Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 5143) to authorize the Secretary of Energy to establish monetary prizes for achievements in overcoming scientific and technical barriers associated with hydrogen energy, as…
Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 5143) to authorize the Secretary of Energy to establish monetary prizes for achievements in overcoming scientific and technical barriers associated with hydrogen energy, as amended.
Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days to revise and extend their remarks and to include extraneous material on H.R. 5143, as amended, the bill now under consideration.
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, I rise in support of H-Prize, an exciting opportunity to do for hydrogen what the X Prize did for entrepreneurial space flight. First of all, it is important for us to get a handle on what our need is, why it is that we are aiming at hydrogen, why we must accelerate the drive for hydrogen.
Probably a picture is worth a thousand words. So here is a picture of a gas line in China. As you can see, if that is the future, our addiction to oil becomes a significant problem for us.
ExxonMobil predicts in their energy report at the end of last year that global energy demand will grow by 60 percent between now and 2030. The challenge, of course, for us in that is that that increase in global energy demand will necessitate a 40 percent increase in OPEC oil production. Even if they have got it, do we really want to be that much more dependent on countries in OPEC?
So the idea is to figure out a way to break our addiction to oil, to move away from this dependence that we are currently in.
The Ansari X PRIZE did for entrepreneurial space flight what the H- Prize can do for hydrogen. As you know, Burt Rattan's spaceship won, became the first private spaceship in commercial use and flew within 2 weeks successfully and back to the Earth. That is the idea; that is the model that we are using here in the H-Prize.
The H-Prize would basically set up three categories of prizes. The first is an every-other-year $1 million prize for breakthroughs in production, storage, distribution and utilization of hydrogen. Every other year, as well, we would issue a prize of $4 million for breakthroughs in prototypes. And
then, within 10 years, a $10 million prize for the team that can transform from well to wheels essentially, or as one of our colleagues pointed out, from water to wheels, if you are thinking about splitting water to create hydrogen. That team that can do that transformation would win a $10 million prize, augmented, we hope, by up to $40 million worth of private money that would be added to the prize amount. That private money would be matched dollar for dollar to the venture capital that was raised by the team that does the transformation.
So it is a way of testing the teams' ability to get us all the way to the government's objective, which is not to declare a winner in a science project, but rather, to get all the way to the marketplace. So if a team can do it, if they can break us through to the hydrogen economy, they would get the $10 million, but then they would get a dollar-for-dollar match of up to $40 million if we can raise that private money for their venture capital. And so they would have $50 million to get to the marketplace.
Now, along the way, we have had helpful suggestions from various members of the committee and other Members not on the committee. And it is true that there are other competing technologies. For example, a breakthrough in better batteries could supplant hydrogen. Better solar cells could replace or win out in this race to the fuel of the future. Those, I see, as the three big competitors: hydrogen, solar cells and then better batteries.
What we hope to do in the H-Prize is incentivize the breakthroughs, the creativity that can get us to a hydrogen economy. Along the way I think I am hearing from other Members of Congress about possible other prizes that would incentivize perhaps solar or perhaps better battery technology.
I think it makes sense to have prizes because the beauty of prizes, as we heard from Peter Diamondes, the founder of the X Prize, is, of course, if nobody wins, you don't pay the prize money. So the government basically gets the research done for free until somebody meets the metrics of the prize, and then we award the prize money. So I am very supportive of other prizes.
It is also true that it has worked before. We have actually done prizes in the past. In fact, the transcontinental railroad essentially had some prizes in it, both dollar-per-mile for the railroad companies rewarded by the Congress, appropriations from this body, and also a great deal of land that was offered to the railroads if they could do this, if they could complete the transcontinental railroad.
And, of course, the thing that I think we all need to be aware of is that this was done in 6 years. The transcontinental railroad was begun in 1863, completed in 1869. And you know, there was a lot going on during that time period. In fact, there was the Civil War under way. But the United States, with the support of the U.S. Congress, united east and west within 6 years. We can, because we have done it before.
Now, in 1927 Charles Lindbergh won a prize for being the first to successfully go in a transcontinental flight across the Atlantic Ocean. That is a transatlantic flight over the Atlantic Ocean. And that prize incentivized him and caused him to go for it. There was a lot of risk involved in that, but he won it; and the face of aviation was changed because of it.
So I submit to my colleagues here today that hydrogen is not as far away as we think it is. When we hear people talking about 10, 20, 30 years away, particularly when they get into the 30 kind of time frame, most Americans start putting that way on the back burner and maybe even off of the stove. But it really is not that far away if we get with it.
And the final example I would use for that is when President Kennedy announced in 1961 his goal of getting to the Moon before the decade was out, we did it in 1969. Within 8 years, the mission was accomplished.
It is important to remember that that mission was accomplished using slide rules, not the computers that we have today. So with the capabilities we have today, there is every reason to believe we can break through if we would but just get with it. And I look forward to the debate from colleagues who will share this view that we can get there faster than we think.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, with great appreciation for his skill and efficiency in moving the H-Prize through the committee, I am very happy to yield 5 minutes to the distinguished chairman of the Science Committee, Mr. Boehlert.
(Mr. BOEHLERT asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I yield 2\1/2\ minutes to the distinguished gentleman from Pennsylvania (Mr. Dent), who is a cochair of the House Hydrogen and Fuel Cell Caucus.
Mr. Speaker, I yield 2 minutes to my colleague from South Carolina (Mr. Barrett), whose district has one of the keys to this hydrogen future, Savannah River National Lab.
Mr. Speaker, I yield myself the balance of my time.
Mr. Speaker, first I would like to thank Mr. Lipinski for his cooperative spirit and very helpful comments along the way. Mr. Lipinski is our chief cosponsor and someone who has improved the bill as it has worked its way through the process. Perhaps that is because of a pleasant personal relationship and also my respect for his expertise that made it easy for him to work with us, and I appreciate the work that he did to improve the bill.
Along the way we did make improvements through the committee process, and I appreciate the cooperative way that Mr. Lipinski and others on the Democratic side of the aisle worked with us in the committee. The result is a better bill and I am very appreciative of that.
Also, Mr. Speaker, I will introduce for the Record letters in support of the H-Prize from the National Hydrogen Association, the Hydrogen Advisory Council, the U.S. Fuel Cell Council, SAE International, Shell Hydrogen, BMW, General Motors, Air Products and Chemicals, Inc., Enertech Capital, Ion America, Tiax LLC, Protium Energy Technologies, and professors from USC Davis and Purdue.
Mr. Speaker, I would also like to recognize the great work of our folks on the committee, particularly David Goldston was extremely helpful in making all this happen. He works closely with Chairman Boehlert. I also want to thank Mr. Gordon and, again, Mr. Lipinski and other members of our staff that made it possible for us to get this quickly to the House floor.
Let me close with this: We have an opportunity to solve America's challenge in energy. It is a Republican problem. It is a Democratic problem. It is an American problem. The good news is, it can have an American solution.
This is an opportunity for a triple play. If we do this right, we can improve our national security by ending our dependence on foreign oil. We will still use foreign oil; of course, we will use oil for a long time, but we can move away from the dependent state that we are in now, dependent on places that are very unstable. So it is an opportunity to improve our national security.
It is also, secondly, an opportunity to create jobs and economic development, because if we can reinvent the car, imagine the jobs we can create.
And then, third, for the third part of the triple play is an opportunity to clean the air. Because whether it is an internal combustion engine, the way that BMW intends to do it, or a fuel cell, the way that General Motors intends to do it, the only emission out of the back of the car is water. We want to incentivize those breakthroughs.
There are some technological hurdles ahead, but with an H-Prize, with the incentive from the Federal Government and the support of the Federal Government saying we are going to do this, we are going to get there, I believe that we will summon the creativity of inventors and investors out there in America and around the world to try to win this prize, and in the process, America will win with a triple play.
Mr. Speaker, the letters I referred to previously are as follows:
Hydrogen Advisory Council,
May 8, 2006.
Representative Bob Inglis,
Cannon HOB,
Washington, DC.
Dear Congressman Inglis: On behalf of the Hydrogen Advisory
Council, I want to congratulate you on the movement of H.R.
5143, the H-Prize Act of 2006, through the House Science
Committee. We look forward to working with your office in the
near future to move this crucial legislation to the
President's desk.
As you know, the U.S. spent almost $250 billion on oil in
2005 and 25% of America's trade deficit currently comes from
importing oil. These staggering numbers combined with growing
instability in the world's oil producing regions is very
concerning, and the need for a domestic solution to the
nation's future energy needs has never been more apparent.
We believe that the solution is hydrogen. Not only does
hydrogen provide a clean and renewable source of energy for
the U.S., it will help create thousands of new jobs and
enhance our national security.
The H-Prize will help move the nation towards this goal. By
incentivizing key breakthroughs in hydrogen technology,
storage, production, and distribution, the H-Prize Act of
2006 will help speed the hydrogen economy to fruition.
Furthermore, the H-Prize will do this in a fiscally
responsible way by only awarding prize monies to technologies
that reach set performance metrics and by leveraging a
combination of federal dollars and private-sector investment
without impeding natural market forces.
The Hydrogen Advisory Council fully supports the H-Prize
Act of 2006 and will do all it can to assure its future
passage and utilization. Thank you again for your continued
leadership on hydrogen policy.
Cordially,
Robert S. Walker,
Chairman, Hydrogen Advisory Council.
Mr. Speaker, I yield back the balance of my time.