WEBVTT - The Future of Renewable Energy, Featuring Bill Gates

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<v Speaker 1>This episode is brought to you by Squarespace. Start building

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<v Speaker 1>square Space. Build it beautiful. Hey, and welcome to the podcast.

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<v Speaker 1>I'm Josh Clark. There's Charles w Chuck Bryant, and there's

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<v Speaker 1>Jerry over there. And this is stuff you should know.

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<v Speaker 1>And this is a I from my perspective of pretty

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<v Speaker 1>awesome special stuff you should know. It is we uh,

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<v Speaker 1>we don't normally have guests on the show. No, we

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<v Speaker 1>almost never do. It's a very select group, that's right,

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<v Speaker 1>but this this maybe the topper. Yeah, what happened last week?

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<v Speaker 1>Well last week, um, I was in Hawaii and I

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<v Speaker 1>got a text from you and it said, Buddy, I'm

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<v Speaker 1>sorry to bother you on vacation, but Bill Gates wants

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<v Speaker 1>to be on Stuff you Should Know. And you went,

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<v Speaker 1>you mean old Billy Gates from elementary school, Billy bath Gate,

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<v Speaker 1>And I said, no, Bill Gates, the entrepreneur, co founder

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<v Speaker 1>of Microsoft and philanthropist, wants to be on our show.

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<v Speaker 1>Because his personal communications person got in touch and said,

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<v Speaker 1>I know you don't normally do this, but would you

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<v Speaker 1>consider making an exception for Mr Gates, right, and we

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<v Speaker 1>were like, we really appreciate that you did the research

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<v Speaker 1>to know that we don't normally have people on. That

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<v Speaker 1>actually was very kind because we've had other people that

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<v Speaker 1>just assume like, well, you'd want to have this person on, right, Well,

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<v Speaker 1>do you even listen to the show. We don't have

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<v Speaker 1>guests normally. So we're like Bill Gates. Bill Gates like

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<v Speaker 1>played by Anthony Michael Hall once and it made for

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<v Speaker 1>TV movie on T n T Bill Gates and they

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<v Speaker 1>said that Bill Gates, that's right. We said, yes, watch,

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<v Speaker 1>We're going to show up for the interview and it's

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<v Speaker 1>gonna be Anthony Michael Hall. That would blow my mind.

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<v Speaker 1>So we're recording this first portion of the podcast on

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<v Speaker 1>renewal renewable energy, which is a topic very dear to

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<v Speaker 1>Mr Gates's heart, um and something he knows way more

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<v Speaker 1>about than we do. So we're recording this before we

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<v Speaker 1>go talk to him in New York City next week. Um.

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<v Speaker 1>But through the magic of editing, it will be as

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<v Speaker 1>if this is one seamless day, like he's in the

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<v Speaker 1>studio with us, right. So he wanted to talk about

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<v Speaker 1>renewable energy. He's pretty jazzed about it, um, And you

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<v Speaker 1>could say I'm pretty jazzed about renewable energy as well.

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<v Speaker 1>It's amazing what's coming down the pike. And there's yes

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<v Speaker 1>coming down the Pike's very important, right because, um, there's

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<v Speaker 1>a lot of stuff that's going on right now in

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<v Speaker 1>the twenty one century and then coming in the next

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<v Speaker 1>couple of decades that mean that we could really use

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<v Speaker 1>renewable energy sooner than later. One is that, Um, it's

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<v Speaker 1>predicted that energy consumption worldwide is going to increase by

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<v Speaker 1>over two tho levels thirty years from hits. There's a

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<v Speaker 1>lot more energy consumption than we're doing right now, and

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<v Speaker 1>we consume a lot of energy. Yeah, in the world

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<v Speaker 1>as a whole admitted thirty six billion tons of c

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<v Speaker 1>O two and that is forty two percent more than

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<v Speaker 1>we did, forty two percent more than we did in

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<v Speaker 1>nine and the goal is below nine ls. So that's

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<v Speaker 1>a hundred and twenty that's what I said. Yeah, you

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<v Speaker 1>got it right, A hundred swing as in the wrong direction. Yeah,

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<v Speaker 1>we need to get to and try and achieve. And

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<v Speaker 1>this is not just the US, this is this is

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<v Speaker 1>a world problem exactly. So you've got a two fold.

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<v Speaker 1>You have two conflicting issues here. You have increasing energy demand,

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<v Speaker 1>but you also have a desire to reduce CEO two emissions.

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<v Speaker 1>Right then then if you want to confound things further,

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<v Speaker 1>and this is where um, Bill Gates's passions lie. Um,

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<v Speaker 1>You've got a lot of people out there, something like

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<v Speaker 1>one point three billion people around the world who just

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<v Speaker 1>don't have electricity at all. Yeah, of the world's population

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<v Speaker 1>without electricity at all, sevent of Sub Saharan Africa no electricity.

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<v Speaker 1>Three million people in India alone with no electricity. And

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<v Speaker 1>that's not just oh well, you don't have all the

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<v Speaker 1>mod cons it's you know, you don't have light to

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<v Speaker 1>read by um and educate yourselves, or to refrigerate your

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<v Speaker 1>food and not catch food born diseases. I mean, we

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<v Speaker 1>could name out a hundred reasons why you need electricity

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<v Speaker 1>in the exactly. So, you've got a growing energy demand,

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<v Speaker 1>you have a need to reduce c O two emissions,

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<v Speaker 1>and then you have a whole segment of the human

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<v Speaker 1>population that needs access to energy, which means that if

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<v Speaker 1>you can come up with some good renewable technologies, you

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<v Speaker 1>can actually make all these things work together. But the

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<v Speaker 1>key is so if it's renewable, it's automatically basically clean UM.

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<v Speaker 1>And it has to come soon to offset that energy increase,

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<v Speaker 1>energy consumption increase. But because we're factoring the developing low

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<v Speaker 1>income world into this, it needs to also be cheap

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<v Speaker 1>and easily accessible and reliable. Yeah. Until and this is

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<v Speaker 1>something that I'm sure Bill Gates hammers home every time

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<v Speaker 1>he has a chance. If it's gotta it's gotta be viable,

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<v Speaker 1>And if it's not cheaper and better then fossil fuel consumption,

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<v Speaker 1>then no one's ever gonna jump on board in a

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<v Speaker 1>big way. Yeah. And if so from this point on, Chuck,

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<v Speaker 1>because he is coming on as a personal guest to stuff,

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<v Speaker 1>you should know, I think we can just refer to

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<v Speaker 1>him as Bill our friend, Bill. Yeah, Bill our pal. Yeah.

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<v Speaker 1>I can't wait to see a week from now. Uh,

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<v Speaker 1>let's talk a little bit about UM. Who's contributing to

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<v Speaker 1>the problem. China. They're the world's top CEO to admit

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<v Speaker 1>her UM at least of global emissions, with the US

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<v Speaker 1>number two at fifteen point five, followed by the EU

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<v Speaker 1>at nine point I have an Indian at seven point two.

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<v Speaker 1>But everybody agrees that let's there's a problem and let's

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<v Speaker 1>try and reverse it. So they had a summit in

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<v Speaker 1>Paris at the end of this past year where they

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<v Speaker 1>all got together all these nations said you know what,

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<v Speaker 1>let's set some goals here. Uh. In the US for

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<v Speaker 1>their part, said you know what, let's try and cut

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<v Speaker 1>national emissions by up to by the year from two

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<v Speaker 1>five levels. Right. Um. And this is this is this

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<v Speaker 1>whole Paris Accord, basically the Paris Climate Talks that came

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<v Speaker 1>in November. Um, two hundred countries signed on to reduce

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<v Speaker 1>their emissions and um uh it was lauded as a

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<v Speaker 1>huge breakthrough. You got all these people together and all

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<v Speaker 1>these different countries and they hammered out a document that's

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<v Speaker 1>legally binding. But there's also criticism of the document and

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<v Speaker 1>that the emissions reductions are just totally voluntary. There's no

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<v Speaker 1>teeth in the document to say, well, here's the bad

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<v Speaker 1>things that happened to you if you don't meet your

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<v Speaker 1>reductions goals. But as criticized as the document the Paris

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<v Speaker 1>Climate Talks were, there's also like a real sunny side

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<v Speaker 1>to the whole thing, and that came in some kind

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<v Speaker 1>of um between the lines, uh message that came out

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<v Speaker 1>of it, and that was developed industrialized nations are ready

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<v Speaker 1>to put down some serious coin into renewable energy technology. Yeah,

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<v Speaker 1>to the tune um of total one billion euros per

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<v Speaker 1>year UM to low income economies to try and build

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<v Speaker 1>them up and give them robust economies which would help

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<v Speaker 1>the world as a whole. Right, So, um, this basically

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<v Speaker 1>is this hundred billion euros a year. It's a sizeable

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<v Speaker 1>chunk and it's it's it represents kind of a funnel

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<v Speaker 1>through developing nations, from developed nations to developing nations. Two

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<v Speaker 1>renewable tech companies. So it's a it's a roundabout investment

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<v Speaker 1>in renewable tech um. And there's a lot of stuff

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<v Speaker 1>that's being it that that just went from pine in

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<v Speaker 1>the sky to oh now you're throwing some real money

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<v Speaker 1>at this. We can make this happen now because some

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<v Speaker 1>stuff brand new, some stuff altering existing technologies. But it's

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<v Speaker 1>all super exciting. Um. Should we talk about some of

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<v Speaker 1>these What the first one I have to say? I

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<v Speaker 1>love if you remember in the State of the Union

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<v Speaker 1>address in January, President Obama said something about turning sunlight

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<v Speaker 1>into liquid fuel. I thought he was having an acid

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<v Speaker 1>flashback up and away in my beautiful But no, what

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<v Speaker 1>he's talking about is a super promising UH process called

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<v Speaker 1>artificial photosynthesis, and it's basically, well, it's exactly what it sounds.

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<v Speaker 1>It's it's building machines that take CEO two emissions and

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<v Speaker 1>that contribute the climate change and using that actually in

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<v Speaker 1>the sunlight to make fuel. Right, So you're using CEO

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<v Speaker 1>two emissions as a raw material for fuel. Unbelievable. So basically, UM,

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<v Speaker 1>there's been a lot of UM stumbling blocks so far

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<v Speaker 1>as far as the artificial photosynthesis industry is concerned. But

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<v Speaker 1>they've also had some really good breakthroughs recently. One was

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<v Speaker 1>it came out of the Department of Energy is Berkeley

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<v Speaker 1>Lab where basically they took nano wire arrays they made

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<v Speaker 1>what they call a synthetic forest of nano wires, right,

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<v Speaker 1>and these nano wires collect solar energy and they transfer

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<v Speaker 1>it to bacteria. And there's bacteria mixed in with carbon

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<v Speaker 1>dioxide and water break down the CEO two, so they

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<v Speaker 1>catalyze it into other components. Right. Then another bacteria takes

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<v Speaker 1>those components and build them up into a usable fuel

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<v Speaker 1>like methanol. And all this happened in basically Uh. A

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<v Speaker 1>artificial photosynthetic fuel cell is what is what it is

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<v Speaker 1>using sunlight to break c O two emissions down into

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<v Speaker 1>usable fuel. Amazing, amazing it is. Uh. Something else I

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<v Speaker 1>got going is actually taking water c O two and

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<v Speaker 1>splitting this stuff up into its individual elements and then

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<v Speaker 1>essentially recombining them to form c H three oh h,

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<v Speaker 1>which is methanol a k A wood spirits. Uh, but

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<v Speaker 1>you don't want to drink a k A what you

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<v Speaker 1>would get it's like the simplest form of alcohol, and

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<v Speaker 1>what you would get when you would burn would well,

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<v Speaker 1>it's the simplest usable form. Well, yeah, I guess the

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<v Speaker 1>simplest form would be golden grain, right, although you could

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<v Speaker 1>probably put that in an engine. I wonder what would appen.

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<v Speaker 1>Think it would work probably So if you're out of

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<v Speaker 1>fuel in the hills of Georgia, it'll work. It'll do

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<v Speaker 1>the trick. So methanol is the simplest that you can

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<v Speaker 1>you in an engine, and it's already being used on

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<v Speaker 1>China is blending it into gasoline for regular cars at

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<v Speaker 1>about or less right there at the pumps, and their

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<v Speaker 1>taxis and busses are running on up to blend of

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<v Speaker 1>methanol on gasoline. Right, So it's a real thing. It

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<v Speaker 1>definitely is a real thing. And one of the big

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<v Speaker 1>problems with artificial photosynthesis has been that UM, the the

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<v Speaker 1>catalyst to break the CEO two down into constituent components,

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<v Speaker 1>has required something like platinum. Platinum is a very efficient

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<v Speaker 1>catalyst for that process, right, Platinum also cost an ounce

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<v Speaker 1>and if you're coming up with tech that you can

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<v Speaker 1>sell cheap to the developing world, platinum can't be a

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<v Speaker 1>major component of the whole thing, Which is why that

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<v Speaker 1>Berkeley Labs breakthrough using bacteria to catalyze and synthesize this

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<v Speaker 1>stuff is huge because one of the one of the

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<v Speaker 1>bacteria they're using, the synthetic bacteria synthesizing bacteria is E. Coli.

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<v Speaker 1>You can find that anywhere man skill, grab a bunch

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<v Speaker 1>of cilantro, throw it in there. You've got your your

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<v Speaker 1>your synthesizing bacteria. Another big goal is to UM well,

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<v Speaker 1>and this is this is a goal for anyone making

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<v Speaker 1>any sort of renewable energy machinery is to make them

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<v Speaker 1>last super long, because then you can amoritize that cost

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<v Speaker 1>over many many years, thus driving the overall costs down.

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<v Speaker 1>UM and so long lasting is a big key. Uh.

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<v Speaker 1>And then you know it's not just about building the

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<v Speaker 1>machine that will actually not in the case of the bacteria,

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<v Speaker 1>that will actually split up in these elements. Um, you

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<v Speaker 1>also need other machines around it. You can't just do

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<v Speaker 1>that and say I throw it in the gas. Um.

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<v Speaker 1>It has to be recombined into something usable. Well yeah,

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<v Speaker 1>and not only that, but it's got to be I mean,

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<v Speaker 1>there's all kinds of ancillary equipment that need to be

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<v Speaker 1>used to make this whole thing work. Right, So I

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<v Speaker 1>think the point is that you can't have a huge

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<v Speaker 1>just this huge thing if you're going to try to

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<v Speaker 1>sell to the consumer. Right, No, it has to be

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<v Speaker 1>in the pumped gas. But you could create a huge

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<v Speaker 1>thing if you're going to basically create a fuel refinery

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<v Speaker 1>and artificial photosynthesis fuel refinery, and then you can just

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<v Speaker 1>sell it to gas stations. That would work to Another

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<v Speaker 1>problem here that you point out is they figured out

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<v Speaker 1>how to split uh, water and CEO two in separate processes,

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<v Speaker 1>but not in one unit. Right. That's where that Berkeley

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<v Speaker 1>breakthrough is such a big deal. So I would say,

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<v Speaker 1>just bolt those two machines together and you got one machine.

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<v Speaker 1>Right exactly. But they use two different kinds of bacteria

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<v Speaker 1>to do two different jobs in the same in the

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<v Speaker 1>same machine. It's it's it's amazing. And one of the

0:13:44.080 --> 0:13:47.920
<v Speaker 1>researchers points out that funding for this stuff is kind

0:13:47.920 --> 0:13:50.959
<v Speaker 1>of a problem because funding doesn't um you don't get

0:13:51.000 --> 0:13:54.200
<v Speaker 1>the same amount of money every quarter. Uh. Sometimes it's high,

0:13:54.240 --> 0:13:57.120
<v Speaker 1>sometimes it's low, And that's really tough and it's a

0:13:57.120 --> 0:13:59.800
<v Speaker 1>big challenge when you're trying to figure out these things.

0:13:59.800 --> 0:14:02.920
<v Speaker 1>But because you might get a great idea one year

0:14:03.200 --> 0:14:06.120
<v Speaker 1>where you need that dough and you don't have it um,

0:14:06.240 --> 0:14:07.960
<v Speaker 1>So it's just a lot harder to manage when that

0:14:08.320 --> 0:14:10.400
<v Speaker 1>the ebb and flow of funding comes and goes. But

0:14:10.520 --> 0:14:14.560
<v Speaker 1>I think that's where this huge, the big that's where

0:14:14.600 --> 0:14:16.760
<v Speaker 1>this big thing that came out of the Paris Climate

0:14:16.760 --> 0:14:20.320
<v Speaker 1>Talks comes in. That Like, it's not like money is

0:14:20.320 --> 0:14:23.640
<v Speaker 1>a thing in the past, But if you're creating something

0:14:23.680 --> 0:14:27.920
<v Speaker 1>that really has legs as far as creating renewable energy

0:14:28.560 --> 0:14:32.720
<v Speaker 1>is concerned, you're gonna be able to find a capital. Yeah.

0:14:32.800 --> 0:14:35.000
<v Speaker 1>Right now, the U. S Energy Department is renewing a

0:14:35.120 --> 0:14:38.560
<v Speaker 1>seventy five million dollar five year grant to cal techs

0:14:39.280 --> 0:14:43.920
<v Speaker 1>UH Center for artificial photosynthesis. So that's not pocket change.

0:14:44.080 --> 0:14:46.240
<v Speaker 1>I'm sure it'll take more than that, but some you

0:14:46.280 --> 0:14:48.960
<v Speaker 1>can you can do some research with that. So thumbs

0:14:49.040 --> 0:14:53.520
<v Speaker 1>up to artificial photosynthesis. Thumbs up. We're both a little excited,

0:14:53.600 --> 0:14:55.600
<v Speaker 1>so as is our custom, I think we should take

0:14:55.600 --> 0:15:15.600
<v Speaker 1>a break, agreed, So chuck, Um, there's a there's this

0:15:15.720 --> 0:15:18.240
<v Speaker 1>kind of this big issue right where we have wind

0:15:18.280 --> 0:15:21.560
<v Speaker 1>power and we have solar power, and some places are

0:15:21.760 --> 0:15:25.320
<v Speaker 1>sunnier than others in the United States, California or else

0:15:25.360 --> 0:15:29.880
<v Speaker 1>in the world. Um, and some places are windier than others. Okay,

0:15:29.920 --> 0:15:32.560
<v Speaker 1>So like Kansas can get all the wind it needs

0:15:32.640 --> 0:15:36.520
<v Speaker 1>from wind farms if they wanted to, Probably California. Actually

0:15:36.720 --> 0:15:40.280
<v Speaker 1>I looked up Reno, Nevada in Honolulu about the same

0:15:40.320 --> 0:15:43.160
<v Speaker 1>amount of sunlight every year, did you know that? But

0:15:43.320 --> 0:15:47.360
<v Speaker 1>very different places, very different. But um, so either one

0:15:47.400 --> 0:15:52.320
<v Speaker 1>of them could subsist on solar energy technically, right. But

0:15:52.440 --> 0:15:54.080
<v Speaker 1>you've got a place like Seattle it's not going to

0:15:54.200 --> 0:15:56.800
<v Speaker 1>do very well for solar solar energy, or London not

0:15:56.840 --> 0:15:59.560
<v Speaker 1>gonna do really well with solar energy. But if you're

0:15:59.560 --> 0:16:02.320
<v Speaker 1>talking about out like say a national grid, and say

0:16:02.320 --> 0:16:04.800
<v Speaker 1>the United States, if you step back and look at

0:16:04.800 --> 0:16:07.360
<v Speaker 1>it rather than like Kansas is one region, in California

0:16:07.440 --> 0:16:13.200
<v Speaker 1>is another, and say, actually, in Kansas in California are

0:16:13.240 --> 0:16:15.600
<v Speaker 1>parts of this larger grid. We just have to figure

0:16:15.600 --> 0:16:17.960
<v Speaker 1>out how to get the wind power that's constantly in

0:16:18.040 --> 0:16:22.840
<v Speaker 1>Kansas over to Seattle, or the solar power that's you know,

0:16:22.960 --> 0:16:26.600
<v Speaker 1>in Reno over to Boston. How do you do that?

0:16:26.720 --> 0:16:28.440
<v Speaker 1>And they figured out all they have to do is

0:16:28.560 --> 0:16:33.080
<v Speaker 1>use existing technology, which is just basically stepped up type

0:16:33.080 --> 0:16:35.440
<v Speaker 1>of power line. Yeah, I think this is amazing. There

0:16:35.560 --> 0:16:39.080
<v Speaker 1>was a guy named Alex Alex McDonald from the n

0:16:39.160 --> 0:16:42.360
<v Speaker 1>O A A from Noah, that's right, and he kind

0:16:42.360 --> 0:16:46.040
<v Speaker 1>of realized one day, Hey, the wind is always blowing somewhere,

0:16:46.840 --> 0:16:49.960
<v Speaker 1>like we've got the wind, um, we got all these

0:16:49.960 --> 0:16:52.960
<v Speaker 1>power lines. Why don't we do this. Let's think of

0:16:53.000 --> 0:16:55.000
<v Speaker 1>things in a different way, and let's think of the

0:16:55.080 --> 0:16:59.800
<v Speaker 1>US as one big, all encompassing, interconnected grid, which it

0:16:59.880 --> 0:17:02.240
<v Speaker 1>is is, but we kind of don't think of it

0:17:02.280 --> 0:17:05.520
<v Speaker 1>that way. No, he did exactly. He said, it's all connected,

0:17:05.560 --> 0:17:07.120
<v Speaker 1>so why don't we do this, Let's switch over these

0:17:07.119 --> 0:17:10.840
<v Speaker 1>power lines to direct current lines, which Edison apparently was right.

0:17:11.240 --> 0:17:14.560
<v Speaker 1>So they suffer a lot less loss. Um. I looked

0:17:14.640 --> 0:17:20.600
<v Speaker 1>up supposedly from power station to customer, there's about an

0:17:20.640 --> 0:17:25.119
<v Speaker 1>eight to loss using current a C using what we

0:17:25.280 --> 0:17:28.200
<v Speaker 1>have going now, and I believe if you switch over

0:17:28.440 --> 0:17:31.520
<v Speaker 1>to the d c UH it would cut that in

0:17:31.560 --> 0:17:37.680
<v Speaker 1>about half, not too bad. And beyond that, that means

0:17:37.680 --> 0:17:40.760
<v Speaker 1>that you could transport electricity farther than you can now,

0:17:41.240 --> 0:17:45.080
<v Speaker 1>which means you can look at a regional national grid.

0:17:45.200 --> 0:17:50.200
<v Speaker 1>Is is something whole right, Um, But you also can

0:17:50.240 --> 0:17:53.639
<v Speaker 1>take if you can connect these things better. If you

0:17:53.640 --> 0:17:57.040
<v Speaker 1>can connect these regional grids into a comprehensive national grid,

0:17:57.520 --> 0:18:01.879
<v Speaker 1>you can shuffle um wind power from one region of

0:18:01.920 --> 0:18:04.719
<v Speaker 1>the country to another, solar power from one region of

0:18:04.720 --> 0:18:06.840
<v Speaker 1>the country to another. Yeah. So what they did was

0:18:06.880 --> 0:18:10.000
<v Speaker 1>they made this really cool computer model, and they said,

0:18:10.080 --> 0:18:12.399
<v Speaker 1>let's figure this out. Let's divide the United States up

0:18:12.440 --> 0:18:17.240
<v Speaker 1>into a hundred and fifty two thousand squares. All of

0:18:17.280 --> 0:18:21.080
<v Speaker 1>these will are connected already, and let's input wind data

0:18:21.160 --> 0:18:23.760
<v Speaker 1>from a couple of years two thousand six to two

0:18:23.800 --> 0:18:27.360
<v Speaker 1>thousand eight nationally just to see where we're at. Let's

0:18:27.359 --> 0:18:30.160
<v Speaker 1>see where the wind's blowing, Let's see where these grids are,

0:18:30.480 --> 0:18:33.680
<v Speaker 1>and let's figure out demand where you need it most,

0:18:34.160 --> 0:18:38.240
<v Speaker 1>less windy places obviously, uh, less sunny places maybe, and

0:18:38.320 --> 0:18:41.000
<v Speaker 1>let's figure out what's the smartest way to lay this

0:18:41.080 --> 0:18:44.080
<v Speaker 1>out and where the best places to invest in building

0:18:44.720 --> 0:18:48.400
<v Speaker 1>these massive wind farms. Right. And they also were extremely

0:18:48.480 --> 0:18:52.000
<v Speaker 1>cautious in um their inputs into this model. Right. They

0:18:52.080 --> 0:18:55.200
<v Speaker 1>excluded national parks and mountain slopes where you can't put

0:18:55.359 --> 0:19:01.440
<v Speaker 1>UM windmills or solar arras UM. They included uh, anticipated

0:19:01.560 --> 0:19:06.120
<v Speaker 1>electrical demands in the future UM. And they basically used

0:19:06.160 --> 0:19:08.560
<v Speaker 1>all of the low end figures they could find. And

0:19:08.680 --> 0:19:12.639
<v Speaker 1>even with those low end figures, Chuck using these uh

0:19:12.920 --> 0:19:17.840
<v Speaker 1>these DC power lines and putting new windmill and solar

0:19:17.920 --> 0:19:22.080
<v Speaker 1>array outfits around the country in the right places, they

0:19:22.119 --> 0:19:24.720
<v Speaker 1>came up with the idea that we could cut c

0:19:24.920 --> 0:19:27.919
<v Speaker 1>O two emissions from power plants in the United States

0:19:28.520 --> 0:19:36.240
<v Speaker 1>by of those by that's insane, which is the goal

0:19:36.320 --> 0:19:40.120
<v Speaker 1>that we want less. And again they point out, we

0:19:40.119 --> 0:19:42.679
<v Speaker 1>were really cautious in our projections here. So this is

0:19:42.760 --> 0:19:44.919
<v Speaker 1>the low end, this is the least we could do

0:19:45.000 --> 0:19:47.959
<v Speaker 1>by doing this, and this is using technology that's all

0:19:48.000 --> 0:19:50.920
<v Speaker 1>available right now. Yeah, you point out the one big

0:19:50.960 --> 0:19:55.240
<v Speaker 1>caveat is that if electric cars really take off, like, um,

0:19:55.320 --> 0:19:58.520
<v Speaker 1>a lot of people hope they will. That um, they're

0:19:58.560 --> 0:20:01.960
<v Speaker 1>gonna have to ramp up production because that they'll just

0:20:02.080 --> 0:20:04.840
<v Speaker 1>be using a lot more power. Yeah, and they also

0:20:04.840 --> 0:20:07.320
<v Speaker 1>said they in the United States, it's not necessarily a

0:20:07.480 --> 0:20:12.080
<v Speaker 1>problem with um even finances or certainly not technology that

0:20:12.119 --> 0:20:15.000
<v Speaker 1>It usually just political will, like say, one part of

0:20:15.000 --> 0:20:16.880
<v Speaker 1>the country doesn't want to depend on another for its

0:20:16.960 --> 0:20:19.879
<v Speaker 1>power for some weird reason. I could totally see some

0:20:20.000 --> 0:20:23.119
<v Speaker 1>Georgia senator being like, we're not going to depend on

0:20:23.240 --> 0:20:26.480
<v Speaker 1>Kansas for our wind our prest I could see that too.

0:20:26.600 --> 0:20:28.920
<v Speaker 1>I could totally see it. But if you're taking this

0:20:28.920 --> 0:20:33.960
<v Speaker 1>this concept of the high voltage grid right, uh, and

0:20:34.000 --> 0:20:37.199
<v Speaker 1>in creating it from scratch in an area in the

0:20:37.240 --> 0:20:40.560
<v Speaker 1>developing world that doesn't have a grid to speak of, yeah,

0:20:40.720 --> 0:20:43.960
<v Speaker 1>they could really benefit exactly. Just build it, build it there,

0:20:44.080 --> 0:20:46.639
<v Speaker 1>and that's just the way it is. Yeah, it's super

0:20:46.760 --> 0:20:49.360
<v Speaker 1>I'm hyped about that one. That that one is. Which

0:20:49.359 --> 0:20:51.360
<v Speaker 1>one is your favorite so far? Well, that one so far,

0:20:52.000 --> 0:20:55.760
<v Speaker 1>This next one is neat, but it's uh, I just

0:20:55.760 --> 0:20:59.439
<v Speaker 1>can't even wrap my brain around you know what photo

0:20:59.560 --> 0:21:03.800
<v Speaker 1>voltae paint. Yeah, basically instead of a solar panel. How

0:21:03.800 --> 0:21:07.959
<v Speaker 1>about solar paint, Jack, how about painting the painting your

0:21:08.040 --> 0:21:13.360
<v Speaker 1>roof your roof with paint or with shingles that are

0:21:13.400 --> 0:21:16.200
<v Speaker 1>made from this stuff, which they already have, but they're

0:21:16.240 --> 0:21:19.760
<v Speaker 1>clumsy and cumbersome. This stuff. If you're using photovoltaic paint,

0:21:20.200 --> 0:21:25.880
<v Speaker 1>you're using paint that's mixed with um colloidial quantum dots

0:21:25.960 --> 0:21:28.720
<v Speaker 1>or some sort of nanoparticle, and there there are different

0:21:28.720 --> 0:21:32.400
<v Speaker 1>types of nanoparticles that create an electrical charge when exposed

0:21:32.400 --> 0:21:35.560
<v Speaker 1>to sunlight. Right, Well, if you have paint that's got

0:21:35.560 --> 0:21:37.639
<v Speaker 1>a bunch of these mixed in with it, and you

0:21:37.720 --> 0:21:40.399
<v Speaker 1>have a way to jack your house's power lines into

0:21:40.440 --> 0:21:44.399
<v Speaker 1>said paint, you can generate electricity just from painting your house.

0:21:45.240 --> 0:21:48.919
<v Speaker 1>And it's super flexible, it's easily transported, which is a

0:21:48.920 --> 0:21:51.440
<v Speaker 1>big deal. And if they can get costs down, which

0:21:51.440 --> 0:21:53.880
<v Speaker 1>it looks like they're starting to do um and get

0:21:53.880 --> 0:21:57.560
<v Speaker 1>efficiency up. I think the record right now is somewhere

0:21:57.600 --> 0:22:01.119
<v Speaker 1>around eight percent efficiency. So eight percent of the solar

0:22:01.200 --> 0:22:05.520
<v Speaker 1>power that that hits these things is converted into electricity. Yeah,

0:22:05.840 --> 0:22:09.240
<v Speaker 1>still not enough, but it's it's substantial and it's growing.

0:22:09.560 --> 0:22:11.200
<v Speaker 1>But if you can get these things up. This could

0:22:11.240 --> 0:22:14.679
<v Speaker 1>be extremely helpful for not just people in developing countries,

0:22:14.760 --> 0:22:16.640
<v Speaker 1>people in remote areas. Like, if you want to live

0:22:16.640 --> 0:22:19.760
<v Speaker 1>off the grid, just paint your house with this stuff. Yeah,

0:22:19.800 --> 0:22:21.720
<v Speaker 1>the whole side of your home, the roof of your home.

0:22:22.359 --> 0:22:25.240
<v Speaker 1>You could you could paint your cell phone in theory,

0:22:25.600 --> 0:22:29.439
<v Speaker 1>you can paint your car, paint your dog. How are

0:22:29.440 --> 0:22:32.960
<v Speaker 1>your dog? Don't paint your dog? I probably shouldn't paint.

0:22:32.960 --> 0:22:35.280
<v Speaker 1>This one is a bit mind blowing and it seems

0:22:35.280 --> 0:22:38.520
<v Speaker 1>slightly more far fetched as far as making it the

0:22:39.520 --> 0:22:43.160
<v Speaker 1>realistic way to go. Well, that's the thing. They found

0:22:43.160 --> 0:22:44.880
<v Speaker 1>that it works. But can you make it like big

0:22:44.880 --> 0:22:47.600
<v Speaker 1>and widespread and mass produced, right? I think I think so?

0:22:47.720 --> 0:22:51.280
<v Speaker 1>And um so using colloial quantum dots. I'm not quite

0:22:51.280 --> 0:22:54.040
<v Speaker 1>sure how handy those are, how easy to find those are.

0:22:54.400 --> 0:22:58.680
<v Speaker 1>There's another group UM that's working on making plastic ones

0:22:59.320 --> 0:23:03.160
<v Speaker 1>not a bad idea plastic solar cells, but like nanoparticles

0:23:03.160 --> 0:23:05.399
<v Speaker 1>made out of plastic that are that react to solar

0:23:05.520 --> 0:23:08.879
<v Speaker 1>energy and create electricity. Um and as we know, we

0:23:09.040 --> 0:23:11.199
<v Speaker 1>love to mass produce things as plastic and we can

0:23:11.240 --> 0:23:13.720
<v Speaker 1>do it cheaply, so that could definitely have a huge

0:23:13.720 --> 0:23:16.720
<v Speaker 1>impact on it. Once you start making something out of plastic,

0:23:16.760 --> 0:23:20.480
<v Speaker 1>that automatically means it's available for cheap. Good point, we're

0:23:20.560 --> 0:23:24.720
<v Speaker 1>masters of plastic. That's I think the world needs a

0:23:24.720 --> 0:23:27.399
<v Speaker 1>T shirt that says that masters a plastic. It's a

0:23:27.400 --> 0:23:30.800
<v Speaker 1>good band name opening up for cloydal Quantum Dots nice,

0:23:31.320 --> 0:23:35.359
<v Speaker 1>not bad. You got anything else on that? Uh? No,

0:23:35.760 --> 0:23:39.640
<v Speaker 1>I guess yeah. I think the high voltage power lines

0:23:39.680 --> 0:23:42.120
<v Speaker 1>are my favorite so far. Yeah, I'm still going with that.

0:23:42.400 --> 0:23:44.520
<v Speaker 1>UM And here's one thing that I know. We're going

0:23:44.560 --> 0:23:49.080
<v Speaker 1>to talk with Bill about our friend Bill because his

0:23:49.600 --> 0:23:52.960
<v Speaker 1>people that we were talking to said Bill gets really

0:23:52.960 --> 0:23:58.119
<v Speaker 1>excited about batteries and the future of batteries. UM, And

0:23:58.160 --> 0:24:01.240
<v Speaker 1>I think everyone in Renewable Inner G's excited about batteries

0:24:01.280 --> 0:24:05.280
<v Speaker 1>because batteries are awesome and they can they can do

0:24:05.320 --> 0:24:07.760
<v Speaker 1>a lot of things. They could potentially solve one of

0:24:07.800 --> 0:24:10.560
<v Speaker 1>the big problems that if we don't get those power

0:24:10.600 --> 0:24:13.440
<v Speaker 1>lines hooked up, you could at least generate a bunch

0:24:13.440 --> 0:24:16.080
<v Speaker 1>of wind and store them in a huge battery array

0:24:16.720 --> 0:24:20.920
<v Speaker 1>for future use. UM or a solar field and store

0:24:20.920 --> 0:24:24.040
<v Speaker 1>that in batteries. Right, So theoretically you could do all

0:24:24.080 --> 0:24:26.920
<v Speaker 1>this now, but the problem is that the costs are

0:24:27.040 --> 0:24:31.400
<v Speaker 1>so monumental in creating batteries that can that are big

0:24:31.520 --> 0:24:34.520
<v Speaker 1>enough to back up a power grid that you are

0:24:34.560 --> 0:24:38.000
<v Speaker 1>actually um in some cases, doubling or tripling the cost

0:24:38.080 --> 0:24:41.480
<v Speaker 1>of electricity. UM. And Bill Gates actually wrote, like this

0:24:41.560 --> 0:24:45.360
<v Speaker 1>guy's no shlub. He wrote a paper on energy bills.

0:24:45.960 --> 0:24:47.280
<v Speaker 1>He's no slove. I don't know if you know this

0:24:47.359 --> 0:24:50.440
<v Speaker 1>or not, but he wrote a paper on energy innovation.

0:24:50.800 --> 0:24:54.240
<v Speaker 1>And he points out that so if if batteries double

0:24:54.320 --> 0:24:57.480
<v Speaker 1>or triple the cost of electricity, if you somehow figured

0:24:57.480 --> 0:25:00.200
<v Speaker 1>out a way to generate electricity for free, it would

0:25:00.200 --> 0:25:02.400
<v Speaker 1>still cost two to three times what it does now

0:25:02.760 --> 0:25:05.080
<v Speaker 1>if you're backing up the grid with the battery, which

0:25:05.119 --> 0:25:07.879
<v Speaker 1>to him, into a lot of other observers says, we

0:25:07.920 --> 0:25:11.040
<v Speaker 1>need a better battery. And again, one alternative to that

0:25:11.160 --> 0:25:13.360
<v Speaker 1>is to get around the idea of batteries at all

0:25:13.720 --> 0:25:16.640
<v Speaker 1>by creating that high voltage power grids that can spread

0:25:16.880 --> 0:25:20.920
<v Speaker 1>wind and solar energy throughout an entire nation. But just

0:25:20.960 --> 0:25:24.119
<v Speaker 1>like the consumer level, UM, I know that Mr Elon

0:25:24.200 --> 0:25:26.280
<v Speaker 1>Musk and other really smart people are trying to develop

0:25:26.320 --> 0:25:29.320
<v Speaker 1>these batteries that can just do a better job for

0:25:29.400 --> 0:25:34.000
<v Speaker 1>your home solar setup, uh, because that there's so long

0:25:34.040 --> 0:25:36.159
<v Speaker 1>way to go even you know now. But yeah, but

0:25:36.240 --> 0:25:39.119
<v Speaker 1>if you can create a battery that that can store

0:25:40.000 --> 0:25:43.320
<v Speaker 1>wind power solar power, then you don't have to have

0:25:43.359 --> 0:25:47.520
<v Speaker 1>a fossil fuel UM plant to back up the solar

0:25:47.640 --> 0:25:51.120
<v Speaker 1>wind power for cloudy days or at night or days

0:25:51.160 --> 0:25:53.720
<v Speaker 1>when the wind just won't blow exactly no matter how

0:25:53.760 --> 0:25:58.840
<v Speaker 1>hard you wish the days. Uh. So I believe musks is, uh,

0:25:59.000 --> 0:26:02.640
<v Speaker 1>we're not really covering that. But weren't his uh lithium

0:26:02.680 --> 0:26:06.520
<v Speaker 1>ion base the big announcement, Yeah, recently. Yeah, what's it

0:26:06.560 --> 0:26:11.200
<v Speaker 1>called the Tesla Wall, the power wall, Tesla power Wall. So, yeah,

0:26:11.200 --> 0:26:14.760
<v Speaker 1>they're lithium ion batteries that like you can um charge

0:26:14.840 --> 0:26:17.399
<v Speaker 1>while you're hooked up to the grid or whatever, or

0:26:17.440 --> 0:26:20.199
<v Speaker 1>if you you got solar whatever you're backing up your

0:26:20.240 --> 0:26:24.560
<v Speaker 1>homes electricity. And I think each each battery lasts for

0:26:24.600 --> 0:26:27.560
<v Speaker 1>eight hours. The point is they're huge, and they're expensive,

0:26:27.800 --> 0:26:32.440
<v Speaker 1>and if you're extrapolating batteries onto helping the developing economies

0:26:32.440 --> 0:26:35.959
<v Speaker 1>of the world, um, you need to have cheap and

0:26:36.000 --> 0:26:40.480
<v Speaker 1>small and portable, right, um. And there's a lot of this.

0:26:40.760 --> 0:26:43.040
<v Speaker 1>The idea of coming up with a better battery is

0:26:43.119 --> 0:26:47.960
<v Speaker 1>essentially the holy grail as far as renewable energy goesblems.

0:26:47.960 --> 0:26:51.840
<v Speaker 1>It underpins almost every renewable energy project. And that you,

0:26:52.280 --> 0:26:55.920
<v Speaker 1>wind and solar are ephemeral. They don't happen all the time,

0:26:56.160 --> 0:26:58.600
<v Speaker 1>so you need to find a way to store the

0:26:58.720 --> 0:27:01.639
<v Speaker 1>excess m ounce that come to you when it is

0:27:01.680 --> 0:27:04.560
<v Speaker 1>sunny and when the wind is blowing. So batteries are

0:27:04.600 --> 0:27:06.960
<v Speaker 1>extremely important and there's a lot of people working on

0:27:07.000 --> 0:27:10.200
<v Speaker 1>them right now. Yeah, the one that is super promising

0:27:10.400 --> 0:27:13.960
<v Speaker 1>um that we're covering here. It's called the flow battery.

0:27:14.240 --> 0:27:18.199
<v Speaker 1>And forget what you thought about your mom and dad's

0:27:18.200 --> 0:27:20.600
<v Speaker 1>and your grandpa's batteries. Just throw them, throw them in

0:27:20.640 --> 0:27:22.600
<v Speaker 1>the in the trash. Well, don't do that, I think,

0:27:23.760 --> 0:27:26.320
<v Speaker 1>throw in the fire. No, no, no, I definitely don't

0:27:26.359 --> 0:27:30.080
<v Speaker 1>do that, shoot it into space. But the flow battery,

0:27:30.160 --> 0:27:32.240
<v Speaker 1>my friend, is where it's at I think as far

0:27:32.280 --> 0:27:37.119
<v Speaker 1>as the future is concerned. So well, there's many different

0:27:37.200 --> 0:27:40.240
<v Speaker 1>versions of flow batteries. There's actually one that UM I

0:27:40.280 --> 0:27:45.520
<v Speaker 1>saw as brand new that uses lithium ion technology along

0:27:45.560 --> 0:27:48.080
<v Speaker 1>with the flow system, which we're gonna talk about in

0:27:48.080 --> 0:27:50.480
<v Speaker 1>a second. The one that's the lithium ion can actually

0:27:50.520 --> 0:27:53.639
<v Speaker 1>store that. The combo can actually store ten times what

0:27:53.720 --> 0:27:57.520
<v Speaker 1>a regular flow battery can, which is great. The downside is,

0:27:57.640 --> 0:28:01.040
<v Speaker 1>there's always a downside, UH is it's power delivery is

0:28:01.080 --> 0:28:05.160
<v Speaker 1>ten thousand times slower than conventional flow battery. That takes

0:28:05.160 --> 0:28:07.040
<v Speaker 1>a while. The charge of phones. It's like, we got

0:28:07.080 --> 0:28:12.280
<v Speaker 1>lots of power stored. They're like, uh, what's the bad news. Um,

0:28:12.040 --> 0:28:14.720
<v Speaker 1>it's ten thousand times slower than what you're used to.

0:28:14.880 --> 0:28:17.840
<v Speaker 1>But UM, once you break down that the standard UH

0:28:18.440 --> 0:28:21.760
<v Speaker 1>flow battery, it's pretty ingenious. So UM, with a with

0:28:21.840 --> 0:28:25.520
<v Speaker 1>a flow battery, you have UM. You have two receiving

0:28:25.560 --> 0:28:29.160
<v Speaker 1>tanks and two holding tanks, right, and as this uh,

0:28:29.280 --> 0:28:32.360
<v Speaker 1>the liquid inside, the fluid inside is an electrolyte fluid, right,

0:28:32.560 --> 0:28:35.959
<v Speaker 1>So basically gatorade, it's UM. It's it's a fluid that

0:28:36.000 --> 0:28:40.160
<v Speaker 1>contains an electrical charge, and as it flows from receiving

0:28:40.200 --> 0:28:43.040
<v Speaker 1>tank to holding tank, it actually creates a charge where

0:28:43.000 --> 0:28:46.920
<v Speaker 1>it transmits this charge and UM charges itself, right or

0:28:47.000 --> 0:28:50.480
<v Speaker 1>powers whatever you want. The cool thing about flow batteries

0:28:50.720 --> 0:28:53.040
<v Speaker 1>are well, one of the we should say one of

0:28:53.080 --> 0:28:55.640
<v Speaker 1>the drawbacks is that they're big. They need to be big.

0:28:55.920 --> 0:28:59.000
<v Speaker 1>I think about the smallest you could you could um

0:28:59.520 --> 0:29:03.240
<v Speaker 1>come up with if this, say, the size of an aquarium. Yeah.

0:29:03.240 --> 0:29:05.440
<v Speaker 1>Well it's also an advantage because they can be as

0:29:05.440 --> 0:29:08.080
<v Speaker 1>big as you want. That is an advantage. Create one

0:29:08.240 --> 0:29:10.800
<v Speaker 1>literally the size of a football stadium if you want,

0:29:11.080 --> 0:29:13.160
<v Speaker 1>if you yeah, if you have enough gatorade, that could

0:29:13.200 --> 0:29:18.240
<v Speaker 1>store all the energy of an entire solar field. So so,

0:29:18.920 --> 0:29:22.160
<v Speaker 1>And the great thing about a flow battery is it

0:29:22.200 --> 0:29:26.160
<v Speaker 1>will store this charge indefinitely like this the electro light

0:29:26.360 --> 0:29:30.160
<v Speaker 1>is the fluid is never gonna lose its charge permanently.

0:29:30.360 --> 0:29:33.160
<v Speaker 1>It can always be recharged by moving it from receiving

0:29:33.160 --> 0:29:35.120
<v Speaker 1>tank to holding tank. Yeah. And I think the biggest

0:29:35.160 --> 0:29:39.560
<v Speaker 1>advantages it's instantly recharged when you replace that fluid. There's

0:29:39.560 --> 0:29:41.840
<v Speaker 1>I don't think there's even any lag time. It's just boom,

0:29:43.840 --> 0:29:46.480
<v Speaker 1>it's going again, So Chuck, what we've been talking about

0:29:46.520 --> 0:29:48.520
<v Speaker 1>so far as as far as batteries are concerned, is

0:29:48.560 --> 0:29:51.720
<v Speaker 1>a way to store electricity. But there's actually other stuff

0:29:51.760 --> 0:29:55.640
<v Speaker 1>you can store to to generate electricity from. And heats

0:29:55.680 --> 0:29:58.760
<v Speaker 1>a big one, yeah, because we've talked again and again

0:29:58.800 --> 0:30:01.840
<v Speaker 1>about how sort of archaic and weird it is that

0:30:01.880 --> 0:30:05.680
<v Speaker 1>we still create heat to spend a turbine to create

0:30:05.760 --> 0:30:08.120
<v Speaker 1>steam to spin a turbine, just like we did in

0:30:08.240 --> 0:30:11.120
<v Speaker 1>the Industrial Revolution. As fancy as you want to get

0:30:11.240 --> 0:30:17.520
<v Speaker 1>using nuclear clear rod, you're still generating steam to spin

0:30:17.560 --> 0:30:20.120
<v Speaker 1>a turbine. That's the whole point, that's the end result, right.

0:30:20.360 --> 0:30:22.800
<v Speaker 1>I love it. And if you're if that floats your boat,

0:30:22.880 --> 0:30:24.840
<v Speaker 1>if that made your eyes just pop out of your head,

0:30:25.080 --> 0:30:27.840
<v Speaker 1>go listen to our electricity episode, which is one of

0:30:27.840 --> 0:30:30.120
<v Speaker 1>my all time favorites. Yeah, we did one on nuclear

0:30:30.200 --> 0:30:35.080
<v Speaker 1>power to right, we did after Fukushima, So, uh, you

0:30:35.120 --> 0:30:39.600
<v Speaker 1>can actually store that heat, correct in the future. Now,

0:30:39.640 --> 0:30:45.400
<v Speaker 1>even there's condensing solar um power plants, then they take

0:30:45.440 --> 0:30:48.880
<v Speaker 1>the heat from the sun, so they're not storing the energy.

0:30:49.640 --> 0:30:51.840
<v Speaker 1>There's no way they're not storing the energy. I looked

0:30:51.840 --> 0:30:54.160
<v Speaker 1>and and it seemed like everybody was just talking about

0:30:54.160 --> 0:30:56.320
<v Speaker 1>the heat. But they also have to store the solar

0:30:56.440 --> 0:30:59.680
<v Speaker 1>energy as well. What a waste, right, So at the

0:30:59.760 --> 0:31:02.280
<v Speaker 1>very least they store the heat, and they usually store

0:31:02.280 --> 0:31:05.160
<v Speaker 1>it as molten salt. But they found out that if

0:31:05.200 --> 0:31:08.680
<v Speaker 1>you use a super critical fluid, which is a fluid

0:31:08.720 --> 0:31:11.600
<v Speaker 1>that's heated to a point where it basically no longer

0:31:11.640 --> 0:31:15.520
<v Speaker 1>recognizes the distinction between liquid or gaseous form, and it

0:31:15.560 --> 0:31:18.880
<v Speaker 1>can do all sorts of crazy stuff. Um, if you

0:31:18.920 --> 0:31:22.120
<v Speaker 1>take a supercritical fluid, you can take the heat, the

0:31:22.120 --> 0:31:25.840
<v Speaker 1>thermal heat from the sun and store that heat in

0:31:25.920 --> 0:31:29.120
<v Speaker 1>there and then use it later on by releasing that

0:31:29.240 --> 0:31:33.920
<v Speaker 1>heat to heat water and generate steam to spin a turbine.

0:31:34.320 --> 0:31:38.360
<v Speaker 1>Also another great band name, spin a turbine. No supercritical fluid.

0:31:38.440 --> 0:31:40.600
<v Speaker 1>I agree. I think if you want to name your band,

0:31:40.640 --> 0:31:43.400
<v Speaker 1>just look into renewable energy, as they're like cool names

0:31:43.440 --> 0:31:46.840
<v Speaker 1>all over the place, or just call your band Bill Gates,

0:31:47.600 --> 0:31:51.840
<v Speaker 1>our pal Bill. Not bad. Uh, you got anything else

0:31:51.880 --> 0:31:54.000
<v Speaker 1>for now? No? I mean I could sit here and

0:31:54.000 --> 0:31:56.440
<v Speaker 1>talk about this stuff forever, but let's talk to Bill

0:31:56.480 --> 0:31:59.360
<v Speaker 1>Gates about it instead. Great idea, and Chuck, we will

0:31:59.400 --> 0:32:16.880
<v Speaker 1>do that right for this break. Okay, everyone, we are back.

0:32:17.560 --> 0:32:19.440
<v Speaker 1>We are in a hotel room in New York City

0:32:19.920 --> 0:32:23.320
<v Speaker 1>with Mr Bill Gates, which is a little unusual for us,

0:32:23.640 --> 0:32:26.080
<v Speaker 1>to say the least. It's an unusual Monday, for sure.

0:32:26.160 --> 0:32:28.720
<v Speaker 1>It is. His folks reached out and asked if we

0:32:28.760 --> 0:32:31.000
<v Speaker 1>would make an exception about having a guest on the show,

0:32:31.120 --> 0:32:34.080
<v Speaker 1>and we thought about it for about point one seconds

0:32:34.640 --> 0:32:36.600
<v Speaker 1>in staid of course, we'd love to have Bill Gates

0:32:36.640 --> 0:32:39.000
<v Speaker 1>on the show, So thank you, sir for being here.

0:32:39.320 --> 0:32:41.440
<v Speaker 1>And we already recorded the first part of the show

0:32:41.520 --> 0:32:46.400
<v Speaker 1>on renewable energy UM, specifically a few different technologies UM

0:32:46.440 --> 0:32:49.640
<v Speaker 1>in the future that are pretty exciting, and so I

0:32:49.680 --> 0:32:51.480
<v Speaker 1>think Josh wanted to go ahead and kick it off

0:32:51.520 --> 0:32:54.360
<v Speaker 1>with a relevant question. So we got kind of, you know,

0:32:54.440 --> 0:32:56.080
<v Speaker 1>into the nuts and bolts of some of the tech.

0:32:56.160 --> 0:32:57.480
<v Speaker 1>But one of the things we didn't cover and we

0:32:57.520 --> 0:32:58.920
<v Speaker 1>wanted to hear from use what are some of the

0:32:58.960 --> 0:33:02.480
<v Speaker 1>obstacles that this renewable tech that's just right there on

0:33:02.520 --> 0:33:05.800
<v Speaker 1>the horizon. What's keeping them from being deployed now, especially

0:33:05.840 --> 0:33:11.800
<v Speaker 1>in the developing world. Well, when we think about energy, uh,

0:33:11.880 --> 0:33:15.239
<v Speaker 1>one of the key things is reliability. If you just

0:33:15.320 --> 0:33:18.800
<v Speaker 1>have energy when the wind blows, when the sunshine, that's

0:33:18.800 --> 0:33:22.280
<v Speaker 1>not very helpful. You know, if somebody's freezing in their

0:33:22.320 --> 0:33:26.120
<v Speaker 1>apartment on a winter night, they need energy. If you're

0:33:26.120 --> 0:33:31.080
<v Speaker 1>gonna build a factory, say to build cars that, because

0:33:31.120 --> 0:33:34.600
<v Speaker 1>of your huge capital cost, needs to run twenty four

0:33:34.600 --> 0:33:38.120
<v Speaker 1>hours a day, and so it's got to have reliable energy.

0:33:38.200 --> 0:33:42.200
<v Speaker 1>And so the market isn't just for energy. The market

0:33:42.360 --> 0:33:47.160
<v Speaker 1>is for totally reliable energy. Unfortunately, a lot of the

0:33:47.200 --> 0:33:52.560
<v Speaker 1>breakthroughs we've had UH wind and sun, we don't have

0:33:53.000 --> 0:33:59.520
<v Speaker 1>those directly generate electricity, and storing electricity is very, very hard.

0:34:00.560 --> 0:34:03.200
<v Speaker 1>All the batteries in the world today would not store

0:34:04.120 --> 0:34:07.440
<v Speaker 1>every laptop, every car, everything, would not store an hour's

0:34:07.560 --> 0:34:13.759
<v Speaker 1>worth of global energy use. And batteries haven't improved much

0:34:13.960 --> 0:34:16.960
<v Speaker 1>in the last hundred years. They're less than three times

0:34:17.000 --> 0:34:21.360
<v Speaker 1>better than the battery that Edison, if he were revived,

0:34:21.400 --> 0:34:25.879
<v Speaker 1>would recognize, which is a lead chemistry battery. It's really

0:34:25.920 --> 0:34:29.080
<v Speaker 1>the lithium ion is has given us an improvement. But

0:34:29.840 --> 0:34:33.480
<v Speaker 1>in order to really work for the grid, you need

0:34:33.520 --> 0:34:38.040
<v Speaker 1>a factor of ten, which UH. Anyway, it's very tough

0:34:38.120 --> 0:34:41.200
<v Speaker 1>to make that work. And so if we we need

0:34:41.239 --> 0:34:46.360
<v Speaker 1>to pursue breakthrough paths that don't assume a storage miracle,

0:34:47.200 --> 0:34:50.279
<v Speaker 1>UH like if you could take the sun directly and

0:34:50.480 --> 0:34:57.560
<v Speaker 1>make liquid fuels just say gasoline, but any hydrocarbon UH

0:34:57.719 --> 0:35:00.480
<v Speaker 1>that's liquid that's easy to store. You put it in

0:35:00.480 --> 0:35:03.040
<v Speaker 1>a big metal tank, you put it in a pipe, UH.

0:35:03.640 --> 0:35:08.239
<v Speaker 1>And the whole infrastructure is geared towards liquid. The transport

0:35:08.680 --> 0:35:13.120
<v Speaker 1>UH infrastructure is geared towards liquid hydrocarbons, and so if

0:35:13.120 --> 0:35:18.319
<v Speaker 1>you could possibly do that, it would have a big advantage.

0:35:18.400 --> 0:35:21.520
<v Speaker 1>And we we talked about artificial photosynthesis technology and it

0:35:21.520 --> 0:35:25.040
<v Speaker 1>doesn't quite promising. Yeah, and well, actually that brings up

0:35:25.080 --> 0:35:28.840
<v Speaker 1>something that We've done quite a few podcasts on different

0:35:28.840 --> 0:35:31.399
<v Speaker 1>technologies in the future for renewable energy, and I feel

0:35:31.440 --> 0:35:33.680
<v Speaker 1>like every time we cover one, we both end up

0:35:33.719 --> 0:35:36.759
<v Speaker 1>thinking why this is this is the one, This is fantastic.

0:35:37.080 --> 0:35:41.680
<v Speaker 1>And I guess my question is, while different going down

0:35:41.680 --> 0:35:45.200
<v Speaker 1>different paths is great for innovation, when should people start

0:35:45.280 --> 0:35:48.359
<v Speaker 1>focusing on all? Right, now, this is the one that

0:35:48.400 --> 0:35:54.000
<v Speaker 1>we should put our efforts into. Well, the capitalism is

0:35:54.160 --> 0:35:57.200
<v Speaker 1>very good at this. UH. At the start of the

0:35:57.239 --> 0:36:00.920
<v Speaker 1>auto industry, if you'd really handy hap things and looked

0:36:00.920 --> 0:36:06.799
<v Speaker 1>at the steam cars, UH, the electric car and the

0:36:06.840 --> 0:36:13.000
<v Speaker 1>internal combustion engine, you probably have guessed set the internal

0:36:13.040 --> 0:36:18.480
<v Speaker 1>combustion would not succeed. The mechanics of all that explosion

0:36:18.600 --> 0:36:22.560
<v Speaker 1>and those metal parts fatiguing, and it just seems so

0:36:22.760 --> 0:36:25.920
<v Speaker 1>dangerous and so hard to get right. And the thing

0:36:26.000 --> 0:36:31.480
<v Speaker 1>that made it win is the energy density of gasoline.

0:36:31.560 --> 0:36:35.040
<v Speaker 1>Gasoline UH, one of my favorite books and this is

0:36:35.040 --> 0:36:40.520
<v Speaker 1>called physics for future presidents. That has some basic things

0:36:40.600 --> 0:36:44.240
<v Speaker 1>that that should be probably known. Gasoline is ten times

0:36:44.280 --> 0:36:48.239
<v Speaker 1>as energy dens as are best batteries are, so you're

0:36:48.840 --> 0:36:51.160
<v Speaker 1>you know, when you switch from a gasoline car to

0:36:51.160 --> 0:36:54.359
<v Speaker 1>an electric car, that's why your range goes down a lot.

0:36:54.400 --> 0:36:57.760
<v Speaker 1>And yet the weight of those batteries is way more

0:36:58.360 --> 0:37:04.920
<v Speaker 1>than your cat seleme tank was before. So Uh, Henry

0:37:04.920 --> 0:37:09.759
<v Speaker 1>Ford happened to bat on internal combustion. A few other

0:37:09.840 --> 0:37:13.400
<v Speaker 1>people that on those others, and they had companies that

0:37:13.440 --> 0:37:17.480
<v Speaker 1>were pricing their products and talking about the maintainability of

0:37:17.480 --> 0:37:23.000
<v Speaker 1>their products. And over time, Uh, the interim commussion went

0:37:23.080 --> 0:37:27.360
<v Speaker 1>out so dramatically that uh, it's hard to even remember

0:37:27.480 --> 0:37:29.360
<v Speaker 1>that those things were there. All you go to the

0:37:29.400 --> 0:37:33.319
<v Speaker 1>right newseum, those are still there. This energy thing will

0:37:33.400 --> 0:37:36.280
<v Speaker 1>be the same way. I mean, you know, high wind

0:37:36.480 --> 0:37:39.160
<v Speaker 1>sounds like the jet stream. You know, it sounds like

0:37:39.200 --> 0:37:44.000
<v Speaker 1>a crazy idea. The solar fuels are what uh you're calling,

0:37:44.320 --> 0:37:51.080
<v Speaker 1>um synthetic photosynthesis. If it doesn't want people say, well,

0:37:51.120 --> 0:37:53.439
<v Speaker 1>of course that was silly. And if it does where

0:37:53.440 --> 0:37:56.440
<v Speaker 1>people say, well, of course that was that was brilliant.

0:37:56.640 --> 0:38:00.960
<v Speaker 1>When nuclear energy came along, Uh. There was a quote

0:38:00.960 --> 0:38:03.600
<v Speaker 1>from the head of the Atomic Energy Commission that electricity

0:38:03.640 --> 0:38:08.080
<v Speaker 1>will be too cheap to meet now. Unfortunately he underestimated

0:38:08.120 --> 0:38:12.360
<v Speaker 1>the complexities of radiation containment, all of the safety things,

0:38:12.800 --> 0:38:15.279
<v Speaker 1>which in my view means that we need a whole

0:38:15.280 --> 0:38:19.960
<v Speaker 1>new generation of reactors whose safety characteristics are dramatically better

0:38:20.000 --> 0:38:24.440
<v Speaker 1>and different than what we make today. Is called third generation.

0:38:24.520 --> 0:38:27.680
<v Speaker 1>We need this fourth generation that that will be like that.

0:38:27.920 --> 0:38:29.360
<v Speaker 1>So I think we need to go down about a

0:38:29.400 --> 0:38:34.279
<v Speaker 1>dozen different paths. Uh. And even one that um uh

0:38:34.600 --> 0:38:39.440
<v Speaker 1>it's still worth exploring, is called carbon capture and sequestration.

0:38:39.760 --> 0:38:42.880
<v Speaker 1>So we're still during the hydrocarbon but uh, with a

0:38:42.920 --> 0:38:45.800
<v Speaker 1>little bit of extra chemistry, you take that fluid gas

0:38:46.160 --> 0:38:49.920
<v Speaker 1>which is about twelve c O two and you converted

0:38:50.000 --> 0:38:52.120
<v Speaker 1>to liquids, and then of course you have to have

0:38:52.239 --> 0:38:55.680
<v Speaker 1>to find some long term storage and you use that

0:38:55.719 --> 0:38:58.920
<v Speaker 1>as a feedstock for artificial photosynthesis. I believe you can,

0:38:59.120 --> 0:39:02.359
<v Speaker 1>or they're working on it now right. Greenhouses Uh have

0:39:02.719 --> 0:39:07.840
<v Speaker 1>enhanced c O two, so plants love c O two. Uh.

0:39:07.880 --> 0:39:11.680
<v Speaker 1>In fact, plants had a hard time CEO two got

0:39:11.680 --> 0:39:15.520
<v Speaker 1>down to about a hundred and seventy parts per million,

0:39:16.080 --> 0:39:20.440
<v Speaker 1>and plants you even saw plant chemistry change and uh,

0:39:20.680 --> 0:39:24.000
<v Speaker 1>because that's very tough. That's when a photo senter the

0:39:24.040 --> 0:39:29.640
<v Speaker 1>C four chemistry uh evolved, which may's corn happens to use.

0:39:29.760 --> 0:39:34.440
<v Speaker 1>Right now, Now we're up at four ppm, but if

0:39:34.480 --> 0:39:36.480
<v Speaker 1>you in a greenhouse, if you run it up to

0:39:37.880 --> 0:39:43.720
<v Speaker 1>two two thousand ppm, then the plants, actually some plants

0:39:43.760 --> 0:39:47.040
<v Speaker 1>actually go quite a bit faster. Um. We've we've done

0:39:47.080 --> 0:39:50.120
<v Speaker 1>some episodes before. We did one specifically on how the

0:39:50.160 --> 0:39:53.319
<v Speaker 1>automobile became the dominant form of transportation in the US, right,

0:39:53.600 --> 0:39:55.960
<v Speaker 1>And from what I remember, it seemed like the answer

0:39:56.120 --> 0:39:58.600
<v Speaker 1>was there was a lot of lobbying behind it, and

0:39:59.080 --> 0:40:03.080
<v Speaker 1>government gotten evolved in now we all drive cars, right,

0:40:03.120 --> 0:40:06.680
<v Speaker 1>gasoline powered cars. What's the role of government today? And

0:40:06.719 --> 0:40:11.080
<v Speaker 1>getting renewables out there, especially in developing countries. Yeah, New

0:40:11.160 --> 0:40:14.640
<v Speaker 1>York City actually couldn't figure out how they were going

0:40:14.640 --> 0:40:18.840
<v Speaker 1>to deal with horse manure, and so, you know, cars

0:40:18.880 --> 0:40:21.520
<v Speaker 1>had to compete with horses, but horses did have some

0:40:21.840 --> 0:40:26.720
<v Speaker 1>serious drawbacks. You know, later we figured out that the uh,

0:40:26.960 --> 0:40:30.000
<v Speaker 1>nitrous ox sides and things coming out of the tailpipe

0:40:30.000 --> 0:40:32.160
<v Speaker 1>of the car, we're a problem. But at the time

0:40:32.200 --> 0:40:35.360
<v Speaker 1>it was a dramatic improvement of what came out of

0:40:34.920 --> 0:40:42.080
<v Speaker 1>the previous tailpipe renewable energy. When you get to say India,

0:40:42.600 --> 0:40:48.359
<v Speaker 1>which is paradigmatic because they still are not giving their

0:40:48.400 --> 0:40:51.560
<v Speaker 1>citizens even a tenth of the electricity per person that

0:40:51.600 --> 0:40:54.720
<v Speaker 1>we provide. So the idea of lights at night, or

0:40:55.000 --> 0:40:58.880
<v Speaker 1>refrigerating food or cooking with a skull that doesn't pollute

0:40:58.880 --> 0:41:03.880
<v Speaker 1>your lungs, most of Indians don't have that, so on

0:41:03.920 --> 0:41:07.279
<v Speaker 1>behalf of their citizens. They want to move to have

0:41:07.440 --> 0:41:11.600
<v Speaker 1>what we have, which is an energy intense lifestyle. And

0:41:11.680 --> 0:41:15.320
<v Speaker 1>if all Indians got everything we have, they want to

0:41:15.400 --> 0:41:18.840
<v Speaker 1>admitted as much as many much greenhouse gas per person

0:41:19.800 --> 0:41:23.080
<v Speaker 1>as we have until well after the end of this century.

0:41:23.160 --> 0:41:27.560
<v Speaker 1>So in a certain just a sense that their electrifying

0:41:27.600 --> 0:41:32.200
<v Speaker 1>their society will save lives and it's not a bad thing.

0:41:32.960 --> 0:41:38.359
<v Speaker 1>And yet the world UH wants them to do it

0:41:38.640 --> 0:41:41.279
<v Speaker 1>in a with a constraint that we didn't have, which

0:41:41.360 --> 0:41:44.640
<v Speaker 1>is to not admit the greenhouse gases. So if we

0:41:45.120 --> 0:41:47.520
<v Speaker 1>can do the invention, we can fund the R and

0:41:47.600 --> 0:41:50.600
<v Speaker 1>D and maybe even the first few pilot plants to

0:41:50.640 --> 0:41:55.000
<v Speaker 1>get the economies of scale and learning cur benefits. UH.

0:41:55.080 --> 0:41:57.840
<v Speaker 1>Then if we can offer to them a form of

0:41:57.880 --> 0:42:01.920
<v Speaker 1>electrification that's nonpollut rooting. Then you get the best of

0:42:01.920 --> 0:42:06.000
<v Speaker 1>both worlds. If you can't do that, Uh, then they

0:42:06.040 --> 0:42:10.680
<v Speaker 1>have a dilemma, which is the imperative of getting their

0:42:10.719 --> 0:42:15.360
<v Speaker 1>citizens what we already have versus this this global problem.

0:42:15.440 --> 0:42:18.360
<v Speaker 1>And so that's why we didn't have innovation. I wouldn't

0:42:18.400 --> 0:42:22.080
<v Speaker 1>be very optimistic that the climate change problem would get solved.

0:42:22.320 --> 0:42:26.560
<v Speaker 1>In fact, some people think it's easy to solve. Uh,

0:42:26.600 --> 0:42:28.759
<v Speaker 1>and that you know that could hold his back from

0:42:28.760 --> 0:42:33.320
<v Speaker 1>making these long term investments. Uh. One thing we often

0:42:33.320 --> 0:42:37.160
<v Speaker 1>hear from listeners when we podcasts and stuff like this is, uh,

0:42:37.200 --> 0:42:40.000
<v Speaker 1>what can I do just in my home? And I

0:42:40.080 --> 0:42:43.640
<v Speaker 1>know that Uh, you made a point about just the

0:42:43.640 --> 0:42:47.040
<v Speaker 1>the see the lightbulbs that people are using now, and

0:42:47.280 --> 0:42:51.160
<v Speaker 1>little differences like that can help. But in a bigger picture,

0:42:51.280 --> 0:42:55.400
<v Speaker 1>where does your average Joe fit in? Well, the United

0:42:55.400 --> 0:43:00.320
<v Speaker 1>States uses twice as much energy per person as other

0:43:00.719 --> 0:43:04.680
<v Speaker 1>rich countries do, so Europe and Japan would be less

0:43:04.680 --> 0:43:07.680
<v Speaker 1>than half of US. Canada's a lot like US, uh,

0:43:07.719 --> 0:43:11.120
<v Speaker 1>And it's partly the way we built up our infrastructure.

0:43:11.160 --> 0:43:15.080
<v Speaker 1>We live further away from our work. Generally, we have

0:43:15.200 --> 0:43:18.760
<v Speaker 1>more lighting around our house, more air conditioning. My favorite

0:43:18.840 --> 0:43:23.640
<v Speaker 1>energy author, um who lives up in Canada, Boss lots Meal.

0:43:24.120 --> 0:43:27.920
<v Speaker 1>When he shows a picture of what how doses look

0:43:27.960 --> 0:43:30.120
<v Speaker 1>like in the fifties where there were many lights on

0:43:30.560 --> 0:43:32.920
<v Speaker 1>at night, and what they look like now. You know,

0:43:32.960 --> 0:43:35.560
<v Speaker 1>he looks at how big American cars are, so he

0:43:35.600 --> 0:43:41.400
<v Speaker 1>would say, Hey, the US, for a lot of reasons, UH,

0:43:41.640 --> 0:43:47.000
<v Speaker 1>should be more reasonable about resource usage. That alone is

0:43:47.040 --> 0:43:49.799
<v Speaker 1>not going to solve climate change. Uh. You know, the

0:43:49.880 --> 0:43:53.560
<v Speaker 1>idea of using as little as you can, it's it's smart,

0:43:53.600 --> 0:43:56.440
<v Speaker 1>it's good discipline, it's good for the world. It allows

0:43:56.520 --> 0:44:01.120
<v Speaker 1>those same resources to be used by other people. And remember,

0:44:01.239 --> 0:44:05.720
<v Speaker 1>energy is still causing local pollution coal plants. The understanding

0:44:05.800 --> 0:44:09.200
<v Speaker 1>of what particulate does to health and how that's about

0:44:09.239 --> 0:44:13.440
<v Speaker 1>for our health that continues to increase. And so cutting

0:44:13.480 --> 0:44:17.200
<v Speaker 1>down on energy usage is not just a good thing

0:44:17.280 --> 0:44:20.120
<v Speaker 1>for globe warm and cutting down on water usage and

0:44:20.200 --> 0:44:25.440
<v Speaker 1>it makes that water available for the ecosystem, for farming

0:44:25.440 --> 0:44:28.719
<v Speaker 1>and lots of things. So being smart about hey, how

0:44:28.800 --> 0:44:31.600
<v Speaker 1>much energy do we use? H? And why do we

0:44:31.680 --> 0:44:34.680
<v Speaker 1>use so much? And did we pay attention to that

0:44:34.960 --> 0:44:39.480
<v Speaker 1>funny label that Thank goodness, the government now requires uh,

0:44:39.680 --> 0:44:45.160
<v Speaker 1>that appliances have energy usage labeling because people were uh

0:44:45.440 --> 0:44:48.839
<v Speaker 1>wasting a lot of money buying a cheap refrigerator who

0:44:48.840 --> 0:44:52.640
<v Speaker 1>would increase their electricity build dramatically over time. We still

0:44:52.640 --> 0:44:54.839
<v Speaker 1>have that in terms of how we build houses that

0:44:55.160 --> 0:44:57.800
<v Speaker 1>it would be worth putting more into the original building

0:44:58.400 --> 0:45:02.279
<v Speaker 1>to have less heat leak eats in the in the

0:45:02.320 --> 0:45:08.360
<v Speaker 1>winter or cooling benefits in the summer. Uh, we really

0:45:08.360 --> 0:45:11.600
<v Speaker 1>should put more into that capital expense, which is easiest

0:45:11.960 --> 0:45:14.440
<v Speaker 1>when you do the initial build instead of the retrofit.

0:45:14.480 --> 0:45:17.480
<v Speaker 1>But even the retrofit is sometimes we're doing. So there

0:45:17.520 --> 0:45:21.600
<v Speaker 1>is still a role for the average person in you know,

0:45:21.760 --> 0:45:24.960
<v Speaker 1>fighting climate change, I guess, or being responsible with energy

0:45:25.040 --> 0:45:28.200
<v Speaker 1>users beyond forming like a human chain blocking off a

0:45:28.239 --> 0:45:32.279
<v Speaker 1>fossil fuel power plan or something. Well we're all complicit

0:45:32.360 --> 0:45:37.880
<v Speaker 1>in using fossil fuels today. Um and so you know

0:45:37.960 --> 0:45:41.960
<v Speaker 1>you it. If there was a choice of going cold Turkey,

0:45:42.960 --> 0:45:46.200
<v Speaker 1>I don't think most people would choose that. The way

0:45:46.239 --> 0:45:49.399
<v Speaker 1>people can contribute, they can set examples through their own

0:45:49.520 --> 0:45:54.200
<v Speaker 1>use their voice about hey, we care about this issue

0:45:54.280 --> 0:45:56.760
<v Speaker 1>and we want these long term investments to be made.

0:45:57.200 --> 0:46:00.400
<v Speaker 1>That is super important. And if they can go to

0:46:00.520 --> 0:46:04.440
<v Speaker 1>Africa and see what it's like to live without energy. Uh.

0:46:04.520 --> 0:46:07.400
<v Speaker 1>Once you visit, that will become part of your value

0:46:07.440 --> 0:46:13.040
<v Speaker 1>system to think how can we treat those lives as

0:46:13.160 --> 0:46:18.280
<v Speaker 1>having equal value, whether that's health or energy or all

0:46:18.360 --> 0:46:22.719
<v Speaker 1>the things that that that we take for granted. So, um,

0:46:23.080 --> 0:46:26.719
<v Speaker 1>we got one last question. Yeah, just on a personal note.

0:46:26.760 --> 0:46:28.279
<v Speaker 1>I was kind of wondering. I was. I was thinking

0:46:28.320 --> 0:46:31.160
<v Speaker 1>the other day, I'm in my mid forties now and

0:46:31.320 --> 0:46:34.359
<v Speaker 1>have my first baby, and I think that's the point, um,

0:46:34.400 --> 0:46:36.360
<v Speaker 1>at least in my life where I start sort of

0:46:36.360 --> 0:46:38.560
<v Speaker 1>looking at where I am and as I speed toward

0:46:38.600 --> 0:46:40.440
<v Speaker 1>the grave, and what have I done with my life?

0:46:40.760 --> 0:46:43.680
<v Speaker 1>And I was wondering, what was there a defining moment

0:46:43.719 --> 0:46:45.560
<v Speaker 1>in your life where you kind of stopped and said,

0:46:45.680 --> 0:46:48.359
<v Speaker 1>I'm Bill Gates, I've accomplished quite a bit and now

0:46:48.400 --> 0:46:51.560
<v Speaker 1>I'm going to focus on the future of the world.

0:46:51.600 --> 0:46:53.719
<v Speaker 1>And did having kids have something to do with that

0:46:53.840 --> 0:46:57.279
<v Speaker 1>or what? Well, it's what was that for you? Well,

0:46:57.320 --> 0:47:01.120
<v Speaker 1>I've been super lucky and that my early exposure to

0:47:01.160 --> 0:47:05.239
<v Speaker 1>computers and lots of great people uh around that. So

0:47:05.320 --> 0:47:10.080
<v Speaker 1>the building microsoft to mean fanatical about that, Uh, you know,

0:47:10.200 --> 0:47:14.960
<v Speaker 1>kept me busy and very happy. My twenties thirties. Then

0:47:15.000 --> 0:47:19.479
<v Speaker 1>in my forties, UH, I had gotten married at thirty eight,

0:47:19.920 --> 0:47:22.359
<v Speaker 1>my first child was born. When I was forty one,

0:47:22.880 --> 0:47:25.839
<v Speaker 1>I started to gain more balance UH, and I knew

0:47:25.880 --> 0:47:31.080
<v Speaker 1>that somebody younger than me UH should eventually take over Microsoft,

0:47:31.200 --> 0:47:34.160
<v Speaker 1>So I started broadening my learning. I've always liked science,

0:47:34.200 --> 0:47:37.000
<v Speaker 1>but during the Microsoft days, I couldn't keep track of

0:47:37.120 --> 0:47:39.680
<v Speaker 1>the latest in math or biology because I was a

0:47:39.719 --> 0:47:44.320
<v Speaker 1>fanatic about software. And I didn't believe in vacations. And

0:47:44.360 --> 0:47:48.160
<v Speaker 1>that's why I even waited to UH start a family,

0:47:48.200 --> 0:47:52.080
<v Speaker 1>because I knew I wouldn't UH have have enough time

0:47:52.160 --> 0:47:56.680
<v Speaker 1>for it. So my forties I broadened my horizons a bit. UH.

0:47:56.719 --> 0:48:02.359
<v Speaker 1>And then UH, when I was UH forty five was

0:48:02.719 --> 0:48:05.799
<v Speaker 1>when Malinda and I UH started putting money in the

0:48:05.800 --> 0:48:10.920
<v Speaker 1>foundation and saying, Okay, that would be the next career.

0:48:11.719 --> 0:48:15.080
<v Speaker 1>And in the same way that I'd had two wonderful

0:48:15.960 --> 0:48:18.680
<v Speaker 1>partners in Microsoft, Paul Allen in the early days and

0:48:18.719 --> 0:48:22.040
<v Speaker 1>then Steve Bomber's we built it to be a large company,

0:48:22.520 --> 0:48:26.719
<v Speaker 1>Melinda would be UH an even more equal partner. And

0:48:27.200 --> 0:48:31.880
<v Speaker 1>this third UH partnership, which was making the foundation go.

0:48:32.320 --> 0:48:34.759
<v Speaker 1>And so that's been a learning journey. Every year we

0:48:34.800 --> 0:48:39.160
<v Speaker 1>get smarter about Okay, what should the foundation do bringing

0:48:39.200 --> 0:48:43.040
<v Speaker 1>in great people to help us there? Uh. But it

0:48:43.040 --> 0:48:48.400
<v Speaker 1>it was traveling to Africa. It was learning that, um,

0:48:48.440 --> 0:48:50.759
<v Speaker 1>you know, all these resources really should go back to

0:48:50.880 --> 0:48:55.960
<v Speaker 1>society in some way. Meeting Melinda, Uh, some of the

0:48:56.000 --> 0:48:59.239
<v Speaker 1>things Warren Buffett talked about, we're leaving lots of money

0:48:59.320 --> 0:49:02.600
<v Speaker 1>to your kids. It's not a good thing. Uh. I'd

0:49:02.600 --> 0:49:05.480
<v Speaker 1>particularly highlight Melinda and the time we spent in Africa

0:49:05.600 --> 0:49:08.200
<v Speaker 1>sort of opening my eyes that hey, there were things

0:49:08.239 --> 0:49:11.200
<v Speaker 1>that could have a dramatic effect. Uh if we were

0:49:11.239 --> 0:49:14.680
<v Speaker 1>smart about getting back the money the right way. Well,

0:49:14.719 --> 0:49:17.000
<v Speaker 1>Bill Gates, thank you very much for being on stuff

0:49:17.040 --> 0:49:19.600
<v Speaker 1>you should know much appreciated and honor. Thank you for

0:49:19.640 --> 0:49:21.880
<v Speaker 1>talking with us. Hey, I'm honored to be your first guest.

0:49:21.920 --> 0:49:27.399
<v Speaker 1>Thanks you. Um can we get a picture? Wow, that's

0:49:27.440 --> 0:49:30.840
<v Speaker 1>gonna be tough to time. Holy cow. Yeah what a guy. Yeah,

0:49:31.160 --> 0:49:34.200
<v Speaker 1>I was. I was nervous. Are you were fine? Do

0:49:34.239 --> 0:49:36.399
<v Speaker 1>you think you liked me? I think he loved you.

0:49:37.080 --> 0:49:38.400
<v Speaker 1>Do you think would you let you sit on his

0:49:38.480 --> 0:49:41.080
<v Speaker 1>lap and stroke your beard? That's a clear sign that

0:49:41.120 --> 0:49:42.759
<v Speaker 1>he was fond of Well. I thought he might get

0:49:42.760 --> 0:49:44.560
<v Speaker 1>mad when I told him he had spinach and his teeth,

0:49:44.560 --> 0:49:46.080
<v Speaker 1>but he seemed to take that well, he took it

0:49:46.080 --> 0:49:49.360
<v Speaker 1>in stride. That was all off, Mike. That's behind the

0:49:49.360 --> 0:49:53.160
<v Speaker 1>SCENESECT coming soon. No, that was that was amazing And

0:49:53.520 --> 0:49:56.279
<v Speaker 1>thanks to them for reaching out and yeah, big thanks, Yeah,

0:49:56.320 --> 0:50:00.000
<v Speaker 1>best of luck obviously that his efforts in the future. Yeah,

0:50:00.040 --> 0:50:03.400
<v Speaker 1>go renewable energy. Rah. If you want to get in

0:50:03.440 --> 0:50:05.160
<v Speaker 1>touch with us, we'd love to hear from you. You

0:50:05.200 --> 0:50:07.680
<v Speaker 1>can tweet to us at s y s K podcast.

0:50:08.040 --> 0:50:10.200
<v Speaker 1>You can join us on Facebook dot com, slash Stuff

0:50:10.200 --> 0:50:11.960
<v Speaker 1>you Should Know. You can send us an email to

0:50:12.040 --> 0:50:14.759
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0:50:14.800 --> 0:50:16.440
<v Speaker 1>always joined us at our home on the web, but

0:50:16.680 --> 0:50:24.239
<v Speaker 1>Stuff you Should Know dot com For more on this

0:50:24.400 --> 0:50:26.919
<v Speaker 1>and thousands of other topics. Is it how stuff Works

0:50:26.960 --> 0:50:34.440
<v Speaker 1>dot com.