METEOROLOGIST TWEETED ABOUT THE
RECORD HEAT WAVE HITTING THE
CONTINENT STRAIGHT IN THE FACE
RIGHT NOW.
THERE'S AN AREA IN FRANCE THAT
SAW A RECORD HIGH OF 105.6
DEGREES FAHRENHEIT AND THE
COUNTRY COULD SEE TEMPERATURES
AS HIGH AS 110 DEGREES BY
TOMORROW.
THAT IS VERY UNUSUAL.
PUBLIC HEALTH WARNINGS ALSO IN
EFFECT IN BELGIUM, ITALY AND
SWITZERLAND.
WHILE SOME GOVERNMENTS ARE SLOW
TO ACT, SOME BUSINESSES ARE
SAYING WAIT A MINUTE, WAIT A
MINUTE, WE CAN DO THIS AND MAKE
MONEY.
NETPOWER IS A PARTNERSHIP OF
FOUR ENERGY AND INFRASTRUCTURE
COMPANIES, INCLUDING EIGHT
RIVERS CAPITAL, WHICH HAS
DEVELOPED THE WORLD'S FIRST
EMISSIONS-FREE NATURAL GAS
POWERED PLANT CURRENTLY BEING
DEMONSTRATED AT A FACILITY IN
TEXAS THAT PROMISES 100% CARBON
CAPTURE.
EIGHT RIVERS CEO AND PRESIDENT
BILL BROWN, A BUSINESSMAN WHO IS
PASSIONATE ABOUT THIS, JOINS US
FROM THE ASPEN IDEAS FESTIVAL,
WHERE HE WILL BE ON A CLIMATE
CHANGE PANEL FRONT AND CENTER
TOMORROW.
LET ME FIRST GET YOUR GUT
REACTION ABOUT LAST NIGHT'S
DEBATE.
DO YOU THINK THAT IT SHOULD HAVE
HAD MORE OF A CENTRAL DISCUSSION
HERE?
>> ABSOLUTELY.
I THINK THE MAJORITY OF
AMERICANS THINK THAT CLIMATE
CHANGE IS A PROBLEM.
ONE OF THE PROBLEMS WHEN PEOPLE
GET TOO DEEP INTO CLIMATE CHANGE
IS THEY START COMING UP WITH
THEIR OWN VARIETY OF SOLUTIONS
FOR IT.
THE FACT IS, WE JUST SIMPLY NEED
TO FOCUS ON SOLVING THE PROBLEM.
WE NEED TO FOCUS ON THE
DESTINATION.
ANY WAY WE GET THERE IS A GREAT
WAY.
LIZ: OKAY.
YOU'RE ON THE WAY OR SO YOU SAY
YOU ARE.
LET'S HEAR ABOUT YOUR 100%
CARBON CAPTURE, MEANING NO
EMISSIONS, POWER PLANT THAT YOU
HAVE DEVELOPED THAT YOU SAY USES
FOSSIL FUELS, NATURAL GAS, BUT
NO RELEASE OF EMISSIONS.
>> NO RELEASE OF EMISSIONS.
WE BASICALLY JUST STARTED WITH A
CLEAN SHEET OF PAPER.
WE THOUGHT WHAT HAPPENS IF WE
JUST FOCUSED ON CAPTURING THE
CO2, THE PRIMARY GOAL, AND
PRODUCING ELECTRICITY AS A
SECONDARY GOAL.
WHEN WE DID THAT, WE USED PRETTY
MUCH THE SAME LEGO BLOCKS BUT WE
PUT THEM TOGETHER DIFFERENTLY.
THE VERY CORE OF WHAT WE DID IS
WE GOT RID OF SOMETHING REALLY,
REALLY OLD AND THAT'S COAL
STEAM, AND WE ARE USING CARBON
DIOXIDE INSTEAD TO DRIVE OUR
TURBINE.
WE TURNED THE PROBLEM INTO THE
SOLUTION.
LIZ: IT'S CALLED THE ALLEN
CYCLE.
WE HAVE AN ANIMATION RIGHT NOW
ON THE SCREEN.
WE FIND THIS REALLY INTERESTING,
BECAUSE MOST IMPORTANTLY AS A
BUSINESS NETWORK, WE TALK ABOUT
THE GREEN AS IN THE GREEN NEW
DEAL BUT WE ALSO TALK ABOUT
GREEN AS IN MONEY.
TELL US ABOUT THE COST BECAUSE
PART OF THE PROBLEM WITH A LOT
OF THESE EFFORTS IN THEIR EARLY
STAGES IS THEY ARE EXPENSIVE,
WHETHER IT'S SOLAR OR WHATHAVE
YOU.
>> ABSOLUTELY.
THE PROBLEM IS THAT MOST
SOLUTIONS TO PROBLEMS ARE
INCREMENTAL.
THEY JUST START OFF ON ADDING
SOMETHING ON TO A SYSTEM, MAKING
IT MORE EXPENSIVE.
AS I SAID, WE STARTED WITH A
CLEAN SHEET OF PAPER.
OUR GOAL WAS NOT ONLY TO MAKE IT
CLEAN, BUT ALSO CHEAPER.
WE WANTED TO MAKE IT SO CHEAP TO
GO GREEN THAT YOU WOULDN'T THINK
ABOUT GOING DIRTY.
THAT WAY, WE COMBINED TWO GREENS
INTO ONE.
GREEN POWER AND MAKING IT CHEAP.
LIZ: OKAY, BUT IS IT CHEAPER?
CAN YOU SAY --
>> IT IS CHEAPER.
LIZ: MY BILL OR MY BUSINESS'S
BILL IS GOING TO GO DOWN?
>> YOUR BILLS WILL GO DOWN.
2.1 CENTS PER KILOWATT HOUR,
AIDED BY THE FACT WE ALSO SELL
SOME OTHER GENERATED GASES, BUT
OVERALL, THIS THING IS GOING TO
BE IN THE 2 CENT RANGE.
LIZ: HAVE YOU SOLD ANY OF THESE
SYSTEMS YET?
>> WE'VE GOT ONE WORKING DOWN IN
HOUSTON, TEXAS RIGHT NOW.
WE'RE WORKING ON SITES ALL
AROUND THE WORLD.
NEW ZEALAND, ABU DHABI, LONDON,
ALL OVER THE UNITED STATES.
LIZ: WELL, YOU KNOW WHAT, THOSE
ARE SOME BIG OIL AREAS,
ARE SOME BIG OIL AREAS.
I'M SO INTERESTED TO SEE HOW
THIS PLAYS OUT, BECAUSE IT SEEMS
LIKE YOU ARE APOLITICAL.
YOU ARE MORE OF A BUSINESSMAN
WHO IS TRYING TO MAKE THIS WORK.
>> ABSOLUTELY.
ONE THING I LEARNED, WITH ALL
DUE RESPECT TO POLITICIANS, THEY
DO WHAT THEY DO, I DO WHAT I DO.
WHAT I DO IS I FIGURE OUT HOW TO
MAKE MONEY AND GIVE PEOPLE WHAT
THEY WANT.