Legacy energy source. Senator udall of new mexico and i have an amendment that will close a loophole in federal Energy Policy. I want my colleagues to know, and i think they do, of my long support for renewable and alternative sources of energy and so i agree with the aims of the murkowskimachin murkowskiy bill. The amendment that senator udall and i have introduced is the same as the bipartisan bill we introduced last week. The title of that bill is the fair return for public lands act. Mr. Grassley this bill was introduced 100 years to the date of the mineral leasing act of 1920. This amendment would increase the royalty rates on federal lands from 12. 5 to 18. 75 . Everybody here knows that a royalty is what the oil company will pay to a mineral owner. In this case the mineral owner is the american taxpayer, and that royalty is paid for the right to extract oil and natural gas from the lands of the United States. The legislation modernizes the public lands leasing system and it does
And fibers of the security and National Threat concerns. This subcommittee hearing is an hour and 20 minutes. This hearing will come to order. Without objection the chair is authorized to declare a recess at any time, welcome to todays hearing, the future of electricity delivery modernizing and securing our nations electricity grid. I want to thank our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but ive read some history, what was like to build the electric grid a century ago. We couldnt of imagine the technologies we use to power our homes and businesses today. The real challenge was extending power itself in every form of our society and there was a challenge that those providing power make money in the cities in well Populated Areas with business and commercial opportunities, with electric the government made a basic deal, we would provide an a monopoly over providing power and a lot of these areas, firms would make a lot of m
All right. This hearing will come to order, without objection the chair is authorized to declare recess at any time. Good afternoon, welcome to todays hearing. The future of electricity delivery, modernizing and securing our nations electricity grid. I want to thank all of our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but i have read history about what it was like when we first started building the electric grid over a century ago now. I dont think we could have imagined the technologies that we would use to power or homes and businesses and hospitals and everything today. And i think the challenge is different, you know, back then the real challenge was just extending power itself throughout every corner of our society, and there was a challenge which was that those providing power knew they could make money in the cities in well Populated Areas in places with a lot of business and commercial opportunities, but it was not as p
Order. Without objection the chair is authorized to declare recess at any time. Good afternoon, welcome to todays hearing, the future of electricity delivery, monetizing and securing our nations electricity grid. I want to thank all of our witnesses for joining us today. This is such an important topic. Im a young guy as i can tell but ive read some history about what it was like when we first started building the electric brig grade over a century from now. I dont think we could have imagined the tech elegies that we would use to power homes businesses and hospitals and i think the challenge is different. The real challenge was just extending power itself to every corner of our society. There was a challenge that those providing powers knew that they could make money in cities and well Populated Areas and places with businesses and commercial opportunities, but it was not as profitable to take it into the countryside into the hill country of texas for example. The government made a ba
Help them to see your glorious image in humanity and search for opportunities to empower those on lifes margins. Lord, inspire them to trust the unfolding of your loving providence, so that they will not become weary in doing what is right. May they live with such integrity that your purposes will be accomplished on earth, remind us all that it is in giving that we receive. And through dying to self we are born to eternal life. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Mcconnell madam president . The presiding officer the republican leader is recognized. Mr. Mcconnell there are a lot of reasons to like the broad Bipartisan Energy bill which is before us. Youll like it if youre an american interested in producing more energy. Youl