Thank you very much.
Thank you, Mr. Lashof, for joining us. I heard you speak at the NATO conference recently in Washington, and I was really interested in having your expertise.
My office has paid very close attention to the proposal for the IRA, the haggling that went on and the negotiations. Something I've always found in my many years of public service—I had dark hair when I first came here—is that when you bring forth legislation it's like pushing a mountain. If the mountain moves two inches or a foot, you think you've exceeded all expectations, yet within 12 months of the IRA the numbers we're seeing are staggering. You mentioned something over $200 billion in private sector investment. We've talked a bit about offshore wind, but the offshore wind projects that are already up in Martha's Vineyard and Rhode Island will be powering 600,000-plus homes.
How important do you think the IRA is in terms of driving a new economy, creating new jobs and addressing the climate catastrophe that is unfolding all around us as we speak?