HOEVEN ADVOCATES FOR COMPREHENSIVE APPROACH TO ENERGY DEVELOPMENT IN ENERGY HEARING WITH DOE SEC. CHU

WASHINGTON, D.C. – Senator John Hoeven today advocated for a comprehensive approach to energy development in an Energy and Natural Resources Committee hearing at which Energy Secretary Steven Chu testified. Hoeven cited Chu’s visits to North Dakota, where he said the secretary had seen firsthand how the state is advancing energy development across all sectors.

“The concept we’ve employed [in North Dakota] is: let’s develop all of our energy resources, both traditional and renewable, let’s do it in a way that we create partnerships and synergies between them, let’s do it in a way where we incentivize new technologies to create more energy more dependably and more cost effectively with good environmental stewardship, and let’s build a legal, tax and regulatory environment with as much certainty as possible.”

“When I look at your budget, you really seem to be stepping into this situation where you’re picking winners and losers. You seem to be choosing, rather than this concept of let’s bring them all up together to create more jobs, grow this economy and work toward a clean energy environment where the new technologies drive better environmental stewardship in all of the different subsectors.”

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