{"version":"1.0.0","segments":[{"speaker":"Sebastian Heitmann","startTime":50.78,"endTime":53.09,"body":"those two"},{"speaker":"Sebastian Heitmann","startTime":50.78,"endTime":53.09,"body":"goals together, you end up"},{"speaker":"Sebastian Heitmann","startTime":53.09,"endTime":56.510000000000005,"body":"understanding that you build"},{"speaker":"Sebastian Heitmann","startTime":53.09,"endTime":56.510000000000005,"body":"infrastructure is actually going"},{"speaker":"Sebastian Heitmann","startTime":56.510000000000005,"endTime":59.3,"body":"to be very complicated, because"},{"speaker":"Sebastian Heitmann","startTime":56.510000000000005,"endTime":59.3,"body":"it takes a long time consumes a"},{"speaker":"Sebastian Heitmann","startTime":59.3,"endTime":63.68,"body":"lot of carbon that today, you"},{"speaker":"Sebastian Heitmann","startTime":59.3,"endTime":63.68,"body":"want to be ideally as close as"},{"speaker":"Sebastian Heitmann","startTime":63.68,"endTime":66.5,"body":"possible to retrofitting to"},{"speaker":"Sebastian Heitmann","startTime":63.68,"endTime":66.5,"body":"existing infrastructure"},{"speaker":"Sebastian Heitmann","startTime":66.5,"endTime":69.71000000000001,"body":"reutilizing or leveraging"},{"speaker":"Sebastian Heitmann","startTime":66.5,"endTime":69.71000000000001,"body":"existing infrastructure. So"},{"speaker":"Sebastian Heitmann","startTime":69.71000000000001,"endTime":73.01,"body":"that's how we how we look at it"},{"speaker":"Sebastian Heitmann","startTime":69.71000000000001,"endTime":73.01,"body":"as well. What technology can we"},{"speaker":"Sebastian Heitmann","startTime":73.01,"endTime":75.47,"body":"bolt on onto today's"},{"speaker":"Sebastian Heitmann","startTime":73.01,"endTime":75.47,"body":"infrastructure?"},{"speaker":"intro","startTime":76.37,"endTime":79.25,"body":"Are you speeding the"},{"speaker":"intro","startTime":76.37,"endTime":79.25,"body":"energy transition? Here at the"},{"speaker":"intro","startTime":79.25,"endTime":82.94,"body":"Clean Power Hour, our hosts, Tim"},{"speaker":"intro","startTime":79.25,"endTime":82.94,"body":"Montague and John Weaver bring"},{"speaker":"intro","startTime":82.94,"endTime":86.6,"body":"you the best in solar batteries"},{"speaker":"intro","startTime":82.94,"endTime":86.6,"body":"and clean technologies every"},{"speaker":"intro","startTime":86.6,"endTime":90.62,"body":"week? I want to go deeper into"},{"speaker":"intro","startTime":86.6,"endTime":90.62,"body":"decarbonisation. We do two,"},{"speaker":"intro","startTime":90.83,"endTime":93.23,"body":"we're here to help you"},{"speaker":"intro","startTime":90.83,"endTime":93.23,"body":"understand and command the"},{"speaker":"intro","startTime":93.23,"endTime":96.98,"body":"commercial, residential and"},{"speaker":"intro","startTime":93.23,"endTime":96.98,"body":"utility, solar, wind and storage"},{"speaker":"intro","startTime":96.98,"endTime":101.12,"body":"industries. So let's get to it."},{"speaker":"intro","startTime":96.98,"endTime":101.12,"body":"Together we can speed the energy"},{"speaker":"intro","startTime":101.12,"endTime":101.84,"body":"transition."},{"speaker":"Tim Montague","startTime":104.69,"endTime":107.69,"body":"Today on the Clean"},{"speaker":"Tim Montague","startTime":104.69,"endTime":107.69,"body":"Power Hour, can technology save"},{"speaker":"Tim Montague","startTime":107.69,"endTime":110.81,"body":"humanity from climate change?"},{"speaker":"Tim Montague","startTime":107.69,"endTime":110.81,"body":"I'm Tim Montague, your host"},{"speaker":"Tim Montague","startTime":111.11,"endTime":114.14,"body":"Welcome to the Clean Power Hour"},{"speaker":"Tim Montague","startTime":111.11,"endTime":114.14,"body":"check out all of our content at"},{"speaker":"Tim Montague","startTime":114.14,"endTime":117.83,"body":"cleanpowerhour.com. Please give"},{"speaker":"Tim Montague","startTime":114.14,"endTime":117.83,"body":"us a rating and a review on"},{"speaker":"Tim Montague","startTime":117.83,"endTime":121.85,"body":"Apple and Spotify. Check out our"},{"speaker":"Tim Montague","startTime":117.83,"endTime":121.85,"body":"YouTube channel and reach out to"},{"speaker":"Tim Montague","startTime":121.85,"endTime":124.46000000000001,"body":"me on LinkedIn. I love"},{"speaker":"Tim Montague","startTime":121.85,"endTime":124.46000000000001,"body":"connecting with my listeners."},{"speaker":"Tim Montague","startTime":124.94,"endTime":128.32999999999998,"body":"Today on the Clean Power Hour."},{"speaker":"Tim Montague","startTime":124.94,"endTime":128.32999999999998,"body":"My guest is Sebastian Heitmann."},{"speaker":"Tim Montague","startTime":128.51,"endTime":132.53,"body":"He is the co founder of a"},{"speaker":"Tim Montague","startTime":128.51,"endTime":132.53,"body":"venture capitalist firm called a"},{"speaker":"Tim Montague","startTime":132.53,"endTime":136.07,"body":"venture capital firm called"},{"speaker":"Tim Montague","startTime":132.53,"endTime":136.07,"body":"Extantia. Welcome to the show,"},{"speaker":"Tim Montague","startTime":136.07,"endTime":136.76,"body":"Sebastian."},{"speaker":"Sebastian Heitmann","startTime":137.55,"endTime":139.8,"body":"Hi, Tim."},{"speaker":"Sebastian Heitmann","startTime":137.55,"endTime":139.8,"body":"Great to see you. Great. Thanks"},{"speaker":"Sebastian Heitmann","startTime":139.8,"endTime":140.57999999999998,"body":"for having me. On the show."},{"speaker":"Tim Montague","startTime":140.57999999999998,"endTime":143.57999999999998,"body":"Today I learned"},{"speaker":"Tim Montague","startTime":140.57999999999998,"endTime":143.57999999999998,"body":"about your work from Nate Haagen"},{"speaker":"Tim Montague","startTime":143.57999999999998,"endTime":146.91,"body":"show if you're listening to this"},{"speaker":"Tim Montague","startTime":143.57999999999998,"endTime":146.91,"body":"and you don't know about Nate"},{"speaker":"Tim Montague","startTime":146.91,"endTime":151.56,"body":"Huggins, please check out Nate"},{"speaker":"Tim Montague","startTime":146.91,"endTime":151.56,"body":"Hoggins ha je e n s. He's a"},{"speaker":"Tim Montague","startTime":151.56,"endTime":154.32,"body":"professor at the University of"},{"speaker":"Tim Montague","startTime":151.56,"endTime":154.32,"body":"Minnesota. And he's a great show"},{"speaker":"Tim Montague","startTime":154.76999999999998,"endTime":159.66,"body":"called the great simplification."},{"speaker":"Tim Montague","startTime":154.76999999999998,"endTime":159.66,"body":"That is how Nate couches, what"},{"speaker":"Tim Montague","startTime":160.35,"endTime":164.79000000000002,"body":"the transition that humanity is"},{"speaker":"Tim Montague","startTime":160.35,"endTime":164.79000000000002,"body":"going through in the next 100 or"},{"speaker":"Tim Montague","startTime":164.82,"endTime":168.66,"body":"500 years. We don't know how"},{"speaker":"Tim Montague","startTime":164.82,"endTime":168.66,"body":"quickly the transition is going"},{"speaker":"Tim Montague","startTime":168.66,"endTime":172.8,"body":"to happen. But right now,"},{"speaker":"Tim Montague","startTime":168.66,"endTime":172.8,"body":"humanity is riding this rocket"},{"speaker":"Tim Montague","startTime":172.8,"endTime":177.42000000000002,"body":"ship of fossil fuels, which are"},{"speaker":"Tim Montague","startTime":172.8,"endTime":177.42000000000002,"body":"incredibly energy dense. But"},{"speaker":"Tim Montague","startTime":177.42000000000002,"endTime":180.42,"body":"they also have a side effect,"},{"speaker":"Tim Montague","startTime":177.42000000000002,"endTime":180.42,"body":"which is that they're polluting"},{"speaker":"Tim Montague","startTime":180.42,"endTime":183.72,"body":"the atmosphere, which is warming"},{"speaker":"Tim Montague","startTime":180.42,"endTime":183.72,"body":"the Earth, which is causing"},{"speaker":"Tim Montague","startTime":183.72,"endTime":188.07,"body":"runaway climate change. And"},{"speaker":"Tim Montague","startTime":183.72,"endTime":188.07,"body":"that's just one of the side"},{"speaker":"Tim Montague","startTime":188.07,"endTime":191.52,"body":"effects so to speak of modern"},{"speaker":"Tim Montague","startTime":188.07,"endTime":191.52,"body":"society, there are others, you"},{"speaker":"Tim Montague","startTime":191.52,"endTime":195.87,"body":"know, artificial biology, AGI"},{"speaker":"Tim Montague","startTime":191.52,"endTime":195.87,"body":"there are many things many"},{"speaker":"Tim Montague","startTime":195.87,"endTime":198.87,"body":"potential hazards and pitfalls"},{"speaker":"Tim Montague","startTime":195.87,"endTime":198.87,"body":"that humanity is creating for"},{"speaker":"Tim Montague","startTime":198.87,"endTime":202.92,"body":"itself, which is most likely the"},{"speaker":"Tim Montague","startTime":198.87,"endTime":202.92,"body":"reason we don't see advanced"},{"speaker":"Tim Montague","startTime":202.92,"endTime":206.7,"body":"civilizations knocking on our"},{"speaker":"Tim Montague","startTime":202.92,"endTime":206.7,"body":"door is really the assessment of"},{"speaker":"Tim Montague","startTime":206.7,"endTime":211.53,"body":"many astronomers and"},{"speaker":"Tim Montague","startTime":206.7,"endTime":211.53,"body":"astrophysicists. But anyway,"},{"speaker":"Tim Montague","startTime":211.53,"endTime":214.8,"body":"Sebastian, you're a"},{"speaker":"Tim Montague","startTime":211.53,"endTime":214.8,"body":"technologist, you're an"},{"speaker":"Tim Montague","startTime":214.8,"endTime":219.33,"body":"investor, tell us a little bit"},{"speaker":"Tim Montague","startTime":214.8,"endTime":219.33,"body":"about yourself and how you came"},{"speaker":"Tim Montague","startTime":219.33,"endTime":222.72,"body":"to found extension. And what is"},{"speaker":"Tim Montague","startTime":219.33,"endTime":222.72,"body":"your mission in this life?"},{"speaker":"Sebastian Heitmann","startTime":223.13,"endTime":225.02,"body":"A lot of"},{"speaker":"Sebastian Heitmann","startTime":223.13,"endTime":225.02,"body":"questions. Yeah, what's the"},{"speaker":"Sebastian Heitmann","startTime":225.02,"endTime":228.89000000000001,"body":"goal? Yeah, it was native, some"},{"speaker":"Sebastian Heitmann","startTime":225.02,"endTime":228.89000000000001,"body":"person who actually I was"},{"speaker":"Sebastian Heitmann","startTime":228.89000000000001,"endTime":232.52,"body":"thinking really resonates with"},{"speaker":"Sebastian Heitmann","startTime":228.89000000000001,"endTime":232.52,"body":"me as well. And it is important"},{"speaker":"Sebastian Heitmann","startTime":232.52,"endTime":237.86,"body":"that we have these forward"},{"speaker":"Sebastian Heitmann","startTime":232.52,"endTime":237.86,"body":"thinkers like him, who remind us"},{"speaker":"Sebastian Heitmann","startTime":237.86,"endTime":242.39000000000001,"body":"from time to time that we might"},{"speaker":"Sebastian Heitmann","startTime":237.86,"endTime":242.39000000000001,"body":"need to alter our path. So we"},{"speaker":"Sebastian Heitmann","startTime":242.39000000000001,"endTime":245.66,"body":"might disagree on the answers,"},{"speaker":"Sebastian Heitmann","startTime":242.39000000000001,"endTime":245.66,"body":"how that alternate approach"},{"speaker":"Sebastian Heitmann","startTime":245.66,"endTime":249.05,"body":"should look like. But I think as"},{"speaker":"Sebastian Heitmann","startTime":245.66,"endTime":249.05,"body":"soon as human beings understand"},{"speaker":"Sebastian Heitmann","startTime":249.05,"endTime":252.59,"body":"that we should embrace all of"},{"speaker":"Sebastian Heitmann","startTime":249.05,"endTime":252.59,"body":"the ideas and and listen to all"},{"speaker":"Sebastian Heitmann","startTime":252.59,"endTime":255.74,"body":"sides of the story and then see"},{"speaker":"Sebastian Heitmann","startTime":252.59,"endTime":255.74,"body":"what kind of answers we come up"},{"speaker":"Sebastian Heitmann","startTime":255.74,"endTime":258.86,"body":"to up with. So I think that's"},{"speaker":"Sebastian Heitmann","startTime":255.74,"endTime":258.86,"body":"actually what makes us most"},{"speaker":"Sebastian Heitmann","startTime":260.0,"endTime":263.06,"body":"unique as a species as well,"},{"speaker":"Sebastian Heitmann","startTime":260.0,"endTime":263.06,"body":"that we're able to this"},{"speaker":"Sebastian Heitmann","startTime":263.06,"endTime":267.11,"body":"ingenuity is actually limitless,"},{"speaker":"Sebastian Heitmann","startTime":263.06,"endTime":267.11,"body":"we always come up with new"},{"speaker":"Sebastian Heitmann","startTime":267.11,"endTime":274.85,"body":"ideas. But maybe to my own"},{"speaker":"Sebastian Heitmann","startTime":267.11,"endTime":274.85,"body":"story, I never wanted to start a"},{"speaker":"Sebastian Heitmann","startTime":274.85,"endTime":278.06,"body":"financial product in my life."},{"speaker":"Sebastian Heitmann","startTime":274.85,"endTime":278.06,"body":"Maybe it's a good starting point"},{"speaker":"Sebastian Heitmann","startTime":279.56,"endTime":285.35,"body":"at a body economist background,"},{"speaker":"Sebastian Heitmann","startTime":279.56,"endTime":285.35,"body":"and worked in different fields,"},{"speaker":"Sebastian Heitmann","startTime":286.31,"endTime":290.9,"body":"but happened sort of a clean"},{"speaker":"Sebastian Heitmann","startTime":286.31,"endTime":290.9,"body":"tech enthusiast I would say from"},{"speaker":"Sebastian Heitmann","startTime":290.9,"endTime":299.3,"body":"the early days on also invest in"},{"speaker":"Sebastian Heitmann","startTime":290.9,"endTime":299.3,"body":"clean tech 1.0 era paid my"},{"speaker":"Sebastian Heitmann","startTime":299.3,"endTime":300.35,"body":"tuition fee there too."},{"speaker":"Tim Montague","startTime":301.76,"endTime":304.03999999999996,"body":"What would you"},{"speaker":"Tim Montague","startTime":301.76,"endTime":304.03999999999996,"body":"call clean tech? One point what"},{"speaker":"Tim Montague","startTime":304.03999999999996,"endTime":306.28999999999996,"body":"give us some examples of clean"},{"speaker":"Tim Montague","startTime":304.03999999999996,"endTime":306.28999999999996,"body":"tech 1.0"},{"speaker":"Sebastian Heitmann","startTime":306.83000000000004,"endTime":309.38,"body":"The rise of"},{"speaker":"Sebastian Heitmann","startTime":306.83000000000004,"endTime":309.38,"body":"solar mostly to be honest, yeah,"},{"speaker":"Sebastian Heitmann","startTime":309.38,"endTime":313.52,"body":"the PV when we started to see"},{"speaker":"Sebastian Heitmann","startTime":309.38,"endTime":313.52,"body":"Industrial Organizational PV"},{"speaker":"Sebastian Heitmann","startTime":313.52,"endTime":317.6,"body":"some wind to but it was majority"},{"speaker":"Sebastian Heitmann","startTime":313.52,"endTime":317.6,"body":"PV back then, when PV in the"},{"speaker":"Sebastian Heitmann","startTime":317.80999999999995,"endTime":323.78,"body":"2000 567 became became an"},{"speaker":"Sebastian Heitmann","startTime":317.80999999999995,"endTime":323.78,"body":"industry which initially thought"},{"speaker":"Sebastian Heitmann","startTime":323.78,"endTime":329.12,"body":"we have to produce in high wage"},{"speaker":"Sebastian Heitmann","startTime":323.78,"endTime":329.12,"body":"countries like Europe or the US"},{"speaker":"Sebastian Heitmann","startTime":329.12,"endTime":333.79999999999995,"body":"and eventually China took all"},{"speaker":"Sebastian Heitmann","startTime":329.12,"endTime":333.79999999999995,"body":"the market or most of it simply"},{"speaker":"Sebastian Heitmann","startTime":333.79999999999995,"endTime":337.64,"body":"because people were not willing"},{"speaker":"Sebastian Heitmann","startTime":333.79999999999995,"endTime":337.64,"body":"to pay for better PV cells"},{"speaker":"Sebastian Heitmann","startTime":337.64,"endTime":342.16999999999996,"body":"double the price, so they just"},{"speaker":"Sebastian Heitmann","startTime":337.64,"endTime":342.16999999999996,"body":"bought to China. So which is"},{"speaker":"Sebastian Heitmann","startTime":342.16999999999996,"endTime":344.24,"body":"which I'm not against it. By the"},{"speaker":"Sebastian Heitmann","startTime":342.16999999999996,"endTime":344.24,"body":"way. I think it's totally the"},{"speaker":"Sebastian Heitmann","startTime":344.24,"endTime":347.57000000000005,"body":"right way should be going. And"},{"speaker":"Sebastian Heitmann","startTime":344.24,"endTime":347.57000000000005,"body":"China has very good at"},{"speaker":"Sebastian Heitmann","startTime":349.15999999999997,"endTime":352.76,"body":"engineering to cost India roll"},{"speaker":"Sebastian Heitmann","startTime":349.15999999999997,"endTime":352.76,"body":"out. And we've just recognized"},{"speaker":"Sebastian Heitmann","startTime":352.88,"endTime":356.9,"body":"that better than us doing this."},{"speaker":"Sebastian Heitmann","startTime":352.88,"endTime":356.9,"body":"So I'm not against it at all."},{"speaker":"Sebastian Heitmann","startTime":356.92999999999995,"endTime":359.36,"body":"I'm not a protectionist to say"},{"speaker":"Sebastian Heitmann","startTime":356.92999999999995,"endTime":359.36,"body":"we should be on shoring this"},{"speaker":"Sebastian Heitmann","startTime":359.36,"endTime":365.96000000000004,"body":"back to our industries here, I"},{"speaker":"Sebastian Heitmann","startTime":359.36,"endTime":365.96000000000004,"body":"think it's nonsense. I think"},{"speaker":"Sebastian Heitmann","startTime":365.96000000000004,"endTime":371.27,"body":"this is the way it goes, it's"},{"speaker":"Sebastian Heitmann","startTime":365.96000000000004,"endTime":371.27,"body":"good. But anyway, the companies"},{"speaker":"Sebastian Heitmann","startTime":371.27,"endTime":373.58000000000004,"body":"back then really didn't have"},{"speaker":"Sebastian Heitmann","startTime":371.27,"endTime":373.58000000000004,"body":"much of a great business model."},{"speaker":"Sebastian Heitmann","startTime":373.97,"endTime":378.16999999999996,"body":"Other than duplicating, there"},{"speaker":"Sebastian Heitmann","startTime":373.97,"endTime":378.16999999999996,"body":"was the innovation just sort of"},{"speaker":"Sebastian Heitmann","startTime":378.32000000000005,"endTime":384.26,"body":"some point just wasn't so"},{"speaker":"Sebastian Heitmann","startTime":378.32000000000005,"endTime":384.26,"body":"breakthrough anymore. So it just"},{"speaker":"Sebastian Heitmann","startTime":384.26,"endTime":388.03999999999996,"body":"came down to engineering to cost"},{"speaker":"Sebastian Heitmann","startTime":384.26,"endTime":388.03999999999996,"body":"and then a lot of them ended up"},{"speaker":"Sebastian Heitmann","startTime":388.03999999999996,"endTime":389.15,"body":"not making it now."},{"speaker":"Tim Montague","startTime":389.69000000000005,"endTime":392.29999999999995,"body":"So you're"},{"speaker":"Tim Montague","startTime":389.69000000000005,"endTime":392.29999999999995,"body":"referring to this cost adoption"},{"speaker":"Tim Montague","startTime":392.29999999999995,"endTime":396.59000000000003,"body":"curve, right? That is technology"},{"speaker":"Tim Montague","startTime":392.29999999999995,"endTime":396.59000000000003,"body":"like photovoltaics. I mean, it"},{"speaker":"Tim Montague","startTime":396.59000000000003,"endTime":400.70000000000005,"body":"took it took 50 plus years for"},{"speaker":"Tim Montague","startTime":396.59000000000003,"endTime":400.70000000000005,"body":"PV to go mainstream. It was"},{"speaker":"Tim Montague","startTime":400.70000000000005,"endTime":404.63,"body":"invented in the 50s, the modern"},{"speaker":"Tim Montague","startTime":400.70000000000005,"endTime":404.63,"body":"pv cell was invented in the 50s."},{"speaker":"Tim Montague","startTime":405.16999999999996,"endTime":409.07000000000005,"body":"And then in the early 2000s, is"},{"speaker":"Tim Montague","startTime":405.16999999999996,"endTime":409.07000000000005,"body":"when it kind of started to go"},{"speaker":"Tim Montague","startTime":409.07000000000005,"endTime":413.15,"body":"mainstream. It wasn't until"},{"speaker":"Tim Montague","startTime":409.07000000000005,"endTime":413.15,"body":"2010. really honestly, in the US"},{"speaker":"Tim Montague","startTime":413.48,"endTime":417.53,"body":"that it went mainstream. We were"},{"speaker":"Tim Montague","startTime":413.48,"endTime":417.53,"body":"10 years behind Europe and China"},{"speaker":"Tim Montague","startTime":417.98,"endTime":420.83000000000004,"body":"for a variety of reasons, which"},{"speaker":"Tim Montague","startTime":417.98,"endTime":420.83000000000004,"body":"is very ironic, because we"},{"speaker":"Tim Montague","startTime":420.83000000000004,"endTime":424.28,"body":"invented the technology at Bell"},{"speaker":"Tim Montague","startTime":420.83000000000004,"endTime":424.28,"body":"Labs in New Jersey. But we"},{"speaker":"Tim Montague","startTime":424.28,"endTime":427.52,"body":"weren't the first to grab onto"},{"speaker":"Tim Montague","startTime":424.28,"endTime":427.52,"body":"it. We have huge native fossil"},{"speaker":"Tim Montague","startTime":427.52,"endTime":431.78,"body":"resources and cheap energy as a"},{"speaker":"Tim Montague","startTime":427.52,"endTime":431.78,"body":"result. And so we're not, we're"},{"speaker":"Tim Montague","startTime":431.78,"endTime":437.03,"body":"not as inspired to grab on to"},{"speaker":"Tim Montague","startTime":431.78,"endTime":437.03,"body":"wind and solar, and batteries."},{"speaker":"Tim Montague","startTime":437.05999999999995,"endTime":439.61,"body":"And now geothermal, which we're"},{"speaker":"Tim Montague","startTime":437.05999999999995,"endTime":439.61,"body":"going to talk about, we're going"},{"speaker":"Tim Montague","startTime":439.61,"endTime":442.66999999999996,"body":"to talk about something called"},{"speaker":"Tim Montague","startTime":439.61,"endTime":442.66999999999996,"body":"deep geothermal in this"},{"speaker":"Tim Montague","startTime":442.66999999999996,"endTime":446.48,"body":"conversation, which is an"},{"speaker":"Tim Montague","startTime":442.66999999999996,"endTime":446.48,"body":"amazing opportunity, right?"},{"speaker":"Tim Montague","startTime":446.48,"endTime":450.04999999999995,"body":"Because it is an infinite,"},{"speaker":"Tim Montague","startTime":446.48,"endTime":450.04999999999995,"body":"basically an infinite source,"},{"speaker":"Tim Montague","startTime":450.38,"endTime":453.35,"body":"kind of like we see the sun,"},{"speaker":"Tim Montague","startTime":450.38,"endTime":453.35,"body":"it's the inverse of the sun, but"},{"speaker":"Tim Montague","startTime":453.35,"endTime":455.9,"body":"it's beneath our feet, and it's"},{"speaker":"Tim Montague","startTime":453.35,"endTime":455.9,"body":"beneath everybody's feet"},{"speaker":"Tim Montague","startTime":455.9,"endTime":460.42999999999995,"body":"everywhere on Earth, if you can"},{"speaker":"Tim Montague","startTime":455.9,"endTime":460.42999999999995,"body":"get there. But Sebastian, what"},{"speaker":"Tim Montague","startTime":460.42999999999995,"endTime":465.67999999999995,"body":"is it that that forced you into"},{"speaker":"Tim Montague","startTime":460.42999999999995,"endTime":465.67999999999995,"body":"clean tech 2.0, so to speak, you"},{"speaker":"Tim Montague","startTime":465.67999999999995,"endTime":469.37,"body":"could have just, you could have"},{"speaker":"Tim Montague","startTime":465.67999999999995,"endTime":469.37,"body":"just stayed in clean tech 1.0"},{"speaker":"Tim Montague","startTime":469.4,"endTime":473.24,"body":"And, and gotten wealthy or"},{"speaker":"Tim Montague","startTime":469.4,"endTime":473.24,"body":"continued to get wealthy,"},{"speaker":"Tim Montague","startTime":473.48,"endTime":475.73,"body":"because there's still an"},{"speaker":"Tim Montague","startTime":473.48,"endTime":475.73,"body":"opportunity that I mean, we have"},{"speaker":"Tim Montague","startTime":475.73,"endTime":481.78999999999996,"body":"30 years of runway of"},{"speaker":"Tim Montague","startTime":475.73,"endTime":481.78999999999996,"body":"solarizing. And, you know,"},{"speaker":"Tim Montague","startTime":481.82000000000005,"endTime":485.27,"body":"installing wind and solar on the"},{"speaker":"Tim Montague","startTime":481.82000000000005,"endTime":485.27,"body":"grid, right? The grid is today,"},{"speaker":"Tim Montague","startTime":485.39,"endTime":490.1,"body":"let's just say 10%, wind and"},{"speaker":"Tim Montague","startTime":485.39,"endTime":490.1,"body":"solar. And tomorrow, it's 80 or"},{"speaker":"Tim Montague","startTime":490.1,"endTime":493.64,"body":"90%. You know, in 30 years,"},{"speaker":"Tim Montague","startTime":490.1,"endTime":493.64,"body":"it'll be 80 or 90%, wind and"},{"speaker":"Tim Montague","startTime":493.64,"endTime":497.72,"body":"solar. But there's other stuff"},{"speaker":"Tim Montague","startTime":493.64,"endTime":497.72,"body":"coming. Why did you go into 2.0?"},{"speaker":"Sebastian Heitmann","startTime":498.89,"endTime":501.02,"body":"I mean, I"},{"speaker":"Sebastian Heitmann","startTime":498.89,"endTime":501.02,"body":"think just the evolution to be"},{"speaker":"Sebastian Heitmann","startTime":501.02,"endTime":503.96000000000004,"body":"honest, and I think 1.0 didn't"},{"speaker":"Sebastian Heitmann","startTime":501.02,"endTime":503.96000000000004,"body":"go so well for most investors."},{"speaker":"Sebastian Heitmann","startTime":503.96000000000004,"endTime":509.03,"body":"So I think there was a time"},{"speaker":"Sebastian Heitmann","startTime":503.96000000000004,"endTime":509.03,"body":"around 2012 1314, roughly when"},{"speaker":"Sebastian Heitmann","startTime":509.03,"endTime":514.28,"body":"we all kind of woke up a little"},{"speaker":"Sebastian Heitmann","startTime":509.03,"endTime":514.28,"body":"hangover from from the Fiesta."},{"speaker":"Sebastian Heitmann","startTime":515.03,"endTime":519.29,"body":"And so these business models are"},{"speaker":"Sebastian Heitmann","startTime":515.03,"endTime":519.29,"body":"not as good as we hoped they"},{"speaker":"Sebastian Heitmann","startTime":519.29,"endTime":525.95,"body":"would be. Also quite a few us."},{"speaker":"Sebastian Heitmann","startTime":519.29,"endTime":525.95,"body":"Investors drank the Kool Aid and"},{"speaker":"Sebastian Heitmann","startTime":526.01,"endTime":529.1,"body":"weren't too happy with it. But"},{"speaker":"Sebastian Heitmann","startTime":526.01,"endTime":529.1,"body":"so there was there was actually"},{"speaker":"Sebastian Heitmann","startTime":529.1,"endTime":532.43,"body":"a paper from MIT back then it"},{"speaker":"Sebastian Heitmann","startTime":529.1,"endTime":532.43,"body":"was called White clean tech 1.0"},{"speaker":"Sebastian Heitmann","startTime":532.43,"endTime":535.64,"body":"failed. Most of us read that"},{"speaker":"Sebastian Heitmann","startTime":532.43,"endTime":535.64,"body":"back then, when we saw a couple"},{"speaker":"Sebastian Heitmann","startTime":535.64,"endTime":538.4,"body":"things coming together, there"},{"speaker":"Sebastian Heitmann","startTime":535.64,"endTime":538.4,"body":"was a, there was a parody of the"},{"speaker":"Sebastian Heitmann","startTime":538.4,"endTime":543.05,"body":"Paris agreement with the big"},{"speaker":"Sebastian Heitmann","startTime":538.4,"endTime":543.05,"body":"inflection point where we for"},{"speaker":"Sebastian Heitmann","startTime":543.05,"endTime":546.83,"body":"the first time agreed to the"},{"speaker":"Sebastian Heitmann","startTime":543.05,"endTime":546.83,"body":"world that decarbonisation is a"},{"speaker":"Sebastian Heitmann","startTime":546.83,"endTime":549.02,"body":"priority and that carbon needs"},{"speaker":"Sebastian Heitmann","startTime":546.83,"endTime":549.02,"body":"to have a price in order for"},{"speaker":"Sebastian Heitmann","startTime":549.02,"endTime":552.23,"body":"that to happen. The Paris"},{"speaker":"Sebastian Heitmann","startTime":549.02,"endTime":552.23,"body":"Agreement and the world"},{"speaker":"Sebastian Heitmann","startTime":552.23,"endTime":555.47,"body":"committing to a back then I"},{"speaker":"Sebastian Heitmann","startTime":552.23,"endTime":555.47,"body":"think 1.5 degrees, but for two"},{"speaker":"Sebastian Heitmann","startTime":555.47,"endTime":560.21,"body":"degrees, gold, later adjusted."},{"speaker":"Sebastian Heitmann","startTime":555.47,"endTime":560.21,"body":"But there was some common"},{"speaker":"Sebastian Heitmann","startTime":560.51,"endTime":562.55,"body":"commonality amongst the world"},{"speaker":"Sebastian Heitmann","startTime":560.51,"endTime":562.55,"body":"that this is now something we"},{"speaker":"Sebastian Heitmann","startTime":562.55,"endTime":565.43,"body":"need to tackle. Other things"},{"speaker":"Sebastian Heitmann","startTime":562.55,"endTime":565.43,"body":"came along as well, the US"},{"speaker":"Sebastian Heitmann","startTime":565.43,"endTime":569.3299999999999,"body":"started working on a taxonomy"},{"speaker":"Sebastian Heitmann","startTime":565.43,"endTime":569.3299999999999,"body":"for like, more broader ESG"},{"speaker":"Sebastian Heitmann","startTime":569.3299999999999,"endTime":573.41,"body":"criteria, but it was also in"},{"speaker":"Sebastian Heitmann","startTime":569.3299999999999,"endTime":573.41,"body":"complex climate. So though, that"},{"speaker":"Sebastian Heitmann","startTime":573.4399999999999,"endTime":578.6899999999999,"body":"a few factors came together, we"},{"speaker":"Sebastian Heitmann","startTime":573.4399999999999,"endTime":578.6899999999999,"body":"saw what Breakthrough Energy"},{"speaker":"Sebastian Heitmann","startTime":578.6899999999999,"endTime":581.39,"body":"did, they were formed around"},{"speaker":"Sebastian Heitmann","startTime":578.6899999999999,"endTime":581.39,"body":"that time, initially as the"},{"speaker":"Sebastian Heitmann","startTime":581.39,"endTime":583.9399999999999,"body":"coalition and then later on the"},{"speaker":"Sebastian Heitmann","startTime":581.39,"endTime":583.9399999999999,"body":"Breakthrough Energy Ventures has"},{"speaker":"Sebastian Heitmann","startTime":583.9399999999999,"endTime":587.0899999999999,"body":"been out today. So we saw a"},{"speaker":"Sebastian Heitmann","startTime":583.9399999999999,"endTime":587.0899999999999,"body":"couple initiatives, what we"},{"speaker":"Sebastian Heitmann","startTime":587.0899999999999,"endTime":590.15,"body":"thought was missing back then,"},{"speaker":"Sebastian Heitmann","startTime":587.0899999999999,"endTime":590.15,"body":"and really missing because we're"},{"speaker":"Sebastian Heitmann","startTime":590.15,"endTime":592.3399999999999,"body":"also angel investors and some"},{"speaker":"Sebastian Heitmann","startTime":590.15,"endTime":592.3399999999999,"body":"company that was access to"},{"speaker":"Sebastian Heitmann","startTime":592.3399999999999,"endTime":594.62,"body":"capital for founders in this"},{"speaker":"Sebastian Heitmann","startTime":592.3399999999999,"endTime":594.62,"body":"space, it's been quite"},{"speaker":"Sebastian Heitmann","startTime":594.62,"endTime":598.52,"body":"difficult. There was no specific"},{"speaker":"Sebastian Heitmann","startTime":594.62,"endTime":598.52,"body":"knowledge out there about how to"},{"speaker":"Sebastian Heitmann","startTime":598.52,"endTime":602.39,"body":"invest in this type of asset"},{"speaker":"Sebastian Heitmann","startTime":598.52,"endTime":602.39,"body":"class. And also, the larger"},{"speaker":"Sebastian Heitmann","startTime":602.39,"endTime":606.9499999999999,"body":"institutional investors would"},{"speaker":"Sebastian Heitmann","startTime":602.39,"endTime":606.9499999999999,"body":"actually not touch it. Not much,"},{"speaker":"Sebastian Heitmann","startTime":606.9499999999999,"endTime":611.99,"body":"at least now. So like"},{"speaker":"Sebastian Heitmann","startTime":606.9499999999999,"endTime":611.99,"body":"breakthrough was initially very"},{"speaker":"Sebastian Heitmann","startTime":611.99,"endTime":614.9,"body":"much dominated by high net worth"},{"speaker":"Sebastian Heitmann","startTime":611.99,"endTime":614.9,"body":"individuals, I would sometimes"},{"speaker":"Sebastian Heitmann","startTime":614.9,"endTime":619.25,"body":"call it like a billionaire club,"},{"speaker":"Sebastian Heitmann","startTime":614.9,"endTime":619.25,"body":"right? So our goal was to say,"},{"speaker":"Sebastian Heitmann","startTime":619.25,"endTime":621.5899999999999,"body":"Okay, this is not going to cut"},{"speaker":"Sebastian Heitmann","startTime":619.25,"endTime":621.5899999999999,"body":"it, we need we need actually"},{"speaker":"Sebastian Heitmann","startTime":621.5899999999999,"endTime":625.4599999999999,"body":"institutional capital, like"},{"speaker":"Sebastian Heitmann","startTime":621.5899999999999,"endTime":625.4599999999999,"body":"capital from pension funds and"},{"speaker":"Sebastian Heitmann","startTime":625.52,"endTime":627.86,"body":"insurance companies where the"},{"speaker":"Sebastian Heitmann","startTime":625.52,"endTime":627.86,"body":"majority of the world's"},{"speaker":"Sebastian Heitmann","startTime":627.86,"endTime":631.88,"body":"capitalists agglomerated, we"},{"speaker":"Sebastian Heitmann","startTime":627.86,"endTime":631.88,"body":"need these seven people to come"},{"speaker":"Sebastian Heitmann","startTime":631.88,"endTime":636.65,"body":"on board and back it as an asset"},{"speaker":"Sebastian Heitmann","startTime":631.88,"endTime":636.65,"body":"class. And therefore, we get"},{"speaker":"Sebastian Heitmann","startTime":636.65,"endTime":639.5,"body":"this only works if the solutions"},{"speaker":"Sebastian Heitmann","startTime":636.65,"endTime":639.5,"body":"that people are working on are"},{"speaker":"Sebastian Heitmann","startTime":639.68,"endTime":643.4599999999999,"body":"not just economically"},{"speaker":"Sebastian Heitmann","startTime":639.68,"endTime":643.4599999999999,"body":"ecologically viable, but also"},{"speaker":"Sebastian Heitmann","startTime":643.4599999999999,"endTime":645.77,"body":"economically viable, they need"},{"speaker":"Sebastian Heitmann","startTime":643.4599999999999,"endTime":645.77,"body":"to be the cheapest solution and"},{"speaker":"Sebastian Heitmann","startTime":645.77,"endTime":647.99,"body":"the solar showed that this is"},{"speaker":"Sebastian Heitmann","startTime":645.77,"endTime":647.99,"body":"possible, you know, so that had"},{"speaker":"Sebastian Heitmann","startTime":647.99,"endTime":654.05,"body":"a huge cost curve. Coming down"},{"speaker":"Sebastian Heitmann","startTime":647.99,"endTime":654.05,"body":"to Being today, at a certain"},{"speaker":"Sebastian Heitmann","startTime":654.05,"endTime":659.72,"body":"time of the day, by far the"},{"speaker":"Sebastian Heitmann","startTime":654.05,"endTime":659.72,"body":"cheapest solution. Yeah. So this"},{"speaker":"Sebastian Heitmann","startTime":659.72,"endTime":663.7099999999999,"body":"cost curve that solar shown is a"},{"speaker":"Sebastian Heitmann","startTime":659.72,"endTime":663.7099999999999,"body":"pure cost engineering to cost"},{"speaker":"Sebastian Heitmann","startTime":664.22,"endTime":669.89,"body":"curve that I think a lot of"},{"speaker":"Sebastian Heitmann","startTime":664.22,"endTime":669.89,"body":"industries can show. If if we"},{"speaker":"Sebastian Heitmann","startTime":669.89,"endTime":673.6999999999999,"body":"put resources behind it and"},{"speaker":"Sebastian Heitmann","startTime":669.89,"endTime":673.6999999999999,"body":"manpower behind it so, and wind"},{"speaker":"Sebastian Heitmann","startTime":673.6999999999999,"endTime":677.27,"body":"also, by the way, had a similar"},{"speaker":"Sebastian Heitmann","startTime":673.6999999999999,"endTime":677.27,"body":"trajectory trajectory. So, the"},{"speaker":"Sebastian Heitmann","startTime":677.27,"endTime":683.48,"body":"these these, when you look at"},{"speaker":"Sebastian Heitmann","startTime":677.27,"endTime":683.48,"body":"the, these energy forecasts from"},{"speaker":"Sebastian Heitmann","startTime":683.51,"endTime":686.9599999999999,"body":"the mid 2000s, or what they were"},{"speaker":"Sebastian Heitmann","startTime":683.51,"endTime":686.9599999999999,"body":"predicting where solar will go"},{"speaker":"Sebastian Heitmann","startTime":686.9599999999999,"endTime":690.65,"body":"cost wise, we look at it today,"},{"speaker":"Sebastian Heitmann","startTime":686.9599999999999,"endTime":690.65,"body":"it's completely wrong. Yeah, it"},{"speaker":"Sebastian Heitmann","startTime":690.65,"endTime":694.43,"body":"completely underestimated the"},{"speaker":"Sebastian Heitmann","startTime":690.65,"endTime":694.43,"body":"exponents reality of that, of"},{"speaker":"Sebastian Heitmann","startTime":694.43,"endTime":699.38,"body":"that cost curve would come down."},{"speaker":"Sebastian Heitmann","startTime":694.43,"endTime":699.38,"body":"So, anyway, that all that just"},{"speaker":"Sebastian Heitmann","startTime":699.89,"endTime":702.77,"body":"fascinating, okay, we need more"},{"speaker":"Sebastian Heitmann","startTime":699.89,"endTime":702.77,"body":"innovation in the space, how do"},{"speaker":"Sebastian Heitmann","startTime":702.77,"endTime":704.78,"body":"we bring innovation to market,"},{"speaker":"Sebastian Heitmann","startTime":702.77,"endTime":704.78,"body":"we need to find the people who"},{"speaker":"Sebastian Heitmann","startTime":704.78,"endTime":707.87,"body":"have the ideas. And there are"},{"speaker":"Sebastian Heitmann","startTime":704.78,"endTime":707.87,"body":"good ideas out there plenty of"},{"speaker":"Sebastian Heitmann","startTime":707.87,"endTime":710.12,"body":"good ideas, but we need to fund"},{"speaker":"Sebastian Heitmann","startTime":707.87,"endTime":710.12,"body":"them and make sure that they"},{"speaker":"Sebastian Heitmann","startTime":710.12,"endTime":713.75,"body":"also execute well. There's also"},{"speaker":"Sebastian Heitmann","startTime":710.12,"endTime":713.75,"body":"there's a lot of good ideas out"},{"speaker":"Sebastian Heitmann","startTime":713.75,"endTime":716.12,"body":"there. But we need to find"},{"speaker":"Sebastian Heitmann","startTime":713.75,"endTime":716.12,"body":"people who can really bring this"},{"speaker":"Sebastian Heitmann","startTime":716.12,"endTime":720.35,"body":"to market and not just"},{"speaker":"Sebastian Heitmann","startTime":716.12,"endTime":720.35,"body":"scientific knowledge, but also"},{"speaker":"Sebastian Heitmann","startTime":720.35,"endTime":723.02,"body":"just company building knowledge"},{"speaker":"Sebastian Heitmann","startTime":720.35,"endTime":723.02,"body":"and how to build a how to build"},{"speaker":"Sebastian Heitmann","startTime":723.02,"endTime":727.1,"body":"a Bible industry. So all of that"},{"speaker":"Sebastian Heitmann","startTime":723.02,"endTime":727.1,"body":"led to us founding this firm,"},{"speaker":"Sebastian Heitmann","startTime":727.52,"endTime":729.9499999999999,"body":"with the idea to build a"},{"speaker":"Sebastian Heitmann","startTime":727.52,"endTime":729.9499999999999,"body":"sophisticated financial product"},{"speaker":"Sebastian Heitmann","startTime":729.9499999999999,"endTime":732.8,"body":"for the institutional investor"},{"speaker":"Sebastian Heitmann","startTime":729.9499999999999,"endTime":732.8,"body":"for an investor who's really"},{"speaker":"Sebastian Heitmann","startTime":732.8,"endTime":737.8399999999999,"body":"looking for stable returns. So"},{"speaker":"Sebastian Heitmann","startTime":732.8,"endTime":737.8399999999999,"body":"our, our thinking in this is"},{"speaker":"Sebastian Heitmann","startTime":738.0799999999999,"endTime":740.75,"body":"people say like, Yeah, but do we"},{"speaker":"Sebastian Heitmann","startTime":738.0799999999999,"endTime":740.75,"body":"have to impact impact is"},{"speaker":"Sebastian Heitmann","startTime":740.75,"endTime":743.24,"body":"important, of course, impact"},{"speaker":"Sebastian Heitmann","startTime":740.75,"endTime":743.24,"body":"important that also impact will"},{"speaker":"Sebastian Heitmann","startTime":743.24,"endTime":748.52,"body":"never come? If we don't scale?"},{"speaker":"Sebastian Heitmann","startTime":743.24,"endTime":748.52,"body":"Every solution that we would we"},{"speaker":"Sebastian Heitmann","startTime":748.52,"endTime":752.39,"body":"invest in has to solve what we"},{"speaker":"Sebastian Heitmann","startTime":748.52,"endTime":752.39,"body":"call the trilemma dilemma"},{"speaker":"Sebastian Heitmann","startTime":752.39,"endTime":755.06,"body":"consisting of economic"},{"speaker":"Sebastian Heitmann","startTime":752.39,"endTime":755.06,"body":"viability, economic viability"},{"speaker":"Sebastian Heitmann","startTime":755.06,"endTime":759.5,"body":"and resilience. Resilience means"},{"speaker":"Sebastian Heitmann","startTime":755.06,"endTime":759.5,"body":"we don't want to invest into any"},{"speaker":"Sebastian Heitmann","startTime":760.0699999999999,"endTime":765.62,"body":"topics that have supply chain"},{"speaker":"Sebastian Heitmann","startTime":760.0699999999999,"endTime":765.62,"body":"restrictions, be it resource or"},{"speaker":"Sebastian Heitmann","startTime":765.62,"endTime":768.0799999999999,"body":"geopolitical or any other"},{"speaker":"Sebastian Heitmann","startTime":765.62,"endTime":768.0799999999999,"body":"restrictions, there needs to be"},{"speaker":"Sebastian Heitmann","startTime":768.23,"endTime":770.5699999999999,"body":"certain resilience back to like"},{"speaker":"Sebastian Heitmann","startTime":768.23,"endTime":770.5699999999999,"body":"you mentioned early on the US"},{"speaker":"Sebastian Heitmann","startTime":771.8,"endTime":775.01,"body":"has a very resilient energy"},{"speaker":"Sebastian Heitmann","startTime":771.8,"endTime":775.01,"body":"strategy. I would say, unlike"},{"speaker":"Sebastian Heitmann","startTime":775.01,"endTime":778.31,"body":"Europe, we're depending a lot of"},{"speaker":"Sebastian Heitmann","startTime":775.01,"endTime":778.31,"body":"imports."},{"speaker":"Tim Montague","startTime":779.78,"endTime":781.1899999999999,"body":"Well, just luck of"},{"speaker":"Tim Montague","startTime":779.78,"endTime":781.1899999999999,"body":"the draw."},{"speaker":"Sebastian Heitmann","startTime":782.63,"endTime":783.62,"body":"Yeah, fair"},{"speaker":"Sebastian Heitmann","startTime":782.63,"endTime":783.62,"body":"enough."},{"speaker":"Tim Montague","startTime":783.98,"endTime":788.54,"body":"We just happen to"},{"speaker":"Tim Montague","startTime":783.98,"endTime":788.54,"body":"to establish this continent"},{"speaker":"Tim Montague","startTime":788.54,"endTime":793.79,"body":"sized country that is rich in"},{"speaker":"Tim Montague","startTime":788.54,"endTime":793.79,"body":"resources, including oil, gas,"},{"speaker":"Tim Montague","startTime":794.27,"endTime":799.9399999999999,"body":"coal, I mean, we have massive,"},{"speaker":"Tim Montague","startTime":794.27,"endTime":799.9399999999999,"body":"massive fossil resources, I was"},{"speaker":"Tim Montague","startTime":799.9399999999999,"endTime":803.48,"body":"looking at the size of the"},{"speaker":"Tim Montague","startTime":799.9399999999999,"endTime":803.48,"body":"fossil industries, compared to"},{"speaker":"Tim Montague","startTime":803.48,"endTime":807.86,"body":"the renewable energy industry,"},{"speaker":"Tim Montague","startTime":803.48,"endTime":807.86,"body":"and renewables are about 30% the"},{"speaker":"Tim Montague","startTime":807.86,"endTime":814.4,"body":"size of the fossil industry in"},{"speaker":"Tim Montague","startTime":807.86,"endTime":814.4,"body":"the United States. And today,"},{"speaker":"Tim Montague","startTime":815.0,"endTime":818.27,"body":"and and one of the, you know,"},{"speaker":"Tim Montague","startTime":815.0,"endTime":818.27,"body":"I'd like to, if we could really"},{"speaker":"Tim Montague","startTime":818.27,"endTime":822.11,"body":"shine a light on some of your"},{"speaker":"Tim Montague","startTime":818.27,"endTime":822.11,"body":"portfolio companies and how you"},{"speaker":"Tim Montague","startTime":822.11,"endTime":829.37,"body":"see the path forward to"},{"speaker":"Tim Montague","startTime":822.11,"endTime":829.37,"body":"extracting 50 billion tons of"},{"speaker":"Tim Montague","startTime":881.0899999999999,"endTime":883.9100000000001,"body":"carbon pollution from the"},{"speaker":"Tim Montague","startTime":881.0899999999999,"endTime":883.9100000000001,"body":"economy, okay, to netzero, the"},{"speaker":"Tim Montague","startTime":883.9100000000001,"endTime":888.1700000000001,"body":"economy, we're talking about 50"},{"speaker":"Tim Montague","startTime":883.9100000000001,"endTime":888.1700000000001,"body":"billion tonnes or 50 Giga tons."},{"speaker":"Tim Montague","startTime":889.1299999999999,"endTime":893.03,"body":"And that's a good and that's a"},{"speaker":"Tim Montague","startTime":889.1299999999999,"endTime":893.03,"body":"good goal. We always, we always"},{"speaker":"Tim Montague","startTime":893.03,"endTime":897.8899999999999,"body":"want to remember that there's a"},{"speaker":"Tim Montague","startTime":893.03,"endTime":897.8899999999999,"body":"trillion tons already in the"},{"speaker":"Tim Montague","startTime":897.8899999999999,"endTime":904.28,"body":"atmosphere. That got us to 420"},{"speaker":"Tim Montague","startTime":897.8899999999999,"endTime":904.28,"body":"ppm, ppm is going up, my"},{"speaker":"Tim Montague","startTime":904.28,"endTime":908.06,"body":"listeners up, not down, we are"},{"speaker":"Tim Montague","startTime":904.28,"endTime":908.06,"body":"still headed the wrong"},{"speaker":"Tim Montague","startTime":908.06,"endTime":912.0799999999999,"body":"direction. And we also have to"},{"speaker":"Tim Montague","startTime":908.06,"endTime":912.0799999999999,"body":"while we're netzero in the"},{"speaker":"Tim Montague","startTime":912.0799999999999,"endTime":915.9200000000001,"body":"economy, we also have to suck"},{"speaker":"Tim Montague","startTime":912.0799999999999,"endTime":915.9200000000001,"body":"carbon out of the atmosphere to"},{"speaker":"Tim Montague","startTime":915.9200000000001,"endTime":920.48,"body":"get back to 300. To what is"},{"speaker":"Tim Montague","startTime":915.9200000000001,"endTime":920.48,"body":"considered a safe level of"},{"speaker":"Tim Montague","startTime":920.48,"endTime":925.76,"body":"pollution in the atmosphere. But"},{"speaker":"Tim Montague","startTime":920.48,"endTime":925.76,"body":"how do you see extensions"},{"speaker":"Tim Montague","startTime":925.76,"endTime":929.3,"body":"serving that goal of netzero in"},{"speaker":"Tim Montague","startTime":925.76,"endTime":929.3,"body":"the economy?"},{"speaker":"Sebastian Heitmann","startTime":930.77,"endTime":932.72,"body":"Well, it's"},{"speaker":"Sebastian Heitmann","startTime":930.77,"endTime":932.72,"body":"it's our it's our North Star"},{"speaker":"Sebastian Heitmann","startTime":932.72,"endTime":938.3299999999999,"body":"housing. But one statement like"},{"speaker":"Sebastian Heitmann","startTime":932.72,"endTime":938.3299999999999,"body":"head of that, I mean, netzero"},{"speaker":"Sebastian Heitmann","startTime":938.3299999999999,"endTime":940.97,"body":"economy is something desirable,"},{"speaker":"Sebastian Heitmann","startTime":938.3299999999999,"endTime":940.97,"body":"for sure. But in the end of the"},{"speaker":"Sebastian Heitmann","startTime":940.97,"endTime":944.8999999999999,"body":"day, it's about a, it's about"},{"speaker":"Sebastian Heitmann","startTime":940.97,"endTime":944.8999999999999,"body":"living in with a healthy planet."},{"speaker":"Sebastian Heitmann","startTime":945.5899999999999,"endTime":948.05,"body":"And a healthy planet is for"},{"speaker":"Sebastian Heitmann","startTime":945.5899999999999,"endTime":948.05,"body":"sure, from a carbon perspective,"},{"speaker":"Sebastian Heitmann","startTime":948.05,"endTime":951.44,"body":"not zero, but also like the way"},{"speaker":"Sebastian Heitmann","startTime":948.05,"endTime":951.44,"body":"it's an overshoot problem, which"},{"speaker":"Sebastian Heitmann","startTime":951.44,"endTime":956.06,"body":"has many different facets and"},{"speaker":"Sebastian Heitmann","startTime":951.44,"endTime":956.06,"body":"climate is one of them. So we"},{"speaker":"Sebastian Heitmann","startTime":956.06,"endTime":959.8699999999999,"body":"generally believe in a just a"},{"speaker":"Sebastian Heitmann","startTime":956.06,"endTime":959.8699999999999,"body":"sustainable and regenerative"},{"speaker":"Sebastian Heitmann","startTime":960.5,"endTime":967.55,"body":"economy, where we are able to"},{"speaker":"Sebastian Heitmann","startTime":960.5,"endTime":967.55,"body":"reuse recycle, realized"},{"speaker":"Sebastian Heitmann","startTime":967.55,"endTime":972.4100000000001,"body":"infrastructure and resources."},{"speaker":"Sebastian Heitmann","startTime":967.55,"endTime":972.4100000000001,"body":"So, but that it's on the path to"},{"speaker":"Sebastian Heitmann","startTime":972.4100000000001,"endTime":974.69,"body":"that zero economies. Well,"},{"speaker":"Sebastian Heitmann","startTime":972.4100000000001,"endTime":974.69,"body":"there's the same path, but it's"},{"speaker":"Sebastian Heitmann","startTime":974.69,"endTime":978.29,"body":"maybe a little bit broader the"},{"speaker":"Sebastian Heitmann","startTime":974.69,"endTime":978.29,"body":"way we view it, we view it. And"},{"speaker":"Sebastian Heitmann","startTime":978.29,"endTime":981.0799999999999,"body":"of course, when we look at now"},{"speaker":"Sebastian Heitmann","startTime":978.29,"endTime":981.0799999999999,"body":"from investment perspective,"},{"speaker":"Sebastian Heitmann","startTime":981.8299999999999,"endTime":984.1700000000001,"body":"what are the what are the topics"},{"speaker":"Sebastian Heitmann","startTime":981.8299999999999,"endTime":984.1700000000001,"body":"that are interesting? It's quite"},{"speaker":"Sebastian Heitmann","startTime":984.1700000000001,"endTime":987.1099999999999,"body":"simply, today we understand a"},{"speaker":"Sebastian Heitmann","startTime":984.1700000000001,"endTime":987.1099999999999,"body":"couple we call the TransTech"},{"speaker":"Sebastian Heitmann","startTime":987.1700000000001,"endTime":990.6800000000001,"body":"problems, quite clear science is"},{"speaker":"Sebastian Heitmann","startTime":987.1700000000001,"endTime":990.6800000000001,"body":"also quite clear where the"},{"speaker":"Sebastian Heitmann","startTime":990.6800000000001,"endTime":992.72,"body":"majority of the emissions come"},{"speaker":"Sebastian Heitmann","startTime":990.6800000000001,"endTime":992.72,"body":"from. And then we of course,"},{"speaker":"Sebastian Heitmann","startTime":992.72,"endTime":996.77,"body":"look at what areas have the best"},{"speaker":"Sebastian Heitmann","startTime":992.72,"endTime":996.77,"body":"opportunity to decarbonize"},{"speaker":"Sebastian Heitmann","startTime":996.9200000000001,"endTime":999.77,"body":"through technology. It's always"},{"speaker":"Sebastian Heitmann","startTime":996.9200000000001,"endTime":999.77,"body":"the technological edge still to"},{"speaker":"Sebastian Heitmann","startTime":999.77,"endTime":1002.47,"body":"do it that we have, but we're"},{"speaker":"Sebastian Heitmann","startTime":999.77,"endTime":1002.47,"body":"not somebody who would invest in"},{"speaker":"Sebastian Heitmann","startTime":1002.47,"endTime":1005.8599999999999,"body":"to build out of solar or wind"},{"speaker":"Sebastian Heitmann","startTime":1002.47,"endTime":1005.8599999999999,"body":"farms, so we've always looked"},{"speaker":"Sebastian Heitmann","startTime":1006.25,"endTime":1010.51,"body":"for a better pv cell or a highly"},{"speaker":"Sebastian Heitmann","startTime":1006.25,"endTime":1010.51,"body":"efficient wind turbine or"},{"speaker":"Sebastian Heitmann","startTime":1010.51,"endTime":1013.8699999999999,"body":"something in that area, or"},{"speaker":"Sebastian Heitmann","startTime":1010.51,"endTime":1013.8699999999999,"body":"completely different areas. At"},{"speaker":"Sebastian Heitmann","startTime":1013.8699999999999,"endTime":1016.6600000000001,"body":"the end of the day, it all"},{"speaker":"Sebastian Heitmann","startTime":1013.8699999999999,"endTime":1016.6600000000001,"body":"literally all boils down to"},{"speaker":"Sebastian Heitmann","startTime":1016.6600000000001,"endTime":1019.78,"body":"energy. And energy does not mean"},{"speaker":"Sebastian Heitmann","startTime":1016.6600000000001,"endTime":1019.78,"body":"electricity, people always"},{"speaker":"Sebastian Heitmann","startTime":1019.78,"endTime":1025.6,"body":"confuse that energy is all type"},{"speaker":"Sebastian Heitmann","startTime":1019.78,"endTime":1025.6,"body":"of ways how to make atoms dance,"},{"speaker":"Sebastian Heitmann","startTime":1025.6,"endTime":1030.1299999999999,"body":"I would say, yeah, everything"},{"speaker":"Sebastian Heitmann","startTime":1025.6,"endTime":1030.1299999999999,"body":"has moved atoms is energy. And"},{"speaker":"Sebastian Heitmann","startTime":1031.81,"endTime":1033.91,"body":"therefore electricity is a part."},{"speaker":"Sebastian Heitmann","startTime":1031.81,"endTime":1033.91,"body":"But electricity, actually, the"},{"speaker":"Sebastian Heitmann","startTime":1033.91,"endTime":1037.69,"body":"minor part is the easy part as"},{"speaker":"Sebastian Heitmann","startTime":1033.91,"endTime":1037.69,"body":"well to decarbonize the grid can"},{"speaker":"Sebastian Heitmann","startTime":1037.69,"endTime":1042.04,"body":"be can be carbonized. Heat is a"},{"speaker":"Sebastian Heitmann","startTime":1037.69,"endTime":1042.04,"body":"elephant in the room, that's the"},{"speaker":"Sebastian Heitmann","startTime":1042.04,"endTime":1044.77,"body":"biggest challenge. And a lot of"},{"speaker":"Sebastian Heitmann","startTime":1042.04,"endTime":1044.77,"body":"the major emissions come from"},{"speaker":"Sebastian Heitmann","startTime":1044.77,"endTime":1048.85,"body":"heat process, such like steel"},{"speaker":"Sebastian Heitmann","startTime":1044.77,"endTime":1048.85,"body":"manufacturing, and also cement"},{"speaker":"Sebastian Heitmann","startTime":1048.85,"endTime":1054.01,"body":"manufacturing, or concrete. So"},{"speaker":"Sebastian Heitmann","startTime":1048.85,"endTime":1054.01,"body":"that's a big problem. And"},{"speaker":"Sebastian Heitmann","startTime":1054.01,"endTime":1057.97,"body":"there's also transport fuels."},{"speaker":"Sebastian Heitmann","startTime":1054.01,"endTime":1057.97,"body":"Everything we use to run our"},{"speaker":"Sebastian Heitmann","startTime":1057.97,"endTime":1062.05,"body":"planes and ships and cars, and"},{"speaker":"Sebastian Heitmann","startTime":1057.97,"endTime":1062.05,"body":"so on. So that's also a big, big"},{"speaker":"Sebastian Heitmann","startTime":1062.05,"endTime":1064.96,"body":"portion of the energy"},{"speaker":"Sebastian Heitmann","startTime":1062.05,"endTime":1064.96,"body":"consumption so they can come but"},{"speaker":"Sebastian Heitmann","startTime":1064.96,"endTime":1067.03,"body":"I'm saying is it can come in"},{"speaker":"Sebastian Heitmann","startTime":1064.96,"endTime":1067.03,"body":"different shapes and forms"},{"speaker":"Sebastian Heitmann","startTime":1067.03,"endTime":1071.74,"body":"energy. And we will look at all"},{"speaker":"Sebastian Heitmann","startTime":1067.03,"endTime":1071.74,"body":"of these shapes and forms now."},{"speaker":"Sebastian Heitmann","startTime":1071.92,"endTime":1073.3899999999999,"body":"Okay, just electricity,"},{"speaker":"Tim Montague","startTime":1073.6,"endTime":1077.74,"body":"right? Sure. So,"},{"speaker":"Tim Montague","startTime":1073.6,"endTime":1077.74,"body":"so you're attacking the major"},{"speaker":"Tim Montague","startTime":1077.74,"endTime":1083.77,"body":"sources of carbon pollution, so"},{"speaker":"Tim Montague","startTime":1077.74,"endTime":1083.77,"body":"to speak, the grid, industrial"},{"speaker":"Tim Montague","startTime":1083.77,"endTime":1090.52,"body":"heat, there's also HVAC, there's"},{"speaker":"Tim Montague","startTime":1083.77,"endTime":1090.52,"body":"transportation, there's major"},{"speaker":"Tim Montague","startTime":1090.52,"endTime":1095.71,"body":"manufacturing sectors, like"},{"speaker":"Tim Montague","startTime":1090.52,"endTime":1095.71,"body":"steel cement, and, and, you"},{"speaker":"Tim Montague","startTime":1095.71,"endTime":1096.0400000000002,"body":"know,"},{"speaker":"Sebastian Heitmann","startTime":1097.0900000000001,"endTime":1099.67,"body":"real primary"},{"speaker":"Sebastian Heitmann","startTime":1097.0900000000001,"endTime":1099.67,"body":"energy as well, how do we create"},{"speaker":"Sebastian Heitmann","startTime":1099.67,"endTime":1102.13,"body":"energy, there's not that many"},{"speaker":"Sebastian Heitmann","startTime":1099.67,"endTime":1102.13,"body":"sources that we really these"},{"speaker":"Sebastian Heitmann","startTime":1102.13,"endTime":1105.73,"body":"days create energy, right, we"},{"speaker":"Sebastian Heitmann","startTime":1102.13,"endTime":1105.73,"body":"can use the sun to be we can use"},{"speaker":"Sebastian Heitmann","startTime":1105.73,"endTime":1110.2,"body":"the wind, which is essentially"},{"speaker":"Sebastian Heitmann","startTime":1105.73,"endTime":1110.2,"body":"also sun, driven by sun. Sure."},{"speaker":"Sebastian Heitmann","startTime":1112.51,"endTime":1116.02,"body":"Also, other sectors, such as"},{"speaker":"Sebastian Heitmann","startTime":1112.51,"endTime":1116.02,"body":"biomass is also just another way"},{"speaker":"Sebastian Heitmann","startTime":1116.02,"endTime":1119.1100000000001,"body":"of storing sunlight. Also,"},{"speaker":"Sebastian Heitmann","startTime":1116.02,"endTime":1119.1100000000001,"body":"fossils are just another way of"},{"speaker":"Sebastian Heitmann","startTime":1119.1100000000001,"endTime":1122.2,"body":"storing sunlight in the day. I"},{"speaker":"Sebastian Heitmann","startTime":1119.1100000000001,"endTime":1122.2,"body":"mean, this is biomass that was"},{"speaker":"Sebastian Heitmann","startTime":1122.2,"endTime":1124.9,"body":"created by sunlight and sand"},{"speaker":"Sebastian Heitmann","startTime":1122.2,"endTime":1124.9,"body":"convention to the ground and"},{"speaker":"Sebastian Heitmann","startTime":1124.9,"endTime":1128.74,"body":"became a hydrocarbon. But"},{"speaker":"Sebastian Heitmann","startTime":1124.9,"endTime":1128.74,"body":"essentially, it's all powered by"},{"speaker":"Sebastian Heitmann","startTime":1128.74,"endTime":1131.92,"body":"sunlight, and just takes"},{"speaker":"Sebastian Heitmann","startTime":1128.74,"endTime":1131.92,"body":"different ways. And also, not"},{"speaker":"Sebastian Heitmann","startTime":1131.92,"endTime":1134.95,"body":"just days, but also you"},{"speaker":"Sebastian Heitmann","startTime":1131.92,"endTime":1134.95,"body":"mentioned the word early on also"},{"speaker":"Sebastian Heitmann","startTime":1134.98,"endTime":1137.32,"body":"different energy densities,"},{"speaker":"Sebastian Heitmann","startTime":1134.98,"endTime":1137.32,"body":"because that's actually a key"},{"speaker":"Sebastian Heitmann","startTime":1137.32,"endTime":1142.81,"body":"factor as well, that density"},{"speaker":"Sebastian Heitmann","startTime":1137.32,"endTime":1142.81,"body":"energy matters a lot. So those,"},{"speaker":"Tim Montague","startTime":1144.3700000000001,"endTime":1147.34,"body":"but I see a"},{"speaker":"Tim Montague","startTime":1144.3700000000001,"endTime":1147.34,"body":"problem here. And that is how do"},{"speaker":"Tim Montague","startTime":1147.34,"endTime":1151.66,"body":"you how do you how do you filter"},{"speaker":"Tim Montague","startTime":1147.34,"endTime":1151.66,"body":"out ideas, because there's"},{"speaker":"Tim Montague","startTime":1151.69,"endTime":1156.28,"body":"millions or billions of of"},{"speaker":"Tim Montague","startTime":1151.69,"endTime":1156.28,"body":"technology ideas, humans are"},{"speaker":"Tim Montague","startTime":1156.28,"endTime":1161.8600000000001,"body":"very creative, and absolute, but"},{"speaker":"Tim Montague","startTime":1156.28,"endTime":1161.8600000000001,"body":"a lot of those inventors have no"},{"speaker":"Tim Montague","startTime":1161.8600000000001,"endTime":1165.3700000000001,"body":"idea of economics. And so one of"},{"speaker":"Tim Montague","startTime":1161.8600000000001,"endTime":1165.3700000000001,"body":"the things I really appreciate"},{"speaker":"Tim Montague","startTime":1165.3700000000001,"endTime":1170.2,"body":"about gentlemen, like Peter for"},{"speaker":"Tim Montague","startTime":1165.3700000000001,"endTime":1170.2,"body":"kowski, check out episode 159."},{"speaker":"Tim Montague","startTime":1170.26,"endTime":1175.63,"body":"Okay, Peter for kowski, fit"},{"speaker":"Tim Montague","startTime":1170.26,"endTime":1175.63,"body":"KOWSKY. He's the author of"},{"speaker":"Tim Montague","startTime":1175.63,"endTime":1180.13,"body":"climate restoration, Peter"},{"speaker":"Tim Montague","startTime":1175.63,"endTime":1180.13,"body":"created a filter, right? It"},{"speaker":"Tim Montague","startTime":1180.13,"endTime":1185.02,"body":"said, Look, I, I'm gonna do a"},{"speaker":"Tim Montague","startTime":1180.13,"endTime":1185.02,"body":"first principles analysis of the"},{"speaker":"Tim Montague","startTime":1185.02,"endTime":1190.63,"body":"solutions, but the answer has to"},{"speaker":"Tim Montague","startTime":1185.02,"endTime":1190.63,"body":"be affordable, practical,"},{"speaker":"Tim Montague","startTime":1190.66,"endTime":1195.3700000000001,"body":"scalable, and real. Like it has"},{"speaker":"Tim Montague","startTime":1190.66,"endTime":1195.3700000000001,"body":"to be here now, because we have"},{"speaker":"Tim Montague","startTime":1195.3700000000001,"endTime":1200.8,"body":"to do this now. Do you have a"},{"speaker":"Tim Montague","startTime":1195.3700000000001,"endTime":1200.8,"body":"similar kind of a filter or, or"},{"speaker":"Tim Montague","startTime":1201.04,"endTime":1205.66,"body":"system so to speak to? To"},{"speaker":"Tim Montague","startTime":1201.04,"endTime":1205.66,"body":"measure because you're going to"},{"speaker":"Tim Montague","startTime":1205.66,"endTime":1209.6200000000001,"body":"be constantly, you've got to be"},{"speaker":"Tim Montague","startTime":1205.66,"endTime":1209.6200000000001,"body":"constantly weighing A versus B,"},{"speaker":"Tim Montague","startTime":1209.89,"endTime":1213.88,"body":"or A versus B versus C? How do"},{"speaker":"Tim Montague","startTime":1209.89,"endTime":1213.88,"body":"we where do we put our money?"},{"speaker":"Tim Montague","startTime":1213.97,"endTime":1214.8700000000001,"body":"Yeah, absolutely."},{"speaker":"Sebastian Heitmann","startTime":1216.13,"endTime":1218.98,"body":"And I always"},{"speaker":"Sebastian Heitmann","startTime":1216.13,"endTime":1218.98,"body":"think the the role of innovation"},{"speaker":"Sebastian Heitmann","startTime":1218.98,"endTime":1224.71,"body":"here is the is the unknown,"},{"speaker":"Sebastian Heitmann","startTime":1218.98,"endTime":1224.71,"body":"right? And also the beauty. That"},{"speaker":"Sebastian Heitmann","startTime":1224.74,"endTime":1228.04,"body":"will become I mean, we have"},{"speaker":"Sebastian Heitmann","startTime":1224.74,"endTime":1228.04,"body":"certain technologies today and"},{"speaker":"Sebastian Heitmann","startTime":1228.04,"endTime":1231.4,"body":"whatever we have today, deploy"},{"speaker":"Sebastian Heitmann","startTime":1228.04,"endTime":1231.4,"body":"as much as we can put capital"},{"speaker":"Sebastian Heitmann","startTime":1231.4,"endTime":1233.74,"body":"resources, people behind it a"},{"speaker":"Sebastian Heitmann","startTime":1231.4,"endTime":1233.74,"body":"deployable wherever we can"},{"speaker":"Sebastian Heitmann","startTime":1233.74,"endTime":1238.51,"body":"today, nothing's gonna stop us"},{"speaker":"Sebastian Heitmann","startTime":1233.74,"endTime":1238.51,"body":"from that. However, we have"},{"speaker":"Sebastian Heitmann","startTime":1238.51,"endTime":1240.97,"body":"challenges specifically in what"},{"speaker":"Sebastian Heitmann","startTime":1238.51,"endTime":1240.97,"body":"we call firm capacity or"},{"speaker":"Sebastian Heitmann","startTime":1240.97,"endTime":1244.66,"body":"baseload energy, where we are we"},{"speaker":"Sebastian Heitmann","startTime":1240.97,"endTime":1244.66,"body":"don't have great answers today,"},{"speaker":"Sebastian Heitmann","startTime":1244.66,"endTime":1249.13,"body":"for example, where we need to"},{"speaker":"Sebastian Heitmann","startTime":1244.66,"endTime":1249.13,"body":"work on and this is fairly"},{"speaker":"Sebastian Heitmann","startTime":1249.28,"endTime":1254.47,"body":"important problem. And you can"},{"speaker":"Sebastian Heitmann","startTime":1249.28,"endTime":1254.47,"body":"see some moves now from some of"},{"speaker":"Sebastian Heitmann","startTime":1254.47,"endTime":1258.46,"body":"the corporate time to realize"},{"speaker":"Sebastian Heitmann","startTime":1254.47,"endTime":1258.46,"body":"that you saw that was at"},{"speaker":"Sebastian Heitmann","startTime":1258.49,"endTime":1261.34,"body":"Microsoft, Amazon, I think"},{"speaker":"Sebastian Heitmann","startTime":1258.49,"endTime":1261.34,"body":"Amazon just bought a data center"},{"speaker":"Sebastian Heitmann","startTime":1261.34,"endTime":1262.84,"body":"which is powered by nuclear"},{"speaker":"Sebastian Heitmann","startTime":1261.34,"endTime":1262.84,"body":"power, because actually"},{"speaker":"Sebastian Heitmann","startTime":1262.84,"endTime":1266.05,"body":"understand that in order to be"},{"speaker":"Sebastian Heitmann","startTime":1262.84,"endTime":1266.05,"body":"on the edge of AI and be able to"},{"speaker":"Sebastian Heitmann","startTime":1266.08,"endTime":1269.53,"body":"continuously process they need"},{"speaker":"Sebastian Heitmann","startTime":1266.08,"endTime":1269.53,"body":"from capacity, they can't run it"},{"speaker":"Sebastian Heitmann","startTime":1269.53,"endTime":1272.38,"body":"on wind and solar. So because"},{"speaker":"Sebastian Heitmann","startTime":1269.53,"endTime":1272.38,"body":"these are so called intermittent"},{"speaker":"Sebastian Heitmann","startTime":1272.38,"endTime":1274.9,"body":"sources, so that that there"},{"speaker":"Sebastian Heitmann","startTime":1272.38,"endTime":1274.9,"body":"there are some challenges there"},{"speaker":"Sebastian Heitmann","startTime":1274.93,"endTime":1279.22,"body":"that we have not met yet. And of"},{"speaker":"Sebastian Heitmann","startTime":1274.93,"endTime":1279.22,"body":"course, there are people"},{"speaker":"Sebastian Heitmann","startTime":1279.4,"endTime":1284.92,"body":"proclaiming pathways of building"},{"speaker":"Sebastian Heitmann","startTime":1279.4,"endTime":1284.92,"body":"large infrastructure in sunny"},{"speaker":"Sebastian Heitmann","startTime":1284.92,"endTime":1289.27,"body":"places and then creating ammonia"},{"speaker":"Sebastian Heitmann","startTime":1284.92,"endTime":1289.27,"body":"or any type of other energy"},{"speaker":"Sebastian Heitmann","startTime":1289.27,"endTime":1292.24,"body":"carrier hydrogen and ship it"},{"speaker":"Sebastian Heitmann","startTime":1289.27,"endTime":1292.24,"body":"around the world. I think this"},{"speaker":"Sebastian Heitmann","startTime":1292.24,"endTime":1297.49,"body":"is is is theoretically a way"},{"speaker":"Sebastian Heitmann","startTime":1292.24,"endTime":1297.49,"body":"that's you see in most of the"},{"speaker":"Sebastian Heitmann","startTime":1297.49,"endTime":1300.4,"body":"energy models when you will take"},{"speaker":"Sebastian Heitmann","startTime":1297.49,"endTime":1300.4,"body":"a look at it because they're"},{"speaker":"Sebastian Heitmann","startTime":1300.4,"endTime":1303.49,"body":"modeling with today's tools. If"},{"speaker":"Sebastian Heitmann","startTime":1300.4,"endTime":1303.49,"body":"you had to model with today's"},{"speaker":"Sebastian Heitmann","startTime":1303.49,"endTime":1306.04,"body":"tools, I'm a professor for"},{"speaker":"Sebastian Heitmann","startTime":1303.49,"endTime":1306.04,"body":"energy systems. And this is what"},{"speaker":"Sebastian Heitmann","startTime":1306.04,"endTime":1308.05,"body":"I could potentially model"},{"speaker":"Sebastian Heitmann","startTime":1306.04,"endTime":1308.05,"body":"because I obviously I don't have"},{"speaker":"Sebastian Heitmann","startTime":1308.05,"endTime":1311.26,"body":"a crystal ball, I can't foresee"},{"speaker":"Sebastian Heitmann","startTime":1308.05,"endTime":1311.26,"body":"the future. But I don't think"},{"speaker":"Sebastian Heitmann","startTime":1311.26,"endTime":1315.64,"body":"this is the most desirable world"},{"speaker":"Sebastian Heitmann","startTime":1311.26,"endTime":1315.64,"body":"today. This is a very complex"},{"speaker":"Sebastian Heitmann","startTime":1315.64,"endTime":1318.22,"body":"and very infrastructure heavy"},{"speaker":"Sebastian Heitmann","startTime":1315.64,"endTime":1318.22,"body":"world that we need to build an"},{"speaker":"Sebastian Heitmann","startTime":1318.22,"endTime":1321.52,"body":"enormous amount of new"},{"speaker":"Sebastian Heitmann","startTime":1318.22,"endTime":1321.52,"body":"infrastructure. Our, our game"},{"speaker":"Sebastian Heitmann","startTime":1321.52,"endTime":1325.03,"body":"plan we ask for it is typically"},{"speaker":"Sebastian Heitmann","startTime":1321.52,"endTime":1325.03,"body":"we look at, of course, we look"},{"speaker":"Sebastian Heitmann","startTime":1325.03,"endTime":1327.46,"body":"at speed and scale, clearly, we"},{"speaker":"Sebastian Heitmann","startTime":1325.03,"endTime":1327.46,"body":"want to have stuff that comes"},{"speaker":"Sebastian Heitmann","startTime":1327.46,"endTime":1331.24,"body":"fast, when stuff that is"},{"speaker":"Sebastian Heitmann","startTime":1327.46,"endTime":1331.24,"body":"significant that moves the"},{"speaker":"Sebastian Heitmann","startTime":1331.24,"endTime":1335.1100000000001,"body":"needle, that's fast tax at 100"},{"speaker":"Sebastian Heitmann","startTime":1331.24,"endTime":1335.1100000000001,"body":"Mega tons of co2 per annum per"},{"speaker":"Sebastian Heitmann","startTime":1335.1100000000001,"endTime":1339.31,"body":"technology abatement potential"},{"speaker":"Sebastian Heitmann","startTime":1335.1100000000001,"endTime":1339.31,"body":"in the year 2050. So in the"},{"speaker":"Sebastian Heitmann","startTime":1339.31,"endTime":1342.67,"body":"distant future, not tomorrow,"},{"speaker":"Sebastian Heitmann","startTime":1339.31,"endTime":1342.67,"body":"the 100 megatons is extra large."},{"speaker":"Sebastian Heitmann","startTime":1344.53,"endTime":1346.8700000000001,"body":"But also, we want to see that"},{"speaker":"Sebastian Heitmann","startTime":1344.53,"endTime":1346.8700000000001,"body":"the technologies that we invest"},{"speaker":"Sebastian Heitmann","startTime":1346.8700000000001,"endTime":1351.1000000000001,"body":"in, are actually a net reducer"},{"speaker":"Sebastian Heitmann","startTime":1346.8700000000001,"endTime":1351.1000000000001,"body":"by the year 2030, meaning they"},{"speaker":"Sebastian Heitmann","startTime":1351.1000000000001,"endTime":1354.97,"body":"paid back that come debt for"},{"speaker":"Sebastian Heitmann","startTime":1351.1000000000001,"endTime":1354.97,"body":"being alive today. Because"},{"speaker":"Sebastian Heitmann","startTime":1354.97,"endTime":1357.16,"body":"everybody will love today's"},{"speaker":"Sebastian Heitmann","startTime":1354.97,"endTime":1357.16,"body":"consuming today's current"},{"speaker":"Sebastian Heitmann","startTime":1358.03,"endTime":1361.72,"body":"budget, though, and Pixar to"},{"speaker":"Sebastian Heitmann","startTime":1358.03,"endTime":1361.72,"body":"become a net producer now or"},{"speaker":"Sebastian Heitmann","startTime":1361.72,"endTime":1364.06,"body":"even have to become introduced"},{"speaker":"Sebastian Heitmann","startTime":1361.72,"endTime":1364.06,"body":"earlier to pay back the existing"},{"speaker":"Sebastian Heitmann","startTime":1364.06,"endTime":1366.49,"body":"debt. And then from 2030"},{"speaker":"Sebastian Heitmann","startTime":1364.06,"endTime":1366.49,"body":"onwards, they need to be net"},{"speaker":"Sebastian Heitmann","startTime":1366.49,"endTime":1371.47,"body":"reducers. It was 2031 or"},{"speaker":"Sebastian Heitmann","startTime":1366.49,"endTime":1371.47,"body":"something. But the point I'm"},{"speaker":"Sebastian Heitmann","startTime":1371.47,"endTime":1376.84,"body":"saying in the near future is the"},{"speaker":"Sebastian Heitmann","startTime":1371.47,"endTime":1376.84,"body":"point here. Sure. And if you put"},{"speaker":"Sebastian Heitmann","startTime":1376.84,"endTime":1380.3500000000001,"body":"these things together, those two"},{"speaker":"Sebastian Heitmann","startTime":1376.84,"endTime":1380.3500000000001,"body":"goals together, you end up"},{"speaker":"Sebastian Heitmann","startTime":1380.3500000000001,"endTime":1383.77,"body":"understanding that you build"},{"speaker":"Sebastian Heitmann","startTime":1380.3500000000001,"endTime":1383.77,"body":"infrastructure is actually going"},{"speaker":"Sebastian Heitmann","startTime":1383.77,"endTime":1386.53,"body":"to be very complicated, because"},{"speaker":"Sebastian Heitmann","startTime":1383.77,"endTime":1386.53,"body":"it takes a long time consumes a"},{"speaker":"Sebastian Heitmann","startTime":1386.53,"endTime":1390.55,"body":"lot of a lot of carbon that"},{"speaker":"Sebastian Heitmann","startTime":1386.53,"endTime":1390.55,"body":"today, you want to be ideally as"},{"speaker":"Sebastian Heitmann","startTime":1390.55,"endTime":1392.98,"body":"close as possible to"},{"speaker":"Sebastian Heitmann","startTime":1390.55,"endTime":1392.98,"body":"retrofitting to existing"},{"speaker":"Sebastian Heitmann","startTime":1392.98,"endTime":1395.68,"body":"infrastructure reutilizing or"},{"speaker":"Sebastian Heitmann","startTime":1392.98,"endTime":1395.68,"body":"leveraging existing"},{"speaker":"Sebastian Heitmann","startTime":1395.68,"endTime":1399.49,"body":"infrastructure. So that's how we"},{"speaker":"Sebastian Heitmann","startTime":1395.68,"endTime":1399.49,"body":"how we look at it as well, what"},{"speaker":"Sebastian Heitmann","startTime":1399.49,"endTime":1405.49,"body":"technology can we bolt on onto"},{"speaker":"Sebastian Heitmann","startTime":1399.49,"endTime":1405.49,"body":"today's infrastructure? So those"},{"speaker":"Sebastian Heitmann","startTime":1405.49,"endTime":1407.92,"body":"things and we need, of course,"},{"speaker":"Sebastian Heitmann","startTime":1405.49,"endTime":1407.92,"body":"some other factors as well,"},{"speaker":"Sebastian Heitmann","startTime":1407.92,"endTime":1411.97,"body":"those are more like than"},{"speaker":"Sebastian Heitmann","startTime":1407.92,"endTime":1411.97,"body":"capital. Well, I can be seated"},{"speaker":"Sebastian Heitmann","startTime":1411.97,"endTime":1416.14,"body":"or like, capitalistic point of"},{"speaker":"Sebastian Heitmann","startTime":1411.97,"endTime":1416.14,"body":"views are, obviously we need a"},{"speaker":"Sebastian Heitmann","startTime":1416.14,"endTime":1418.84,"body":"certain technology readiness"},{"speaker":"Sebastian Heitmann","startTime":1416.14,"endTime":1418.84,"body":"level, in order to be fast"},{"speaker":"Sebastian Heitmann","startTime":1418.84,"endTime":1420.88,"body":"enough, we need a certain"},{"speaker":"Sebastian Heitmann","startTime":1418.84,"endTime":1420.88,"body":"commercial traction, we need to"},{"speaker":"Sebastian Heitmann","startTime":1420.88,"endTime":1422.56,"body":"see that there's customers out"},{"speaker":"Sebastian Heitmann","startTime":1420.88,"endTime":1422.56,"body":"there, we actually want to buy"},{"speaker":"Sebastian Heitmann","startTime":1422.56,"endTime":1425.38,"body":"that solution and interested in"},{"speaker":"Sebastian Heitmann","startTime":1422.56,"endTime":1425.38,"body":"the solution. That's where the"},{"speaker":"Sebastian Heitmann","startTime":1425.38,"endTime":1428.14,"body":"economic viability comes in."},{"speaker":"Sebastian Heitmann","startTime":1425.38,"endTime":1428.14,"body":"There's a couple of factors that"},{"speaker":"Sebastian Heitmann","startTime":1428.14,"endTime":1432.1000000000001,"body":"we that we put on, but it also"},{"speaker":"Sebastian Heitmann","startTime":1428.14,"endTime":1432.1000000000001,"body":"serves as a nice exclusion"},{"speaker":"Sebastian Heitmann","startTime":1432.1000000000001,"endTime":1434.92,"body":"criteria, to be honest, because"},{"speaker":"Sebastian Heitmann","startTime":1432.1000000000001,"endTime":1434.92,"body":"we see interesting technologies"},{"speaker":"Sebastian Heitmann","startTime":1434.92,"endTime":1439.9,"body":"that we totally think are worth"},{"speaker":"Sebastian Heitmann","startTime":1434.92,"endTime":1439.9,"body":"spending resources on. But they"},{"speaker":"Sebastian Heitmann","startTime":1439.9,"endTime":1444.94,"body":"might just not scale in time. To"},{"speaker":"Sebastian Heitmann","startTime":1439.9,"endTime":1444.94,"body":"really save us."},{"speaker":"Tim Montague","startTime":1445.09,"endTime":1448.72,"body":"I have a question"},{"speaker":"Tim Montague","startTime":1445.09,"endTime":1448.72,"body":"about this, because about about,"},{"speaker":"Tim Montague","startTime":1449.3500000000001,"endTime":1454.45,"body":"about markets. Think of a"},{"speaker":"Tim Montague","startTime":1449.3500000000001,"endTime":1454.45,"body":"national highway system. The"},{"speaker":"Tim Montague","startTime":1454.45,"endTime":1458.3500000000001,"body":"United States actually, in the"},{"speaker":"Tim Montague","startTime":1454.45,"endTime":1458.3500000000001,"body":"process of World War Two"},{"speaker":"Tim Montague","startTime":1458.3500000000001,"endTime":1461.65,"body":"realized the importance of a"},{"speaker":"Tim Montague","startTime":1458.3500000000001,"endTime":1461.65,"body":"national highway system from a"},{"speaker":"Tim Montague","startTime":1461.65,"endTime":1466.18,"body":"strategic and national security"},{"speaker":"Tim Montague","startTime":1461.65,"endTime":1466.18,"body":"perspective. And then they set"},{"speaker":"Tim Montague","startTime":1466.18,"endTime":1470.2,"body":"out they set out to build one"},{"speaker":"Tim Montague","startTime":1466.18,"endTime":1470.2,"body":"but this was something that"},{"speaker":"Tim Montague","startTime":1470.38,"endTime":1473.8600000000001,"body":"private companies were not going"},{"speaker":"Tim Montague","startTime":1470.38,"endTime":1473.8600000000001,"body":"to spearhead it was something"},{"speaker":"Tim Montague","startTime":1473.8600000000001,"endTime":1476.98,"body":"that a government had to"},{"speaker":"Tim Montague","startTime":1473.8600000000001,"endTime":1476.98,"body":"spearhead. So what is that"},{"speaker":"Tim Montague","startTime":1476.98,"endTime":1483.25,"body":"balance between that grand"},{"speaker":"Tim Montague","startTime":1476.98,"endTime":1483.25,"body":"vision and taking risk,"},{"speaker":"Tim Montague","startTime":1483.31,"endTime":1488.08,"body":"financial risk and putting"},{"speaker":"Tim Montague","startTime":1483.31,"endTime":1488.08,"body":"resources behind initiatives"},{"speaker":"Tim Montague","startTime":1488.26,"endTime":1492.16,"body":"that may not be profitable"},{"speaker":"Tim Montague","startTime":1488.26,"endTime":1492.16,"body":"today, but are going to be"},{"speaker":"Tim Montague","startTime":1492.16,"endTime":1496.81,"body":"hugely profitable, like our"},{"speaker":"Tim Montague","startTime":1492.16,"endTime":1496.81,"body":"economy exploded? After we built"},{"speaker":"Tim Montague","startTime":1496.81,"endTime":1499.66,"body":"this national highway system,"},{"speaker":"Tim Montague","startTime":1496.81,"endTime":1499.66,"body":"right? It turned out to be an"},{"speaker":"Tim Montague","startTime":1499.66,"endTime":1503.56,"body":"accelerant. It was kind of like"},{"speaker":"Tim Montague","startTime":1499.66,"endTime":1503.56,"body":"a physical internet of things,"},{"speaker":"Tim Montague","startTime":1503.56,"endTime":1508.72,"body":"right? That if we didn't have we"},{"speaker":"Tim Montague","startTime":1503.56,"endTime":1508.72,"body":"would not be able to have the"},{"speaker":"Tim Montague","startTime":1508.75,"endTime":1512.17,"body":"economy that we have today. How"},{"speaker":"Tim Montague","startTime":1508.75,"endTime":1512.17,"body":"do you see?"},{"speaker":"Sebastian Heitmann","startTime":1513.49,"endTime":1515.47,"body":"I'm from"},{"speaker":"Sebastian Heitmann","startTime":1513.49,"endTime":1515.47,"body":"Germany, the Autobahn is the"},{"speaker":"Sebastian Heitmann","startTime":1515.47,"endTime":1518.98,"body":"thing here. Right. So and I"},{"speaker":"Sebastian Heitmann","startTime":1515.47,"endTime":1518.98,"body":"think it did, I'm not sure it's"},{"speaker":"Sebastian Heitmann","startTime":1518.98,"endTime":1523.39,"body":"100% True, but the methods that"},{"speaker":"Sebastian Heitmann","startTime":1518.98,"endTime":1523.39,"body":"Hitler built him to have troops"},{"speaker":"Sebastian Heitmann","startTime":1523.39,"endTime":1525.64,"body":"moving faster to win the war."},{"speaker":"Tim Montague","startTime":1527.29,"endTime":1529.9,"body":"Yeah, I think we"},{"speaker":"Tim Montague","startTime":1527.29,"endTime":1529.9,"body":"did model our system on what we"},{"speaker":"Tim Montague","startTime":1529.9,"endTime":1533.89,"body":"experienced in Germany. Germany"},{"speaker":"Tim Montague","startTime":1529.9,"endTime":1533.89,"body":"was ahead of us in this regard."},{"speaker":"Tim Montague","startTime":1534.3700000000001,"endTime":1538.45,"body":"And we saw it as a strategic"},{"speaker":"Tim Montague","startTime":1534.3700000000001,"endTime":1538.45,"body":"disadvantage. And so we woke up"},{"speaker":"Tim Montague","startTime":1538.48,"endTime":1542.8600000000001,"body":"and, you know, you know, it's a"},{"speaker":"Tim Montague","startTime":1538.48,"endTime":1542.8600000000001,"body":"double edge. It's a double edge."},{"speaker":"Tim Montague","startTime":1542.89,"endTime":1546.22,"body":"Okay. Yeah, we don't have good"},{"speaker":"Tim Montague","startTime":1542.89,"endTime":1546.22,"body":"we don't have good mass transit"},{"speaker":"Tim Montague","startTime":1546.22,"endTime":1549.3700000000001,"body":"in the United States. We have"},{"speaker":"Tim Montague","startTime":1546.22,"endTime":1549.3700000000001,"body":"great, a great highway system,"},{"speaker":"Tim Montague","startTime":1549.58,"endTime":1553.0,"body":"and a car friendly culture,"},{"speaker":"Tim Montague","startTime":1549.58,"endTime":1553.0,"body":"which is great for burning"},{"speaker":"Tim Montague","startTime":1553.0,"endTime":1556.42,"body":"fossil fuels, unfortunately. So"},{"speaker":"Tim Montague","startTime":1553.0,"endTime":1556.42,"body":"it is double edge."},{"speaker":"Sebastian Heitmann","startTime":1557.3500000000001,"endTime":1561.01,"body":"Yeah, it's a"},{"speaker":"Sebastian Heitmann","startTime":1557.3500000000001,"endTime":1561.01,"body":"double edge. Yeah. Now, the what"},{"speaker":"Sebastian Heitmann","startTime":1561.01,"endTime":1563.05,"body":"you asked me, What's the"},{"speaker":"Sebastian Heitmann","startTime":1561.01,"endTime":1563.05,"body":"political regulation question?"},{"speaker":"Sebastian Heitmann","startTime":1563.05,"endTime":1565.51,"body":"Of course, I mean, in the energy"},{"speaker":"Sebastian Heitmann","startTime":1563.05,"endTime":1565.51,"body":"market, it's a highly political,"},{"speaker":"Sebastian Heitmann","startTime":1565.54,"endTime":1569.47,"body":"political thing. I mean,"},{"speaker":"Sebastian Heitmann","startTime":1565.54,"endTime":1569.47,"body":"majority of the world, the wars"},{"speaker":"Sebastian Heitmann","startTime":1569.47,"endTime":1572.38,"body":"around the world are about"},{"speaker":"Sebastian Heitmann","startTime":1569.47,"endTime":1572.38,"body":"resources and resources mean"},{"speaker":"Sebastian Heitmann","startTime":1572.38,"endTime":1577.69,"body":"power and access and political"},{"speaker":"Sebastian Heitmann","startTime":1572.38,"endTime":1577.69,"body":"powers? Well, clearly, I mean,"},{"speaker":"Sebastian Heitmann","startTime":1578.44,"endTime":1585.13,"body":"there's good reasons why we have"},{"speaker":"Sebastian Heitmann","startTime":1578.44,"endTime":1585.13,"body":"previously been in conflict with"},{"speaker":"Sebastian Heitmann","startTime":1585.13,"endTime":1588.34,"body":"our Petro states. And also the"},{"speaker":"Sebastian Heitmann","startTime":1585.13,"endTime":1588.34,"body":"conflict with Russia and I was"},{"speaker":"Sebastian Heitmann","startTime":1588.34,"endTime":1594.46,"body":"also a lot about resources. So"},{"speaker":"Sebastian Heitmann","startTime":1588.34,"endTime":1594.46,"body":"they always play a role. very"},{"speaker":"Sebastian Heitmann","startTime":1594.46,"endTime":1597.76,"body":"decisive role I would even say,"},{"speaker":"Sebastian Heitmann","startTime":1594.46,"endTime":1597.76,"body":"so of course, therefore, it's a"},{"speaker":"Sebastian Heitmann","startTime":1597.76,"endTime":1601.93,"body":"political good. The X axis to"},{"speaker":"Sebastian Heitmann","startTime":1597.76,"endTime":1601.93,"body":"energy means access to economic"},{"speaker":"Sebastian Heitmann","startTime":1601.93,"endTime":1605.68,"body":"growth. Now, and that"},{"speaker":"Sebastian Heitmann","startTime":1601.93,"endTime":1605.68,"body":"essentially also transformed"},{"speaker":"Sebastian Heitmann","startTime":1605.68,"endTime":1608.98,"body":"into political power. So it's"},{"speaker":"Sebastian Heitmann","startTime":1605.68,"endTime":1608.98,"body":"always a political game. But in"},{"speaker":"Sebastian Heitmann","startTime":1608.98,"endTime":1614.32,"body":"terms of innovation in that"},{"speaker":"Sebastian Heitmann","startTime":1608.98,"endTime":1614.32,"body":"space, I mean, there, it's not I"},{"speaker":"Sebastian Heitmann","startTime":1614.32,"endTime":1615.94,"body":"mean, depends on where you are"},{"speaker":"Sebastian Heitmann","startTime":1614.32,"endTime":1615.94,"body":"in some states is very"},{"speaker":"Sebastian Heitmann","startTime":1615.94,"endTime":1621.3700000000001,"body":"regulated, and others less, but"},{"speaker":"Sebastian Heitmann","startTime":1615.94,"endTime":1621.3700000000001,"body":"typically always is a, obviously"},{"speaker":"Sebastian Heitmann","startTime":1621.3700000000001,"endTime":1624.31,"body":"an open the year for for"},{"speaker":"Sebastian Heitmann","startTime":1621.3700000000001,"endTime":1624.31,"body":"economically viable innovation."},{"speaker":"Sebastian Heitmann","startTime":1624.34,"endTime":1627.04,"body":"This is really what we thrive"},{"speaker":"Sebastian Heitmann","startTime":1624.34,"endTime":1627.04,"body":"on. We don't believe in"},{"speaker":"Sebastian Heitmann","startTime":1627.04,"endTime":1630.28,"body":"innovation for being just there"},{"speaker":"Sebastian Heitmann","startTime":1627.04,"endTime":1630.28,"body":"for certain political goals."},{"speaker":"Sebastian Heitmann","startTime":1630.7,"endTime":1634.51,"body":"They also need to really sort of"},{"speaker":"Sebastian Heitmann","startTime":1630.7,"endTime":1634.51,"body":"solve economic goals and make it"},{"speaker":"Sebastian Heitmann","startTime":1634.99,"endTime":1639.13,"body":"more accessible, more"},{"speaker":"Sebastian Heitmann","startTime":1634.99,"endTime":1639.13,"body":"affordable, more just, I mean,"},{"speaker":"Sebastian Heitmann","startTime":1639.16,"endTime":1642.22,"body":"many different properties that"},{"speaker":"Sebastian Heitmann","startTime":1639.16,"endTime":1642.22,"body":"it can take. But that's the"},{"speaker":"Sebastian Heitmann","startTime":1642.25,"endTime":1644.68,"body":"under that as always, and"},{"speaker":"Sebastian Heitmann","startTime":1642.25,"endTime":1644.68,"body":"there's always space for that,"},{"speaker":"Sebastian Heitmann","startTime":1644.77,"endTime":1647.53,"body":"as well. So we don't worried"},{"speaker":"Sebastian Heitmann","startTime":1644.77,"endTime":1647.53,"body":"about regulation, killing"},{"speaker":"Sebastian Heitmann","startTime":1647.53,"endTime":1651.01,"body":"innovation in the space so much."},{"speaker":"Sebastian Heitmann","startTime":1647.53,"endTime":1651.01,"body":"However, maybe we see the other"},{"speaker":"Sebastian Heitmann","startTime":1651.01,"endTime":1653.8,"body":"way around. Sometimes we see"},{"speaker":"Sebastian Heitmann","startTime":1651.01,"endTime":1653.8,"body":"that innovation and sometimes"},{"speaker":"Sebastian Heitmann","startTime":1654.04,"endTime":1656.92,"body":"different interests. I mean,"},{"speaker":"Sebastian Heitmann","startTime":1654.04,"endTime":1656.92,"body":"there was a lobby that wants to"},{"speaker":"Sebastian Heitmann","startTime":1656.92,"endTime":1659.95,"body":"continue to use fossil because"},{"speaker":"Sebastian Heitmann","startTime":1656.92,"endTime":1659.95,"body":"they're currently thriving on it"},{"speaker":"Sebastian Heitmann","startTime":1659.95,"endTime":1664.48,"body":"economically. There's a lot of"},{"speaker":"Sebastian Heitmann","startTime":1659.95,"endTime":1664.48,"body":"fossil fuel subsidies, which are"},{"speaker":"Sebastian Heitmann","startTime":1664.84,"endTime":1667.99,"body":"politically understandable but"},{"speaker":"Sebastian Heitmann","startTime":1664.84,"endTime":1667.99,"body":"environment for for local"},{"speaker":"Sebastian Heitmann","startTime":1667.99,"endTime":1673.15,"body":"community, because jobs depend"},{"speaker":"Sebastian Heitmann","startTime":1667.99,"endTime":1673.15,"body":"on it. And us a lot. So you will"},{"speaker":"Sebastian Heitmann","startTime":1673.15,"endTime":1677.89,"body":"understand why certain"},{"speaker":"Sebastian Heitmann","startTime":1673.15,"endTime":1677.89,"body":"politicians in Dakota support"},{"speaker":"Sebastian Heitmann","startTime":1678.13,"endTime":1681.46,"body":"bracketing because a lot of jobs"},{"speaker":"Sebastian Heitmann","startTime":1678.13,"endTime":1681.46,"body":"depend on this in this area. But"},{"speaker":"Sebastian Heitmann","startTime":1681.46,"endTime":1685.45,"body":"it's, of course, it can"},{"speaker":"Sebastian Heitmann","startTime":1681.46,"endTime":1685.45,"body":"ecologically might not be"},{"speaker":"Sebastian Heitmann","startTime":1685.45,"endTime":1688.66,"body":"desirable. Also, I mean, I"},{"speaker":"Sebastian Heitmann","startTime":1685.45,"endTime":1688.66,"body":"actually think us also had to"},{"speaker":"Sebastian Heitmann","startTime":1688.66,"endTime":1691.18,"body":"learn this, by the way, I mean,"},{"speaker":"Sebastian Heitmann","startTime":1688.66,"endTime":1691.18,"body":"this thought didn't come so"},{"speaker":"Sebastian Heitmann","startTime":1691.18,"endTime":1694.0,"body":"natural, right for us. I think"},{"speaker":"Sebastian Heitmann","startTime":1691.18,"endTime":1694.0,"body":"we mentioned that we talked"},{"speaker":"Sebastian Heitmann","startTime":1694.0,"endTime":1698.68,"body":"before that this came pretty"},{"speaker":"Sebastian Heitmann","startTime":1694.0,"endTime":1698.68,"body":"much after after 911 Write us"},{"speaker":"Sebastian Heitmann","startTime":1698.68,"endTime":1701.8,"body":"realize that we cannot be"},{"speaker":"Sebastian Heitmann","startTime":1698.68,"endTime":1701.8,"body":"dependent on people that"},{"speaker":"Sebastian Heitmann","startTime":1701.83,"endTime":1705.82,"body":"potentially attack us. And"},{"speaker":"Sebastian Heitmann","startTime":1701.83,"endTime":1705.82,"body":"therefore we need to become"},{"speaker":"Sebastian Heitmann","startTime":1705.8500000000001,"endTime":1709.03,"body":"energy independent and do"},{"speaker":"Sebastian Heitmann","startTime":1705.8500000000001,"endTime":1709.03,"body":"whatever it takes for it. I"},{"speaker":"Sebastian Heitmann","startTime":1709.03,"endTime":1711.43,"body":"think it's a bit of an attitude"},{"speaker":"Sebastian Heitmann","startTime":1709.03,"endTime":1711.43,"body":"that sometimes misses here in"},{"speaker":"Sebastian Heitmann","startTime":1711.43,"endTime":1715.24,"body":"Europe at the stupid whatever it"},{"speaker":"Sebastian Heitmann","startTime":1711.43,"endTime":1715.24,"body":"takes. We like to then outsource"},{"speaker":"Sebastian Heitmann","startTime":1715.24,"endTime":1718.99,"body":"it to the Americans or to other"},{"speaker":"Sebastian Heitmann","startTime":1715.24,"endTime":1718.99,"body":"countries and think that they"},{"speaker":"Sebastian Heitmann","startTime":1718.99,"endTime":1722.23,"body":"will, they will solve our"},{"speaker":"Sebastian Heitmann","startTime":1718.99,"endTime":1722.23,"body":"problems for us, instead of"},{"speaker":"Sebastian Heitmann","startTime":1722.23,"endTime":1726.25,"body":"solving because we mean there's"},{"speaker":"Sebastian Heitmann","startTime":1722.23,"endTime":1726.25,"body":"nothing that speaks I mean a"},{"speaker":"Sebastian Heitmann","startTime":1726.25,"endTime":1731.26,"body":"lot. By far don't get me wrong."},{"speaker":"Sebastian Heitmann","startTime":1726.25,"endTime":1731.26,"body":"I'm not it's not for fracking,"},{"speaker":"Sebastian Heitmann","startTime":1731.56,"endTime":1733.63,"body":"but there's also nothing"},{"speaker":"Sebastian Heitmann","startTime":1731.56,"endTime":1733.63,"body":"stopping us from doing fracking"},{"speaker":"Sebastian Heitmann","startTime":1733.63,"endTime":1737.08,"body":"Europe other than it's"},{"speaker":"Sebastian Heitmann","startTime":1733.63,"endTime":1737.08,"body":"politically not wanted, but we"},{"speaker":"Sebastian Heitmann","startTime":1737.08,"endTime":1738.52,"body":"probably have shale shale gas"},{"speaker":"Tim Montague","startTime":1738.47,"endTime":1740.75,"body":"for sure. The"},{"speaker":"Tim Montague","startTime":1738.47,"endTime":1740.75,"body":"Clean Power Hour is brought to"},{"speaker":"Tim Montague","startTime":1740.75,"endTime":1744.44,"body":"you by CPS America. The maker of"},{"speaker":"Tim Montague","startTime":1740.75,"endTime":1744.44,"body":"North America's number one three"},{"speaker":"Tim Montague","startTime":1744.44,"endTime":1747.68,"body":"phase string inverter with over"},{"speaker":"Tim Montague","startTime":1744.44,"endTime":1747.68,"body":"six gigawatts shipped in the US."},{"speaker":"Tim Montague","startTime":1747.8,"endTime":1750.92,"body":"The CPS America product lineup"},{"speaker":"Tim Montague","startTime":1747.8,"endTime":1750.92,"body":"includes three phase string"},{"speaker":"Tim Montague","startTime":1750.92,"endTime":1756.26,"body":"inverters ranging from 25 to 275"},{"speaker":"Tim Montague","startTime":1750.92,"endTime":1756.26,"body":"kW, their flagship inverter, the"},{"speaker":"Tim Montague","startTime":1756.26,"endTime":1760.64,"body":"CPS 250 to 75 is designed to"},{"speaker":"Tim Montague","startTime":1756.26,"endTime":1760.64,"body":"work with solar plants ranging"},{"speaker":"Tim Montague","startTime":1760.64,"endTime":1765.17,"body":"from two megawatts to two"},{"speaker":"Tim Montague","startTime":1760.64,"endTime":1765.17,"body":"gigawatts, the 250 to 75. pairs"},{"speaker":"Tim Montague","startTime":1765.17,"endTime":1768.8600000000001,"body":"well, with CPS America's"},{"speaker":"Tim Montague","startTime":1765.17,"endTime":1768.8600000000001,"body":"exceptional data communication"},{"speaker":"Tim Montague","startTime":1769.01,"endTime":1772.19,"body":"controls and energy storage"},{"speaker":"Tim Montague","startTime":1769.01,"endTime":1772.19,"body":"solutions, go to"},{"speaker":"Tim Montague","startTime":1772.22,"endTime":1776.48,"body":"chintpowersystems.com To find"},{"speaker":"Tim Montague","startTime":1772.22,"endTime":1776.48,"body":"out more. So let's talk about"},{"speaker":"Tim Montague","startTime":1776.48,"endTime":1779.81,"body":"some specific technologies that"},{"speaker":"Tim Montague","startTime":1776.48,"endTime":1779.81,"body":"you're interested in and"},{"speaker":"Tim Montague","startTime":1779.81,"endTime":1785.24,"body":"investing in and think are going"},{"speaker":"Tim Montague","startTime":1779.81,"endTime":1785.24,"body":"to, you know, meet some of your"},{"speaker":"Tim Montague","startTime":1785.24,"endTime":1792.83,"body":"goals of of 100 Mega tonnes per"},{"speaker":"Tim Montague","startTime":1785.24,"endTime":1792.83,"body":"annum? What's your short list of"},{"speaker":"Tim Montague","startTime":1792.83,"endTime":1796.49,"body":"things that you're excited"},{"speaker":"Tim Montague","startTime":1792.83,"endTime":1796.49,"body":"about? That expansion is"},{"speaker":"Tim Montague","startTime":1796.49,"endTime":1797.21,"body":"involved in?"},{"speaker":"Sebastian Heitmann","startTime":1798.6100000000001,"endTime":1799.72,"body":"I think"},{"speaker":"Sebastian Heitmann","startTime":1798.6100000000001,"endTime":1799.72,"body":"anything that's transitioned"},{"speaker":"Sebastian Heitmann","startTime":1799.84,"endTime":1804.04,"body":"from hydrocarbons is"},{"speaker":"Sebastian Heitmann","startTime":1799.84,"endTime":1804.04,"body":"interesting. So can we"},{"speaker":"Sebastian Heitmann","startTime":1804.07,"endTime":1806.92,"body":"hydrocarbon transition"},{"speaker":"Sebastian Heitmann","startTime":1804.07,"endTime":1806.92,"body":"technologies are super"},{"speaker":"Sebastian Heitmann","startTime":1806.92,"endTime":1809.77,"body":"interesting. We start maybe"},{"speaker":"Sebastian Heitmann","startTime":1806.92,"endTime":1809.77,"body":"let's start with the with the"},{"speaker":"Sebastian Heitmann","startTime":1809.8,"endTime":1814.57,"body":"actual source of energy. Like if"},{"speaker":"Sebastian Heitmann","startTime":1809.8,"endTime":1814.57,"body":"there is not that many. When we"},{"speaker":"Sebastian Heitmann","startTime":1814.57,"endTime":1818.53,"body":"look at what today available for"},{"speaker":"Sebastian Heitmann","startTime":1814.57,"endTime":1818.53,"body":"sources, we've got all the let's"},{"speaker":"Sebastian Heitmann","startTime":1818.53,"endTime":1822.76,"body":"call it the finite resources,"},{"speaker":"Sebastian Heitmann","startTime":1818.53,"endTime":1822.76,"body":"which are for sales and also"},{"speaker":"Sebastian Heitmann","startTime":1822.76,"endTime":1826.63,"body":"uranium is a finite resource the"},{"speaker":"Sebastian Heitmann","startTime":1822.76,"endTime":1826.63,"body":"other day, and we got the"},{"speaker":"Sebastian Heitmann","startTime":1827.65,"endTime":1831.8500000000001,"body":"renewable resources, which are"},{"speaker":"Sebastian Heitmann","startTime":1827.65,"endTime":1831.8500000000001,"body":"by nature, they're not finite,"},{"speaker":"Sebastian Heitmann","startTime":1832.63,"endTime":1836.59,"body":"which would be of course, wind"},{"speaker":"Sebastian Heitmann","startTime":1832.63,"endTime":1836.59,"body":"and solar and geothermal and"},{"speaker":"Sebastian Heitmann","startTime":1836.59,"endTime":1843.67,"body":"biomass and hydro. Mostly, those"},{"speaker":"Sebastian Heitmann","startTime":1836.59,"endTime":1843.67,"body":"are some maybe some old tech or"},{"speaker":"Sebastian Heitmann","startTime":1843.67,"endTime":1851.74,"body":"some some wave or like the title"},{"speaker":"Sebastian Heitmann","startTime":1843.67,"endTime":1851.74,"body":"reactors, and that direction is"},{"speaker":"Sebastian Heitmann","startTime":1851.74,"endTime":1856.57,"body":"a few technologies in the space,"},{"speaker":"Sebastian Heitmann","startTime":1851.74,"endTime":1856.57,"body":"which we saw, that's the general"},{"speaker":"Sebastian Heitmann","startTime":1856.57,"endTime":1859.78,"body":"categorization, we would always"},{"speaker":"Sebastian Heitmann","startTime":1856.57,"endTime":1859.78,"body":"be most interested in the"},{"speaker":"Sebastian Heitmann","startTime":1859.78,"endTime":1863.08,"body":"renewable sector, and then look"},{"speaker":"Sebastian Heitmann","startTime":1859.78,"endTime":1863.08,"body":"at the intermittency of these"},{"speaker":"Sebastian Heitmann","startTime":1863.08,"endTime":1865.8700000000001,"body":"resources, which ones can"},{"speaker":"Sebastian Heitmann","startTime":1863.08,"endTime":1865.8700000000001,"body":"actually really transition us."},{"speaker":"Sebastian Heitmann","startTime":1867.04,"endTime":1870.94,"body":"Because in order to transition"},{"speaker":"Sebastian Heitmann","startTime":1867.04,"endTime":1870.94,"body":"us, they need to be fairly like,"},{"speaker":"Sebastian Heitmann","startTime":1871.33,"endTime":1875.41,"body":"like comparison to what we have"},{"speaker":"Sebastian Heitmann","startTime":1871.33,"endTime":1875.41,"body":"today. And fossil fuels are from"},{"speaker":"Sebastian Heitmann","startTime":1875.41,"endTime":1880.06,"body":"a pure pure quality perspective."},{"speaker":"Sebastian Heitmann","startTime":1875.41,"endTime":1880.06,"body":"Actually beautiful resources,"},{"speaker":"Sebastian Heitmann","startTime":1880.06,"endTime":1884.47,"body":"you know, they're easy to"},{"speaker":"Sebastian Heitmann","startTime":1880.06,"endTime":1884.47,"body":"transport they're highly energy"},{"speaker":"Sebastian Heitmann","startTime":1884.47,"endTime":1887.95,"body":"dense, they're safe, they're"},{"speaker":"Sebastian Heitmann","startTime":1884.47,"endTime":1887.95,"body":"affordable. They're there's a"},{"speaker":"Sebastian Heitmann","startTime":1887.95,"endTime":1890.2,"body":"giant interesting behind it. Now"},{"speaker":"Sebastian Heitmann","startTime":1887.95,"endTime":1890.2,"body":"though, they have a lot of good"},{"speaker":"Sebastian Heitmann","startTime":1890.2,"endTime":1894.6100000000001,"body":"properties, you can you could do"},{"speaker":"Sebastian Heitmann","startTime":1890.2,"endTime":1894.6100000000001,"body":"so called dispatchable. You can"},{"speaker":"Sebastian Heitmann","startTime":1894.64,"endTime":1896.92,"body":"easily switch them on and off"},{"speaker":"Sebastian Heitmann","startTime":1894.64,"endTime":1896.92,"body":"when you need them and when you"},{"speaker":"Sebastian Heitmann","startTime":1896.92,"endTime":1899.95,"body":"don't need them and they storage"},{"speaker":"Sebastian Heitmann","startTime":1896.92,"endTime":1899.95,"body":"themselves quite nicely. Unlike"},{"speaker":"Sebastian Heitmann","startTime":1899.98,"endTime":1902.05,"body":"a lot of the renewables which"},{"speaker":"Sebastian Heitmann","startTime":1899.98,"endTime":1902.05,"body":"are so called intermittent"},{"speaker":"Sebastian Heitmann","startTime":1902.05,"endTime":1905.65,"body":"resources. Which, if there's no"},{"speaker":"Sebastian Heitmann","startTime":1902.05,"endTime":1905.65,"body":"I mean, at night, obviously"},{"speaker":"Sebastian Heitmann","startTime":1905.65,"endTime":1909.64,"body":"there's no solar energy. Right."},{"speaker":"Sebastian Heitmann","startTime":1905.65,"endTime":1909.64,"body":"So that's, uh Oh,"},{"speaker":"Tim Montague","startTime":1909.64,"endTime":1911.89,"body":"hold on a second"},{"speaker":"Tim Montague","startTime":1909.64,"endTime":1911.89,"body":"there are only affordable right?"},{"speaker":"Tim Montague","startTime":1911.89,"endTime":1916.27,"body":"Because the the free dump in the"},{"speaker":"Tim Montague","startTime":1911.89,"endTime":1916.27,"body":"sky right lake there. There's"},{"speaker":"Tim Montague","startTime":1916.27,"endTime":1922.6000000000001,"body":"virtually. I mean, yes, we have"},{"speaker":"Tim Montague","startTime":1916.27,"endTime":1922.6000000000001,"body":"now some clean air regulations"},{"speaker":"Tim Montague","startTime":1922.6000000000001,"endTime":1928.18,"body":"and we're we're stepping back"},{"speaker":"Tim Montague","startTime":1922.6000000000001,"endTime":1928.18,"body":"from the totally free sky okay."},{"speaker":"Tim Montague","startTime":1928.51,"endTime":1934.72,"body":"But still it is very it is very"},{"speaker":"Tim Montague","startTime":1928.51,"endTime":1934.72,"body":"affordable to dump carbon into"},{"speaker":"Tim Montague","startTime":1934.72,"endTime":1939.55,"body":"the sky. It's not about it's"},{"speaker":"Tim Montague","startTime":1934.72,"endTime":1939.55,"body":"it's very strange that you can"},{"speaker":"Tim Montague","startTime":1939.55,"endTime":1943.51,"body":"look up and you don't see a"},{"speaker":"Tim Montague","startTime":1939.55,"endTime":1943.51,"body":"garbage dump it still looks like"},{"speaker":"Tim Montague","startTime":1943.54,"endTime":1947.65,"body":"everything is fine, right? We"},{"speaker":"Tim Montague","startTime":1943.54,"endTime":1947.65,"body":"see the blue sky. But now when"},{"speaker":"Tim Montague","startTime":1947.65,"endTime":1952.72,"body":"you go to a major city, you"},{"speaker":"Tim Montague","startTime":1947.65,"endTime":1952.72,"body":"know, in China or India, you you"},{"speaker":"Tim Montague","startTime":1952.72,"endTime":1957.31,"body":"see the price, right? We are"},{"speaker":"Tim Montague","startTime":1952.72,"endTime":1957.31,"body":"paying a health price we humans,"},{"speaker":"Tim Montague","startTime":1957.91,"endTime":1961.45,"body":"you know, 6 million or more"},{"speaker":"Tim Montague","startTime":1957.91,"endTime":1961.45,"body":"humans are dying from air"},{"speaker":"Tim Montague","startTime":1961.45,"endTime":1966.3700000000001,"body":"pollution a year. But But"},{"speaker":"Tim Montague","startTime":1961.45,"endTime":1966.3700000000001,"body":"specifically, Could you could"},{"speaker":"Tim Montague","startTime":1966.3700000000001,"endTime":1969.55,"body":"you give some examples? I mean,"},{"speaker":"Tim Montague","startTime":1966.3700000000001,"endTime":1969.55,"body":"let's let's let's get into some"},{"speaker":"Tim Montague","startTime":1969.55,"endTime":1973.24,"body":"of the technologies that you're"},{"speaker":"Tim Montague","startTime":1969.55,"endTime":1973.24,"body":"excited about. I you know, your"},{"speaker":"Tim Montague","startTime":1973.24,"endTime":1976.15,"body":"interview with Nate Huggins woke"},{"speaker":"Tim Montague","startTime":1973.24,"endTime":1976.15,"body":"me up to the possibilities of"},{"speaker":"Tim Montague","startTime":1976.15,"endTime":1979.78,"body":"deep Geo, I don't know in the"},{"speaker":"Tim Montague","startTime":1976.15,"endTime":1979.78,"body":"relative scheme of things, how"},{"speaker":"Tim Montague","startTime":1979.78,"endTime":1983.77,"body":"important deep geothermal is to"},{"speaker":"Tim Montague","startTime":1979.78,"endTime":1983.77,"body":"you. But are there other"},{"speaker":"Tim Montague","startTime":1983.77,"endTime":1988.03,"body":"technologies that that are"},{"speaker":"Tim Montague","startTime":1983.77,"endTime":1988.03,"body":"decarbonizing all of the sectors"},{"speaker":"Tim Montague","startTime":1988.03,"endTime":1989.98,"body":"that you're more excited about"},{"speaker":"Tim Montague","startTime":1988.03,"endTime":1989.98,"body":"than deep? Geo?"},{"speaker":"Sebastian Heitmann","startTime":1990.01,"endTime":1992.8600000000001,"body":"No, no,"},{"speaker":"Sebastian Heitmann","startTime":1990.01,"endTime":1992.8600000000001,"body":"absolutely not do deep do is the"},{"speaker":"Sebastian Heitmann","startTime":1992.8600000000001,"endTime":1995.56,"body":"holy grail? Yeah, it really is"},{"speaker":"Sebastian Heitmann","startTime":1992.8600000000001,"endTime":1995.56,"body":"the holy grail of energy. That"},{"speaker":"Sebastian Heitmann","startTime":1995.56,"endTime":1998.5,"body":"is the most fascinating"},{"speaker":"Sebastian Heitmann","startTime":1995.56,"endTime":1998.5,"body":"resource, we have an enormous"},{"speaker":"Sebastian Heitmann","startTime":1998.5,"endTime":2001.05,"body":"amount of energy trapped below"},{"speaker":"Sebastian Heitmann","startTime":1998.5,"endTime":2001.05,"body":"our feet, right? Enormous. We"},{"speaker":"Sebastian Heitmann","startTime":2001.05,"endTime":2003.84,"body":"seem to paint the picture where"},{"speaker":"Sebastian Heitmann","startTime":2001.05,"endTime":2003.84,"body":"everything stands in the in the"},{"speaker":"Sebastian Heitmann","startTime":2003.84,"endTime":2006.72,"body":"mix of energies, but what what"},{"speaker":"Sebastian Heitmann","startTime":2003.84,"endTime":2006.72,"body":"what are good energies in modern"},{"speaker":"Sebastian Heitmann","startTime":2006.72,"endTime":2010.95,"body":"art and the the problem with the"},{"speaker":"Sebastian Heitmann","startTime":2006.72,"endTime":2010.95,"body":"intermittent renewables, is that"},{"speaker":"Sebastian Heitmann","startTime":2010.95,"endTime":2014.6100000000001,"body":"actually not an energy"},{"speaker":"Sebastian Heitmann","startTime":2010.95,"endTime":2014.6100000000001,"body":"transition. During addition, we"},{"speaker":"Sebastian Heitmann","startTime":2014.6100000000001,"endTime":2017.16,"body":"are consuming more energy that"},{"speaker":"Sebastian Heitmann","startTime":2014.6100000000001,"endTime":2017.16,"body":"we need to build out. But we're"},{"speaker":"Sebastian Heitmann","startTime":2017.16,"endTime":2019.44,"body":"not transitioning, you're not"},{"speaker":"Sebastian Heitmann","startTime":2017.16,"endTime":2019.44,"body":"really shutting down a coal"},{"speaker":"Sebastian Heitmann","startTime":2019.44,"endTime":2022.17,"body":"fired power plant because you"},{"speaker":"Sebastian Heitmann","startTime":2019.44,"endTime":2022.17,"body":"build a solar park next to it."},{"speaker":"Sebastian Heitmann","startTime":2022.2,"endTime":2024.78,"body":"That's just not electrolyte"},{"speaker":"Sebastian Heitmann","startTime":2022.2,"endTime":2024.78,"body":"comparison, that we need to look"},{"speaker":"Sebastian Heitmann","startTime":2024.78,"endTime":2026.91,"body":"for the light like comparison,"},{"speaker":"Sebastian Heitmann","startTime":2024.78,"endTime":2026.91,"body":"geothermal is a great answer for"},{"speaker":"Sebastian Heitmann","startTime":2026.91,"endTime":2031.44,"body":"that, right? A really great one,"},{"speaker":"Sebastian Heitmann","startTime":2026.91,"endTime":2031.44,"body":"because it possesses all and"},{"speaker":"Sebastian Heitmann","startTime":2031.44,"endTime":2034.71,"body":"more qualities and processes to"},{"speaker":"Sebastian Heitmann","startTime":2031.44,"endTime":2034.71,"body":"today. Now, all at the same"},{"speaker":"Sebastian Heitmann","startTime":2034.71,"endTime":2037.17,"body":"quality. There's really no"},{"speaker":"Sebastian Heitmann","startTime":2034.71,"endTime":2037.17,"body":"downside to using geothermal."},{"speaker":"Sebastian Heitmann","startTime":2037.53,"endTime":2042.21,"body":"You can really say I can"},{"speaker":"Sebastian Heitmann","startTime":2037.53,"endTime":2042.21,"body":"absolutely which off my a coal"},{"speaker":"Sebastian Heitmann","startTime":2042.21,"endTime":2045.1200000000001,"body":"plant and put a geothermal plant"},{"speaker":"Sebastian Heitmann","startTime":2042.21,"endTime":2045.1200000000001,"body":"next to it and it will be the"},{"speaker":"Sebastian Heitmann","startTime":2045.1200000000001,"endTime":2047.58,"body":"same thing. Right? There's no"},{"speaker":"Sebastian Heitmann","startTime":2045.1200000000001,"endTime":2047.58,"body":"nothing extra."},{"speaker":"Tim Montague","startTime":2047.58,"endTime":2051.69,"body":"Why has Why is"},{"speaker":"Tim Montague","startTime":2047.58,"endTime":2051.69,"body":"deep geo languished. Obviously,"},{"speaker":"Tim Montague","startTime":2051.8399999999997,"endTime":2056.13,"body":"we know how to drill. But when"},{"speaker":"Tim Montague","startTime":2051.8399999999997,"endTime":2056.13,"body":"you're drilling through certain"},{"speaker":"Tim Montague","startTime":2056.13,"endTime":2059.58,"body":"types of rock that gets very"},{"speaker":"Tim Montague","startTime":2056.13,"endTime":2059.58,"body":"expensive and time consuming,"},{"speaker":"Tim Montague","startTime":2059.58,"endTime":2060.27,"body":"right? It's"},{"speaker":"Sebastian Heitmann","startTime":2061.5899999999997,"endTime":2064.65,"body":"expensive."},{"speaker":"Sebastian Heitmann","startTime":2061.5899999999997,"endTime":2064.65,"body":"Yeah. We know what to drill for"},{"speaker":"Sebastian Heitmann","startTime":2064.65,"endTime":2068.5499999999997,"body":"what for oil and gas 99% of"},{"speaker":"Sebastian Heitmann","startTime":2064.65,"endTime":2068.5499999999997,"body":"drilling today's for oil and"},{"speaker":"Sebastian Heitmann","startTime":2068.5499999999997,"endTime":2072.99,"body":"gas. And we have been very good"},{"speaker":"Sebastian Heitmann","startTime":2068.5499999999997,"endTime":2072.99,"body":"at mastering that. And"},{"speaker":"Sebastian Heitmann","startTime":2073.02,"endTime":2075.7799999999997,"body":"previously in Texas, you would"},{"speaker":"Sebastian Heitmann","startTime":2073.02,"endTime":2075.7799999999997,"body":"drill an oil well, like in the"},{"speaker":"Sebastian Heitmann","startTime":2075.7799999999997,"endTime":2078.48,"body":"1940s, or something would take"},{"speaker":"Sebastian Heitmann","startTime":2075.7799999999997,"endTime":2078.48,"body":"you like three months. And for"},{"speaker":"Sebastian Heitmann","startTime":2078.48,"endTime":2081.21,"body":"other people to do it today. You"},{"speaker":"Sebastian Heitmann","startTime":2078.48,"endTime":2081.21,"body":"do it in 10 days and for people."},{"speaker":"Sebastian Heitmann","startTime":2081.72,"endTime":2084.75,"body":"That's how we've mastered just"},{"speaker":"Sebastian Heitmann","startTime":2081.72,"endTime":2084.75,"body":"this technology of drilling over"},{"speaker":"Sebastian Heitmann","startTime":2084.75,"endTime":2089.13,"body":"the over the last century."},{"speaker":"Sebastian Heitmann","startTime":2084.75,"endTime":2089.13,"body":"Simply because very profitable"},{"speaker":"Sebastian Heitmann","startTime":2089.13,"endTime":2093.12,"body":"thing to do. But the drill deep"},{"speaker":"Sebastian Heitmann","startTime":2089.13,"endTime":2093.12,"body":"geothermal lies in hardrock"},{"speaker":"Sebastian Heitmann","startTime":2093.21,"endTime":2095.94,"body":"there's a different rock"},{"speaker":"Sebastian Heitmann","startTime":2093.21,"endTime":2095.94,"body":"formation. And the one thing you"},{"speaker":"Sebastian Heitmann","startTime":2095.94,"endTime":2099.18,"body":"do not find in hardrock is oil"},{"speaker":"Sebastian Heitmann","startTime":2095.94,"endTime":2099.18,"body":"or gas. And it was never"},{"speaker":"Sebastian Heitmann","startTime":2099.18,"endTime":2101.9700000000003,"body":"questioned. We never had to"},{"speaker":"Sebastian Heitmann","startTime":2099.18,"endTime":2101.9700000000003,"body":"invent any tools that were"},{"speaker":"Sebastian Heitmann","startTime":2101.9700000000003,"endTime":2106.05,"body":"required to drill into granite"},{"speaker":"Sebastian Heitmann","startTime":2101.9700000000003,"endTime":2106.05,"body":"or courtside formations, because"},{"speaker":"Sebastian Heitmann","startTime":2106.26,"endTime":2108.69,"body":"for sure, there was no other gas"},{"speaker":"Sebastian Heitmann","startTime":2106.26,"endTime":2108.69,"body":"to be found. We"},{"speaker":"Tim Montague","startTime":2108.69,"endTime":2112.8,"body":"had tunnels,"},{"speaker":"Tim Montague","startTime":2108.69,"endTime":2112.8,"body":"Norway, Norway, and Switzerland"},{"speaker":"Tim Montague","startTime":2112.8,"endTime":2116.25,"body":"are full of tunnels, right?"},{"speaker":"Tim Montague","startTime":2112.8,"endTime":2116.25,"body":"Isn't that a form of hard rock"},{"speaker":"Tim Montague","startTime":2116.25,"endTime":2116.7000000000003,"body":"drilling?"},{"speaker":"Sebastian Heitmann","startTime":2117.21,"endTime":2119.9100000000003,"body":"Did it is"},{"speaker":"Sebastian Heitmann","startTime":2117.21,"endTime":2119.9100000000003,"body":"depends on some tunnels are not"},{"speaker":"Sebastian Heitmann","startTime":2119.9100000000003,"endTime":2125.31,"body":"too many granite. Some are so we"},{"speaker":"Sebastian Heitmann","startTime":2119.9100000000003,"endTime":2125.31,"body":"can drill in Granite is tunnel"},{"speaker":"Sebastian Heitmann","startTime":2125.31,"endTime":2128.34,"body":"tunneling is possible. It's a"},{"speaker":"Sebastian Heitmann","startTime":2125.31,"endTime":2128.34,"body":"different story those well,"},{"speaker":"Sebastian Heitmann","startTime":2128.3700000000003,"endTime":2131.1600000000003,"body":"because tunneling is not under"},{"speaker":"Sebastian Heitmann","startTime":2128.3700000000003,"endTime":2131.1600000000003,"body":"heating under pressure or low"},{"speaker":"Sebastian Heitmann","startTime":2131.1600000000003,"endTime":2133.05,"body":"details, a lot of heat, a lot of"},{"speaker":"Sebastian Heitmann","startTime":2131.1600000000003,"endTime":2133.05,"body":"pressure. So it's a different"},{"speaker":"Sebastian Heitmann","startTime":2133.05,"endTime":2136.53,"body":"type of skill filling again"},{"speaker":"Sebastian Heitmann","startTime":2133.05,"endTime":2136.53,"body":"required. But yeah, tunneling is"},{"speaker":"Sebastian Heitmann","startTime":2136.56,"endTime":2140.58,"body":"a application as well, where we"},{"speaker":"Sebastian Heitmann","startTime":2136.56,"endTime":2140.58,"body":"drilled it's quite different"},{"speaker":"Sebastian Heitmann","startTime":2140.58,"endTime":2144.2400000000002,"body":"when tunnels are rarely very"},{"speaker":"Sebastian Heitmann","startTime":2140.58,"endTime":2144.2400000000002,"body":"deep. And those times we go"},{"speaker":"Sebastian Heitmann","startTime":2144.2400000000002,"endTime":2146.46,"body":"through actually granted, there"},{"speaker":"Sebastian Heitmann","startTime":2144.2400000000002,"endTime":2146.46,"body":"are some definitely in the"},{"speaker":"Sebastian Heitmann","startTime":2146.46,"endTime":2150.7500000000005,"body":"Rockies or helps us something"},{"speaker":"Sebastian Heitmann","startTime":2146.46,"endTime":2150.7500000000005,"body":"they definitely some. Yeah,"},{"speaker":"Sebastian Heitmann","startTime":2150.7500000000005,"endTime":2153.21,"body":"these are tough jobs for the"},{"speaker":"Sebastian Heitmann","startTime":2150.7500000000005,"endTime":2153.21,"body":"machines. And they take"},{"speaker":"Sebastian Heitmann","startTime":2153.21,"endTime":2155.4900000000002,"body":"significantly longer than"},{"speaker":"Sebastian Heitmann","startTime":2153.21,"endTime":2155.4900000000002,"body":"grilling through any other type"},{"speaker":"Sebastian Heitmann","startTime":2155.4900000000002,"endTime":2158.07,"body":"of softer rock formation. So"},{"speaker":"Sebastian Heitmann","startTime":2155.4900000000002,"endTime":2158.07,"body":"yeah,"},{"speaker":"Tim Montague","startTime":2158.1600000000003,"endTime":2160.3500000000004,"body":"so what's the"},{"speaker":"Tim Montague","startTime":2158.1600000000003,"endTime":2160.3500000000004,"body":"what's the braid? Drilling?"},{"speaker":"Tim Montague","startTime":2160.71,"endTime":2164.0400000000004,"body":"What's the breakthrough for deep"},{"speaker":"Tim Montague","startTime":2160.71,"endTime":2164.0400000000004,"body":"Jia that's going to unlock deep"},{"speaker":"Tim Montague","startTime":2164.0400000000004,"endTime":2167.9700000000003,"body":"to and define for us if you"},{"speaker":"Tim Montague","startTime":2164.0400000000004,"endTime":2167.9700000000003,"body":"would, what is? I mean, we have"},{"speaker":"Tim Montague","startTime":2167.9700000000003,"endTime":2172.9500000000003,"body":"geothermal power today. But what"},{"speaker":"Tim Montague","startTime":2167.9700000000003,"endTime":2172.9500000000003,"body":"how do you define deep to versus"},{"speaker":"Tim Montague","startTime":2172.9800000000005,"endTime":2174.0600000000004,"body":"the standard Geo?"},{"speaker":"Sebastian Heitmann","startTime":2174.7500000000005,"endTime":2176.67,"body":"Standard geo"},{"speaker":"Sebastian Heitmann","startTime":2174.7500000000005,"endTime":2176.67,"body":"is quite simple. I mean, it was"},{"speaker":"Sebastian Heitmann","startTime":2176.67,"endTime":2179.1000000000004,"body":"invented in 1904. By the"},{"speaker":"Sebastian Heitmann","startTime":2176.67,"endTime":2179.1000000000004,"body":"Italians, they were the first"},{"speaker":"Sebastian Heitmann","startTime":2179.1000000000004,"endTime":2183.1800000000003,"body":"ones drilling basically next"},{"speaker":"Sebastian Heitmann","startTime":2179.1000000000004,"endTime":2183.1800000000003,"body":"volcanoes and found that there's"},{"speaker":"Sebastian Heitmann","startTime":2183.1800000000003,"endTime":2186.7500000000005,"body":"heat and that they can utilize"},{"speaker":"Sebastian Heitmann","startTime":2183.1800000000003,"endTime":2186.7500000000005,"body":"that. And that's how where we"},{"speaker":"Sebastian Heitmann","startTime":2186.7500000000005,"endTime":2191.82,"body":"see do today as well. It's"},{"speaker":"Sebastian Heitmann","startTime":2186.7500000000005,"endTime":2191.82,"body":"pretty much available. Wherever"},{"speaker":"Sebastian Heitmann","startTime":2191.82,"endTime":2195.9300000000003,"body":"we have any type of tectonic"},{"speaker":"Sebastian Heitmann","startTime":2191.82,"endTime":2195.9300000000003,"body":"anomaly could be able to Canelo"},{"speaker":"Sebastian Heitmann","startTime":2195.9300000000003,"endTime":2198.4800000000005,"body":"could be a fault. I mean, a lot"},{"speaker":"Sebastian Heitmann","startTime":2195.9300000000003,"endTime":2198.4800000000005,"body":"of Americans actually don't"},{"speaker":"Sebastian Heitmann","startTime":2198.4800000000005,"endTime":2201.09,"body":"know. But the city of San"},{"speaker":"Sebastian Heitmann","startTime":2198.4800000000005,"endTime":2201.09,"body":"Francisco is largely geothermal"},{"speaker":"Sebastian Heitmann","startTime":2201.09,"endTime":2204.4800000000005,"body":"power. Large geothermal"},{"speaker":"Sebastian Heitmann","startTime":2201.09,"endTime":2204.4800000000005,"body":"operation just north of San"},{"speaker":"Sebastian Heitmann","startTime":2204.4800000000005,"endTime":2207.9,"body":"Francisco. And actually it's the"},{"speaker":"Sebastian Heitmann","startTime":2204.4800000000005,"endTime":2207.9,"body":"biggest geothermal power plant"},{"speaker":"Sebastian Heitmann","startTime":2207.9,"endTime":2211.32,"body":"in the world in the US US"},{"speaker":"Sebastian Heitmann","startTime":2207.9,"endTime":2211.32,"body":"utilizes geothermal to a certain"},{"speaker":"Sebastian Heitmann","startTime":2211.5000000000005,"endTime":2214.5000000000005,"body":"degree as well and more than any"},{"speaker":"Sebastian Heitmann","startTime":2211.5000000000005,"endTime":2214.5000000000005,"body":"other country in terms of"},{"speaker":"Sebastian Heitmann","startTime":2214.53,"endTime":2219.7500000000005,"body":"gigawatt output. But it's still"},{"speaker":"Sebastian Heitmann","startTime":2214.53,"endTime":2219.7500000000005,"body":"a it's a niche it's very small"},{"speaker":"Sebastian Heitmann","startTime":2219.7500000000005,"endTime":2222.09,"body":"part of the overall energy"},{"speaker":"Sebastian Heitmann","startTime":2219.7500000000005,"endTime":2222.09,"body":"production less than a percent"},{"speaker":"Sebastian Heitmann","startTime":2222.09,"endTime":2226.0800000000004,"body":"in the US today, though it's"},{"speaker":"Sebastian Heitmann","startTime":2222.09,"endTime":2226.0800000000004,"body":"despite its biggest sales. So"},{"speaker":"Sebastian Heitmann","startTime":2226.11,"endTime":2228.96,"body":"but that's because it's only"},{"speaker":"Sebastian Heitmann","startTime":2226.11,"endTime":2228.96,"body":"available very few areas now you"},{"speaker":"Sebastian Heitmann","startTime":2228.96,"endTime":2232.59,"body":"have to send address fall you"},{"speaker":"Sebastian Heitmann","startTime":2228.96,"endTime":2232.59,"body":"have Hawaii, you had an Hawaii"},{"speaker":"Sebastian Heitmann","startTime":2232.59,"endTime":2235.9500000000003,"body":"there's even some religious"},{"speaker":"Sebastian Heitmann","startTime":2232.59,"endTime":2235.9500000000003,"body":"reservations against using"},{"speaker":"Sebastian Heitmann","startTime":2235.9500000000003,"endTime":2242.46,"body":"volcanoes energy so. So there's,"},{"speaker":"Sebastian Heitmann","startTime":2235.9500000000003,"endTime":2242.46,"body":"there's specific areas, I think"},{"speaker":"Sebastian Heitmann","startTime":2242.4900000000002,"endTime":2245.4300000000003,"body":"Iceland is a classic one that"},{"speaker":"Sebastian Heitmann","startTime":2242.4900000000002,"endTime":2245.4300000000003,"body":"didn't volcanic island and use a"},{"speaker":"Sebastian Heitmann","startTime":2245.4300000000003,"endTime":2248.7900000000004,"body":"lot of geothermal energy. But"},{"speaker":"Sebastian Heitmann","startTime":2245.4300000000003,"endTime":2248.7900000000004,"body":"Indonesia and some other Japan."},{"speaker":"Sebastian Heitmann","startTime":2249.03,"endTime":2249.7200000000003,"body":"So that's"},{"speaker":"Tim Montague","startTime":2249.7200000000003,"endTime":2252.0000000000005,"body":"where in"},{"speaker":"Tim Montague","startTime":2249.7200000000003,"endTime":2252.0000000000005,"body":"geothermal we're talking"},{"speaker":"Tim Montague","startTime":2252.0000000000005,"endTime":2258.6000000000004,"body":"hundreds of feet in deep Geo,"},{"speaker":"Tim Montague","startTime":2252.0000000000005,"endTime":2258.6000000000004,"body":"we're talking 1000s and 1000s of"},{"speaker":"Tim Montague","startTime":2258.6000000000004,"endTime":2263.4,"body":"feet or miles and kilometers and"},{"speaker":"Tim Montague","startTime":2258.6000000000004,"endTime":2263.4,"body":"and somebody I saw recently"},{"speaker":"Tim Montague","startTime":2263.4,"endTime":2267.84,"body":"drilled a three mile deep well"},{"speaker":"Tim Montague","startTime":2263.4,"endTime":2267.84,"body":"in New Mexico, as an example of"},{"speaker":"Tim Montague","startTime":2267.84,"endTime":2268.11,"body":"deep"},{"speaker":"Sebastian Heitmann","startTime":2269.07,"endTime":2271.32,"body":"Yeah, that's"},{"speaker":"Sebastian Heitmann","startTime":2269.07,"endTime":2271.32,"body":"quite deep. Exactly. We're"},{"speaker":"Sebastian Heitmann","startTime":2271.32,"endTime":2273.9900000000002,"body":"talking miles you know, we're"},{"speaker":"Sebastian Heitmann","startTime":2271.32,"endTime":2273.9900000000002,"body":"talking two miles plus at least"},{"speaker":"Sebastian Heitmann","startTime":2274.38,"endTime":2279.6600000000003,"body":"more like three. Independent"},{"speaker":"Sebastian Heitmann","startTime":2274.38,"endTime":2279.6600000000003,"body":"were you on the planet? Why are"},{"speaker":"Sebastian Heitmann","startTime":2279.6600000000003,"endTime":2282.15,"body":"we really next level que nos and"},{"speaker":"Sebastian Heitmann","startTime":2279.6600000000003,"endTime":2282.15,"body":"Paul's because simply, the heat"},{"speaker":"Sebastian Heitmann","startTime":2282.15,"endTime":2286.26,"body":"is way higher up. So we need to,"},{"speaker":"Sebastian Heitmann","startTime":2282.15,"endTime":2286.26,"body":"we need to get to at least 150"},{"speaker":"Sebastian Heitmann","startTime":2286.26,"endTime":2289.8,"body":"degrees Celsius. Now I'm not"},{"speaker":"Sebastian Heitmann","startTime":2286.26,"endTime":2289.8,"body":"sure Fahrenheit. And you know,"},{"speaker":"Sebastian Heitmann","startTime":2289.8,"endTime":2292.2900000000004,"body":"to do something with the heat"},{"speaker":"Sebastian Heitmann","startTime":2289.8,"endTime":2292.2900000000004,"body":"that's not even efficient for"},{"speaker":"Sebastian Heitmann","startTime":2292.2900000000004,"endTime":2294.69,"body":"electricity production, we need"},{"speaker":"Sebastian Heitmann","startTime":2292.2900000000004,"endTime":2294.69,"body":"to go like triple that to really"},{"speaker":"Sebastian Heitmann","startTime":2294.69,"endTime":2297.96,"body":"be efficient for electricity"},{"speaker":"Sebastian Heitmann","startTime":2294.69,"endTime":2297.96,"body":"production, to be liked by"},{"speaker":"Sebastian Heitmann","startTime":2297.96,"endTime":2306.8100000000004,"body":"comparison of a steam powered"},{"speaker":"Sebastian Heitmann","startTime":2297.96,"endTime":2306.8100000000004,"body":"turbine. So that's typically not"},{"speaker":"Sebastian Heitmann","startTime":2306.8100000000004,"endTime":2309.8100000000004,"body":"available in both depths unless"},{"speaker":"Sebastian Heitmann","startTime":2306.8100000000004,"endTime":2309.8100000000004,"body":"you next level Aquino, then"},{"speaker":"Sebastian Heitmann","startTime":2309.8100000000004,"endTime":2312.21,"body":"there's some higher"},{"speaker":"Sebastian Heitmann","startTime":2309.8100000000004,"endTime":2312.21,"body":"temperatures, I think there's"},{"speaker":"Sebastian Heitmann","startTime":2312.21,"endTime":2314.5200000000004,"body":"some wells and drilled some"},{"speaker":"Sebastian Heitmann","startTime":2312.21,"endTime":2314.5200000000004,"body":"wells in Iceland, which"},{"speaker":"Sebastian Heitmann","startTime":2314.55,"endTime":2318.8700000000003,"body":"literally had like 400 to 500"},{"speaker":"Sebastian Heitmann","startTime":2314.55,"endTime":2318.8700000000003,"body":"degrees. And also in Italy, the"},{"speaker":"Sebastian Heitmann","startTime":2318.96,"endTime":2323.1000000000004,"body":"experimenting with some really"},{"speaker":"Sebastian Heitmann","startTime":2318.96,"endTime":2323.1000000000004,"body":"hot wells. It is that that's"},{"speaker":"Sebastian Heitmann","startTime":2323.1000000000004,"endTime":2325.1400000000003,"body":"where it's available. However,"},{"speaker":"Sebastian Heitmann","startTime":2323.1000000000004,"endTime":2325.1400000000003,"body":"that's just the very few few"},{"speaker":"Sebastian Heitmann","startTime":2325.1400000000003,"endTime":2328.2900000000004,"body":"places we need to come to more"},{"speaker":"Sebastian Heitmann","startTime":2325.1400000000003,"endTime":2328.2900000000004,"body":"places. And that's a question"},{"speaker":"Sebastian Heitmann","startTime":2328.2900000000004,"endTime":2330.6600000000003,"body":"the drilling is the answer. And"},{"speaker":"Sebastian Heitmann","startTime":2328.2900000000004,"endTime":2330.6600000000003,"body":"drilling is really the the main"},{"speaker":"Sebastian Heitmann","startTime":2330.6600000000003,"endTime":2332.76,"body":"bottleneck. There's awesome"},{"speaker":"Sebastian Heitmann","startTime":2330.6600000000003,"endTime":2332.76,"body":"subsurface work to be done later"},{"speaker":"Sebastian Heitmann","startTime":2332.76,"endTime":2336.51,"body":"on, and how to create a very"},{"speaker":"Sebastian Heitmann","startTime":2332.76,"endTime":2336.51,"body":"efficient heat exchanger below"},{"speaker":"Sebastian Heitmann","startTime":2336.51,"endTime":2340.26,"body":"surface or open loop systems,"},{"speaker":"Sebastian Heitmann","startTime":2336.51,"endTime":2340.26,"body":"closed loop system, different"},{"speaker":"Sebastian Heitmann","startTime":2340.26,"endTime":2344.13,"body":"types of ideas. A lot of that is"},{"speaker":"Sebastian Heitmann","startTime":2340.26,"endTime":2344.13,"body":"traditional knowledge that we"},{"speaker":"Sebastian Heitmann","startTime":2344.13,"endTime":2346.65,"body":"have already from today's"},{"speaker":"Sebastian Heitmann","startTime":2344.13,"endTime":2346.65,"body":"geothermal. The question is, how"},{"speaker":"Sebastian Heitmann","startTime":2346.65,"endTime":2348.7200000000003,"body":"do you really get deep, it's a"},{"speaker":"Sebastian Heitmann","startTime":2346.65,"endTime":2348.7200000000003,"body":"different technology we need for"},{"speaker":"Sebastian Heitmann","startTime":2348.7200000000003,"endTime":2350.82,"body":"drilling, we invested in a"},{"speaker":"Sebastian Heitmann","startTime":2348.7200000000003,"endTime":2350.82,"body":"company called gap drilling,"},{"speaker":"Sebastian Heitmann","startTime":2351.1800000000003,"endTime":2356.7900000000004,"body":"their aim to solve that there's"},{"speaker":"Sebastian Heitmann","startTime":2351.1800000000003,"endTime":2356.7900000000004,"body":"also other companies across the"},{"speaker":"Sebastian Heitmann","startTime":2356.7900000000004,"endTime":2358.9500000000003,"body":"globe, that are also trying to"},{"speaker":"Sebastian Heitmann","startTime":2356.7900000000004,"endTime":2358.9500000000003,"body":"solve this with different"},{"speaker":"Sebastian Heitmann","startTime":2358.9500000000003,"endTime":2362.5800000000004,"body":"technologies. And it's all about"},{"speaker":"Sebastian Heitmann","startTime":2358.9500000000003,"endTime":2362.5800000000004,"body":"the exponential lt of cost."},{"speaker":"Sebastian Heitmann","startTime":2362.5800000000004,"endTime":2366.0600000000004,"body":"Today, every meter gets more"},{"speaker":"Sebastian Heitmann","startTime":2362.5800000000004,"endTime":2366.0600000000004,"body":"expensive. The deeper you go,"},{"speaker":"Sebastian Heitmann","startTime":2366.3900000000003,"endTime":2369.1800000000003,"body":"the more expensive it gets. And"},{"speaker":"Sebastian Heitmann","startTime":2366.3900000000003,"endTime":2369.1800000000003,"body":"we need to come to technologies"},{"speaker":"Sebastian Heitmann","startTime":2369.1800000000003,"endTime":2373.4100000000003,"body":"that are linear and agnostic of"},{"speaker":"Sebastian Heitmann","startTime":2369.1800000000003,"endTime":2373.4100000000003,"body":"the type of rock they drilled,"},{"speaker":"Sebastian Heitmann","startTime":2373.6200000000003,"endTime":2377.4,"body":"drilled to. So these are just"},{"speaker":"Sebastian Heitmann","startTime":2373.6200000000003,"endTime":2377.4,"body":"very different technologies than"},{"speaker":"Sebastian Heitmann","startTime":2377.4,"endTime":2381.51,"body":"we needed for oil and gas"},{"speaker":"Sebastian Heitmann","startTime":2377.4,"endTime":2381.51,"body":"extraction. However, it's"},{"speaker":"Sebastian Heitmann","startTime":2381.51,"endTime":2385.59,"body":"important to notice, all the"},{"speaker":"Sebastian Heitmann","startTime":2381.51,"endTime":2385.59,"body":"rest is very similar. So the oil"},{"speaker":"Sebastian Heitmann","startTime":2385.59,"endTime":2389.9100000000003,"body":"and gas industry today possesses"},{"speaker":"Sebastian Heitmann","startTime":2385.59,"endTime":2389.9100000000003,"body":"80 to 90% of knowledge. And we"},{"speaker":"Sebastian Heitmann","startTime":2389.9100000000003,"endTime":2392.9100000000003,"body":"probably need to extract the"},{"speaker":"Sebastian Heitmann","startTime":2389.9100000000003,"endTime":2392.9100000000003,"body":"resource officers or the people."},{"speaker":"Sebastian Heitmann","startTime":2394.2000000000003,"endTime":2399.0600000000004,"body":"And we just need to now innovate"},{"speaker":"Sebastian Heitmann","startTime":2394.2000000000003,"endTime":2399.0600000000004,"body":"a bit more around how to really"},{"speaker":"Sebastian Heitmann","startTime":2399.1200000000003,"endTime":2401.88,"body":"drill more efficiently into"},{"speaker":"Sebastian Heitmann","startTime":2399.1200000000003,"endTime":2401.88,"body":"these hard rock formations in"},{"speaker":"Sebastian Heitmann","startTime":2401.88,"endTime":2404.7300000000005,"body":"order to enable deep ultra deep"},{"speaker":"Sebastian Heitmann","startTime":2401.88,"endTime":2404.7300000000005,"body":"geothermal."},{"speaker":"Tim Montague","startTime":2406.0800000000004,"endTime":2408.6600000000003,"body":"So tell us about"},{"speaker":"Tim Montague","startTime":2406.0800000000004,"endTime":2408.6600000000003,"body":"that, though. What is what is"},{"speaker":"Tim Montague","startTime":2408.6600000000003,"endTime":2413.9700000000003,"body":"the what is the specific"},{"speaker":"Tim Montague","startTime":2408.6600000000003,"endTime":2413.9700000000003,"body":"breakthrough that allows one to"},{"speaker":"Tim Montague","startTime":2414.21,"endTime":2419.7300000000005,"body":"make deep drilling economical or"},{"speaker":"Tim Montague","startTime":2414.21,"endTime":2419.7300000000005,"body":"breakthroughs? Like I was"},{"speaker":"Tim Montague","startTime":2419.7300000000005,"endTime":2422.4,"body":"recently alerted to a company"},{"speaker":"Tim Montague","startTime":2419.7300000000005,"endTime":2422.4,"body":"called quase energy? Are you"},{"speaker":"Tim Montague","startTime":2422.4,"endTime":2423.7500000000005,"body":"familiar with quake? Exactly?"},{"speaker":"Sebastian Heitmann","startTime":2424.2000000000003,"endTime":2426.9,"body":"Yeah, quase."},{"speaker":"Sebastian Heitmann","startTime":2424.2000000000003,"endTime":2426.9,"body":"Carlos, he's doing he's doing"},{"speaker":"Sebastian Heitmann","startTime":2427.05,"endTime":2431.5200000000004,"body":"millimeter wave technology. So"},{"speaker":"Sebastian Heitmann","startTime":2427.05,"endTime":2431.5200000000004,"body":"basically, making the rock"},{"speaker":"Sebastian Heitmann","startTime":2431.5200000000004,"endTime":2436.59,"body":"through millimeter waves"},{"speaker":"Sebastian Heitmann","startTime":2431.5200000000004,"endTime":2436.59,"body":"evaporate. Like you can imagine,"},{"speaker":"Sebastian Heitmann","startTime":2436.59,"endTime":2439.59,"body":"like a microwave, but Right, the"},{"speaker":"Sebastian Heitmann","startTime":2436.59,"endTime":2439.59,"body":"very specific one that"},{"speaker":"Sebastian Heitmann","startTime":2439.6200000000003,"endTime":2444.09,"body":"evaporates, right? And then"},{"speaker":"Sebastian Heitmann","startTime":2439.6200000000003,"endTime":2444.09,"body":"there is a gap drilling where we"},{"speaker":"Sebastian Heitmann","startTime":2444.09,"endTime":2448.65,"body":"investors in they're actually"},{"speaker":"Sebastian Heitmann","startTime":2444.09,"endTime":2448.65,"body":"using plasma, or they have"},{"speaker":"Sebastian Heitmann","startTime":2448.65,"endTime":2453.36,"body":"different technology, but one of"},{"speaker":"Sebastian Heitmann","startTime":2448.65,"endTime":2453.36,"body":"them is plasma to also thermal,"},{"speaker":"Sebastian Heitmann","startTime":2453.36,"endTime":2456.6000000000004,"body":"shocking the rock. Yeah. And"},{"speaker":"Sebastian Heitmann","startTime":2453.36,"endTime":2456.6000000000004,"body":"therefore making it brittle and"},{"speaker":"Sebastian Heitmann","startTime":2456.63,"endTime":2462.51,"body":"easy to drill. So different"},{"speaker":"Sebastian Heitmann","startTime":2456.63,"endTime":2462.51,"body":"approaches. It's, yeah, there"},{"speaker":"Sebastian Heitmann","startTime":2462.51,"endTime":2464.7000000000003,"body":"are different approaches, or"},{"speaker":"Sebastian Heitmann","startTime":2462.51,"endTime":2464.7000000000003,"body":"some other companies doing did"},{"speaker":"Sebastian Heitmann","startTime":2464.7000000000003,"endTime":2467.0400000000004,"body":"some laser stuff in the past. So"},{"speaker":"Sebastian Heitmann","startTime":2464.7000000000003,"endTime":2467.0400000000004,"body":"there are different approaches."},{"speaker":"Sebastian Heitmann","startTime":2467.2500000000005,"endTime":2469.5600000000004,"body":"It's just spending time and"},{"speaker":"Sebastian Heitmann","startTime":2467.2500000000005,"endTime":2469.5600000000004,"body":"resources behind these"},{"speaker":"Sebastian Heitmann","startTime":2469.5600000000004,"endTime":2471.4500000000003,"body":"technologies. I think all of"},{"speaker":"Sebastian Heitmann","startTime":2469.5600000000004,"endTime":2471.4500000000003,"body":"them will have their place in"},{"speaker":"Sebastian Heitmann","startTime":2471.4500000000003,"endTime":2475.2000000000003,"body":"the market, even though it's not"},{"speaker":"Sebastian Heitmann","startTime":2471.4500000000003,"endTime":2475.2000000000003,"body":"a winner takes it all market. I"},{"speaker":"Sebastian Heitmann","startTime":2475.2000000000003,"endTime":2477.2400000000002,"body":"think a lot of different"},{"speaker":"Sebastian Heitmann","startTime":2475.2000000000003,"endTime":2477.2400000000002,"body":"technologies should come to"},{"speaker":"Sebastian Heitmann","startTime":2477.2400000000002,"endTime":2481.9500000000003,"body":"market and fission will just"},{"speaker":"Sebastian Heitmann","startTime":2477.2400000000002,"endTime":2481.9500000000003,"body":"enabling new drilling era."},{"speaker":"Tim Montague","startTime":2482.4900000000002,"endTime":2485.4900000000002,"body":"So with with, you"},{"speaker":"Tim Montague","startTime":2482.4900000000002,"endTime":2485.4900000000002,"body":"know, with wind and solar"},{"speaker":"Tim Montague","startTime":2485.4900000000002,"endTime":2493.9800000000005,"body":"approaching $1 A megawatt hour"},{"speaker":"Tim Montague","startTime":2485.4900000000002,"endTime":2493.9800000000005,"body":"or a penny a kilowatt hour, you"},{"speaker":"Tim Montague","startTime":2493.9800000000005,"endTime":2497.5200000000004,"body":"know, sometime in the next 10"},{"speaker":"Tim Montague","startTime":2493.9800000000005,"endTime":2497.5200000000004,"body":"years, we'll we'll be there."},{"speaker":"Tim Montague","startTime":2498.3300000000004,"endTime":2503.1000000000004,"body":"Where is deep geothermal on that"},{"speaker":"Tim Montague","startTime":2498.3300000000004,"endTime":2503.1000000000004,"body":"spectrum? You know, in your"},{"speaker":"Tim Montague","startTime":2503.1000000000004,"endTime":2509.13,"body":"interview with Nate Huggins, you"},{"speaker":"Tim Montague","startTime":2503.1000000000004,"endTime":2509.13,"body":"talk about replacing coal and"},{"speaker":"Tim Montague","startTime":2509.13,"endTime":2513.21,"body":"natural gas plants with deep"},{"speaker":"Tim Montague","startTime":2509.13,"endTime":2513.21,"body":"Geo, you use the existing"},{"speaker":"Tim Montague","startTime":2513.21,"endTime":2518.5200000000004,"body":"infrastructure, which is a great"},{"speaker":"Tim Montague","startTime":2513.21,"endTime":2518.5200000000004,"body":"idea. I love this idea. And, and"},{"speaker":"Tim Montague","startTime":2518.5200000000004,"endTime":2523.59,"body":"doing some deep deep drilling."},{"speaker":"Tim Montague","startTime":2518.5200000000004,"endTime":2523.59,"body":"What what is the what are the"},{"speaker":"Tim Montague","startTime":2523.59,"endTime":2525.0000000000005,"body":"economics of this?"},{"speaker":"Sebastian Heitmann","startTime":2525.1200000000003,"endTime":2528.1800000000003,"body":"Um, first of"},{"speaker":"Sebastian Heitmann","startTime":2525.1200000000003,"endTime":2528.1800000000003,"body":"all, I mean, I think there's"},{"speaker":"Sebastian Heitmann","startTime":2528.42,"endTime":2531.2400000000002,"body":"question marks and economics or"},{"speaker":"Sebastian Heitmann","startTime":2528.42,"endTime":2531.2400000000002,"body":"shows or but in general,"},{"speaker":"Sebastian Heitmann","startTime":2531.2700000000004,"endTime":2534.63,"body":"generally speaking, it's a, it"},{"speaker":"Sebastian Heitmann","startTime":2531.2700000000004,"endTime":2534.63,"body":"can be very cost competitive and"},{"speaker":"Sebastian Heitmann","startTime":2534.63,"endTime":2539.0400000000004,"body":"wind and solar might approach $1"},{"speaker":"Sebastian Heitmann","startTime":2534.63,"endTime":2539.0400000000004,"body":"per megawatt hour, at a certain"},{"speaker":"Sebastian Heitmann","startTime":2539.0400000000004,"endTime":2542.82,"body":"time of the day on a certain"},{"speaker":"Sebastian Heitmann","startTime":2539.0400000000004,"endTime":2542.82,"body":"day. Yeah, but definitely not"},{"speaker":"Sebastian Heitmann","startTime":2543.0600000000004,"endTime":2547.26,"body":"24/7 available. And if we"},{"speaker":"Sebastian Heitmann","startTime":2543.0600000000004,"endTime":2547.26,"body":"calculate the cost of storage,"},{"speaker":"Sebastian Heitmann","startTime":2547.26,"endTime":2550.92,"body":"and it's very different cost of"},{"speaker":"Sebastian Heitmann","startTime":2547.26,"endTime":2550.92,"body":"storage is very expensive. And"},{"speaker":"Sebastian Heitmann","startTime":2550.92,"endTime":2554.19,"body":"also, it's also limited to"},{"speaker":"Sebastian Heitmann","startTime":2550.92,"endTime":2554.19,"body":"storage with I mean, terawatt"},{"speaker":"Sebastian Heitmann","startTime":2554.19,"endTime":2557.61,"body":"storage capacities, are not the"},{"speaker":"Sebastian Heitmann","startTime":2554.19,"endTime":2557.61,"body":"most likely thing I will put my"},{"speaker":"Sebastian Heitmann","startTime":2557.6400000000003,"endTime":2562.59,"body":"bet, bet money on that they will"},{"speaker":"Sebastian Heitmann","startTime":2557.6400000000003,"endTime":2562.59,"body":"ever come in an extra large"},{"speaker":"Sebastian Heitmann","startTime":2562.7400000000002,"endTime":2566.94,"body":"capacity to, to really store"},{"speaker":"Sebastian Heitmann","startTime":2562.7400000000002,"endTime":2566.94,"body":"like an economy over the winter,"},{"speaker":"Sebastian Heitmann","startTime":2567.9,"endTime":2570.96,"body":"with very little wind or solar"},{"speaker":"Sebastian Heitmann","startTime":2567.9,"endTime":2570.96,"body":"available. But there could be"},{"speaker":"Sebastian Heitmann","startTime":2570.96,"endTime":2575.8500000000004,"body":"certainly areas where it's very,"},{"speaker":"Sebastian Heitmann","startTime":2570.96,"endTime":2575.8500000000004,"body":"very challenging to do that. But"},{"speaker":"Sebastian Heitmann","startTime":2577.2300000000005,"endTime":2579.6600000000003,"body":"I think they really play"},{"speaker":"Sebastian Heitmann","startTime":2577.2300000000005,"endTime":2579.6600000000003,"body":"together. It's not either or"},{"speaker":"Sebastian Heitmann","startTime":2579.8700000000003,"endTime":2583.44,"body":"wind and solar, wind and solar"},{"speaker":"Sebastian Heitmann","startTime":2579.8700000000003,"endTime":2583.44,"body":"and geothermal partners. They're"},{"speaker":"Sebastian Heitmann","startTime":2583.44,"endTime":2589.0800000000004,"body":"not either ors, so you would run"},{"speaker":"Sebastian Heitmann","startTime":2583.44,"endTime":2589.0800000000004,"body":"some of your heat needs. And"},{"speaker":"Sebastian Heitmann","startTime":2589.0800000000004,"endTime":2592.9500000000003,"body":"also, electricity needs on a"},{"speaker":"Sebastian Heitmann","startTime":2589.0800000000004,"endTime":2592.9500000000003,"body":"constant consistent basis with a"},{"speaker":"Sebastian Heitmann","startTime":2593.55,"endTime":2596.1600000000003,"body":"bit more expensive, I don't"},{"speaker":"Sebastian Heitmann","startTime":2593.55,"endTime":2596.1600000000003,"body":"think we'll get down to $1. But"},{"speaker":"Sebastian Heitmann","startTime":2596.1600000000003,"endTime":2598.9500000000003,"body":"we can probably get quite"},{"speaker":"Sebastian Heitmann","startTime":2596.1600000000003,"endTime":2598.9500000000003,"body":"competitive. It depends on on"},{"speaker":"Sebastian Heitmann","startTime":2598.9500000000003,"endTime":2600.9900000000002,"body":"the depth in the end of the day"},{"speaker":"Sebastian Heitmann","startTime":2598.9500000000003,"endTime":2600.9900000000002,"body":"on the All depends on"},{"speaker":"Sebastian Heitmann","startTime":2600.9900000000002,"endTime":2605.7900000000004,"body":"temperature, we really are able"},{"speaker":"Sebastian Heitmann","startTime":2600.9900000000002,"endTime":2605.7900000000004,"body":"to access the so called"},{"speaker":"Sebastian Heitmann","startTime":2605.7900000000004,"endTime":2607.9800000000005,"body":"supercritical geothermal, that's"},{"speaker":"Sebastian Heitmann","startTime":2605.7900000000004,"endTime":2607.9800000000005,"body":"probably the holy grail of"},{"speaker":"Sebastian Heitmann","startTime":2607.9800000000005,"endTime":2611.55,"body":"geothermal and often described"},{"speaker":"Sebastian Heitmann","startTime":2607.9800000000005,"endTime":2611.55,"body":"as the fusion of geothermal"},{"speaker":"Sebastian Heitmann","startTime":2611.55,"endTime":2616.2900000000004,"body":"because it's kind of a bit of a"},{"speaker":"Sebastian Heitmann","startTime":2611.55,"endTime":2616.2900000000004,"body":"avant garde concept. Yeah, that"},{"speaker":"Sebastian Heitmann","startTime":2616.2900000000004,"endTime":2621.4500000000003,"body":"is, water can take supercritical"},{"speaker":"Sebastian Heitmann","startTime":2616.2900000000004,"endTime":2621.4500000000003,"body":"state when we are 274 degrees"},{"speaker":"Sebastian Heitmann","startTime":2621.4500000000003,"endTime":2625.26,"body":"Celsius and 2020 bars of"},{"speaker":"Sebastian Heitmann","startTime":2621.4500000000003,"endTime":2625.26,"body":"pressure. And that state, it"},{"speaker":"Sebastian Heitmann","startTime":2625.26,"endTime":2628.6200000000003,"body":"actually is able to conduct"},{"speaker":"Sebastian Heitmann","startTime":2625.26,"endTime":2628.6200000000003,"body":"about 10 times more energy than"},{"speaker":"Sebastian Heitmann","startTime":2628.86,"endTime":2633.03,"body":"normal state, fluid or gaseous"},{"speaker":"Sebastian Heitmann","startTime":2628.86,"endTime":2633.03,"body":"state. So it's a mix between"},{"speaker":"Sebastian Heitmann","startTime":2633.03,"endTime":2636.0600000000004,"body":"those two states, that would"},{"speaker":"Sebastian Heitmann","startTime":2633.03,"endTime":2636.0600000000004,"body":"probably allow for very"},{"speaker":"Sebastian Heitmann","startTime":2636.0600000000004,"endTime":2638.6400000000003,"body":"efficient energy production and"},{"speaker":"Sebastian Heitmann","startTime":2636.0600000000004,"endTime":2638.6400000000003,"body":"probably also around the $2"},{"speaker":"Sebastian Heitmann","startTime":2638.6400000000003,"endTime":2643.6200000000003,"body":"mark, but nobody's been there."},{"speaker":"Sebastian Heitmann","startTime":2638.6400000000003,"endTime":2643.6200000000003,"body":"So I wouldn't put put that just"},{"speaker":"Sebastian Heitmann","startTime":2644.34,"endTime":2646.86,"body":"by doing some basic"},{"speaker":"Sebastian Heitmann","startTime":2644.34,"endTime":2646.86,"body":"calculations, you would assume"},{"speaker":"Sebastian Heitmann","startTime":2646.86,"endTime":2651.4800000000005,"body":"it can come very cheap. But"},{"speaker":"Sebastian Heitmann","startTime":2646.86,"endTime":2651.4800000000005,"body":"let's not go that way. I think"},{"speaker":"Sebastian Heitmann","startTime":2651.63,"endTime":2659.0400000000004,"body":"any energy source can come in"},{"speaker":"Sebastian Heitmann","startTime":2651.63,"endTime":2659.0400000000004,"body":"for five $6 and have the does"},{"speaker":"Sebastian Heitmann","startTime":2659.0400000000004,"endTime":2661.53,"body":"not have does not require"},{"speaker":"Sebastian Heitmann","startTime":2659.0400000000004,"endTime":2661.53,"body":"storage is extremely"},{"speaker":"Sebastian Heitmann","startTime":2661.53,"endTime":2664.8,"body":"competitive, and a great"},{"speaker":"Sebastian Heitmann","startTime":2661.53,"endTime":2664.8,"body":"companion to solar,"},{"speaker":"Tim Montague","startTime":2665.6400000000003,"endTime":2670.7700000000004,"body":"the whole long, we"},{"speaker":"Tim Montague","startTime":2665.6400000000003,"endTime":2670.7700000000004,"body":"are away from being able to"},{"speaker":"Tim Montague","startTime":2670.7700000000004,"endTime":2673.53,"body":"okay, I get it with shallow"},{"speaker":"Tim Montague","startTime":2670.7700000000004,"endTime":2673.53,"body":"geothermal, you go to those"},{"speaker":"Tim Montague","startTime":2673.53,"endTime":2677.6400000000003,"body":"places in the Earth's crust"},{"speaker":"Tim Montague","startTime":2673.53,"endTime":2677.6400000000003,"body":"where the heat is shallow, and"},{"speaker":"Tim Montague","startTime":2677.6400000000003,"endTime":2680.76,"body":"access to that and shallow and"},{"speaker":"Tim Montague","startTime":2677.6400000000003,"endTime":2680.76,"body":"we should, we should definitely"},{"speaker":"Tim Montague","startTime":2680.76,"endTime":2684.78,"body":"pursue those opportunities. And"},{"speaker":"Tim Montague","startTime":2680.76,"endTime":2684.78,"body":"then in the long run, where the"},{"speaker":"Tim Montague","startTime":2684.78,"endTime":2687.8100000000004,"body":"heat is deeper down, where you"},{"speaker":"Tim Montague","startTime":2684.78,"endTime":2687.8100000000004,"body":"have to go several, let's just"},{"speaker":"Tim Montague","startTime":2687.8100000000004,"endTime":2693.57,"body":"say a mile or two, how far away"},{"speaker":"Tim Montague","startTime":2687.8100000000004,"endTime":2693.57,"body":"do you think we are from going"},{"speaker":"Tim Montague","startTime":2693.57,"endTime":2698.7000000000003,"body":"to some random, you know, 100"},{"speaker":"Tim Montague","startTime":2693.57,"endTime":2698.7000000000003,"body":"megawatt natural gas or coal"},{"speaker":"Tim Montague","startTime":2698.7000000000003,"endTime":2704.2500000000005,"body":"plant and replacing it with deep"},{"speaker":"Tim Montague","startTime":2698.7000000000003,"endTime":2704.2500000000005,"body":"Geo? at that scale?"},{"speaker":"Sebastian Heitmann","startTime":2704.7000000000003,"endTime":2707.9700000000003,"body":"It depends a"},{"speaker":"Sebastian Heitmann","startTime":2704.7000000000003,"endTime":2707.9700000000003,"body":"bit, I mean, generally is person"},{"speaker":"Sebastian Heitmann","startTime":2707.9700000000003,"endTime":2711.0000000000005,"body":"whose first commercial project"},{"speaker":"Sebastian Heitmann","startTime":2707.9700000000003,"endTime":2711.0000000000005,"body":"and next 12 months, so actually"},{"speaker":"Sebastian Heitmann","startTime":2711.0000000000005,"endTime":2714.96,"body":"not that far away. It's gonna be"},{"speaker":"Sebastian Heitmann","startTime":2711.0000000000005,"endTime":2714.96,"body":"actually going to I'm not 100%"},{"speaker":"Sebastian Heitmann","startTime":2714.96,"endTime":2717.84,"body":"sure to be honest, US could be"},{"speaker":"Sebastian Heitmann","startTime":2714.96,"endTime":2717.84,"body":"in Europe, not Hudson, Sure,"},{"speaker":"Sebastian Heitmann","startTime":2717.8700000000003,"endTime":2720.96,"body":"okay. Probably in us, but I"},{"speaker":"Sebastian Heitmann","startTime":2717.8700000000003,"endTime":2720.96,"body":"would have to ask the company"},{"speaker":"Sebastian Heitmann","startTime":2720.96,"endTime":2725.6400000000003,"body":"the stage. So they presume the"},{"speaker":"Sebastian Heitmann","startTime":2720.96,"endTime":2725.6400000000003,"body":"first commercial project and"},{"speaker":"Sebastian Heitmann","startTime":2725.6400000000003,"endTime":2730.4100000000003,"body":"that time and that will not be"},{"speaker":"Sebastian Heitmann","startTime":2725.6400000000003,"endTime":2730.4100000000003,"body":"this will go step by step, you"},{"speaker":"Sebastian Heitmann","startTime":2730.4100000000003,"endTime":2732.7200000000003,"body":"know, the innovation will not"},{"speaker":"Sebastian Heitmann","startTime":2730.4100000000003,"endTime":2732.7200000000003,"body":"you will not immediately replace"},{"speaker":"Sebastian Heitmann","startTime":2732.7200000000003,"endTime":2737.7300000000005,"body":"100 Mega Watt coal plant, you"},{"speaker":"Sebastian Heitmann","startTime":2732.7200000000003,"endTime":2737.7300000000005,"body":"will, the first goal will"},{"speaker":"Sebastian Heitmann","startTime":2737.7300000000005,"endTime":2741.6000000000004,"body":"actually go for district heating"},{"speaker":"Sebastian Heitmann","startTime":2737.7300000000005,"endTime":2741.6000000000004,"body":"networks, easy to replace very"},{"speaker":"Sebastian Heitmann","startTime":2741.63,"endTime":2747.0000000000005,"body":"even easier to retrofit than a"},{"speaker":"Sebastian Heitmann","startTime":2741.63,"endTime":2747.0000000000005,"body":"power plant. All you need is a"},{"speaker":"Sebastian Heitmann","startTime":2747.0000000000005,"endTime":2749.9100000000003,"body":"heat source and basically feed"},{"speaker":"Sebastian Heitmann","startTime":2747.0000000000005,"endTime":2749.9100000000003,"body":"into that system. And that's"},{"speaker":"Sebastian Heitmann","startTime":2749.9100000000003,"endTime":2752.4300000000003,"body":"it's quite straightforward."},{"speaker":"Sebastian Heitmann","startTime":2749.9100000000003,"endTime":2752.4300000000003,"body":"Sure. And that'll be the first"},{"speaker":"Sebastian Heitmann","startTime":2752.4300000000003,"endTime":2755.4,"body":"one first gold and there's"},{"speaker":"Sebastian Heitmann","startTime":2752.4300000000003,"endTime":2755.4,"body":"plenty, plenty of district"},{"speaker":"Sebastian Heitmann","startTime":2755.4,"endTime":2760.8,"body":"heating networks that could be"},{"speaker":"Sebastian Heitmann","startTime":2755.4,"endTime":2760.8,"body":"utilized for that. And then"},{"speaker":"Sebastian Heitmann","startTime":2760.8,"endTime":2762.63,"body":"later on, you could also"},{"speaker":"Sebastian Heitmann","startTime":2760.8,"endTime":2762.63,"body":"retrofit power plants, but"},{"speaker":"Sebastian Heitmann","startTime":2763.0800000000004,"endTime":2766.38,"body":"again, we're not talking 20 Year"},{"speaker":"Sebastian Heitmann","startTime":2763.0800000000004,"endTime":2766.38,"body":"2040 or 50. Here we're talking"},{"speaker":"Sebastian Heitmann","startTime":2766.38,"endTime":2771.2700000000004,"body":"in the next five years. You"},{"speaker":"Sebastian Heitmann","startTime":2766.38,"endTime":2771.2700000000004,"body":"could do all this and maybe put"},{"speaker":"Sebastian Heitmann","startTime":2771.2700000000004,"endTime":2774.09,"body":"scale to it as well as it was"},{"speaker":"Sebastian Heitmann","startTime":2771.2700000000004,"endTime":2774.09,"body":"interesting number it's mind"},{"speaker":"Sebastian Heitmann","startTime":2774.09,"endTime":2778.65,"body":"boggling actually. It would"},{"speaker":"Sebastian Heitmann","startTime":2774.09,"endTime":2778.65,"body":"require about 600,000 wells of"},{"speaker":"Sebastian Heitmann","startTime":2778.65,"endTime":2782.34,"body":"the size of loaded like seven or"},{"speaker":"Sebastian Heitmann","startTime":2778.65,"endTime":2782.34,"body":"nine into something that it's"},{"speaker":"Sebastian Heitmann","startTime":2782.34,"endTime":2785.67,"body":"classic geothermal wells wise"},{"speaker":"Sebastian Heitmann","startTime":2782.34,"endTime":2785.67,"body":"600,000 of those wells to pretty"},{"speaker":"Sebastian Heitmann","startTime":2785.67,"endTime":2792.21,"body":"much bleed all of our power"},{"speaker":"Sebastian Heitmann","startTime":2785.67,"endTime":2792.21,"body":"needs from geothermal. You may"},{"speaker":"Sebastian Heitmann","startTime":2792.21,"endTime":2795.3900000000003,"body":"not original some other"},{"speaker":"Sebastian Heitmann","startTime":2792.21,"endTime":2795.3900000000003,"body":"resources on Earth on earth."},{"speaker":"Sebastian Heitmann","startTime":2795.42,"endTime":2798.7500000000005,"body":"600,000 wells, okay, actually"},{"speaker":"Sebastian Heitmann","startTime":2795.42,"endTime":2798.7500000000005,"body":"ridiculously small number"},{"speaker":"Sebastian Heitmann","startTime":2798.78,"endTime":2801.21,"body":"considering that the oil and gas"},{"speaker":"Sebastian Heitmann","startTime":2798.78,"endTime":2801.21,"body":"industry is drilling about"},{"speaker":"Sebastian Heitmann","startTime":2801.21,"endTime":2803.67,"body":"100,000 wells per year for"},{"speaker":"Sebastian Heitmann","startTime":2801.21,"endTime":2803.67,"body":"Getting gas. So in"},{"speaker":"Tim Montague","startTime":2803.67,"endTime":2807.7500000000005,"body":"10 years in 10"},{"speaker":"Tim Montague","startTime":2803.67,"endTime":2807.7500000000005,"body":"years, although those wells are"},{"speaker":"Tim Montague","startTime":2807.7500000000005,"endTime":2811.05,"body":"those are the oil and gas wells"},{"speaker":"Tim Montague","startTime":2807.7500000000005,"endTime":2811.05,"body":"going, How do you How deep are"},{"speaker":"Tim Montague","startTime":2811.05,"endTime":2813.2400000000002,"body":"those going? depends"},{"speaker":"Sebastian Heitmann","startTime":2813.2400000000002,"endTime":2814.7700000000004,"body":"completely"},{"speaker":"Sebastian Heitmann","startTime":2813.2400000000002,"endTime":2814.7700000000004,"body":"where you are you can can be"},{"speaker":"Sebastian Heitmann","startTime":2814.7700000000004,"endTime":2817.11,"body":"really deep offshore"},{"speaker":"Sebastian Heitmann","startTime":2814.7700000000004,"endTime":2817.11,"body":"specifically, it can be really"},{"speaker":"Sebastian Heitmann","startTime":2817.11,"endTime":2820.8300000000004,"body":"deep. Okay. We've seen oil and"},{"speaker":"Sebastian Heitmann","startTime":2817.11,"endTime":2820.8300000000004,"body":"gas wells that several miles as"},{"speaker":"Sebastian Heitmann","startTime":2820.8300000000004,"endTime":2825.57,"body":"well. But also very shallow in"},{"speaker":"Sebastian Heitmann","startTime":2820.8300000000004,"endTime":2825.57,"body":"Canada and only a couple 100"},{"speaker":"Sebastian Heitmann","startTime":2825.57,"endTime":2826.2000000000003,"body":"years. We"},{"speaker":"Tim Montague","startTime":2826.2000000000003,"endTime":2829.05,"body":"make the drilling"},{"speaker":"Tim Montague","startTime":2826.2000000000003,"endTime":2829.05,"body":"fast. If we make the drilling"},{"speaker":"Tim Montague","startTime":2829.05,"endTime":2833.76,"body":"into hard rock faster than we"},{"speaker":"Tim Montague","startTime":2829.05,"endTime":2833.76,"body":"could we could be doing 100,000"},{"speaker":"Tim Montague","startTime":2833.76,"endTime":2836.28,"body":"wells a deep geo a year. Yeah,"},{"speaker":"Sebastian Heitmann","startTime":2836.28,"endTime":2839.76,"body":"absolutely."},{"speaker":"Sebastian Heitmann","startTime":2836.28,"endTime":2839.76,"body":"The scalability of the have the"},{"speaker":"Sebastian Heitmann","startTime":2839.9100000000003,"endTime":2843.51,"body":"real bits, let's say it's not a"},{"speaker":"Sebastian Heitmann","startTime":2839.9100000000003,"endTime":2843.51,"body":"problem. You could you could"},{"speaker":"Sebastian Heitmann","startTime":2843.51,"endTime":2846.4500000000003,"body":"build as many drill bits as you"},{"speaker":"Sebastian Heitmann","startTime":2843.51,"endTime":2846.4500000000003,"body":"would have to do in order to do"},{"speaker":"Sebastian Heitmann","startTime":2846.4500000000003,"endTime":2848.13,"body":"the job. That's not a limitation"},{"speaker":"Sebastian Heitmann","startTime":2846.4500000000003,"endTime":2848.13,"body":"factor."},{"speaker":"Tim Montague","startTime":2848.3700000000003,"endTime":2850.7700000000004,"body":"Yeah. Well,"},{"speaker":"Tim Montague","startTime":2848.3700000000003,"endTime":2850.7700000000004,"body":"unfortunately, we're out of time"},{"speaker":"Tim Montague","startTime":2850.7700000000004,"endTime":2852.7200000000003,"body":"factors more. Yeah."},{"speaker":"Sebastian Heitmann","startTime":2852.78,"endTime":2855.0000000000005,"body":"In fact,"},{"speaker":"Sebastian Heitmann","startTime":2852.78,"endTime":2855.0000000000005,"body":"there's more about the the"},{"speaker":"Sebastian Heitmann","startTime":2855.0000000000005,"endTime":2858.1200000000003,"body":"ability to actually be"},{"speaker":"Sebastian Heitmann","startTime":2855.0000000000005,"endTime":2858.1200000000003,"body":"payability drill rigs, as I"},{"speaker":"Sebastian Heitmann","startTime":2858.1200000000003,"endTime":2860.34,"body":"said, that's why it's scalable,"},{"speaker":"Sebastian Heitmann","startTime":2858.1200000000003,"endTime":2860.34,"body":"because actually drilling rigs"},{"speaker":"Sebastian Heitmann","startTime":2860.34,"endTime":2864.8700000000003,"body":"we have a lot we utilizing the"},{"speaker":"Sebastian Heitmann","startTime":2860.34,"endTime":2864.8700000000003,"body":"planet as well for you. Yeah."},{"speaker":"Tim Montague","startTime":2865.86,"endTime":2868.4700000000003,"body":"I mean, I do like"},{"speaker":"Tim Montague","startTime":2865.86,"endTime":2868.4700000000003,"body":"this, that you can take the oil"},{"speaker":"Tim Montague","startTime":2868.4700000000003,"endTime":2873.0600000000004,"body":"and gas industry and turn it"},{"speaker":"Tim Montague","startTime":2868.4700000000003,"endTime":2873.0600000000004,"body":"make a right turn and start"},{"speaker":"Tim Montague","startTime":2873.0600000000004,"endTime":2877.6800000000003,"body":"doing deep Geo, with that"},{"speaker":"Tim Montague","startTime":2873.0600000000004,"endTime":2877.6800000000003,"body":"technology, obviously augmented"},{"speaker":"Tim Montague","startTime":2877.8900000000003,"endTime":2882.03,"body":"and modified for hard rock"},{"speaker":"Tim Montague","startTime":2877.8900000000003,"endTime":2882.03,"body":"drilling. Oil and gas drilling"},{"speaker":"Tim Montague","startTime":2882.03,"endTime":2884.07,"body":"is not hard rock drilling."},{"speaker":"Tim Montague","startTime":2882.03,"endTime":2884.07,"body":"Right."},{"speaker":"Sebastian Heitmann","startTime":2885.36,"endTime":2887.19,"body":"Exactly. And"},{"speaker":"Sebastian Heitmann","startTime":2885.36,"endTime":2887.19,"body":"by the way, they also quite"},{"speaker":"Sebastian Heitmann","startTime":2887.19,"endTime":2889.71,"body":"aware of it. I mean, we're there"},{"speaker":"Sebastian Heitmann","startTime":2887.19,"endTime":2889.71,"body":"was Sarah week in Houston, just"},{"speaker":"Sebastian Heitmann","startTime":2889.71,"endTime":2893.13,"body":"the other day, in March now. And"},{"speaker":"Sebastian Heitmann","startTime":2889.71,"endTime":2893.13,"body":"there was a lot of talk about"},{"speaker":"Sebastian Heitmann","startTime":2893.13,"endTime":2898.0800000000004,"body":"that town about about"},{"speaker":"Sebastian Heitmann","startTime":2893.13,"endTime":2898.0800000000004,"body":"geothermal. And actually, in"},{"speaker":"Sebastian Heitmann","startTime":2898.0800000000004,"endTime":2900.9300000000003,"body":"Houston, we see quite a cluster"},{"speaker":"Sebastian Heitmann","startTime":2898.0800000000004,"endTime":2900.9300000000003,"body":"of geothermal companies nowadays"},{"speaker":"Sebastian Heitmann","startTime":2901.4100000000003,"endTime":2906.15,"body":"that are innovating in this"},{"speaker":"Sebastian Heitmann","startTime":2901.4100000000003,"endTime":2906.15,"body":"space. So it's not that we're we"},{"speaker":"Sebastian Heitmann","startTime":2906.15,"endTime":2910.2900000000004,"body":"still have to wait that giant"},{"speaker":"Sebastian Heitmann","startTime":2906.15,"endTime":2910.2900000000004,"body":"Yeah. But slowly, everybody sort"},{"speaker":"Sebastian Heitmann","startTime":2910.2900000000004,"endTime":2913.4100000000003,"body":"of waking him up. And the oil"},{"speaker":"Sebastian Heitmann","startTime":2910.2900000000004,"endTime":2913.4100000000003,"body":"and gas industry is clearly on"},{"speaker":"Sebastian Heitmann","startTime":2913.4100000000003,"endTime":2916.92,"body":"board for exploring"},{"speaker":"Sebastian Heitmann","startTime":2913.4100000000003,"endTime":2916.92,"body":"opportunities. Yeah, they don't"},{"speaker":"Sebastian Heitmann","startTime":2916.92,"endTime":2918.6600000000003,"body":"want to miss that. It's their"},{"speaker":"Sebastian Heitmann","startTime":2916.92,"endTime":2918.6600000000003,"body":"chance."},{"speaker":"Tim Montague","startTime":2919.9700000000003,"endTime":2922.1600000000003,"body":"So listeners,"},{"speaker":"Tim Montague","startTime":2919.9700000000003,"endTime":2922.1600000000003,"body":"please check out all of our"},{"speaker":"Tim Montague","startTime":2922.1600000000003,"endTime":2926.63,"body":"content at cleanpowerhour.com."},{"speaker":"Tim Montague","startTime":2922.1600000000003,"endTime":2926.63,"body":"Tell a friend about the show."},{"speaker":"Tim Montague","startTime":2926.6600000000003,"endTime":2930.38,"body":"That is great way to get more"},{"speaker":"Tim Montague","startTime":2926.6600000000003,"endTime":2930.38,"body":"people educated about all the"},{"speaker":"Tim Montague","startTime":2930.38,"endTime":2933.92,"body":"possibilities for the energy"},{"speaker":"Tim Montague","startTime":2930.38,"endTime":2933.92,"body":"transition, and reach out to me"},{"speaker":"Tim Montague","startTime":2933.92,"endTime":2938.1800000000003,"body":"on LinkedIn. I love hearing from"},{"speaker":"Tim Montague","startTime":2933.92,"endTime":2938.1800000000003,"body":"my listeners, Sebastian, how can"},{"speaker":"Tim Montague","startTime":2938.1800000000003,"endTime":2939.44,"body":"our listeners find you?"},{"speaker":"Sebastian Heitmann","startTime":2940.0800000000004,"endTime":2941.8500000000004,"body":"First of"},{"speaker":"Sebastian Heitmann","startTime":2940.0800000000004,"endTime":2941.8500000000004,"body":"all, thanks for the chat really"},{"speaker":"Sebastian Heitmann","startTime":2941.8500000000004,"endTime":2944.5800000000004,"body":"interesting. And by the way, we"},{"speaker":"Sebastian Heitmann","startTime":2941.8500000000004,"endTime":2944.5800000000004,"body":"really appreciate your show."},{"speaker":"Sebastian Heitmann","startTime":2944.61,"endTime":2947.2500000000005,"body":"It's really been doing this for"},{"speaker":"Sebastian Heitmann","startTime":2944.61,"endTime":2947.2500000000005,"body":"quite a while and been covering"},{"speaker":"Sebastian Heitmann","startTime":2947.28,"endTime":2951.3,"body":"a wide range of topics are"},{"speaker":"Sebastian Heitmann","startTime":2947.28,"endTime":2951.3,"body":"really great. Thanks for having"},{"speaker":"Sebastian Heitmann","startTime":2951.3,"endTime":2954.57,"body":"me today. You can also reach out"},{"speaker":"Sebastian Heitmann","startTime":2951.3,"endTime":2954.57,"body":"to me on LinkedIn, absolutely."},{"speaker":"Sebastian Heitmann","startTime":2954.6000000000004,"endTime":2959.01,"body":"I'm out on LinkedIn. Or we can"},{"speaker":"Sebastian Heitmann","startTime":2954.6000000000004,"endTime":2959.01,"body":"also find more about us and an"},{"speaker":"Sebastian Heitmann","startTime":2959.01,"endTime":2964.65,"body":"extensive.com. That's"},{"speaker":"Sebastian Heitmann","startTime":2959.01,"endTime":2964.65,"body":"EXTANT a.com, which is where you"},{"speaker":"Sebastian Heitmann","startTime":2964.65,"endTime":2969.3900000000003,"body":"can also contact us but see see"},{"speaker":"Sebastian Heitmann","startTime":2964.65,"endTime":2969.3900000000003,"body":"all about a work and our wheels,"},{"speaker":"Sebastian Heitmann","startTime":2969.3900000000003,"endTime":2972.21,"body":"a medium blog where we sort of"},{"speaker":"Sebastian Heitmann","startTime":2969.3900000000003,"endTime":2972.21,"body":"publish on what we do, we"},{"speaker":"Sebastian Heitmann","startTime":2972.2400000000002,"endTime":2975.03,"body":"obviously cover a lot more range"},{"speaker":"Sebastian Heitmann","startTime":2972.2400000000002,"endTime":2975.03,"body":"than we're able to cover in this"},{"speaker":"Sebastian Heitmann","startTime":2975.03,"endTime":2979.44,"body":"talk today. And but we do a"},{"speaker":"Sebastian Heitmann","startTime":2975.03,"endTime":2979.44,"body":"sequel one day on other"},{"speaker":"Sebastian Heitmann","startTime":2979.44,"endTime":2980.9700000000003,"body":"technologies. Yeah,"},{"speaker":"Tim Montague","startTime":2980.76,"endTime":2983.2200000000003,"body":"we just scratched"},{"speaker":"Tim Montague","startTime":2980.76,"endTime":2983.2200000000003,"body":"the surface, no pun intended"},{"speaker":"Tim Montague","startTime":2983.2200000000003,"endTime":2986.4900000000002,"body":"here today, but I really"},{"speaker":"Tim Montague","startTime":2983.2200000000003,"endTime":2986.4900000000002,"body":"appreciate your time, Sebastian,"},{"speaker":"Tim Montague","startTime":2986.82,"endTime":2990.7500000000005,"body":"thank you for what you're doing"},{"speaker":"Tim Montague","startTime":2986.82,"endTime":2990.7500000000005,"body":"with expansion. And let's grow"},{"speaker":"Tim Montague","startTime":2990.7500000000005,"endTime":2994.1400000000003,"body":"solar and storage. I'm Tim"},{"speaker":"Tim Montague","startTime":2990.7500000000005,"endTime":2994.1400000000003,"body":"Montague. Take care. Hey,"},{"speaker":"Tim Montague","startTime":2994.1400000000003,"endTime":2999.57,"body":"listeners. This is Tim, I want"},{"speaker":"Tim Montague","startTime":2994.1400000000003,"endTime":2999.57,"body":"to give a shout out to all of"},{"speaker":"Tim Montague","startTime":2999.57,"endTime":3004.4,"body":"you. I do this for you twice a"},{"speaker":"Tim Montague","startTime":2999.57,"endTime":3004.4,"body":"week. Thank you for being here."},{"speaker":"Tim Montague","startTime":3004.4,"endTime":3009.2000000000003,"body":"Thank you for giving us your"},{"speaker":"Tim Montague","startTime":3004.4,"endTime":3009.2000000000003,"body":"time. I really appreciate you"},{"speaker":"Tim Montague","startTime":3009.2300000000005,"endTime":3013.46,"body":"and what you're all about. You"},{"speaker":"Tim Montague","startTime":3009.2300000000005,"endTime":3013.46,"body":"are part and parcel of the"},{"speaker":"Tim Montague","startTime":3013.46,"endTime":3016.1600000000003,"body":"energy transition, whether"},{"speaker":"Tim Montague","startTime":3013.46,"endTime":3016.1600000000003,"body":"you're an energy professional"},{"speaker":"Tim Montague","startTime":3016.1600000000003,"endTime":3021.59,"body":"today, or an aspiring energy"},{"speaker":"Tim Montague","startTime":3016.1600000000003,"endTime":3021.59,"body":"professional. So thank you, I"},{"speaker":"Tim Montague","startTime":3021.6200000000003,"endTime":3025.7000000000003,"body":"want to let you know that the"},{"speaker":"Tim Montague","startTime":3021.6200000000003,"endTime":3025.7000000000003,"body":"Clean Power Hour has launched a"},{"speaker":"Tim Montague","startTime":3025.7000000000003,"endTime":3030.86,"body":"listener survey. And it would"},{"speaker":"Tim Montague","startTime":3025.7000000000003,"endTime":3030.86,"body":"mean so much to me. If you would"},{"speaker":"Tim Montague","startTime":3030.86,"endTime":3037.61,"body":"go to cleanpowerhour.com. Click"},{"speaker":"Tim Montague","startTime":3030.86,"endTime":3037.61,"body":"on the About Us link right there"},{"speaker":"Tim Montague","startTime":3037.61,"endTime":3041.0600000000004,"body":"on the main navigation that"},{"speaker":"Tim Montague","startTime":3037.61,"endTime":3041.0600000000004,"body":"takes you to the about page and"},{"speaker":"Tim Montague","startTime":3041.0600000000004,"endTime":3043.9100000000003,"body":"you'll see a big graphic"},{"speaker":"Tim Montague","startTime":3041.0600000000004,"endTime":3043.9100000000003,"body":"listener survey, just click on"},{"speaker":"Tim Montague","startTime":3043.9100000000003,"endTime":3048.59,"body":"that graphic and it takes just a"},{"speaker":"Tim Montague","startTime":3043.9100000000003,"endTime":3048.59,"body":"couple of minutes. If you fill"},{"speaker":"Tim Montague","startTime":3048.59,"endTime":3052.6400000000003,"body":"out the survey, I will send you"},{"speaker":"Tim Montague","startTime":3048.59,"endTime":3052.6400000000003,"body":"a lovely baseball cap with our"},{"speaker":"Tim Montague","startTime":3052.6400000000003,"endTime":3058.9100000000003,"body":"logo on it. The other thing I"},{"speaker":"Tim Montague","startTime":3052.6400000000003,"endTime":3058.9100000000003,"body":"want our listeners to know is"},{"speaker":"Tim Montague","startTime":3058.9100000000003,"endTime":3065.3,"body":"that this podcast is made"},{"speaker":"Tim Montague","startTime":3058.9100000000003,"endTime":3065.3,"body":"possible by corporate sponsors."},{"speaker":"Tim Montague","startTime":3065.63,"endTime":3069.4100000000003,"body":"We have chin power systems, the"},{"speaker":"Tim Montague","startTime":3065.63,"endTime":3069.4100000000003,"body":"leading three phase string"},{"speaker":"Tim Montague","startTime":3069.4100000000003,"endTime":3073.6400000000003,"body":"inverter manufacturer in North"},{"speaker":"Tim Montague","startTime":3069.4100000000003,"endTime":3073.6400000000003,"body":"America. So check out CBS"},{"speaker":"Tim Montague","startTime":3073.6400000000003,"endTime":3078.4700000000003,"body":"America, but we are very"},{"speaker":"Tim Montague","startTime":3073.6400000000003,"endTime":3078.4700000000003,"body":"actively looking for additional"},{"speaker":"Tim Montague","startTime":3078.4700000000003,"endTime":3083.6600000000003,"body":"support to make this show work."},{"speaker":"Tim Montague","startTime":3078.4700000000003,"endTime":3083.6600000000003,"body":"And you see here our media kit."},{"speaker":"Tim Montague","startTime":3084.1400000000003,"endTime":3087.8,"body":"With all the sponsor benefits"},{"speaker":"Tim Montague","startTime":3084.1400000000003,"endTime":3087.8,"body":"and statistics about the show."},{"speaker":"Tim Montague","startTime":3087.8,"endTime":3091.3700000000003,"body":"You know we're dropping two"},{"speaker":"Tim Montague","startTime":3087.8,"endTime":3091.3700000000003,"body":"episodes a week. We have now"},{"speaker":"Tim Montague","startTime":3091.3700000000003,"endTime":3095.7200000000003,"body":"over 320,000 downloads on"},{"speaker":"Tim Montague","startTime":3091.3700000000003,"endTime":3095.7200000000003,"body":"YouTube, and we're getting about"},{"speaker":"Tim Montague","startTime":3095.7200000000003,"endTime":3100.7300000000005,"body":"45,000 downloads per month. So"},{"speaker":"Tim Montague","startTime":3095.7200000000003,"endTime":3100.7300000000005,"body":"this is a great way to bring"},{"speaker":"Tim Montague","startTime":3100.7300000000005,"endTime":3104.15,"body":"your brand to our list."},{"speaker":"Tim Montague","startTime":3100.7300000000005,"endTime":3104.15,"body":"listeners and our listeners are"},{"speaker":"Tim Montague","startTime":3104.15,"endTime":3107.63,"body":"decision makers in clean energy."},{"speaker":"Tim Montague","startTime":3104.15,"endTime":3107.63,"body":"This includes projects"},{"speaker":"Tim Montague","startTime":3107.63,"endTime":3113.21,"body":"executives, engineers, finance,"},{"speaker":"Tim Montague","startTime":3107.63,"endTime":3113.21,"body":"project management, and many"},{"speaker":"Tim Montague","startTime":3113.21,"endTime":3117.8300000000004,"body":"other professionals who are"},{"speaker":"Tim Montague","startTime":3113.21,"endTime":3117.8300000000004,"body":"making decisions about and"},{"speaker":"Tim Montague","startTime":3117.86,"endTime":3121.8500000000004,"body":"developing, designing,"},{"speaker":"Tim Montague","startTime":3117.86,"endTime":3121.8500000000004,"body":"installing and making possible"},{"speaker":"Tim Montague","startTime":3122.1200000000003,"endTime":3128.21,"body":"clean energy projects. So check"},{"speaker":"Tim Montague","startTime":3122.1200000000003,"endTime":3128.21,"body":"out cleanpowerhour.com both our"},{"speaker":"Tim Montague","startTime":3128.21,"endTime":3133.3100000000004,"body":"listener survey on the about us"},{"speaker":"Tim Montague","startTime":3128.21,"endTime":3133.3100000000004,"body":"and our media kit and become a"},{"speaker":"Tim Montague","startTime":3133.3100000000004,"endTime":3137.96,"body":"sponsor today. Thank you so"},{"speaker":"Tim Montague","startTime":3133.3100000000004,"endTime":3137.96,"body":"much. Let's go solar and storage"}]}