Senator John Hoeven (R-N.D.), a member of the Senate Energy and Natural Resources Committee, reacts to the president's call to end fossil fuel subsidies.
Monica Trauzzi: Senator, the president spoke about a year of action agenda. What opportunities do you see within the Energy and Natural Resources Committee to move forward on that agenda?
Sen. John Hoeven: The president's going to have to engage with us. He's talking about all the progress we're making in energy, but it's not his policies that are making it happen. We're actually having to fight through his policies to develop the energy resources like we're doing. A great example is the Keystone pipeline.
Monica Trauzzi: Talk to me about climate change. He mentioned curbing carbon pollution, he's been moving forward on his Climate Action Plan. Do you anticipate that he'll continue to move aggressively on that this year?
Sen. John Hoeven: I expect he will, but again, the right way to do this is to get investment deployed in the new technologies that will not only produce more energy but also do it with better environmental stewardship. It's those new technologies that are helping with this energy renaissance and improving our environmental stewardship. And remember, as we do that, the rest of the world follows us and adopts the technology. So the key is to empower that private investment. That's what he's got to work with us to make happen.
Monica Trauzzi: In fact, that is one of the things that he spoke about, taking some fossil fuel money and moving it over to newer technologies, newer fuels. What did you think of the sound of that?
Sen. John Hoeven: The one thing he talked about where I think he might be able to get some agreement in a bipartisan way is to look at the opportunities with natural gas. So you need again the infrastructure to get it from where we're producing it in states like mine where we have to flare it off because we don't have the pipelines and the infrastructure to move it to places like the Northeast where they badly need it, particularly with this cold winter. But we can also do exciting things like develop fertilizer plants, get our railway locomotives operating on natural gas instead of diesel. Again, deploy the technology.
Monica Trauzzi: Senator, we'll end it there. Thank you so much for your time.
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