Doug Burgum
๐ค SpeakerAppearances Over Time
Podcast Appearances
The demand for advanced manufacturing. So we're not in any kind of energy transition. We're in an area where we need energy addition. And if we want human flourishing, if we want to reach our planet's fullest potential, and if we want to take care of our environment, which we can do all these things at the same time. Even that requires energy.
The demand for advanced manufacturing. So we're not in any kind of energy transition. We're in an area where we need energy addition. And if we want human flourishing, if we want to reach our planet's fullest potential, and if we want to take care of our environment, which we can do all these things at the same time. Even that requires energy.
I mean, if you're worried about water sources, well, desalination, which we can do, requires a lot of energy. Transportation of goods requires energy. So whether it's the clothes on your back, the food on your table, the transportation drive, there's an energy component to all of that. And electrifying stuff doesn't change. It just changes the source of it. We still need to create the electricity.
I mean, if you're worried about water sources, well, desalination, which we can do, requires a lot of energy. Transportation of goods requires energy. So whether it's the clothes on your back, the food on your table, the transportation drive, there's an energy component to all of that. And electrifying stuff doesn't change. It just changes the source of it. We still need to create the electricity.
So I feel like that if anybody is concerned about the environment, they should want to have, It... every ounce of a liquid fuel and every electron produced in the United States. Because if you compare us to any other country, we produce it cleaner, safer, smarter, and healthier than anyone else.
So I feel like that if anybody is concerned about the environment, they should want to have, It... every ounce of a liquid fuel and every electron produced in the United States. Because if you compare us to any other country, we produce it cleaner, safer, smarter, and healthier than anyone else.
And I learned in North Dakota over those eight years as governor, where we were always on the top of the list of cleanest water, cleanest air, best soil health, all of these things that we were able to achieve. And we were going up the charts in terms of energy production. These things go hand in hand. It's not either or, it's a plus when you can do both.
And I learned in North Dakota over those eight years as governor, where we were always on the top of the list of cleanest water, cleanest air, best soil health, all of these things that we were able to achieve. And we were going up the charts in terms of energy production. These things go hand in hand. It's not either or, it's a plus when you can do both.
to produce it cleaner more safely and with a lower footprint and and build economic prosperity for us as exporters yes absolutely i mean so the the net formula that you've just described is the more energy that's produced in the united states the better it is for the globe and the better it is for american prosperity and i would say it's not just for the globe environmentally it's also for for peace it's not just prosperity at home but literally the two
to produce it cleaner more safely and with a lower footprint and and build economic prosperity for us as exporters yes absolutely i mean so the the net formula that you've just described is the more energy that's produced in the united states the better it is for the globe and the better it is for american prosperity and i would say it's not just for the globe environmentally it's also for for peace it's not just prosperity at home but literally the two
The two proxy wars that we've been involved in with Russia after Russia invaded Ukraine and after, you know, Iran funding 24 different terror groups, they were funding those wars against us with their oil and gas sales. And so if we can replace their customers with U.S. sources, they have less revenue. They have less funding literally to fund terrorism. So it is prosperity at home, peace abroad.
The two proxy wars that we've been involved in with Russia after Russia invaded Ukraine and after, you know, Iran funding 24 different terror groups, they were funding those wars against us with their oil and gas sales. And so if we can replace their customers with U.S. sources, they have less revenue. They have less funding literally to fund terrorism. So it is prosperity at home, peace abroad.
It's nothing short of that.
It's nothing short of that.
Well, if you were to ask me what's the thing that keeps me awake at night, this is the issue. And it's so thrilling and refreshing that you understand the scale, the magnitude, and the importance of the AI arms race, which is really driven by access to electricity. And China last year... brought on 94 and a half gigawatts of coal powered electricity. One gigawatt is Denver.
Well, if you were to ask me what's the thing that keeps me awake at night, this is the issue. And it's so thrilling and refreshing that you understand the scale, the magnitude, and the importance of the AI arms race, which is really driven by access to electricity. And China last year... brought on 94 and a half gigawatts of coal powered electricity. One gigawatt is Denver.
So they brought on 94 Denver's just last year. That's more than all we have today for all of California and all of New York is less than 94. So they added a New York and a California worth of electricity last year, just from coal. They're still getting 60% of their baseload from coal and people, people may, they stop listening when they hear the word coal, but coal is,
So they brought on 94 Denver's just last year. That's more than all we have today for all of California and all of New York is less than 94. So they added a New York and a California worth of electricity last year, just from coal. They're still getting 60% of their baseload from coal and people, people may, they stop listening when they hear the word coal, but coal is,
From an electricity standpoint, thermal coal is fantastic base load. It has all the characteristics to allow you to maintain amperage and voltage to keep a system going. And I think we just saw in Spain, they were celebrating on April 12th of this past month that they'd shut down their last coal plant.
From an electricity standpoint, thermal coal is fantastic base load. It has all the characteristics to allow you to maintain amperage and voltage to keep a system going. And I think we just saw in Spain, they were celebrating on April 12th of this past month that they'd shut down their last coal plant.