On the recordDecember 4, 2007
I appreciate Mr. Rohrabacher's comments. I won't make any cracks about the need to improve the imitation. Your Governor is doing great work on this. I appreciate your sentiments. I want to mention a point. There is a technology I had not heard of. You have mentioned this inventor who's working on this in California. One of the things that is so much fun is you learn about people doing this great work around the country. That particular invention, who knows, it may not go anywhere. Some of the things we have talked about tonight may not pan out to be commercially available. But if we have a strategy that spreads our bets and looks at multiple sources like any good investor does, you spread your investments around, some are going to work out really well, some are going to be just kind of okay, and some of them are going to be duds. And we are going to experience that in this. But because of the genius around the country, we are going to have a lot of successes. So I appreciate your comments Mr. Rohrabacher. I just want to point out a couple of other new cutting-edge technologies people may not have heard about that can help fulfill our need for a 15 percent renewable electric standard. This is a picture of wave-power buoys that are now going off the coast of Oregon, the first ones in the country to harness the power in waves. There's enormous energy in waves. If you have ever seen a big freighter go up and down, you understand how powerful the sea is just going up and down.
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