Next, a look at the Global Energy outlook with fatih birol. He testified before the Senate Energy and Natural Resources committee about issues including u. S. Oil and Gas Production. This runs an hour and 45 minutes. Good morning, efveryone. The committee will come to order. Id like to provide specific welcome this morning to our new member, senator smith. It is good to have you as part of the committee. I think you will find that this is a committee that does good work. We like to focus on policy and we like to do things in a bipartisan way every now and again. Looking forward to starting the new year off with that good foot. We dont have senator capito with us this morning but she is also returning to our committee and i look forward to welcoming her in her ongoing contributions. We do have a lot on the agenda today. Our broad bipartisan Energy Natural resources bill where again were looking forward to continuing that as the year progresses. Our efforts to increase our nations minera
Good morning, efveryone. The committee will come to order. Id like to provide specific welcome this morning to our new member, senator smith. It is good to have you as part of the committee. I think you will find that this is a committee that does good work. We like to focus on policy and we like to do things in a bipartisan way every now and again. Looking forward to starting the new year off with that good foot. We dont have senator capito with us this morning but she is also returning to our committee and i look forward to welcoming her in her ongoing contributions. We do have a lot on the agenda today. Our broad Bipartisan Energy Natural Resources bill where again were looking forward to continuing that as the year progresses. Our efforts to increase our nations mineral security, our need for wildfire funding fix paired with for estry management reforms, Park Maintenance backlog, islands and territories. Weve got a wide range of public lands. Those are a few of the things that we h
Production in the United States this is good news for the us economy is trades and i am quoting you here, combined with the right policies. When you make that statement, are you referring to tax policies, energy policies, a combination of all of that . If you could go into that i would be curious. Very fortunate because we have oil, gas, Renewable Energy sourceand business here. By improvement of the technology you look more and more oil and gas, existing resources if the right incentives are provided to the industry. Number 2, i believe, huge potential to make more use of urban energies, solar and wind especially. I was able to see support for Renewable Energy policies. The production tax credit. Exactly. Third, very important, the Independence Energy dependence and Energy Dependence is based on two factors, one is encasing production and seconds, keeping consumption at a certain level and not to waste Energy Efficiency so i imagine Domestic Energy policies, in addition to supplyside
Power system in the northeast and mid atlantic due to increasing Winter Weather events, including the bomb cyclone. I would like to start by calling on the Ranking Member to give her opening statement. Thank you, chair, and good morning to everyone. Im sure that senator murkowski will be here shortly. As some people may know, a 7. 9 magnitude earthquake hit off the coast of alaska, impacting co kodiak and parts of the Pacific Northwest with tsunami warnings that were issued for activities that were expected, and those warnings for tsunami waves have been recalled but no doubt im sure the senator is dealing with lots of things this morning related to that and other issues. So, impa want to thank our witnesses, chairman mcintyre and mr. Walker, for being here and many of the staffs that people have here that were glad were back in operation. So we look forward to hearing from all our witnesses on the subject of the reliability of the grid. And its performance. Last year, secretary perry
Im sure senator murkowski will be here shortly. As some people noah 7. 9 magnitude earthquake hit off the coast of alaska with northwest warnings issuesed for activities that were expected the warning for the tsunami waves have been recalled and no doubt im sure the senator is dealing with lots of things related to that. I want to thank our witnesses, chairman mcintyre and mr. Walker for being here and the staff people that are here and blade we are back in operation. So we look forward from hearing all of the witnesses on the subject of the reliability of the grid and its performance. Last year, secretary perry and the staff viewed the liability of the fuel mix and i was relieved when i saw the staff report in august which i thought was balanced. It carefully distinguished between reliability and resilience and introducing Renewable Resources rgs synthetic i inertia and frequency response and resilience metrics needed to be developed. Unfortunately, secretary perifiled the report as a