T. Boone Pickens: Let's transform energy -- with natural gas

98,508 views ใƒป 2012-03-19

TED


ูŠุฑุฌู‰ ุงู„ู†ู‚ุฑ ู†ู‚ุฑู‹ุง ู…ุฒุฏูˆุฌู‹ุง ููˆู‚ ุงู„ุชุฑุฌู…ุฉ ุงู„ุฅู†ุฌู„ูŠุฒูŠุฉ ุฃุฏู†ุงู‡ ู„ุชุดุบูŠู„ ุงู„ููŠุฏูŠูˆ.

ุงู„ู…ุชุฑุฌู…: khalid marbou ุงู„ู…ุฏู‚ู‘ู‚: Mahmoud Aghiorly
00:15
I'm a believer.
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ุฃู†ุง ู…ุคู…ู†.
00:17
I'm a believer in global warming,
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ุฃู†ุง ู…ุคู…ู† ุจุงู„ุงุญุชุฑุงุฑ ุงู„ุนุงู„ู…ูŠุŒ
00:19
and my record is good
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ูˆุณุฌู„ูŠ ุฌูŠุฏ
00:21
on the subject.
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ููŠ ู‡ุฐุง ุงู„ู…ูˆุถูˆุน.
00:23
But my subject
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ู„ูƒู† ู…ูˆุถูˆุนูŠ
00:25
is national security.
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ู‡ูˆ ุงู„ุฃู…ู† ุงู„ู‚ูˆู…ูŠ.
00:27
We have to get off of oil purchased
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ุนู„ูŠู†ุง ุฃู† ู†ุชูˆู‚ู ุนู† ุดุฑุงุก ุงู„ู†ูุท
00:30
from the enemy.
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ู…ู† ุงู„ุนุฏูˆ.
00:32
I'm talking about OPEC oil.
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ุฃู†ุง ุฃุชุญุฏุซ ุนู† ู†ูุท ุงู„ุฃูˆุจูƒ.
00:34
And let me take you back
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ูˆุฏุนูˆู†ูŠ ุฃุนูˆุฏ ุจูƒู… ู„ู„ูˆุฑุงุก
00:36
100 years
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100 ุณู†ุฉ
00:38
to 1912.
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ุฅู„ู‰ 1912.
00:41
You're probably thinking that was my birth year.
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ุฃู†ุช ุนู„ู‰ ุงู„ุฃุฑุฌุญ ุชุนุชู‚ุฏูˆู† ุฃู†ู‡ุง ุณู†ุฉ ู…ูŠู„ุงุฏูŠ.
00:44
(Laughter)
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(ุถุญูƒ)
00:46
It wasn't. It was 1928.
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ู„ู… ุชูƒู†. ู„ู‚ุฏ ูƒุงู†ุช 1928.
00:49
But go back to 1912,
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ู„ูƒู† ุจุงู„ุนูˆุฏุฉ ุฅู„ู‰ 1912ุŒ
00:51
100 years ago,
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ู‚ุจู„ 100 ุณู†ุฉุŒ
00:53
and look at that point
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ุงู†ุธุฑูˆุง ุฅู„ู‰ ุชู„ูƒ ุงู„ู†ู‚ุทุฉ
00:55
what we, our country, was faced with.
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ู…ุง ู†ุญู†ุŒ ุฏูˆู„ุชู†ุงุŒ ู†ูˆุงุฌู‡ู‡.
00:58
It's the same energy question
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ุฅู†ู‡ ู†ูุณ ุณุคุงู„ ุงู„ุทุงู‚ุฉ
01:00
that you're looking at today,
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ุงู„ุชูŠ ุชู†ุธุฑูˆู† ุฅู„ูŠู‡ ุงู„ูŠูˆู…ุŒ
01:02
but it's different sources of fuel.
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ู„ูƒู†ู‡ ู…ุตุฏุฑ ู…ุฎุชู„ู ู„ู„ูˆู‚ูˆุฏ.
01:05
A hundred years ago
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ู‚ุจู„ 100 ุณู†ุฉ
01:07
we were looking at coal, of course,
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ูƒู†ุง ู†ู†ุธุฑ ุฅู„ู‰ ุงู„ูุญู…ุŒ ุจุงู„ุทุจุนุŒ
01:09
and we were looking at whale oil
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ูˆู‚ุฏ ูƒู†ุง ู†ู†ุธุฑ ุฅู„ู‰ ุฒูŠุช ุงู„ุญูˆุช
01:11
and we were looking at crude oil.
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ูˆู‚ุฏ ูƒู†ุง ู†ู†ุธุฑ ุฅู„ู‰ ุฒูŠุช ุงู„ู†ูุท ุงู„ุฎุงู….
01:14
At that point,
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ุขู†ุฐุงูƒุŒ
01:16
we were looking for a fuel
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ูƒู†ุง ู†ู†ุธุฑ ุฅู„ู‰ ูˆู‚ูˆุฏ
01:18
that was cleaner,
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ูƒุงู† ุฃู†ุธูุŒ
01:20
it was cheaper,
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ูƒุงู† ุฃุฑุฎุตุŒ
01:22
and it wasn't ours though,
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ูˆู„ูƒู†ู‡ุง ุนู„ู‰ ุงู„ุฑุบู… ู…ู† ุฐู„ูƒ ู„ู… ุชูƒู† ู…ู„ูƒู†ุงุŒ
01:25
it was theirs.
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ูƒุงู†ุช ู…ู„ูƒู‡ู….
01:27
So at that point, 1912,
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ูˆุจุงู„ุชุงู„ูŠ ุขู†ุฐุงูƒุŒ ุณู†ุฉ 1912ุŒ
01:30
we selected crude oil over whale oil
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ุงุฎุชุฑู†ุง ุฒูŠุช ุงู„ู†ูุท ุงู„ุฎุงู… ุจุฏู„ ุฒูŠุช ุงู„ุญูˆุช
01:33
and some more coal.
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ูˆุจุนุถ ุงู„ู…ุฒูŠุฏ ู…ู† ุงู„ูุญู….
01:36
But as we moved on
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ู„ูƒู† ุจุชู‚ุฏู…ู†ุง
01:38
to the period now, 100 years later,
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ู„ู„ู…ุฑุญู„ุฉ ุงู„ุญุงู„ูŠุฉุŒ ุจุนุฏ 100 ุณู†ุฉุŒ
01:41
we're back really
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ู‚ุฏ ุนุฏู†ุง ุจุงู„ูุนู„
01:43
at another decision point.
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ุฅู„ู‰ ู†ู‚ุทุฉ ู‚ุฑุงุฑ ุฃุฎุฑู‰.
01:45
What is the decision point?
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ู…ุง ู‡ูŠ ู†ู‚ุทุฉ ุงู„ู‚ุฑุงุฑ ู‡ุงุชู‡ุŸ
01:47
It's what we're going to use
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ุฅู†ู‡ุง ู…ุง ุณู†ู‚ูˆู… ุจุงุณุชุฎุฏุงู…ู‡
01:49
in the future.
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ููŠ ุงู„ู…ุณุชู‚ุจู„.
01:51
So from here,
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ุฅุฐู† ู…ู† ู‡ู†ุงุŒ
01:53
it's pretty clear to me,
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ู…ู† ุงู„ูˆุงุถุญ ุฌุฏุง ุจุงู„ู†ุณุจุฉ ู„ูŠ
01:55
we would prefer to have
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ุฃู†ู‡ ุณู†ูุถู„ ุงู„ุชูˆูุฑ ุนู„ู‰
01:57
cleaner, cheaper,
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ู…ุง ู‡ูˆ ุฃู†ุธูุŒ ูˆุฃุฑุฎุต
01:59
domestic, ours --
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ู…ุญู„ูŠุŒ ู…ู„ูƒู†ุง --
02:02
and we have that, we have that --
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ูˆู„ุฏูŠู†ุง ุฐู„ูƒุŒ ู„ุฏูŠู†ุง ุฐู„ูƒ --
02:05
which is natural gas.
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ูˆุงู„ุฐูŠ ู‡ูˆ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
02:07
So here you are,
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ุฅุฐุง ู‡ุง ู†ุญู† ุฐุงุŒ
02:09
that the cost of all this to the world
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ูƒู„ูุฉ ูƒู„ ู‡ุฐุง ู„ู„ุนุงู„ู…
02:13
is 89 million barrels of oil,
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ู‡ูŠ 89 ู…ู„ูŠูˆู† ุจุฑู…ูŠู„ ู†ูุทุŒ
02:16
give or take a few barrels, every day.
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ุชุฒูŠุฏ ุฃูˆ ุชู†ู‚ุต ุจุถุนุฉ ุจุฑุงู…ูŠู„ุŒ ูƒู„ ูŠูˆู….
02:18
And the cost annually
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ูˆุงู„ูƒู„ูุฉ ุงู„ุณู†ูˆูŠุฉ
02:20
is three trillion dollars.
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ู‡ูŠ ุซู„ุงุซุฉ ุชุฑู„ูŠูˆู†ุงุช ุฏูˆู„ุงุฑ.
02:23
And one trillion of that
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ูˆุชุฑู„ูŠูˆู† ูˆุงุญุฏ ู…ู† ุฐู„ูƒ
02:25
goes to OPEC.
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ูŠุฐู‡ุจ ุฅู„ู‰ ุงู„ุฃูˆุจูƒ.
02:27
That has got to be stopped.
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ูŠุฌุจ ุฃู† ูŠุชูˆู‚ู ุฐู„ูƒ.
02:30
Now if you look at the cost of OPEC,
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ุงู„ุขู† ุฅู† ู†ุธุฑุชู… ุฅู„ู‰ ูƒู„ูุฉ ุงู„ุฃูˆุจูƒุŒ
02:33
it cost seven trillion dollars --
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ุฅู†ู‡ุง ุชูƒู„ู ุณุจุนุฉ ุชุฑู„ูŠูˆู†ุงุช ุฏูˆู„ุงุฑ --
02:36
on the Milken Institute study last year --
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ููŠ ุงู„ุฏุฑุงุณุฉ ุงู„ุชูŠ ุฃุฌุฑุงู‡ุง ู…ุนู‡ุฏ ู…ูŠู„ูƒู† ููŠ ุงู„ุณู†ุฉ ุงู„ู…ุงุถูŠุฉ --
02:38
seven trillion dollars
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ุณุจุนุฉ ุชุฑู„ูŠูˆู†ุงุช ุฏูˆู„ุงุฑ
02:40
since 1976,
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ู…ู†ุฐ ุณู†ุฉ 1976ุŒ
02:42
is what we paid for oil from OPEC.
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ู‡ูˆ ู…ุง ุฏูุนู†ุงู‡ ู…ู‚ุงุจู„ ุงู„ู†ูุท ู…ู† ุงู„ุฃูˆุจูƒ.
02:45
Now that includes the cost of military
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ุงู„ุขู† ุฐู„ูƒ ูŠุดู…ู„ ูƒู„ูุฉ ู…ุง ู‡ูˆ ุนุณูƒุฑูŠ
02:47
and the cost of the fuel both.
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ูˆูƒู„ูุฉ ุงู„ูˆู‚ูˆุฏ ู…ุนุง.
02:50
But it's the greatest transfer of wealth,
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ู„ูƒู†ู‡ ุฃูƒุจุฑ ุงู†ุชู‚ุงู„ ู„ู„ุซุฑูˆุฉุŒ
02:55
from one group to another
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ู…ู† ู…ุฌู…ูˆุนุฉ ู„ุฃุฎุฑู‰
02:57
in the history of mankind.
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ููŠ ุชุงุฑูŠุฎ ุงู„ุจุดุฑูŠุฉ.
02:59
And it continues.
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ูˆู‡ูˆ ู…ุณุชู…ุฑ.
03:01
Now when you look
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ุงู„ุขู† ุญูŠู† ุชู†ุธุฑูˆู†
03:03
at where is the transfer of wealth,
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ุฅู„ู‰ ุญูŠุซ ูŠุญุฏุซ ุงู†ุชู‚ุงู„ ุงู„ุซุฑูˆุฉุŒ
03:05
you can see here
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ูŠู…ูƒู† ุฃู† ุชุฑูˆุง ู‡ู†ุง
03:07
that we have the arrows
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ุฃู†ู‡ ู„ุฏูŠู†ุง ุงู„ุฃุณู‡ู…
03:10
going into the Mid-East
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ุชุชุฌู‡ ู†ุญูˆ ุงู„ุดุฑู‚ ุงู„ุฃูˆุณุท
03:12
and away from us.
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ูˆุจุนูŠุฏุง ุนู†ุง.
03:14
And with that,
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ูˆุจุฐู„ูƒุŒ
03:16
we have found ourselves
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ูˆุฌุฏู†ุง ุฃู†ูุณู†ุง
03:18
to be the world's policemen.
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ู†ุตุจุญ ุดุฑุทุฉ ุงู„ุนุงู„ู….
03:20
We are policing the world,
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ู†ุญู† ู†ู‚ูˆู… ุจุญูุธ ุฃู…ู† ุงู„ุนุงู„ู…ุŒ
03:22
and how are we doing that?
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ูˆูƒูŠู ู†ู‚ูˆู… ุจุฐู„ูƒุŸ
03:25
I know the response to this.
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ุฃุนุฑู ุฌูˆุงุจ ู‡ุฐุง.
03:29
I would bet there aren't 10 percent of you in the room
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ุฃุฑุงู‡ู† ุฃู†ู‡ ู„ูŠุณ ู‡ู†ุงูƒ 10 ููŠ ุงู„ู…ุฆุฉ ู…ู†ูƒู… ู‡ู†ุง
03:33
that know how many aircraft carriers there are in the world.
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ูŠุนุฑููˆู† ุนุฏุฏ ุญุงู…ู„ุงุช ุงู„ุทุงุฆุฑุงุช ุงู„ู…ูˆุฌูˆุฏุฉ ููŠ ุงู„ุนุงู„ู….
03:38
Raise your hand if you think you know.
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ุงุฑูุนูˆุง ุฃูŠุฏูŠูƒู… ุฅู† ูƒู†ุชู… ุชุนุชู‚ุฏูˆู† ุฃู†ูƒู… ุชุนุฑููˆู†.
03:41
There are 12.
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ู‡ู†ุงูƒ 12.
03:43
One is under construction by the Chinese
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ูˆุงุญุฏุฉ ู‡ูŠ ู‚ูŠุฏ ุงู„ุจู†ุงุก ู…ู† ุทุฑู ุงู„ุตูŠู†
03:45
and the other 11 belong to us.
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ูˆุงู„11 ุงู„ู…ุชุจู‚ูŠุฉ ู…ู„ูƒ ู„ู†ุง.
03:48
Why do we have 11 aircraft carriers?
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ู„ู…ุงุฐุง ู†ุชูˆูุฑ ุนู„ู‰ 11 ุญุงู…ู„ุฉ ุทุงุฆุฑุงุชุŸ
03:52
Do we have a corner on the market?
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ู‡ู„ ู„ุฏูŠู†ุง ุฑูƒู† ููŠ ุงู„ุณูˆู‚ุŸ
03:55
Are we smarter than anybody else? I'm not sure.
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ู‡ู„ ู†ุญู† ุฃุฐูƒู‰ ู…ู† ุงู„ุฌู…ูŠุนุŸ ู„ุณุช ู…ุชุฃูƒุฏุง.
03:58
If you look at where they're located --
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ุฅู† ู†ุธุฑุชู… ุฅู„ู‰ ุญูŠุซ ุชุชูˆุงุฌุฏ --
04:00
and on this slide it's the red blobs on there --
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ูˆุนู„ู‰ ู‡ุฐู‡ ุงู„ุดุฑูŠุญุฉ ู‡ูŠ ุงู„ู†ู‚ุท ุงู„ุญู…ุฑุงุก ู‡ู†ุงูƒ --
04:03
there are five that are operating in the Mid-East,
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ู‡ู†ุงูƒ ุฎู…ุณ ู…ู†ู‡ุง ุชุนู…ู„ ููŠ ุงู„ุดุฑู‚ ุงู„ุฃูˆุณุทุŒ
04:07
and the rest of them are in the United States.
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ูˆุจู‚ูŠุชู‡ุง ู…ูˆุฌูˆุฏุฉ ููŠ ุงู„ูˆู„ุงูŠุงุช ุงู„ู…ุชุญุฏุฉ.
04:10
They just move back to the Mid-East and those come back.
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ู‡ูŠ ูู‚ุท ุชุชุญุฑูƒ ู†ุญูˆ ุงู„ุดุฑู‚ ุงู„ุฃูˆุณุท ูˆุงู„ุฃุฎุฑู‰ ุชุนูˆุฏ.
04:13
So actually most of the 11 we have
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ูˆุจุงู„ุชุงู„ูŠ ู…ุนุธู… ุงู„11 ุงู„ุชูŠ ู„ุฏูŠู†ุง
04:16
are tied up in the Mid-East.
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ู‡ูŠ ู…ุฑุชุจุทุฉ ุจุงู„ุดุฑู‚ ุงู„ุฃูˆุณุท.
04:19
Why? Why are they in the Mid-East?
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ู„ู…ุงุฐุงุŸ ู„ู…ุงุฐุง ุชูˆุฌุฏ ููŠ ุงู„ุดุฑู‚ ุงู„ุฃูˆุณุทุŸ
04:22
They're there to control,
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ุฅู†ู‡ุง ู…ูˆุฌูˆุฏุฉ ู‡ู†ุงูƒ ู„ู„ุชุญูƒู…ุŒ
04:24
keep the shipping lanes open
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ู„ุฅุจู‚ุงุก ุฎุทูˆุท ุงู„ุดุญู† ู…ูุชูˆุญุฉ
04:26
and make oil available.
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ูˆุฌุนู„ ุงู„ู†ูุท ู…ุชูˆูุฑุง.
04:28
And the United States uses about 20 million barrels a day,
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ูˆุงู„ูˆู„ุงูŠุงุช ุงู„ู…ุชุญุฏุฉ ุชุณุชุฎุฏู… ุญูˆุงู„ูŠ 20 ู…ู„ูŠูˆู† ุจุฑู…ูŠู„ ูƒู„ ูŠูˆู…ุŒ
04:32
which is about 25 percent of all the oil used
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ูˆุงู„ุชูŠ ู‡ูŠ ุญูˆุงู„ูŠ 25 ููŠ ุงู„ู…ุฆุฉ ู…ู† ูƒู„ ุงู„ู†ูุท ุงู„ู…ุณุชุฎุฏู…
04:36
everyday in the world.
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ูƒู„ ูŠูˆู… ููŠ ุงู„ุนุงู„ู….
04:39
And we're doing it with four percent of the population.
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ูˆู†ุญู† ู†ู‚ูˆู… ุจุฐู„ูƒ ุจุฃุฑุจุนุฉ ููŠ ุงู„ู…ุฆุฉ ู…ู† ุงู„ุณุงูƒู†ุฉ.
04:42
Somehow that doesn't seem right.
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ู„ุง ูŠุจุฏูˆ ู„ูŠ ุฐู„ูƒ ุตุงุฆุจุง ุจุทุฑูŠู‚ุฉ ู…ุง.
04:45
That's not sustainable.
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ุฐู„ูƒ ู„ูŠุณ ู…ุณุชุฏุงู…ุง.
04:47
So where do we go from here?
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ุฅุฐู† ุฅู„ู‰ ุฃูŠู† ู†ุฐู‡ุจ ู…ู† ู‡ู†ุงุŸ
04:49
Does that continue?
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ู‡ู„ ูŠุณุชู…ุฑ ุฐู„ูƒุŸ
04:51
Yes, it's going to continue.
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ู†ุนู…ุŒ ุฅู†ู‡ ุณูŠุณุชู…ุฑ.
04:53
The slide you're looking at here
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ุงู„ุดุฑูŠุญุฉ ุงู„ุชูŠ ุชุฑูˆู†ู‡ุง ู‡ู†ุง
04:55
is 1990 to 2040.
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ู‡ูŠ ู…ู† 1990 ุฅู„ู‰ 2040.
04:57
Over that period
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ุนู„ู‰ ุงู…ุชุฏุงุฏ ุชู„ูƒ ุงู„ูุชุฑุฉ
04:59
you are going to double your demand.
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ุณูŠุชุถุงุนู ุงู„ุทู„ุจ.
05:02
And when you look at what we're using the oil for,
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ูˆุญูŠู† ุชู†ุธุฑูˆู† ุฅู„ู‰ ู…ุง ู†ุณุชุฎุฏู… ุงู„ู†ูุท ู…ู† ุฃุฌู„ู‡ุŒ
05:05
70 percent of it
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70 ููŠ ุงู„ู…ุฆุฉ ู…ู†ู‡
05:07
is used for transportation fuel.
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ูŠุณุชุฎุฏู… ูƒูˆู‚ูˆุฏ ู„ู„ุชู†ู‚ู„.
05:09
So when somebody says,
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ูˆุจุงู„ุชุงู„ูŠ ุญูŠู† ูŠู‚ูˆู„ ุฃุญุฏู‡ู…ุŒ
05:11
"Let's go more nuclear,
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"ุฏุนูˆู†ุง ู†ู„ุฌุฃ ุฅู„ู‰ ุงู„ู†ูˆูˆูŠ ุฃูƒุซุฑุŒ
05:13
let's go wind, let's go solar,"
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ุฏุนูˆู†ุง ู†ู„ุฌุฃ ุฅู„ู‰ ุงู„ุฑูŠุงุญุŒ ุฏุนูˆู†ุง ู†ู„ุฌุฃ ุฅู„ู‰ ุงู„ุดู…ุณุŒ"
05:16
fine; I'm for anything American,
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ุทูŠุจุ› ุฃู†ุง ู…ุน ูƒู„ ู…ุง ู‡ูˆ ุฃู…ุฑูŠูƒูŠุŒ
05:19
anything American.
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ุฃูŠ ุดูŠุก ุฃู…ุฑูŠูƒูŠ.
05:21
But if you're going to do anything
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ู„ูƒู† ุฅู† ูƒู†ุชู… ุณุชู‚ูˆู…ูˆู† ุจุฃูŠ ุดูŠุก
05:23
about the dependency on foreign oil,
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ุญูˆู„ ุงู„ุงุนุชู…ุงุฏ ุนู„ู‰ ุงู„ู†ูุท ุงู„ุฃุฌู†ุจูŠุŒ
05:26
you have to address transportation.
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ูŠุฌุจ ุฃู† ู†ุชุนุงู…ู„ ู…ุน ู…ุดูƒู„ ุงู„ู†ู‚ู„.
05:28
So here we are
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ูˆุจุงู„ุชุงู„ูŠ ู‡ุง ู†ุญู† ุฐุง
05:30
using 20 million barrels a day --
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ู†ุณุชุฎุฏู… 20 ู…ู„ูŠูˆู† ุจุฑู…ูŠู„ ูŠูˆู…ูŠุง --
05:33
producing eight, importing 12,
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ู…ู†ุชุฌูŠู† 8ุŒ ูˆู…ุณุชูˆุฑุฏูŠู† 12ุŒ
05:36
and from the 12,
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ูˆู…ู† ุงู„12ุŒ
05:38
five comes from OPEC.
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ุฎู…ุณ ุชุฃุชูŠ ู…ู† ุงู„ุฃูˆุจูƒ.
05:43
When you look at the biggest user and the second largest user,
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ุญูŠู† ุชู†ุธุฑูˆู† ุฅู„ู‰ ุฃูƒุจุฑู…ุณุชู‡ู„ูƒ ูˆุซุงู†ูŠ ุฃูƒุจุฑ ู…ุณุชู‡ู„ูƒุŒ
05:46
we use 20 million barrels
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ู†ุณุชุฎุฏู… 20 ู…ู„ูŠูˆู† ุจุฑู…ูŠู„
05:48
and the Chinese use 10.
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ูˆุงู„ุตูŠู† ุชุณุชุฎุฏู… 10.
05:50
The Chinese have a little bit better plan --
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ุงู„ุตูŠู† ู„ุฏูŠู‡ุง ุฎุทุฉ ุฃุญุณู† ุจู‚ู„ูŠู„ --
05:54
or they have a plan;
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ุฃูˆ ู„ุฏูŠู‡ู… ุฎุทุฉุ›
05:56
we have no plan.
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ู„ูŠุณุช ู„ุฏูŠู†ุง ุฎุทุฉ.
05:58
In the history of America,
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ููŠ ุชุงุฑูŠุฎ ุฃู…ุฑูŠูƒุงุŒ
06:00
we've never had an energy plan.
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ู„ู… ุชูƒู† ู„ุฏูŠู†ุง ู‚ุท ุฎุทุฉ ู„ู„ุทุงู‚ุฉ.
06:02
We don't even realize the resources
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ู„ุง ู†ุฏุฑูƒ ุญุชู‰ ุงู„ู…ูˆุงุฑุฏ
06:04
that we have available to us.
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ุงู„ู…ุชูˆูุฑุฉ ู„ู†ุง.
06:06
If you take the last 10 years
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ุฅู† ุฃุฎุฐุชู… ุงู„ุณู†ูˆุงุช ุงู„10 ุงู„ุฃุฎูŠุฑุฉ
06:08
and bring forward,
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ูˆุฌุฆุชู… ุจู‡ุง ุฅู„ู‰ ุงู„ุฃู…ุงู…ุŒ
06:10
you've transferred to OPEC a trillion dollars.
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ุชูƒูˆู†ูˆู† ู‚ุฏ ุญูˆู„ุชู… ู„ู„ุฃูˆุจูƒ ุชุฑู„ูŠูˆู† ุฏูˆู„ุงุฑ.
06:14
If you go forward the next 10 years
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ุฅู† ุชู‚ุฏู…ุชู… ู„10 ุณู†ูˆุงุช
06:17
and cap the price of oil at 100 dollars a barrel,
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ูˆุญุฏุฏุชู… ุณุนุฑ ุงู„ู†ูุท ุจ100 ุฏูˆู„ุงุฑ ู„ู„ุจุฑู…ูŠู„ุŒ
06:20
you will pay 2.2 trillion.
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ุณุชุฏูุนูˆู† 2.2 ุชุฑู„ูŠูˆู†.
06:23
That's not sustainable either.
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ุฐู„ูƒ ู„ูŠุณ ู…ุณุชุฏุงู…ุง ุฃูŠุถุง.
06:25
But the days of cheap oil are over.
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ู„ูƒู† ุฃูŠุงู… ุงู„ู†ูุท ุงู„ุฑุฎูŠุต ู‚ุฏ ูˆู„ุช.
06:28
They're over.
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ุฅู†ู‡ุง ู‚ุฏ ูˆู„ุช.
06:30
They make it very clear to you,
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ูŠุฌุนู„ูˆู† ุงู„ุฃู…ุฑ ูˆุงุถุญุง ุฌุฏุง ู„ู†ุงุŒ
06:33
the Saudis do,
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ุงู„ุณุนูˆุฏูŠูˆู† ูŠูุนู„ูˆู†ุŒ
06:36
they have to have 94 dollars a barrel
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ุนู„ูŠู‡ู… ุฃู† ูŠุชู„ู‚ูˆุง 94 ุฏูˆู„ุงุฑุง ู„ู„ุจุฑู…ูŠู„
06:39
to make their social commitments.
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ู„ู„ุญูุงุธ ุนู„ู‰ ุงู„ุชุฒุงู…ุงุชู‡ู… ุงู„ุงุฌุชู…ุงุนูŠุฉ.
06:41
Now I had people in Washington last week told me,
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ุงู„ุขู† ุฃุฎุจุฑู†ูŠ ุฃุญุฏู‡ู… ููŠ ูˆุงุดู†ุทู† ุงู„ุฃุณุจูˆุน ุงู„ู…ุงุถูŠุŒ
06:45
he said, "The Saudis can produce the oil
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ู‚ุงู„ุŒ "ูŠุณุชุทูŠุน ุงู„ุณุนูˆุฏูŠูˆู† ุฅู†ุชุงุฌ ุงู„ู†ูุท
06:48
for five dollars a barrel.
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ุจ5 ุฏูˆู„ุงุฑุงุช ู„ู„ุจุฑู…ูŠู„.
06:50
That has nothing to do with it.
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ู„ูŠุณ ู„ู„ุฃู…ุฑ ุนู„ุงู‚ุฉ ุจุฐู„ูƒ.
06:52
It's what they have to pay for
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ุฅู†ู‡ ู…ุง ูŠุฌุจ ุฃู† ูŠุฏูุนูˆุง ููŠ ุงู„ู…ู‚ุงุจู„
06:54
is what we are going to pay for oil."
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ู‡ูˆ ู…ุง ุณู†ุฏูุนู‡ ู…ู‚ุงุจู„ ุงู„ู†ูุท."
06:56
There is no free market for oil.
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ู„ูŠุณุช ู‡ู†ุงูƒ ุฃูŠ ุณูˆู‚ ู…ุฌุงู†ูŠุฉ ู„ู„ู†ูุท.
06:58
The oil is priced off the margin.
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ูŠุชู… ูˆุถุน ุฃุซู…ู†ุฉ ุงู„ู†ูุท ุจุนูŠุฏุง ุนู† ุงู„ู‡ุงู…ุด.
07:00
And the OPEC nations
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ูˆุฏูˆู„ ุงู„ุฃูˆุจูƒ
07:03
are the ones that price the oil.
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ู‡ูŠ ุงู„ุชูŠ ุชุญุฏุฏ ุซู…ู† ุงู„ู†ูุท.
07:05
So where are we headed from here?
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ุฅุฐู† ุฅู„ู‰ ุฃูŠู† ู†ุชุฌู‡ ู…ู† ู‡ู†ุงุŸ
07:08
We're headed to natural gas.
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ู†ุญู† ู†ุชุฌู‡ ู†ุญูˆ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
07:11
Natural gas will do everything
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ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ุณูŠู‚ูˆู… ุจูƒู„ ุดูŠุก
07:13
we want it to do.
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ู†ุฑูŠุฏู‡ ู…ู†ู‡.
07:15
It's 130 octane fuel.
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ุฅู†ู‡ 130 ุฃูˆูƒุชุงู† ูˆู‚ูˆุฏ.
07:18
It's 25 percent cleaner than oil.
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ุฅู†ู‡ ุฃู†ุธู ุจ25 ููŠ ุงู„ู…ุฆุฉ ู…ู† ุงู„ู†ูุท.
07:21
It's ours, we have an abundance of it.
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ุฅู†ู‡ ู…ู„ูƒู†ุงุŒ ู„ุฏูŠู†ุง ูˆูุฑุฉ ู…ู†ู‡.
07:24
And it does not require a refinery.
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ูˆู„ุง ูŠุญุชุงุฌ ู…ุตูุงุฉ.
07:27
It comes out of the ground at 130 octane.
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ูŠุฃุชูŠ ู…ู† ุงู„ุฃุฑุถ ุจ130 ุฃูˆูƒุชุงู†.
07:29
Run it through the separator and you're ready to use it.
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ู†ู…ุฑุฑู‡ ู…ู† ุฎู„ุงู„ ุงู„ูุฑุงุฒุฉ ูˆู†ูƒูˆู† ู…ุณุชุนุฏูŠู† ู„ุงุณุชุฎุฏุงู…ู‡.
07:32
It's going to be very simple for us to use.
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ุณูŠูƒูˆู† ุงุณุชุฎุฏุงู…ู‡ ุจุณูŠุทุง ุฌุฏุง.
07:35
It's going to be simple to accomplish this.
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ุณูŠูƒูˆู† ู…ู† ุงู„ุณู‡ู„ ุฅู†ุฌุงุฒ ู‡ุฐุง.
07:37
You're going to find, and I'll tell you in just a minute,
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ุณุชุฌุฏูˆู†ุŒ ูˆุณุฃุฎุจุฑูƒู… ููŠ ุฏู‚ูŠู‚ุฉุŒ
07:39
what you're looking for to make it happen.
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ู…ุง ุชุจุญุซูˆู† ุนู†ู‡ ู„ุฌุนู„ู‡ ูŠุชุญู‚ู‚.
07:42
But here you can look at the list.
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ู„ูƒู† ู‡ู†ุง ูŠู…ูƒู†ูƒู… ุงู„ู†ุธุฑ ุฅู„ู‰ ุงู„ู„ุงุฆุญุฉ.
07:45
Natural gas will fit all of those.
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ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ุณูŠุชู†ุงุณุจ ู…ุน ูƒู„ ู‡ุฐุง.
07:48
It will replace or be able to be used for that.
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ุณูŠุนูˆุถ ุฃูˆ ุณูŠูƒูˆู† ู‚ุงุจู„ุง ู„ู„ุงุณุชุนู…ุงู„ ู…ู† ุฃุฌู„ ุฐู„ูƒ.
07:52
It's for power generation, transportation,
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ุณูŠุณุชุฎุฏู… ููŠ ุชูˆู„ูŠุฏ ุงู„ุทุงู‚ุฉ ูˆุงู„ุชู†ู‚ู„ุŒ
07:54
it's peaking fuel, it's all those.
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ุฅู†ู‡ ูˆู‚ูˆุฏ ุจู„ุบ ุฐุฑูˆุชู‡ุŒ ุฅู†ู‡ุง ูƒู„ ุฐู„ูƒ.
07:57
Do we have enough natural gas?
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ู‡ู„ ู„ุฏูŠู†ุง ู…ุง ูŠูƒููŠ ู…ู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŸ
08:00
Look at the bar on the left. It's 24 trillion.
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ุงู†ุธุฑูˆุง ุฅู„ู‰ ุงู„ุดุฑูŠุท ุนู„ู‰ ุงู„ูŠุณุงุฑ. ุฅู†ู‡ 24 ุชุฑูŠู„ูŠูˆู†.
08:03
It's what we use a year.
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ุฅู†ู‡ ู…ุง ู†ุณุชุฎุฏู…ู‡ ูƒู„ ุณู†ุฉ.
08:05
Go forward
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ุจุงู„ุชู‚ุฏู…
08:07
and the estimates that you have
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ูˆุงู„ุชู‚ุฏูŠุฑุงุช ุงู„ุชูŠ ู„ุฏูŠู†ุง
08:09
from the EIA and onto the industry estimates --
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ู‡ูŠ ู…ู† ุฅุฏุงุฑุฉ ู…ุนู„ูˆู…ุงุช ุงู„ุทุงู‚ุฉ ุนู„ู‰ ุชู‚ุฏูŠุฑุงุช ุงู„ุตู†ุงุนุฉ --
08:13
the industry knows what they're talking about --
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ุงู„ุตู†ุงุนุฉ ุชุนุฑู ู…ุง ุงู„ุฐูŠ ุชุชุญุฏุซ ุนู†ู‡ --
08:15
we've got 4,000 trillion cubic feet
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ู„ุฏูŠู†ุง 4,000 ุชุฑูŠู„ูŠูˆู† ู‚ุฏู… ู…ูƒุนุจ
08:18
of natural gas that's available to us.
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ู…ู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุฉ ู…ุชูˆูุฑุฉ ู„ู†ุง.
08:20
How does that translate
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ูƒูŠู ูŠุชุฑุฌู… ู‡ุฐุง
08:22
to barrels of oil equivalent?
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ุฅู„ู‰ ู…ุง ูŠูƒุงูุคู‡ ู…ู† ุงู„ู†ูุทุŸ
08:24
It would be three times
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ุณูŠูƒูˆู† ุซู„ุงุซุฉ ุฃุถุนุงุบ
08:26
what the Saudis claim they have.
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ู…ุง ูŠุฒุนู… ุงู„ุณุนูˆุฏูŠูˆู† ุฃู†ู‡ ู„ุฏูŠู‡ู….
08:28
And they claim they have 250 billion barrels of oil,
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ูˆู‡ู… ูŠุฒุนู…ูˆู† ุฃู†ู‡ ู„ุฏูŠู‡ู… 250 ู…ู„ูŠุงุฑ ุจุฑู…ูŠู„ ู…ู† ุงู„ู†ูุทุŒ
08:31
which I do not believe.
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ูˆู‡ูˆ ุฃู…ุฑ ู„ุง ุฃุตุฏู‚ู‡.
08:33
I think it's probably 175 billion barrels.
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ุฃุนุชู‚ุฏ ุฃู†ู‡ ุญูˆุงู„ูŠ 175 ู…ู„ูŠุงุฑ ุจุฑู…ูŠู„.
08:38
But anyway, whether they say they're right or whatever,
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ู„ูƒู† ุนู„ู‰ ูƒู„ ุญุงู„ุŒ ุณูˆุงุก ู‚ุงู„ูˆุง ุฃู†ู‡ู… ุนู„ู‰ ุญู‚ ุฃู… ุฃูŠุง ูƒุงู†ุŒ
08:41
we have plenty of natural gas.
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ู„ุฏูŠู†ุง ุงู„ูƒุซูŠุฑ ู…ู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
08:43
So I have tried to target
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ูˆุจุงู„ุชุงู„ูŠ ุญุงูˆู„ุช ุฃู† ุฃุณุชู‡ุฏู
08:45
on where we use the natural gas.
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ุญูŠุซ ู†ุณุชุฎุฏู… ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
08:47
And where I've targeted
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ูˆู…ุง ุงุณุชู‡ุฏูุชู‡
08:49
is on the heavy-duty trucks.
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ู‡ูˆ ุงู„ุดุงุญู†ุงุช ุงู„ุซู‚ูŠู„ุฉ.
08:51
There are eight million of them.
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ู‡ู†ุงูƒ ุซู…ุงู†ูŠุฉ ู…ู„ุงูŠูŠู† ู…ู†ู‡ุง.
08:53
You take eight million trucks --
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ุชุฃุฎุฐ ุซู…ุงู†ูŠุฉ ู…ู„ุงูŠูŠู† ุดุงุญู†ุฉ --
08:55
these are 18-wheelers --
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ู‡ุฐู‡ ุชุชูˆูุฑ ุนู„ู‰ 18 ุนุฌู„ุฉ --
08:57
and take them to natural gas,
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ูˆู†ุดุบู„ู‡ุง ุจุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŒ
08:59
reduce carbon by 30 percent,
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ู†ุฎูุถ ุงู„ูƒุฑุจูˆู† ุจ30 ููŠ ุงู„ู…ุฆุฉุŒ
09:02
it is cheaper
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ุฅู†ู‡ุง ุฃุฑุฎุต
09:04
and it will cut our imports
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ูˆุณูˆู ุชุฎูุถ ู…ู† ูˆุงุฑุฏุงุชู†ุง
09:07
three million barrels.
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ุซู„ุงุซุฉ ู…ู„ุงูŠูŠู† ุจุฑู…ูŠู„.
09:09
So you will cut 60 percent off of OPEC
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ูˆุจุงู„ุชุงู„ูŠ ุณู†ุฎูุถ 60 ููŠ ุงู„ู…ุฆุฉ ู…ู† ุงู„ุฃูˆุจูƒ
09:12
with eight million trucks.
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ุจุซู…ุงู†ูŠุฉ ู…ู„ุงูŠูŠู† ุดุงุญู†ุฉ.
09:14
There are 250 million vehicles in America.
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ู‡ู†ุงูƒ 250 ู…ู„ูŠูˆู† ุนุฑุจุฉ ุขู„ูŠุฉ ููŠ ุฃู…ุฑูŠูƒุง.
09:17
So what you have
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ูˆุจุงู„ุชุงู„ูŠ ู…ุง ู„ุฏูŠู†ุง
09:19
is natural gas is the bridge fuel,
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ู‡ูˆ ุฌุณุฑ ูˆู‚ูˆุฏ ู…ู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŒ
09:22
is the way I see it.
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ู‡ูƒุฐุง ุฃุฑุงู‡.
09:24
I don't have to worry
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ู„ูŠุณ ุนู„ูŠ ุฃู† ุฃู‚ู„ู‚
09:26
about the bridge to where at my age.
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ุจุฎุตูˆุต ุงู„ุฌุณุฑ ู†ุญูˆ ู…ุงุฐุง ููŠ ู…ุซู„ ุนู…ุฑูŠ.
09:29
(Laughter)
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(ุถุญูƒ)
09:31
That's your concern.
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ู‡ุฐุง ุดุฃู†ูƒู….
09:34
But when you look at the natural gas we have
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ู„ูƒู† ุญูŠู† ุชู†ุธุฑูˆู† ุฅู„ู‰ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ุงู„ุฐูŠ ู„ุฏูŠู†ุง
09:36
it could very well be
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ู‚ุฏ ูŠูƒูˆู† ุจุงู„ูุนู„
09:38
the bridge to natural gas,
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ุงู„ุฌุณุฑ ู†ุญูˆ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŒ
09:40
because you have plenty of natural gas.
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ู„ุฃู†ู‡ ู„ุฏูŠู†ุง ุงู„ูƒุซูŠุฑ ู…ู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
09:43
But as I said, I'm for anything American.
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ู„ูƒู† ูƒู…ุง ู‚ู„ุชุŒ ุฃู†ุง ู…ุน ุฃูŠ ุดูŠุก ุฃู…ุฑูŠูƒูŠ.
09:46
Now let me take you -- I've been a realist --
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ุงู„ุขู† ุฏุนูˆู†ูŠ ุขุฎุฐูƒู… -- ู‚ุฏ ูƒู†ุช ูˆุงู‚ุนูŠุง --
09:49
I went from theorist early to realist.
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ุงู†ุชู‚ู„ุช ู…ู† ู…ู†ุธุฑ ุฅู„ู‰ ูˆุงู‚ุนูŠ.
09:51
I'm back to theorist again.
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ูˆู‡ุง ุฃู†ุฐุง ุฃุนูˆุฏ ุฅู„ู‰ ุงู„ุชู†ุธูŠุฑ ู…ุฌุฏุฏุง.
09:53
If you look at the world,
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ุฅู† ู†ุธุฑุชู… ุฅู„ู‰ ุงู„ุนุงู„ู…ุŒ
09:56
you have methane hydrates in the ocean
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ู„ุฏูŠูƒู… ู‡ูŠุฏุฑุงุช ุงู„ู…ูŠุซุงู† ููŠ ุงู„ู…ุญูŠุท
09:59
around every continent.
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ุญูˆู„ ูƒู„ ู‚ุงุฑุฉ.
10:01
And here you can see methane,
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ูˆู‡ู†ุง ูŠู…ูƒู† ุฃู† ุชุฑูˆุง ุงู„ู…ูŠุซุงู†ุŒ
10:04
if that's the way you're going to go,
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ุฅู† ูƒุงู†ุช ุชู„ูƒ ุงู„ุทุฑูŠู‚ ุงู„ุชูŠ ุณู†ุณู„ูƒู‡ุงุŒ
10:06
that there's plenty of methane --
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ุฃู†ู‡ ู‡ู†ุงูƒ ุงู„ูƒุซูŠุฑ ู…ู† ุงู„ู…ูŠุซุงู† --
10:08
natural gas is methane,
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ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ู‡ูˆ ุงู„ู…ูŠุซุงู†ุŒ
10:10
methane and natural gas are interchangeable --
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ุงู„ู…ูŠุซุงู† ูˆุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ู‚ุงุจู„ุงู† ู„ู„ุชุจุฏูŠู„ --
10:12
but if you decide
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ู„ูƒู† ุฅู† ู‚ุฑุฑุชู…
10:14
that you're going to use some methane --
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ุฃู†ู‡ ุณุชู‚ูˆู…ูˆู† ุจุงุณุชุฎุฏุงู… ุจุนุถ ุงู„ู…ูŠุซุงู† --
10:16
and I'm gone, so it's up to you --
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ูˆุฃู†ุง ุฐุงู‡ุจุŒ ู„ุฐุง ูุงู„ุฃู…ุฑ ุฑู‡ูŠู† ุจูƒู… --
10:18
but we do have
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ู„ูƒู† ู„ุฏูŠู†ุง
10:20
plenty of methane hydrates.
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ุงู„ูƒุซูŠุฑ ู…ู† ู‡ูŠุฏุฑุงุช ุงู„ู…ูŠุซุงู†.
10:23
So I think I've made my point
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ูˆุจุงู„ุชุงู„ูŠ ุฃุนุชู‚ุฏ ุฃู†ู†ูŠ ู‚ุฏู…ุช ูˆุฌู‡ุฉ ู†ุธุฑูŠ
10:26
that we have to get on our own resources in America.
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ุฃู†ู‡ ุนู„ูŠู†ุง ุฃู† ู†ุณุชุฎุฏู… ู…ูˆุงุฑุฏู†ุง ููŠ ุฃู…ุฑูŠูƒุง.
10:31
If we do --
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ุฅู† ู‚ู…ู†ุง ุจุฐู„ูƒ --
10:34
it's costing us a billion dollars a day for oil.
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ุงู„ู†ูุท ูŠูƒู„ูู†ุง ู…ู„ูŠุงุฑ ุฏูˆู„ุงุฑ ูŠูˆู…ูŠุง.
10:37
And yet, we have no energy plan.
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ูˆู…ุน ุฐู„ูƒุŒ ู„ูŠุณุช ู„ุฏูŠู†ุง ุฎุทุฉ ู„ู„ุทุงู‚ุฉ.
10:40
So there's nothing going on
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ูˆุจุงู„ุชุงู„ูŠ ู„ุง ุดูŠุก ู…ู…ุง ูŠุญุฏุซ
10:43
that impresses me
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ูŠุจู‡ุฑู†ูŠ
10:46
in Washington on that plan,
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ููŠ ูˆุงุดู†ุทู† ุจุฎุตูˆุต ุชู„ูƒ ุงู„ุฎุทุฉุŒ
10:49
other than I'm trying to focus
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ุจุงุณุชุซู†ุงุก ุฃู†ู†ูŠ ุฃุญุงูˆู„ ุงู„ุชุฑูƒูŠุฒ
10:51
on that eight million 18-wheelers.
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ุนู„ู‰ ุงู„ุซู…ุงู†ูŠุฉ ู…ู„ุงูŠูŠู† ุงู„18-ุนุฌู„ูŠุฉ.
10:54
If we could do that,
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ุฅู† ุฃู…ูƒู†ู†ุง ุงู„ู‚ูŠุงู… ุจุฐู„ูƒุŒ
10:56
I think we would take our first step
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ุฃุธู†ู‡ ูŠู…ูƒู†ู†ุง ุฃู† ู†ุฎุทูˆ ุงู„ุฎุทูˆุฉ ุงู„ุฃูˆู„ู‰
10:58
to an energy plan.
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ู†ุญูˆ ุฎุทุฉ ุทุงู‚ูŠุฉ.
11:00
If we did, we could see
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ุฅู† ู‚ู…ู†ุง ุจุฐู„ูƒุŒ ูŠู…ูƒู†ู†ุง ุฃู† ู†ุฑู‰
11:02
that our own resources are easier to use
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ุฃู† ู…ูˆุงุฑุฏู†ุง ุงู„ุฎุงุตุฉ ุฃูƒุซุฑ ุณู‡ูˆู„ุฉ ู„ู„ุงุณุชุฎุฏุงู…
11:05
than anybody can imagine.
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ู…ู…ุง ู‚ุฏ ูŠุชุฎูŠู„ ุฃูŠ ูƒุงู†.
11:07
Thank you.
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ุดูƒุฑุง ู„ูƒู….
11:09
(Applause)
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(ุชุตููŠู‚)
11:17
Chris Anderson: Thanks for that.
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ูƒุฑูŠุณ ุฃู†ุฏุฑุณูˆู†: ุดูƒุฑุง ุนู„ู‰ ุฐู„ูƒ.
11:19
So from your point of view,
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ุฅุฐู† ู…ู† ูˆุฌู‡ุฉ ู†ุธุฑูŠุŒ
11:21
you had this great Pickens Plan
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ูƒุงู†ุช ู„ุฏูŠูƒ ุฎุทุฉ ุจูŠูƒู†ุฒ ู‡ุงุชู‡ ุงู„ุนุธูŠู…ุฉ
11:23
that was based on wind energy,
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ูˆุงู„ุชูŠ ูƒุงู†ุช ู…ุนุชู…ุฏุฉ ุนู„ู‰ ุทุงู‚ุฉ ุงู„ุฑูŠุงุญุŒ
11:26
and you abandoned it basically
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ูˆู‚ุฏ ุชุฎู„ูŠุช ุนู†ู‡ุง ุฃุณุงุณุง
11:28
because the economics changed.
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ู„ุฃู† ุงู„ุฅู‚ุชุตุงุฏ ุชุบูŠุฑ.
11:30
What happened?
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ู…ุง ุงู„ุฐูŠ ุญุฏุซุŸ
11:32
TBP: I lost 150 million dollars.
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ุช.ุจ.ุจ: ุฎุณุฑุช 150 ู…ู„ูŠูˆู† ุฏูˆู„ุงุฑ.
11:34
(Laughter)
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(ุถุญูƒ)
11:36
That'll make you abandon something.
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ุฐู„ูƒ ุณูŠุฌุนู„ูƒ ุชุชุฎู„ู‰ ุนู† ุดูŠุก.
11:39
No, what happened to us, Chris,
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ู„ุงุŒ ู…ุง ุญุฏุซ ู„ู†ุง ูŠุง ูƒุฑูŠุณุŒ
11:42
is that power, it's priced off the margin.
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ู‡ูˆ ุฃู† ุงู„ุทุงู‚ุฉ ูŠุชู… ุชุณุนูŠุฑู‡ุง ุฎุงุฑุฌ ุงู„ู‡ุงู…ุด.
11:48
And so the margin is natural gas.
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ูˆุจุงู„ุชุงู„ูŠ ุงู„ู‡ุงู…ุด ู‡ูˆ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
11:51
And at the time I went into the wind business,
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ูˆููŠ ุงู„ูˆู‚ุช ุงู„ุฐูŠ ุฏุฎู„ุช ููŠู‡ ู…ุฌุงู„ ุฃุนู…ุงู„ ุงู„ุทุงู‚ุฉ ุงู„ุฑูŠุญูŠุฉุŒ
11:53
natural gas was nine dollars.
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ูƒุงู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ุจุชุณุนุฉ ุฏูˆู„ุงุฑุงุช.
11:55
Today it's two dollars and forty cents.
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ุงู„ูŠูˆู… ู‡ูˆ ุฏูˆู„ุงุฑุงู† ูˆุฃุฑุจุนูˆู† ุณู†ุชุง.
11:58
You cannot do a wind deal
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ู„ุง ูŠู…ูƒู†ูƒ ุงู„ู‚ูŠุงู… ุจุตูู‚ุฉ ุทุงู‚ุฉ ุฑูŠุญูŠุฉ
12:00
under six dollars an MCF.
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ุจุฃู‚ู„ ู…ู† ุณุชุฉ ุฏูˆู„ุงุฑุงุช ููŠ ุฃู„ู ู‚ุฏู… ู…ูƒุนุจ.
12:02
CA: So what happened was
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ูƒ.ุฃ: ูˆุจุงู„ุชุงู„ูŠ ู…ุง ุญุฏุซ ู‡ูˆ
12:04
that, through increased ability
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ุฃู†ู‡ุŒ ู…ู† ุฎู„ุงู„ ุงู„ู‚ุฏุฑุฉ ุงู„ู…ุชุฒุงูŠุฏุฉ
12:08
to use fracking technology,
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ู„ุงุณุชุฎุฏุงู… ุชู‚ู†ูŠุฉ ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠุŒ
12:10
the calculated reserves of natural gas kind of exploded
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ู…ุฏุฎุฑุงุช ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ุงู„ู…ุญุณูˆุจุฉ ุงู†ูุฌุฑุช ู†ูˆุนุง ู…ุง
12:13
and the price plummeted,
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ูุงู†ุฎูุถ ุงู„ุซู…ู†ุŒ
12:16
which made wind uncompetitive.
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ุงู„ุฃู…ุฑ ุงู„ุฐูŠ ุฌุนู„ ุงู„ุทุงู‚ุฉ ุงู„ุฑูŠุญูŠุฉ ุบูŠุฑ ู‚ุงุฏุฑุฉ ุนู„ู‰ ุงู„ู…ู†ุงูุณุฉ.
12:18
In a nutshell that's what happened?
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ุฐุงูƒ ู…ุง ุญุตู„ ุจุงุฎุชุตุงุฑุŸ
12:20
TBP: That's what happened.
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ุช.ุจ.ุจ: ุฐุงูƒ ู…ุง ุญุฏุซ.
12:22
We found out that we could go to the source rock,
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ุงูƒุชุดูู†ุง ุฃู†ู‡ ุจุฅู…ูƒุงู†ู†ุง ุงู„ุฐู‡ุงุจ ุฅู„ู‰ ุงู„ู…ุตุฏุฑ ุงู„ุตุฎุฑูŠุŒ
12:24
which were the carboniferous shales in the basins.
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ูˆุงู„ุฐูŠ ูƒุงู† ููŠ ุงู„ุตุฎูˆุฑ ุงู„ุตููŠุญูŠุฉ ุงู„ูุญู…ูŠุฉ ููŠ ุงู„ุฃุญูˆุงุถ.
12:27
The first one was Barnett Shale in Texas
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ุฃูˆู„ู‡ุง ูƒุงู†ุช ุณุฌูŠู„ ุจุงุฑู†ูŠุช ููŠ ุชูƒุณุงุณ
12:30
and then the Marcellus up in the Northeast
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ูˆู…ู† ุซู… ู…ุงุฑุณูŠู„ูˆุณ ููŠ ุงู„ุดู…ุงู„ ุงู„ุดุฑู‚ูŠ
12:33
across New York, Pennsylvania, West Virginia;
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ุนู„ู‰ ุงู…ุชุฏุงุฏ ู†ูŠูˆูŠูˆุฑูƒ ูˆุจู†ุณู„ูุงู†ูŠุง ูˆูุฑุฌูŠู†ูŠุง ุงู„ุบุฑุจูŠุฉุ›
12:36
and Haynesville in Louisiana.
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ูˆู‡ุงูŠู†ุณููŠู„ ููŠ ู„ูˆูŠุฒูŠุงู†ุง.
12:38
This stuff is everywhere.
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ู‡ุฐู‡ ุงู„ุฃุดูŠุงุก ู…ูˆุฌูˆุฏุฉ ููŠ ูƒู„ ู…ูƒุงู†.
12:40
We are overwhelmed with natural gas.
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ู†ุญู† ุบุงุฑู‚ูˆู† ููŠ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
12:42
CA: And now you're a big investor in that and bringing that to market?
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ูƒ.ุฃ: ูˆุงู„ุขู† ุฃู†ุช ู…ุณุชุซู…ุฑ ูƒุจูŠุฑ ููŠ ุฐู„ูƒ ูˆุณุชุฃุชูŠ ุจู‡ ุฅู„ู‰ ุงู„ุณูˆู‚ุŸ
12:46
TBP: Well you say a big investor.
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ุช.ุจ.ุจ: ุญุณู†ุง ุฃู†ุช ุชู‚ูˆู„ ู…ุณุชุซู…ุฑ ูƒุจูŠุฑ.
12:48
It's my life.
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ุฅู†ู‡ุง ุญูŠุงุชูŠ.
12:50
I'm a geologist, got out of school in '51,
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ุฃู†ุง ุนุงู„ู… ุฌูŠูˆู„ูˆุฌูŠุงุŒ ุบุงุฏุฑุช ุงู„ุฌุงู…ุนุฉ ุณู†ุฉ 51.
12:52
and I've been in the industry my entire life.
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ูˆู‚ุฏ ูƒู†ุช ููŠ ุงู„ุตู†ุงุนุฉ ุทูˆู„ ุญูŠุงุชูŠ.
12:54
Now I do own stocks.
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ุงู„ุขู† ุฃู†ุง ุฃู…ู„ูƒ ุฃุณู‡ู…ุง.
12:57
I'm not a big natural gas producer.
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ู„ุณุช ู…ู†ุชุฌุง ุถุฎู…ุง ู„ู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
13:00
Somebody the other day said
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ู‚ุงู„ ุฃุญุฏู‡ู… ู‚ุจู„ ุฃูŠุงู…
13:02
I was the second largest natural gas producer in the United States.
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ุฃู†ู†ูŠ ุซุงู†ูŠ ุฃูƒุจุฑ ู…ู†ุชุฌ ู„ู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ููŠ ุงู„ูˆู„ุงูŠุงุช ุงู„ู…ุชุญุฏุฉ.
13:04
Don't I wish.
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ุฃู„ุณุช ุฃุชู…ู†ู‰ ุฐู„ูƒ.
13:06
But no, I'm not. I own stocks.
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ู„ูƒู† ู„ุงุŒ ู„ุณุช ูƒุฐู„ูƒ. ุฃู…ู„ูƒ ุฃุณู‡ู…ุง.
13:09
But I also am in the fueling business.
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ู„ูƒู†ู†ูŠ ูƒุฐู„ูƒ ููŠ ู…ุฌุงู„ ุฃุนู…ุงู„ ุงู„ูˆู‚ูˆุฏ.
13:12
CA: But natural gas is a fossil fuel.
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ูƒ.ุฃ: ู„ูƒู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ู‡ูˆ ูˆู‚ูˆุฏ ุฃุญููˆุฑูŠ.
13:15
You burn it,
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ุชุญุฑู‚ู‡ุŒ
13:17
you release CO2.
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ุชุทู„ู‚ ุซู†ุงุฆูŠ ุฃูƒุณูŠุฏ ุงู„ูƒุฑุจูˆู†.
13:19
So you believe in the threat of climate change.
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ุญุณู†ุง ุชุคู…ู† ุจุฎุทุฑ ุงู„ุชุบูŠุฑ ุงู„ู…ู†ุงุฎูŠ.
13:23
Why doesn't that prospect
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ู„ู…ุงุฐุง ู„ุง ูŠู‡ู…ูƒ
13:25
concern you?
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ุฐู„ูƒ ุงู„ุฃูู‚ุŸ
13:27
TBP: Well you're going to have to use something.
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ู€ุช.ุจ.ุจ: ุญุณู†ุง ุนู„ูŠู†ุง ุฅุณุชุฎุฏุงู… ุดูŠุก ู…ุง.
13:30
What do you have to replace it?
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ู…ุง ุงู„ุฐูŠ ู„ุฏูŠูƒ ู„ุชุนูˆุถู‡ ุจู‡ุŸ
13:34
(Laughter)
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(ุถุญูƒ)
13:39
CA: No, no. The argument that it's a bridge fuel makes sense,
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ูƒ.ุฃ: ู„ุงุŒ ู„ุง. ุญุฌุฉ ุฃู†ู‡ ุฌุณุฑ ูˆู‚ูˆุฏ ู…ู†ุทู‚ูŠุฉุŒ
13:42
because the amount of CO2 per unit of energy
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ู„ุฃู† ูƒู…ูŠุฉ ุซู†ุงุฆูŠ ุฃูƒุณูŠุฏ ุงู„ูƒุฑุจูˆู† ููŠ ูˆุญุฏุฉ ุงู„ุทุงู‚ุฉ
13:46
is lower than oil and coal, correct?
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ู‡ูŠ ุฃู‚ู„ ู…ู† ุงู„ู†ูุท ูˆุงู„ูุญู…ุŒ ุตุญูŠุญุŸ
13:49
And so everyone can be at least happy
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ูˆุจุงู„ุชุงู„ูŠ ุงู„ุฌู…ูŠุน ูŠู…ูƒู†ู‡ ุฃู† ูŠูƒูˆู† ุนู„ู‰ ุงู„ุฃู‚ู„ ูุฑุญุง
13:52
to see a shift from coal or oil to natural gas.
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ุจุฑุคูŠุฉ ุชุญูˆู„ ู…ู† ุงู„ูุญู… ูˆุงู„ู†ูุท ู†ุญูˆ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ.
13:55
But if that's it
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ู„ูƒู† ุฅู† ูƒุงู† ุงู„ุฃู…ุฑ ูƒุฐู„ูƒ
13:57
and that becomes the reason
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ูˆุฐู„ูƒ ูŠุตุจุญ ุงู„ุณุจุจ ููŠ
13:59
that renewables don't get invested in,
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ุฃู† ุงู„ุทุงู‚ุงุช ุงู„ู…ุชุฌุฏุฏุฉ ู„ุง ูŠุณุชุซู…ุฑ ููŠู‡ุงุŒ
14:02
then, long-term, we're screwed anyway, right?
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ุฅุฐู†ุŒ ุนู„ู‰ ุงู„ู…ุฏู‰ ุงู„ุทูˆูŠู„ุŒ ู†ุญู† ููŠ ูˆุฑุทุฉุŒ ุฃู„ูŠุณ ูƒุฐู„ูƒุŸ
14:05
TBP: Well I'm not ready to give up,
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ุช.ุจ.ุจ: ุญุณู†ุง ู„ุณุช ู…ุณุชุนุฏุง ู„ู„ุงุณุชุณู„ุงู…ุŒ
14:07
but Jim and I talked
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ู„ูƒู† ุฃู†ุง ูˆุฌูŠู… ุชุญุฏุซู†ุง
14:09
there as he left,
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ู‡ู†ุงูƒ ูˆู‡ูˆ ูŠุบุงุฏุฑุŒ
14:11
and I said, "How do you feel about natural gas?"
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ูˆู‚ู„ุชุŒ "ูƒูŠู ุชุดุนุฑ ุญูŠุงู„ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŸ"
14:13
And he said, "Well it's a bridge fuel, is what it is."
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ูˆู‚ุฏ ู‚ุงู„ุŒ "ุญุณู†ุงุŒ ุฅู†ู‡ ุฌุณุฑ ูˆู‚ูˆุฏุŒ ุฐู„ูƒ ู…ุง ู‡ูˆ ุนู„ูŠู‡."
14:16
And I said, "Bridge to what?
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ูู‚ู„ุชุŒ "ุฌุณุฑ ุฅู„ู‰ ู…ุงุฐุงุŸ
14:18
Where are we headed?"
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ุฅู„ู‰ ุฃูŠู† ู†ุชุฌู‡ุŸ"
14:20
See but again, I told you, I don't have to worry with that.
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ู‡ู„ ุชุฑู‰ ุฐู„ูƒุŒ ู„ูƒู† ู…ุฌุฏุฏ ูƒู…ุง ุฃุฎุจุฑุชูƒุŒ ู„ูŠุณ ุนู„ูŠ ุฃู† ุฃู‡ุชู… ู„ุฐู„ูƒ.
14:22
You all do.
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ุงู„ุฃู…ุฑ ุญุฑูŠ ุจูƒู….
14:24
CA: But I don't think that's right, Boone.
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ูƒ.ุฃ: ู„ูƒู† ู„ุง ุฃุธู† ุฃู† ุฐู„ูƒ ุตุญูŠุญุŒ ุจูˆู†.
14:26
I think you're a person who believes in your legacy.
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ุฃุนุชู‚ุฏ ุฃู†ูƒ ุดุฎุต ูŠุคู…ู† ุจุงู„ุฅุฑุซ.
14:29
You've made the money you need.
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ู„ู‚ุฏ ุฌู†ูŠุช ุงู„ู…ุงู„ ุงู„ุฐูŠ ุงุญุชุฌุช ุฅู„ูŠู‡.
14:31
You're one of the few people in a position
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ุฃู†ุช ู…ู† ุจูŠู† ุงู„ุฃุดุฎุงุต ุงู„ู‚ู„ูŠู„ูŠู† ุงู„ุฐูŠู† ู‡ู… ููŠ ูˆุถุน ูŠุณู…ุญ ู„ู‡ู…
14:34
to really swing the debate.
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ุญู‚ุง ุจุงู„ุชู†ุงุธุฑ.
14:37
Do you support the idea of some kind of price on carbon?
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ู‡ู„ ุชุคูŠุฏ ููƒุฑุฉ ูˆุถุน ู†ูˆุน ู…ู† ุงู„ุซู…ู† ุนู„ู‰ ุงู„ูƒุฑุจูˆู†ุŸ
14:40
Does that make sense?
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ู‡ู„ ุฐู„ูƒ ู…ู†ุทู‚ูŠุŸ
14:42
TBP: I don't like that
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ุช.ุจ.ุจ: ู„ุง ูŠุนุฌุจู†ูŠ ุฐู„ูƒ
14:44
because it ends up the government is going to run the program.
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ู„ุฃู†ู‡ ููŠ ุงู„ู†ู‡ุงูŠุฉ ุณุชุฏูŠุฑ ุงู„ุญูƒูˆู…ุฉ ุงู„ุจุฑู†ุงู…ุฌ.
14:47
I can tell you it will be a failure.
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ุฃุณุชุทูŠุน ุฃู† ุฃุฎุจุฑูƒ ุฃู† ู‡ุฐู‡ ุณุชูƒูˆู† ุฎุณุงุฑุฉ.
14:49
The government is not successful
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ุงู„ุญูƒูˆู…ุฉ ู„ูŠุณุช ู†ุงุฌุญุฉ
14:52
on these things.
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ููŠ ู‡ุงุชู‡ ุงู„ุฃุดูŠุงุก.
14:54
They just aren't, it's a bad deal.
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ุฅู†ู‡ู… ูู‚ุท ู„ูŠุณูˆ ูƒุฐู„ูƒุŒ ุฅู†ู‡ุง ุตูู‚ุฉ ุณูŠุฆุฉ.
14:57
Look at Solyndra, or whatever it was.
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ุงู†ุธุฑูˆุง ุฅู„ู‰ ุณูˆู„ูŠู†ุฏุฑุงุŒ ุฃูˆ ุฃูŠุง ูƒุงู†ุช.
15:00
I mean, that was told to be a bad idea 10 times,
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ุฃู‚ุตุฏุŒ ู„ู‚ุฏ ุชู… ุงู„ู‚ูˆู„ ุจุฃู†ู‡ุง ููƒุฑุฉ ุณูŠุฆุฉ 10 ู…ุฑุงุชุŒ
15:02
they went ahead and did it anyway.
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ู„ูƒู†ู‡ู… ู…ุถูˆุง ู‚ุฏู…ุง ูˆู‚ุงู…ูˆุง ุจุฐู„ูƒ ุนู„ู‰ ูƒู„ ุญุงู„.
15:04
But that only blew out 500 million.
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ู„ูƒู† ุฐู„ูƒ ุถูŠุน 500 ู…ู„ูŠูˆู† ูู‚ุท.
15:07
I think it's closer to a billion.
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ุฃุธู†ู‡ุง ู‚ุฑูŠุจุฉ ู…ู† ุงู„ู…ู„ูŠุงุฑ.
15:10
But Chris, I think where we're headed,
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ู„ูƒู† ูŠุง ูƒุฑูŠุณุŒ ุฃุธู† ุฃู†ู‡ ุฅู„ู‰ ุญูŠุซ ู†ุชุฌู‡ุŒ
15:13
the long-term,
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ุนู„ู‰ ุงู„ู…ุฏู‰ ุงู„ุทูˆูŠู„ุŒ
15:16
I don't mind going back to nuclear.
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ู„ุง ุฃู…ุงู†ุน ููŠ ุงู„ุนูˆุฏุฉ ุฅู„ู‰ ุงู„ู†ูˆูˆูŠ.
15:18
And I can tell you what the last page
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ูˆุฃุณุชุทูŠุน ุฃู† ุฃุฎุจุฑูƒ ุจุฎุตูˆุต ุงู„ุตูุญุฉ ุงู„ุฃุฎูŠุฑุฉ
15:20
of the report that will take them five years to write
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ู„ู„ุชู‚ุฑูŠุฑ ุงู„ุฐูŠ ุงุณุชุบุฑู‚ู‡ู… ุฎู…ุณ ุณู†ูˆุงุช ู„ูƒุชุงุจุชู‡
15:22
will be.
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ูˆู…ุง ุณุชูƒูˆู† ุนู„ูŠู‡.
15:24
One, don't build a reformer on a fault.
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ุฃูˆู„ุงุŒ ู„ุง ุชุจู†ูˆุง ุงู„ุฅุตู„ุงุญ ุนู„ู‰ ุฎุทุฃ.
15:27
(Laughter)
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(ุถุญูƒ)
15:29
And number two,
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ุซุงู†ูŠุงุŒ
15:31
do not build a reformer on the ocean.
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ู„ุง ุชุจู†ูˆุง ุงู„ุฅุตู„ุงุญ ุนู„ู‰ ุงู„ุจุญุฑ.
15:34
And now I think reformers are safe.
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ุฃุธู† ุงู„ุขู† ุฃู† ุงู„ุฅุตู„ุงุญูŠุงุช ุขู…ู†ุฉ.
15:37
Move them inland
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ุงู†ู‚ู„ูˆู‡ุง ุฅู„ู‰ ุงู„ุจุฑ
15:39
and on very stable ground
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ูˆุนู„ู‰ ุฃุฑุถ ุซุงุจุชุฉ
15:43
and build the reformers.
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ูˆุงุจู†ูˆุง ุงู„ุฅุตู„ุงุญูŠุงุช.
15:45
There isn't anything wrong with nuke.
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ู„ูŠุณ ู‡ู†ุงูƒ ุฃูŠ ุดูŠุก ุฎุงุทุฆ ุจุฎุตูˆุต ุงู„ู†ูˆูˆูŠ.
15:47
You're going to have to have energy. There is no question.
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ุณู†ุชูˆูุฑ ุนู„ู‰ ุงู„ุทุงู‚ุฉ. ู„ูŠุณ ู‡ู†ุงูƒ ุณุคุงู„.
15:49
You can't -- okay.
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ู„ุง ุชุณุชุทูŠุนูˆู† -- ุญุณู†ุง.
15:51
CA: One of the questions from the audience
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ูƒ.ุฃ: ุฃุญุฏ ุงู„ุฃุณุฆู„ุฉ ู…ู† ุงู„ุญุถูˆุฑ
15:54
is, with fracking and the natural gas process,
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ู‡ูˆุŒ ู…ุน ุนู…ู„ูŠุฉ ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ ูˆุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŒ
15:57
what about the problem of methane leaking from that,
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ู…ุงุฐุง ุนู† ู…ุดูƒู„ ุชุณุฑุจ ุงู„ู…ูŠุซุงู† ู…ู† ุฐู„ูƒุŒ
16:00
methane being a worse global warming gas
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ูƒูˆู† ุงู„ู…ูŠุซุงู† ุบุงุฒ ุงุญุชุฑุงุฑ ุนุงู„ู…ูŠ ุฃุณูˆุฃ
16:02
than CO2?
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ู…ู† ุซู†ุงุฆูŠ ุฃูƒุณูŠุฏ ุงู„ูƒุฑุจูˆู†ุŸ
16:04
Is that a concern?
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ู‡ู„ ู‡ุฐุง ู…ุตุฏุฑ ู‚ู„ู‚ุŸ
16:06
TBP: Fracking? What is fracking?
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ุช.ุจ.ุจ: ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠุŸ ู…ุง ู‡ูˆ ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠุŸ
16:08
CA: Fracking.
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ูƒ.ุฃ: ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ.
16:11
TBP: I'm teasing.
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ุช.ุจ.ุจ: ุฃู†ุง ุฃู…ุฒุญ.
16:13
(Laughter)
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(ุถุญูƒ)
16:15
CA: We've got a little bit of accent incompatibility here, you know.
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ูƒ.ุฃ: ู„ุฏูŠู†ุง ู‡ู†ุง ู†ูˆุน ู…ู† ุนุฏู… ุงู„ุชูˆุงูู‚ ููŠ ุงู„ู„ู‡ุฌุฉุŒ ุชุนุฑู.
16:19
TBP: No, let me tell you,
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ุช.ุจ.ุจ: ู„ุงุŒ ุฏุนู†ูŠ ุฃุฎุจุฑูƒุŒ
16:21
I've told you what my age was.
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ู„ู‚ุฏ ุฃุฎุจุฑุชูƒ ุจุนู…ุฑูŠ.
16:23
I got out of school in '51.
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ุบุงุฏุฑุช ุงู„ุฌุงู…ุนุฉ ุณู†ุฉ 51.
16:25
I witnessed my first frack job
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ุนุงูŠู†ุช ุฃูˆู„ ู…ู‡ู†ุฉ ุชูƒุณูŠุฑ ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ
16:27
at border Texas in 1953.
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ุนู„ู‰ ุญุฏูˆุฏ ุชูƒุณุงุณ ุณู†ุฉ 1953.
16:29
Fracking came out in '47,
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ุจุฏุฃ ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ ุณู†ุฉ 1947ุŒ
16:31
and don't believe for a minute
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ูˆู„ุง ุชุตุฏู‚ูˆุง ู„ู„ุญุธุฉ
16:33
when our president gets up there
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ุญูŠู† ูŠู‚ู ุงู„ุฑุฆูŠุณ ู‡ู†ุงูƒ
16:35
and says the Department of Energy 30 years ago
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ูˆูŠู‚ูˆู„ ุฃู† ุฅุฏุงุฑุฉ ุงู„ุทุงู‚ุฉ ูˆู‚ุจู„ 30 ุณู†ุฉ
16:38
developed fracking.
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ุทูˆุฑุช ุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ.
16:40
I don't know what in the hell he's talking about.
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ู„ุง ุฃุนุฑู ู…ุง ุงู„ุฐูŠ ูŠุชุญุฏุซ ุนู†ู‡ ุจุญู‚ ุงู„ุฌุญูŠู….
16:43
I mean seriously, the Department of Energy
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ุฃู‚ุตุฏ ุฌุฏูŠุงุŒ ุฅุฏุฑุงุฉ ุงู„ุทุงู‚ุฉ
16:45
did not have anything to do with fracking.
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ู„ู… ุชูƒู† ู„ุฏูŠู‡ุง ุฃูŠุฉ ุนู„ุงู‚ุฉ ุจุงู„ุชูƒุณูŠุฑ ุงู„ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ.
16:48
The first frack job was in '47.
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ุฃูˆู„ ู…ู‡ู…ุฉ ุชูƒุณูŠุฑ ู‡ูŠุฏุฑูˆู„ูŠูƒูŠ ูƒุงู†ุช ุณู†ุฉ 1947.
16:50
I saw my first one in '53.
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ุฑุฃูŠุช ุฃูˆู„ ูˆุงุญุฏุฉ ุณู†ุฉ 1953.
16:53
I've fracked over 3,000 wells in my life.
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ู„ู‚ุฏ ู‚ู…ุช ุจุงู„ุชูƒุณูŠุฑ ุงู„ุฃุญููˆุฑูŠ ุนู„ู‰ ุงู…ุชุฏุงุฏ 3000 ุจุฆุฑ ููŠ ุญูŠุงุชูŠ.
16:56
Never had a problem
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ู„ู… ูŠุญุตู„ ู„ูŠ ู‚ุท ู…ุดูƒู„
16:58
with messing up an aquifer or anything else.
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ุงู„ุนุจุซ ุจุทุจู‚ุฉ ู…ูŠุงู‡ ุฌูˆููŠุฉ ุฃูˆ ุฃูŠ ุดูŠุก ุขุฎุฑ.
17:00
Now the largest aquifer in North America
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ุงู„ุขู† ุฃูƒุจุฑ ุทุจู‚ุฉ ู…ูŠุงู‡ ุฌูˆููŠุฉ ููŠ ุดู…ุงู„ ุฃู…ุฑูŠูƒุง
17:03
is from Midland, Texas to the South Dakota border,
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ู‡ูŠ ู…ู† ู…ูŠุฏู„ุงู†ุฏ ุจุชูƒุณุงุณ ุฅู„ู‰ ุญุฏูˆุฏ ุฏุงูƒูˆุชุง ุงู„ุฌู†ูˆุจูŠุฉุŒ
17:06
across eight states --
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ุนู„ู‰ ุงู…ุชุฏุงุฏ ุซู…ุงู†ูŠุฉ ูˆู„ุงูŠุงุช --
17:08
big aquifer:
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ุทุจู‚ุฉ ู…ูŠุงู‡ ุฌูˆููŠุฉ ูƒุจูŠุฑุฉ:
17:10
Ogallala, Triassic age.
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ุฃูˆุบุงู„ุงู„ุง ู…ู† ุงู„ุญู‚ุจุฉ ุงู„ุชุฑูŠุงุณูŠุฉ.
17:13
There had to have been 800,000 wells fracked
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ู„ู‚ุฏ ุชู… ุชูƒุณูŠุฑ 800,000 ุจุฆุฑ ู‡ูŠุฏุฑูˆู„ูŠูƒูŠุง
17:16
in Oklahoma, Texas, Kansas
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ููŠ ุฃูˆูƒู„ุงู‡ูˆู…ุง ูˆุชูƒุณุงุณุง ูˆูƒู†ุณุงุณ
17:19
in that aquifer.
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ููŠ ุทุจู‚ุฉ ุงู„ู…ูŠุงู‡ ุงู„ุฌูˆููŠุฉ ุชู„ูƒ.
17:21
There's no problems.
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ู„ูŠุณุช ู‡ู†ุงูƒ ุฃูŠุฉ ู…ุดุงูƒู„.
17:23
I don't understand why
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ู„ุง ุฃูู‡ู… ู„ู…ุงุฐุง
17:25
the media is focused on Eastern Pennsylvania.
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ุฑูƒุฒ ุงู„ุฅุนู„ุงู… ุนู„ู‰ ุดุฑู‚ ุจู†ุณู„ูุงู†ูŠุง.
17:29
CA: All right, so you don't support a carbon tax of any kind
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ูƒ.ุฃ: ุญุณู†ุง ุฅุฐู† ุฃู†ุช ู„ุง ุชุฏุนู… ุงู„ุถุฑุงุฆุจ ุนู„ู‰ ุงู„ูƒุฑุจูˆู† ู…ู† ุฃูŠ ู†ูˆุน
17:32
or a price on carbon.
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ุฃูˆ ุชุณุนูŠุฑ ุงู„ูƒุฑุจูˆู†.
17:34
Your picture then I guess
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ุตูˆุฑุชูƒ ุฅุฐู† ุญุณุจ ุงุนุชู‚ุงุฏูŠ
17:37
of how the world eventually gets off fossil fuels
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ู„ูƒูŠู ู‚ุฏ ูŠุชุฎู„ู‰ ุงู„ุนุงู„ู… ุนู† ุงู„ูˆู‚ูˆุฏ ุงู„ุฃุญููˆุฑูŠ ููŠ ุงู„ู†ู‡ุงูŠุฉ
17:39
is through innovation ultimately,
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ู‡ูŠ ุฃุณุงุณุง ุนู† ุทุฑูŠู‚ ุงู„ุฅุจุชูƒุงุฑุŒ
17:42
that we'll someday make solar and nuclear cost competitive?
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ุฃู†ู†ุง ุณู†ุฌุนู„ ุงู„ุทุงู‚ุฉ ุงู„ุดู…ุณูŠุฉ ูˆุงู„ู†ูˆูˆูŠุฉ ุชู†ุงูุณูŠุฉ ูŠูˆู…ุง ู…ุงุŸ
17:47
TBP: Solar and wind, Jim and I agreed on that in 13 seconds.
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ุช.ุจ.ุจ: ุงู„ุดู…ุณ ูˆุงู„ุฑูŠุงุญุŒ ุฃู†ุง ูˆุฌูŠู† ุงุชูู‚ู†ุง ุนู„ู‰ ุฐู„ูƒ ููŠ 13 ุซุงู†ูŠุฉ.
17:51
That is, it's going to be a small part,
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ุฐู„ูƒ ูŠุนู†ูŠุŒ ุฃู†ู‡ุง ุณุชูƒูˆู† ุฌุฒุก ุตุบูŠุฑุงุŒ
17:53
because you can't rely on it.
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ู„ุฃู†ู‡ ู„ุง ูŠู…ูƒู† ุฃู† ู†ุนุชู…ุฏ ุนู„ูŠู‡ุง.
17:55
CA: So how does the world get off fossil fuels?
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ูƒ.ุฃ: ุฅุฐู† ูƒูŠู ูŠุชุฎู„ู‰ ุงู„ุนุงู„ู… ุนู† ุงู„ูˆู‚ูˆุฏ ุงู„ุฃุญููˆุฑูŠุŸ
17:57
TBP: How do we get there?
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ุช.ุจ.ุจ: ูƒูŠู ู†ุตู„ ู‡ู†ุงูƒุŸ
17:59
We have so much natural gas,
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ู„ุฏูŠู†ุง ุงู„ูƒุซูŠุฑ ู…ู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŒ
18:01
a day will not come
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ู„ู† ูŠุฃุชูŠ ูŠูˆู…
18:03
where you say, "Well let's don't use that anymore."
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ุญูŠุซ ุชู‚ูˆู„ุŒ "ุญุณู†ุง ุฏุนูˆู†ุง ู„ุง ู†ุณุชุฎุฏู… ุฐู„ูƒ ุจุนุฏ ุงู„ุขู†".
18:05
You'll keep using it. It is the cleanest of all.
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ุณู†ูˆุงุตู„ ุงุณุชุฎุฏุงู…ู‡. ุฅู†ู‡ ุงู„ุฃู†ุธู ุนู„ู‰ ุงู„ุฅุทู„ุงู‚.
18:08
And if you look at California,
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ูˆุฅู† ู†ุธุฑุชู… ุฅู„ู‰ ูƒุงู„ูŠููˆุฑู†ูŠุงุŒ
18:10
they use 2,500 buses.
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ูŠุณุชุฎุฏู…ูˆู† 2,500 ุญุงูู„ุฉ.
18:12
LAMTA have been on natural gas
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ู„ุงู…ุชุง ุงุดุชุบู„ุช ุนู„ู‰ ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ
18:16
for 25 years.
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ู„ู…ุฏุฉ 25 ุณู†ุฉ.
18:18
The Ft. Worth T
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ููˆุฑุช ูˆูˆุฑุซ ุชูŠ
18:20
has been on it for 25 years.
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ุงุดุชุบู„ุช ุนู„ูŠู‡ ู„ู…ุฏุฉ 25 ุณู†ุฉ.
18:22
Why? Air quality was the reason they used natural gas
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ู„ู…ุงุฐุงุŸ ุฌูˆุฏุฉ ุงู„ู‡ูˆุงุก ูƒุงู†ุช ุณุจุจ ุงุณุชุฎุฏุงู…ู‡ู… ู„ู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ
18:25
and got away from diesel.
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ูุงุจุชุนุฏูˆุง ุนู† ุงู„ุฏูŠุฒู„.
18:27
Why are all the trash trucks today in Southern California
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ู„ู…ุงุฐุง ูƒู„ ุดุงุญู†ุงุช ุงู„ู‚ู…ุงู…ุฉ ููŠ ุฌู†ูˆุจ ูƒุงู„ูŠููˆุฑู†ูŠุง ุงู„ูŠูˆู…
18:29
on natural gas?
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ุชุดุชุบู„ ุจุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠุŸ
18:31
It's because of air quality.
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ุฅู†ู‡ ุจุณุจุจ ุฌูˆุฏุฉ ุงู„ู‡ูˆุงุก.
18:33
I know what you're telling me, and I'm not disagreeing with you.
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ุฃุนุฑู ู…ุง ุงู„ุฐูŠ ุชู‚ูˆู„ู‡ ู„ูŠุŒ ูˆุฃู†ุง ู„ุณุช ุฃุฎุงู„ููƒ.
18:36
How in the hell can we get off the natural gas at some point?
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ูƒูŠู ุจุญู‚ ุงู„ุฌุญูŠู… ู‚ุฏ ู†ุณุชุทูŠุน ุงู„ุชุฎู„ูŠ ุนู† ุงู„ุบุงุฒ ุงู„ุทุจูŠุนูŠ ููŠ ู…ุฑุญู„ุฉ ู…ุงุŸ
18:39
And I say, that is your problem.
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ูˆุฃู‚ูˆู„ุŒ ู‡ุฐุง ู…ุดูƒู„ูƒู….
18:42
(Laughter)
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(ุถุญูƒ)
18:44
CA: All right,
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ูƒ.ุฃ: ุญุณู†ุงุŒ
18:46
so it's the bridge fuel.
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ุฅุฐู† ูู‡ูˆ ุฌุณุฑ ูˆู‚ูˆุฏ.
18:48
What is at the other end of that bridge
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ู…ุง ูŠูˆุฌุฏ ููŠ ู†ู‡ุงูŠุฉ ุฐู„ูƒ ุงู„ุฌุณุฑ
18:50
is for this audience to figure out.
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ู…ุชุฑูˆูƒ ู„ู„ุฌู…ู‡ูˆุฑ ู„ู…ุนุฑูุชู‡.
18:52
If someone comes to you with a plan
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ุฅู† ุฌุงุกูƒ ุฃุญุฏู‡ู… ุจุฎุทุฉ
18:54
that really looks like it might be part of this solution,
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ุชุจุฏูˆ ุญู‚ุง ูƒุฃู†ู‡ุง ุฌุฒุก ู…ู† ู‡ุฐุง ุงู„ุญู„ุŒ
18:56
are you ready to invest in those technologies,
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ู‡ู„ ุฃู†ุช ู…ุณุชุนุฏ ู„ู„ุงุณุชุซู…ุงุฑ ููŠ ุชู„ูƒ ุงู„ุชู‚ู†ูŠุงุชุŒ
18:59
even if they aren't maximized for profits,
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ุฑุบู… ุฃู†ู‡ุง ู„ู† ุชุญู‚ู‚ ุฃุฑุจุงุญุง ู‚ุตูˆูŠุฉุŒ
19:01
they might be maximized for the future health of the planet?
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ู‚ุฏ ุชูƒูˆู† ู‚ุตูˆูŠุฉ ู„ู„ุงุฒุฏู‡ุงุฑ ุงู„ู…ุณุชู‚ุจู„ูŠ ู„ู„ูƒูˆูƒุจุŸ
19:04
TBP: I lost 150 million on the wind, okay.
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ุช.ุจ.ุจ: ุฎุณุฑุช 150 ู…ู„ูŠูˆู†ุง ุนู„ู‰ ุงู„ุฑูŠุงุญุŒ ุตุญูŠุญ.
19:07
Yeah, sure, I'm game for it.
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ู†ุนู…ุŒ ุทุจุนุงุŒ ุฃู†ุง ู…ุนูƒ ููŠ ุฐู„ูƒ.
19:10
Because, again,
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ู„ุฃู†ู‡ุŒ ู…ุฌุฏุฏุงุŒ
19:13
I'm trying to get energy solved for America.
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ุฃู†ุง ุฃุญุงูˆู„ ุฃู† ุฃุญู„ ู…ุดูƒู„ ุงู„ุทุงู‚ุฉ ููŠ ุฃู…ุฑูŠูƒุง.
19:17
And anything American
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ูˆุฃูŠ ุดูŠุก ุฃู…ุฑูŠูƒูŠ
19:20
will work for me.
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ุณูŠุดุชุบู„ ุจุงู„ู†ุณุจุฉ ู„ูŠ.
19:22
CA: Boone, I really, really appreciate you coming here,
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ูƒ.ุฃ: ุจูˆู†ุŒ ุฃู‚ุฏุฑ ุญู‚ุง ู‚ุฏูˆู…ูƒ ู‡ู†ุงุŒ
19:24
engaging in this conversation.
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ูˆุงู†ุฎุฑุงุทูƒ ููŠ ู‡ุฐู‡ ุงู„ู…ุญุงุฏุซุฉ.
19:26
I think there's a lot of people who will want to engage with you.
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ุฃุธู† ุฃู† ู‡ู†ุงูƒ ุงู„ูƒุซูŠุฑ ู…ู† ุงู„ู†ุงุณ ุณูŠุฑูŠุฏูˆู† ุงู„ุฅู†ุฎุฑุงุท ู…ุนูƒ.
19:29
And that was a real gift you gave this audience.
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ูˆุชู„ูƒ ูƒุงู†ุช ู‡ุฏูŠุฉ ุญู‚ูŠู‚ูŠุฉ ู‚ุฏู…ุชู‡ุง ู„ู‡ุฐุง ุงู„ุฌู…ู‡ูˆุฑ.
19:31
Thank you so much. (TBP: You bet, Chris. Thank you.)
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ุดูƒุฑุง ุฌุฒูŠู„ุง ู„ูƒ. (ุช.ุจ.ุจ: ุฑุงู‡ู† ุนู„ู‰ ุฐู„ูƒุŒ ูƒุฑูŠุณ. ุดูƒุฑุง ู„ูƒ.)
19:34
(Applause)
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(ุชุตููŠู‚)
ุญูˆู„ ู‡ุฐุง ุงู„ู…ูˆู‚ุน

ุณูŠู‚ุฏู… ู„ูƒ ู‡ุฐุง ุงู„ู…ูˆู‚ุน ู…ู‚ุงุทุน ููŠุฏูŠูˆ YouTube ุงู„ู…ููŠุฏุฉ ู„ุชุนู„ู… ุงู„ู„ุบุฉ ุงู„ุฅู†ุฌู„ูŠุฒูŠุฉ. ุณุชุฑู‰ ุฏุฑูˆุณ ุงู„ู„ุบุฉ ุงู„ุฅู†ุฌู„ูŠุฒูŠุฉ ุงู„ุชูŠ ูŠุชู… ุชุฏุฑูŠุณู‡ุง ู…ู† ู‚ุจู„ ู…ุฏุฑุณูŠู† ู…ู† ุงู„ุฏุฑุฌุฉ ุงู„ุฃูˆู„ู‰ ู…ู† ุฌู…ูŠุน ุฃู†ุญุงุก ุงู„ุนุงู„ู…. ุงู†ู‚ุฑ ู†ู‚ุฑู‹ุง ู…ุฒุฏูˆุฌู‹ุง ููˆู‚ ุงู„ุชุฑุฌู…ุฉ ุงู„ุฅู†ุฌู„ูŠุฒูŠุฉ ุงู„ู…ุนุฑูˆุถุฉ ุนู„ู‰ ูƒู„ ุตูุญุฉ ููŠุฏูŠูˆ ู„ุชุดุบูŠู„ ุงู„ููŠุฏูŠูˆ ู…ู† ู‡ู†ุงูƒ. ูŠุชู… ุชู…ุฑูŠุฑ ุงู„ุชุฑุฌู…ุงุช ุจุงู„ุชุฒุงู…ู† ู…ุน ุชุดุบูŠู„ ุงู„ููŠุฏูŠูˆ. ุฅุฐุง ูƒุงู† ู„ุฏูŠูƒ ุฃูŠ ุชุนู„ูŠู‚ุงุช ุฃูˆ ุทู„ุจุงุช ุŒ ูŠุฑุฌู‰ ุงู„ุงุชุตุงู„ ุจู†ุง ุจุงุณุชุฎุฏุงู… ู†ู…ูˆุฐุฌ ุงู„ุงุชุตุงู„ ู‡ุฐุง.

https://forms.gle/WvT1wiN1qDtmnspy7