Jay Inslee: “That point of being able to sell American technology to the world, I want to mention two companies, their CEOs I have…”

“That point of being able to sell American technology to the world, I want to mention two companies, their CEOs I have talked to in the last month. One I talked to this morning is called Greenpoint Energy. It is a company in Boston that has developed a way to take coal and to process it into natural gas, then burn the natural gas in a way that eliminates the mercury emissions that typically come out of a coal stack, eliminates the sulfur dioxide that comes out of a smokestack and most importantly reduces carbon dioxide, the global warming gas by 60 to 65 percent. Now, when I asked this young entrepreneur, who formerly did very well in the software industry, and is now into energy, what he saw as the future of this, he said it is unlimited. The reason it is unlimited is that we can take this technology that we build here, we can build these plants and sell them to China. China is building one dirty coal plant a week, a 500-megawatt coal plant a week in China, which is creating massive CO2 contributing to global warming gas. Here is a company right now, they have got 25 employees right now, and 20 subcontractors, they can have thousands at some point when we start selling this technology to the Chinese.”