WEBVTT 1 00:00:00.300 --> 00:00:01.600 Jay, hi. Welcome. 2 00:00:02.240 --> 00:00:06.000 Can you start by telling me how the State of Washington is addressing climate 3 00:00:06.000 --> 00:00:08.560 change? What can other states learn from what you are doing? 4 00:00:08.560 --> 00:00:12.600 I would say aggressively and effectively. 5 00:00:12.600 --> 00:00:15.760 We have the most aggressive efforts, 6 00:00:15.760 --> 00:00:18.800 and I believe the most effective efforts probably in the United States. 7 00:00:20.240 --> 00:00:23.440 I'm glad to say that there's 23 other states in our US Climate Alliance, 8 00:00:23.700 --> 00:00:27.560 and I think it's fair to say Washington State's in the leadership position on 9 00:00:27.560 --> 00:00:30.920 that because of our action, not just our aspirations, 10 00:00:31.140 --> 00:00:33.920 but our actual action on this. 11 00:00:34.650 --> 00:00:39.200 We have a hundred percent clean grid bill that requires a hundred percent clean 12 00:00:39.200 --> 00:00:40.033 grid. 13 00:00:40.330 --> 00:00:45.320 We have the most effective cap and investment provision 14 00:00:45.470 --> 00:00:47.120 I think in the United States, 15 00:00:47.120 --> 00:00:50.840 in part because of our commitment to environmental justice with 40% of our 16 00:00:50.840 --> 00:00:53.680 investment going to disadvantaged communities. 17 00:00:54.090 --> 00:00:58.920 We just became the first state in the United States to require heat pumps 18 00:00:58.920 --> 00:01:01.680 in all new construction, residential and commercial, 19 00:01:01.960 --> 00:01:05.560 which effectively weans us off of fossil gas. 20 00:01:06.210 --> 00:01:10.280 We are committed to effectuating our low carbon fuel standard, 21 00:01:10.460 --> 00:01:15.280 and we just generated $6 billion for transportation from our cap and 22 00:01:15.280 --> 00:01:16.113 invest, 23 00:01:16.430 --> 00:01:20.840 a billion of which will go to low and zero carbon transportation sector 24 00:01:21.100 --> 00:01:22.000 investments. 25 00:01:22.290 --> 00:01:26.560 So I think it's fair to say that we are in the leadership position in the United 26 00:01:26.560 --> 00:01:29.600 States, and I'm glad to have another 23 states joining us. 27 00:01:29.720 --> 00:01:34.160 Maybe not quite as far along the road of progress as we are, but coming. 28 00:01:35.020 --> 00:01:37.290 So I have good news from the state of Washington. 29 00:01:37.390 --> 00:01:40.770 Why does it matter to Washington to be aggressive, 30 00:01:40.770 --> 00:01:43.170 like you are, to lead the way? 31 00:01:43.170 --> 00:01:48.130 Well, I think two things, why my state is in the leadership. One, 32 00:01:48.180 --> 00:01:51.410 we understand science. We're a very scientifically literate state. 33 00:01:52.010 --> 00:01:55.170 We're the state who built the first commercial jet airliner, 34 00:01:55.170 --> 00:01:58.250 the software that's powering the world economy right now. 35 00:01:58.580 --> 00:02:02.450 So we understand science and the science of this has been dramatically obvious 36 00:02:02.550 --> 00:02:03.850 now for a couple decades, 37 00:02:04.390 --> 00:02:08.610 and our people have responded to that by really calling for action to 38 00:02:09.090 --> 00:02:13.410 respond to this mortal threat to the planet. That's number one. Number two, 39 00:02:13.410 --> 00:02:16.170 we've recognized the economic potential of this. 40 00:02:16.580 --> 00:02:21.530 We are one of the early adopters that are growing clean energy jobs 41 00:02:21.660 --> 00:02:22.770 by the bucket full. 42 00:02:22.770 --> 00:02:27.530 I can't turn over a rock in my state without knowing an entrepreneur 43 00:02:27.530 --> 00:02:30.050 and a skilled working group, 44 00:02:30.650 --> 00:02:34.970 from the new silicon nano batteries of in Moses Lake, 45 00:02:35.300 --> 00:02:39.130 to the largest manufacturer of photovoltaic cells in Bellingham, 46 00:02:39.420 --> 00:02:43.690 to the largest manufacturer of the biggest fuel cell motor in the world, and 47 00:02:46.170 --> 00:02:48.010 to the first electric airplane, 48 00:02:48.010 --> 00:02:52.370 very first electric airplane that flew a couple months ago at Moses Lake, 49 00:02:52.690 --> 00:02:53.970 designed in Arlington, Washington. 50 00:02:54.340 --> 00:02:59.320 So we were seeing the results of job creation and wealth creation 51 00:02:59.610 --> 00:03:03.800 through clean energy. Those two things combined. Also, 52 00:03:03.800 --> 00:03:07.680 having a governor who's very committed to this helps. 53 00:03:07.680 --> 00:03:10.520 Those three things together led us to real progress. 54 00:03:10.910 --> 00:03:15.520 What about the role of the public sector in a just and 55 00:03:15.520 --> 00:03:17.480 equitable climate transition? 56 00:03:17.830 --> 00:03:20.480 I can tell you that it does matter, 57 00:03:21.060 --> 00:03:23.680 and we have embedded that in everything we have done. 58 00:03:24.490 --> 00:03:27.920 So as I indicated in our cap and invest project, 59 00:03:28.610 --> 00:03:30.560 we made sure that statutorily, 60 00:03:30.560 --> 00:03:35.440 we guaranteed that 40% of the billions of dollars that are created by this fund, 61 00:03:35.840 --> 00:03:38.960 will go to disproportionately impacted communities. 62 00:03:39.240 --> 00:03:42.040 Frequently communities of color and low income. 63 00:03:42.780 --> 00:03:47.400 The people who've been living next to the freeways and the polluting industries 64 00:03:47.400 --> 00:03:48.440 have been breathing this, 65 00:03:48.440 --> 00:03:50.720 that have really high rates of asthma in their children. 66 00:03:51.610 --> 00:03:56.160 So we made sure that a significant portion of that went to these communities. 67 00:03:56.690 --> 00:03:57.450 In addition, 68 00:03:57.450 --> 00:04:02.080 we have guaranteed 10% of those investments will go to tribal 69 00:04:02.080 --> 00:04:05.600 communities. We have very robust tribal communities in our state, 70 00:04:05.600 --> 00:04:09.800 29 bands and tribes to make sure they're part of this. 71 00:04:10.020 --> 00:04:14.760 And we have developed a really strong process of working with the tribal 72 00:04:14.760 --> 00:04:17.960 communities when we go to site these facilities, 73 00:04:18.010 --> 00:04:22.480 so that we work together to make good decisions on siting. 74 00:04:22.810 --> 00:04:24.760 We also have a thing called the HEAL act, 75 00:04:25.360 --> 00:04:30.280 which requires all of our decision making to be looked at through the lens 76 00:04:30.280 --> 00:04:34.440 of reducing economic inequality associated with 77 00:04:35.560 --> 00:04:37.640 the vestiges of our past. 78 00:04:37.780 --> 00:04:41.800 And so I'm really happy about what we're doing on this. I think it probably, 79 00:04:42.030 --> 00:04:45.080 I can say, is the best in the United States. 80 00:04:45.080 --> 00:04:48.880 California's done some good work on this as well and we've learned from their 81 00:04:48.880 --> 00:04:51.480 experience, so I'm really happy about our commitment. 82 00:04:51.570 --> 00:04:53.880 Finally, how are you partnering with the private sector? 83 00:04:54.920 --> 00:04:57.890 Very, very well because the private sector now is getting it. 84 00:04:57.890 --> 00:04:59.930 We were just talking about it. 85 00:05:00.130 --> 00:05:03.770 I did a clean energy tour of Finland, Norway, of Sweden. 86 00:05:04.260 --> 00:05:07.890 We were looking at investments, opportunities for some of their businesses. 87 00:05:07.980 --> 00:05:11.530 They're wildly ambitious to come to our state and America, 88 00:05:11.620 --> 00:05:14.410 in part because of the Inflation Reduction Act. 89 00:05:15.250 --> 00:05:18.090 I met a fellow who's building green steel in Sweden. 90 00:05:18.540 --> 00:05:21.810 He will be looking for his second opportunity. 91 00:05:21.820 --> 00:05:26.570 My state might be perfect for him because of our access to reasonably 92 00:05:26.570 --> 00:05:29.450 priced electricity and our ambition level. 93 00:05:30.160 --> 00:05:34.010 I talked to an electric airplane manufacturer 94 00:05:35.050 --> 00:05:38.290 in Sweden as well. So we're looking for these opportunities. 95 00:05:38.290 --> 00:05:42.130 The ship building industry is very interested in our hydrogen ambitions, 96 00:05:42.740 --> 00:05:47.050 because we have great opportunities to do green hydrogen in our state. 97 00:05:47.500 --> 00:05:52.450 We hope to be one of the first hubs for green hydrogen in our 98 00:05:52.450 --> 00:05:56.730 state. We're a perfect state for it because of our access to 99 00:05:57.400 --> 00:06:01.720 electricity, our access to maritime, to have an off-taker for green hydrogen. 100 00:06:02.490 --> 00:06:06.120 So we're seeing these economic opportunities. It's really interesting. 101 00:06:06.120 --> 00:06:10.760 I think one of the seismic shifts that I've seen from the last COP 102 00:06:11.080 --> 00:06:12.840 to this, and I've been to five COPs, 103 00:06:13.370 --> 00:06:18.160 is how much the business community understands these 104 00:06:18.160 --> 00:06:21.280 opportunities and are thirsting to really start building. 105 00:06:21.980 --> 00:06:23.040 Jay, thank you so much. 106 00:06:23.040 --> 00:06:27.440 Thank you. Be well. See you at the next top. We'll have more progress report.