON THE DEFICIT AND CEILING AND ON THAT AND THE QUESTION IS CAN WE REDIRECT FOCUS BECAUSE THESE PRAGMATIC POLICIES DO NOT RAISE THE SAME LEVEL OF ANXIETY THAT A COMPREHENSIVE CAP AND TRADE POLICY WHICH IS DIFFICULT TO EXPLAIN AND YOU KNOW, CAN BE USED FOR OTHER PURPOSES IN TERMS OF POLITICS, THESE POLICIES BECAUSE THEY ARE SO OVERWHELMINGLY SUPPORTED CAN BE ACHIEVED IN THIS CONGRESS AND SO OUR HOPE IS THAT CONGRESS WILL UNDERSTAND THE URGENCY WITH WHICH THEY MUST ACT. LAST -- YOU KNOW, BECAUSE THE UNITED STATES USED TO BE THE NUMBER ONE STATE; THE NUMBER ONE COUNTRY FOR INVESTMENT, PRIVATE SECTOR INVESTMENT IN CLEAN ENERGY AND NOW WE HAVE WE WERE NUMBER 12 YEAR AGO, WE WERE NUMBER TWO LAST YEAR, WE ARE NUMBER THREE THIS YEAR WITH CHINA AND GERMANY OVER US WE ARE GOING TO CONTINUE TO COAL FALL WITHOUT ACTION AND SO OUR HOPE IS BETWEEN THE BUSINESS COMMUNITY SAYING WE NEED TO HAVE A MARKET HERE AND BETWEEN THE COMPETITOR NATIONS MOVING AND ACTING SO AGGRESSIVELY AND WITH THE PRICE OF GAS CONTINUING TO CLIMB, THAT THERE WILL BE A SENSE OF URGECY IN CONGRESS TO GET THESE PRAGMATIC POLICIES THROUGH.

DO YOU THINK THAT WE ARE GOING TO HAVE TO WAIT TILL AFTER THE LAST PRESIDENT.

> CLAW SON SAID I DO NOT SEE MUCH HAPPENING.

NO, SENATOR HARK HIGHER SSAID HE HAS A COMMITMENT TO GETTING RENEWABLE ENERGY AND YOU DON'T DEBATE CAP AND TRADE OR MOTION DENIED CRATE TAXES BUT THESE MODERATE POLICY THAT IS WE CAN GET THROUGH CONGRESS AND OUR HOPE IS TO GET MORE SENATORS LIKE HIM ON BOARD IS TO HAS US PRODUCING MORE JOBS IN AMERICA.

THE WHOLE NOTION OF ENERGY INDEPENDENCE TOTAL SELF RELIANCE IS THAT ACHIEVABLE REALISTICALLY BY THE EP OF THE CENTURY ARE WE ALWAYS GOING TO HAVE A FOSSIL FUEL COMPONENT THROUGH.

I'M NOT GOOD AT PREDICTING WHAT TECHNOLOGY WILL BRING I THINK WHEN WE PUT OUR MIND TO SOMETHING AS AMERICANS WE CAN ACHIEVE ANYTHING AND IF WE WERE ABLE TO GO TO THE MOON WHO'S TO SAY THAT WE CAN'T BE 100% INDEPENDENT OF FOREIGN OIL AND PERHAPS AT SOME POINT FULLY RELIABLE ON RENEWABLE ENERGY BUT I'M NOT SAYING IT'S A STEP THAT IS GOING TO HAPPEN IN THE NEAR FUTURE. HONESTLY I HAVE BEEN SO AMAZED AT THE TECHNOLOGY THAT HAS BEEN BORN OF THE RESEARCH AND DEVELOPMENT ON STORING RENEW. ENERGY THROUGH THE BATTERY AND HOW QUICKLY THAT HAS DEVELOP AND THE PRICE FOR SOLAR PANELS DROPPING SO FAST, THAT VERY SOON, IT TOO BE WILL BE A PART AND THE FACT THAT YOU'RE YOU WILL BE ABLE TO INSTALL SOLAR PANELS ON YOUR ROOM AT THE SAME AMOUNT THAT YOU WOULD INSTALL SHINGLES AND IT WOULD DRAW ENERGY ON YOUR HOUSE THE SAME WAY THIS IS AMAZINGS AND IT CAN ALL HAPPEN IN THE NEXT FEW YEARS WHO KNOWS WHAT THE FUME FUTURE WILL BRING BUT IT'S NOT GOING TO HAPPEN UNLESS THE NATION COMMITS ITSELF.

THE NOTION -- NOT THE NOTION BUT THE PART OF YOUR STRATEGY IS TO SIDE STEP OR HOT BUTTON THING LI THE DEBATE OVER GLOBAL WARNING AND I RECOGNIZE THAT THERE MAY NOT A LOT OF DEBATE ON GLOBAL WARMING BUT IT'S SAYING WE SHOULD BE ABLE TO DO THESE THING WHETHER E WORLD'S IT WERE TOUR IS RISING OR FALLING.

HERE'S WHAT I WOULD SAY WE KNOW THIS IS THE MOTHER OF ALL MARKET AND THE GROWTH IN THIS INDUSTRY IS OFF THE CHARTS. WE KNOW IT'S POTENTIAL IS BIGGER THAN THE INTERNET IS GOING TO EMPLOY ONE IN FOUR JOBS BY THE YEAR 2030. IF WE DON'T TAKE ADVANTAGE OF WHERE THE GLOBAL IS GOING, OR AS STEVE, YOU KNOW, FIVE EYES ZERO MAN USED TO SAY IF WE DON'T TAKE ADVANTAGE OF WHERE THE PUCK IS GOING IN HOCK ERNIE IF YOU DON'T 68 TO WHERE THE PUCK IS AND WHERE IT'S GOING THEN WE ARE GLOW BELOWING IT AND SO WHY NOT TAKE ADVANTAGE OF THE GROWTH OF THE MARK AND WE WILL NOT GET INTO THE DEBATES BUT WE ARE SAYING SEE WHERE IT'S HEAD AND HAD CAP LIES ON IT.

CAN'TALLISM AT WORK,.

WELL IT IS AND WE HAVE TO CREATE THOSE MARKET FOR THE BUSINESS COMMUNITY TO BE ABLE TO PROSPER BUT HERE, AND NOT FACILITY THE CONTINUING OFFSHORING OF JOBS.

DOES IT SUGGEST SOMETHING THAT THE NATION WHICH OWNS SO MUCH UNITED STATES PAPER IS POURING SO MANY SOURCE RESOURCES INTO CLEAN ENERGY? AND CHINA. SHOULD THAN A --

IT SHOULD BE AN ENORMOUS CONCERN TO US BECAUSE THE WAY THIS WORKS IS WHEN A FACT WHEN A BUSINESS OWNER MAKES A DECISION TO LOCATE THEIR FACTORY, THAT IS WHERE THAT FACTORY IS GOING TO BE AND CHINA SHAS MADE IT SO INVITINGS AND OPENED THEIR MARKETS SO MUCH UP TO INTERNATIONAL COMPANIES COMING TO INVEST TO CREATE WINGED TURBINES AND SOLAR PANELS AND ONCE THEY ARE THERE THEY ARE NOT GOING TO MOVE BACK TO THE UNITED STATES THE FIRST INVESTMENTS ARE CRITICAL AND THIS IS WHY THE MOMENT IS SO URGE URNLGT AND ANYBODY TALKING TO AN INDUSTRIALIST WILL TELL YOU THOSE FIRST INVESTMENTS ARE KEY AND WHEREVER THE MANUFACTURING IS GUESS WHAT THAT IS WHERE THE DEVELOPMENT AND RESEARCH ULTIMATELY GO BECAUSE THE ENGINE HERE NEARS WANT TO SEE HOW IT MANUFACTURED THEY HAVE TO SEE IT FEEL IS IT AND SEE IT COME OUT ON THE LINE AND SO WE RISK LOOSING THE MANUFACTURE AND THE RESEARCH AND DEVELOPMENT AND THAT WOULD BE A TRAV VESTITY AND IF YOU WANT TO SEE A COUNTRY DROP SO FAST IN THE LIST OF THOSE WHO ARE TAKING ADVANTAGE OF THIS UNITED STATES WILL DROP LIKE A STONE.

GOVERNOR JENNIFER GRANHOLM WE HAVE TO SYMPTOM INIT THERE BECAUSE WE ARE OUT OF TIME.

I APPRECIATE YOUR TIME.

AND THANK YOU FOR YOUR TIME AND FOR YOUR TIME AS WELL. SEE YOU NEXT TIME.

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