Episode Transcript
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Hey everyone.
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It's Adam. and running
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i'm also here
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before we get to today's show we have
0:49
some news to share
0:51
who week from today friday june twenty fourth
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will be the final episode of rico daily
0:56
with so loved making the show
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for you but we're going to try some funny
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stuff now
1:01
yes thank you all so much for listening
1:03
we have more exciting record podcast projects
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coming up in the near future you
1:08
can look forward to a new season of land of the giants
1:10
soon it'll be about metre and facebook
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the enemy time we've got a great lineup
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planned for the next two weeks
1:17
stop you hear some of our favorite episodes
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handpicked from the archives by the
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rico daily team
1:23
and then starting one week from today will
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have one final special series of new
1:28
episodes yes it's called tech support
1:30
and know we don't mean helping you look at autism
1:33
but we will be exploring all sorts
1:35
of exciting and promising technological solutions
1:37
to the climate crisis right technology
1:40
is what got us into this mess of the first place you
1:42
know planes trains automobiles
1:44
and as we know by now
1:47
that can get us out of this mess all by
1:49
itself either but it can offer
1:51
some support cleaning up the disaster it
1:53
helped create the days episode
1:55
touches on some of these ideas running
1:58
should we get the showdown yes
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i am i think we've been talking long enough for
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the show
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the
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planet is heating up the
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, crisis continues to be a crisis
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and if we want any sort of
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hitting the deadline to cut global carbon
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emissions in half by twenty thirty really
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get moving moving this week
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president joe biden pulled a move you might
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recognize to let folks on capitol hill
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know he's done waiting for them to do
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to on monday
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president been announced that he's kinda like
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supporters of espionage act
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in manufacturing clean energy policy
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domestically
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that's the other nisa a science
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and rico dello your boss and
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the a let's talk about the defense
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production that's that's a war power
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right why invoke a seer yes it's
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a big move is physically same clean energy
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technologies are worth investing
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in and that are critical to the national security
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of the country and the garments willing to support
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them enough the market would prefer to import
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energy or energy technologies from foreign countries
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for less money itself to be
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problems one is that the
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us is currently
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when there's invaded ukraine and we all
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saw gas prices go up because now
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the banners oil and it gets much
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needed money to domestic manufacturers
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are these acknowledges who otherwise
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might find us as competing with cheaper
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imports and and losing out
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okay but forgive me if i'm harping on this
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idea of the defense production at beagle
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war power this doesn't seem
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like something you would use
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it for like maybe you use it for the
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tanks but not solar panels
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historically that's exactly right you know like
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you said the defense like and that was used to retool
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automobile supply chains into
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tanks and it's it's been used again
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and again to essentially past
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funding for military equipment i'm
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all kinds you know but in recent years these
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are seen as shift away from just
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using the defense production act from military equipment
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or the kind that we we usually think of to other
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things that are deemed critical
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for national security the
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biden and trump administration's both used to construct
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a knack for supplies later to cover nineteen
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and president biden recently used
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that fast russian act two help
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solve the baby formula crisis okay
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so
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give me all the details of how president biden
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is using the defense production at
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this time around
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though this week the fact that an act authorization
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specifically target solar technology heat
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pumps insulation green hydrogen
4:38
melody and grid compliance like
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transformers he basically saying
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piece of all things that are critical for the energy
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infrastructure going forward he doesn't putting
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it to your freeze on tariffs for solar
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panels coming into the country from southeast asia
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this frees will allow
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you know my safari manufacturers to keep using
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solar power from elsewhere while outdoor
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soccer punish france up this
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creates thousand the manufacturing jobs
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manufacturing the clean energy industry energy industry
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and and can make the u s a lot less dependent on
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foreign gas and oil especially as the war and
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continues the part about
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using their defense production act to
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build new technology that will lessen
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our reliance on foreign energy
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makes total sense as like a national security
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thing but
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you walk me through the thinking about freezing terrorists
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on solar panels being imported from southeast
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asia that was very specific right
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so it's partially to give domestic
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manufacturers time to ramp up production but
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it's also because in actresses
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ask the things can add the most immediate positive
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impact on the industry here because the
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indices been and and of a mess lately
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as a big investigation happening investigation the commerce
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department right now and to whether companies
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were dodging terrorists levied on
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chinese companies because these companies
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were importing panels and other solar
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technologies are from are few countries and
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southeast asia that might
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have manufactured in those countries by chinese
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companies and a winter taxes
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and there is a big fear that had this investigation
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could leave domestic solar installers
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solar manufacturer's a libel for billions
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of dollars and back terrorists and it
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was stopping the import of more
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panels and and about in meantime
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and so did this is operating thousands
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of workers operating the country is something like two hundred thirty
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thousand workers in the thousand workers work
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in the solar industry and this investigation
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put hundreds of projects across country and holes
6:31
which meant their jobs were in peril that
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it was a big way towards the actually
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fixing that towards letting the inflation
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products that are planned for next year's
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continue happening and also in the meantime
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domestic manufacturers can wrap up their production in
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a few years time
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got it so far all this makes sense and sounds
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good maybe to good what's the catch
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me
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one of the catches is that the impact
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of the defense get an act as limited as at
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it it's only got a few hundred million dollars
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which sounds like a lot and you
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know i'm is a fair amount of money
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by in the grand scheme of how this country
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works and the kind of investment as needed and clean
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energy it's it's really not that much and
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the other this can easily be revoked
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by a teacher mister even the summer
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session of his parodies change so
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it's not really got long term security
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as a as a solution for
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america's climate and clean energy crises
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and lasting change really has a concert congress
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is what my sources told me again and again for the
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bison mr since as to as own statements
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about the dps this is one step
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second the really help get
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the get the ball rolling in terms of clean
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energy in the united states but congress
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we as a step up to make this truly a
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reality
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i didn't it has made clear in his statement
7:45
that he has not given up on congress the ghost of his
7:47
build back better bella sort of winding
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its way through reconciliation you know there's
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ongoing discussion about how democratic senators
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still want to pass at least parts of
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biden's climate agenda and that could unlock
7:59
hundreds of billions there's an incentive pay
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more than the dp about occurred but
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it really comes down to a bigger question of whether congress
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can come to agreement on the climate crisis at all
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republican senator pat toomey of pennsylvania
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secret says biden for use
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with dp a to further his
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global warming agenda and it's
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sort of just seems as if republicans aren't willing
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to classify climate change as a national
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emergency or even sometimes even at a reality
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there's lots of jobs and and the planet
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a know that will suffer the consequences
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will inevitably it feels like a good
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thing that clean energy projects the united
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states are getting funding are
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are being
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in the right direction by the by the administration but
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also sounds like this move
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is just another reminder that
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the lesson right have a really hard time agreeing on this
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issue and
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note the world's i get any cooler that's
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, right on the road could
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get cooler and it could do so by
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creating creating
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of jobs and that's the thing is so baffling
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to me to it feels like
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a like a no brainer to make this
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johnson and fantasy happen or
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in the ah thank you for genius thanks
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and
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today's episode was produced by taylor
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make in the mix is by melissa pounds
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from hemlock creek productions i'm
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adam forecasters thanks for listening
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