Speaker 1: Bill Cunningham, the Great American. Of course, the market, the
Speaker 1: fluctuations are unbelievable. Up down, thousand points there, two thousand
Speaker 1: points there. And it's going to be a belly match
Speaker 1: between Jijao Ping on one hand, maybe the Big Show
Speaker 1: on one hand, and then the Andra Andre the Giant
Speaker 1: on the other. You got ping Ge against Trump. Someone's
Speaker 1: got a back down. No one's going to back down.
Speaker 1: If they back down? What does it all mean? Joonan?
Speaker 1: You and I now Steve Gorm he's the executive director
Speaker 1: of the Climate Science Coalition of America, author of four
Speaker 1: books on energy, including the Great One, which is out
Speaker 1: available from any to see the Green Breakdown the coming
Speaker 1: renewable energy failure Steve Gorm And first of all, Steve,
Speaker 1: welcome again to the Bill Cunningham Show. And Steve, a
Speaker 1: lot of people would like to know with the green
Speaker 1: energy breakdown happening. I see windmills falling apart in New England.
Speaker 1: I see coal miners are happy in West Virginia. I
Speaker 1: see pipelines being now authorized. But one issue that has
Speaker 1: come to mind is all these tariff The tariff war
Speaker 1: is going on. You have said that these tariffs specifically
Speaker 1: will hammer green energy. Can you explain that to the
Speaker 1: American people.
Speaker 2: Yeah, it's really amazing what's going on now. Not only
Speaker 2: we've talked about before the Trumpet executive orders that want
Speaker 2: to cut down green energy for this country. We also
Speaker 2: talked about Trump suspending all of the offshore wind leases
Speaker 2: for the offshore wind which affects ten states and affects California,
Speaker 2: Oregon on the west coast, ten states on the East coast.
Speaker 2: But now we have this tremendous tariff war going on,
Speaker 2: and this is really a big issue with green energy.
Speaker 2: And depending on when folks are listening to this, the
Speaker 2: United States has raised the tariffs on Chinese imports to
Speaker 2: over one hundred percent and China has just boosted the
Speaker 2: return dotory tariffs up to eighty four percent on US
Speaker 2: goods that are sold in China. So we have a
Speaker 2: tremendous war going on between the US and China. And
Speaker 2: there are some other angles to this as well. First off,
Speaker 2: a lot of this affects green energy, and that's because
Speaker 2: we import a lot of green energy components from China.
Speaker 2: China produces over eighty percent of the solar panels that
Speaker 2: come into the US, or they produce components, and China
Speaker 2: has been offshoring some of this to Vietnam and other places.
Speaker 2: But Trump's tariffs are also on Vietnam, and so we
Speaker 2: have solarselves. We have components for batteries that go into
Speaker 2: electric vehicles. China refines about sixty percent of the world's lithium,
Speaker 2: eighty percent of the cobalt, ninety percent of the manganese
Speaker 2: and east go into electric vehicle batteries, and also the
Speaker 2: batteries that are going the grid scale batteries that California
Speaker 2: and New York and some other states want to put
Speaker 2: into place as well. So it's just a tremendous impact.
Speaker 2: We also have these tariffs affecting Europe, and many of
Speaker 2: the wind turbines that want to go off the East
Speaker 2: Coast are coming from a European suppliers and those are
Speaker 2: going to be hit with twenty percent or so. So
Speaker 2: really a tremendous impact on renewables. Whereas you know, we
Speaker 2: can remain the biggest producer of natural gas, of petroleum,
Speaker 2: of one of the bigest producers of coal in the world.
Speaker 2: These things are US produced, and so the price difference
Speaker 2: between hydrocarbons and renewables is going to get very, very big.
Speaker 1: And Steve Gorma, I live in the Midwest, and whether
Speaker 1: it's Ohio or Indiana, because we're largely flat because of
Speaker 1: the ice bar at the Ice Age about fourteen thousand
Speaker 1: years ago, it scraped the land flat. So Indian, Ohio,
Speaker 1: many parts of Michigan have these huge wind turbines, and
Speaker 1: these things when they break down without a large battery
Speaker 1: storage system, these things don't work at all when the
Speaker 1: wind doesn't blow. The energy must be stored. One of
Speaker 1: the things that's always perplexed me off the East Coast
Speaker 1: is out the environmentalists always cried about the whales and
Speaker 1: the dolphins are being affected because of pollution, and all
Speaker 1: of us are against pollution. Not too many of us
Speaker 1: are in favor of a green energy future because of
Speaker 1: the expenses. Can you explain why the environmentalist off New
Speaker 1: England suddenly find wind turbines which are gigantic. These things
Speaker 1: are not like a windmill. These things are unbelievable in
Speaker 1: size that have killed literally millions of marine animals over
Speaker 1: the past ten years. And now they're breaking down and
Speaker 1: there's no parts available, and the parts have become available
Speaker 1: are too expensive. China has us in a bad position
Speaker 1: when you talk about lithium and cobalt. Why don't the
Speaker 1: environmentals care so much about whales and dolphins killed by
Speaker 1: their green energy future. They don't seem to care.
Speaker 2: Yeah, I think the environmental groups have sold their sold
Speaker 2: their souls to the superstiti of men made global warming.
Speaker 2: You're right. Back in nineteen fifties, nineteen sixties, nineteen seventies,
Speaker 2: it was save the whales. It was, you know, let's
Speaker 2: talk about the oceans and the environment and real pollution.
Speaker 2: But the theory of climatism or the ideology of climatism,
Speaker 2: has really become front and center for every environmental group.
Speaker 2: And now they're even willing to trade off birds and
Speaker 2: eagles that are that are chopped up by wind turbans,
Speaker 2: impact on whales off the coast. Those things are now
Speaker 2: secondary to global warming. It's very, very unfortunate, and I
Speaker 2: think that's one of the reasons why mister Trump doesn't
Speaker 2: like wind turbines and why he sees put a block
Speaker 2: on the licenses off the East coast. But we're just
Speaker 2: going to see this industry really really hammered. And it's
Speaker 2: not only the tariffs, but Trump administration has been cutting
Speaker 2: a US climate policy throughout his organization. He's basically told
Speaker 2: NASA that you're going to concentrate on space. Isn't that refreshing? Yes,
Speaker 2: because NASA was doing a lot of climate stuff. Noah
Speaker 2: is reducing head count. They have about thirteen thousand personnel,
Speaker 2: they're cutting about two thousand, and a lot of those
Speaker 2: are tied to climate things. The EPA under Lee's Eldon
Speaker 2: is cutting a lot of staff also tied to climate,
Speaker 2: and the Federal Energy Management Agency is cutting staff that
Speaker 2: have been doing work on climate change. So just tremendous
Speaker 2: top to bottom shifts in the administration.
Speaker 1: Well, we have Donald Trump wanting to save the whales
Speaker 1: and the Democrats want to kill them. Now, another issue
Speaker 1: is Pete Hegseth. You have a great column post at
Speaker 1: Steve gorm about the new Secretary Department of Defense, and
Speaker 1: I saved the club. I'm gonna play it later about
Speaker 1: Lloyd Austin sitting there and General Mark Milly. They're sitting
Speaker 1: there about two years ago and one of the Republican
Speaker 1: Senators said Secretary Defense Lloyd Austin, who by the way,
Speaker 1: was a lobbyist for Raytheon. But that's a different issue.
Speaker 1: What are the two or three biggest issues facing the
Speaker 1: American military? So I would thought, you know, the biggest
Speaker 1: issues are like China, about space, about the incapability we
Speaker 1: have of producing our own batteries to fuel maybe the
Speaker 1: electrical grid. No, No, the biggest number one issue was
Speaker 1: white supremacy in the military, and the number two issue
Speaker 1: was climate change identification then mitigation. We have like seven
Speaker 1: hundred military bases in one hundred different countries, and so
Speaker 1: the Secretary Defense and the Chairman of the Joint Chief said,
Speaker 1: we go into a military base, identify how we're inflicting
Speaker 1: ourselves upon the environment, and by doing so, we come
Speaker 1: up with a mitigation plan. So American military base, which
Speaker 1: is there to guard the natives, shall we say, whether
Speaker 1: in Europe or Asia or Africa from being invaded or what.
Speaker 1: The biggest thing is not the well being of the soldiers,
Speaker 1: but we have to identify climate change, and then we
Speaker 1: have to mitigate and spend billions of dollars making sure
Speaker 1: that our military bases are conversant with the demands of
Speaker 1: Greta Thunberg. Can you explain to me how that's possible
Speaker 1: for the American military.
Speaker 2: It's absolutely crazy, and this has been growing for a
Speaker 2: number of years now. Last month, the new Secretary of
Speaker 2: the Defense Department of Defense, Pete Hagsth wrote that the
Speaker 2: Department of Defense does not do climate change crap. We
Speaker 2: do training and war fighting. And so again a tremendous change.
Speaker 2: But this has been growing back since about since the
Speaker 2: Obama administration, about twenty ten. The Secretary of the Navy
Speaker 2: at that time, let's see Ray ABIs, He made a
Speaker 2: statement in twenty eleven that said, by no later than
Speaker 2: twenty twenty, at least half of the energy that the
Speaker 2: Navy uses, both afloat and the shore will come from
Speaker 2: non fossil fuel sources. And he called this the Great
Speaker 2: Green Fleet Initiative. And so the Navy spent literally almost
Speaker 2: one hundred billion dollars over a decade trying to They
Speaker 2: tried to do hybrid electric drive green destroyers, but then
Speaker 2: they found that they couldn't keep up with the carriers
Speaker 2: when they're running on those electric engines. And they tried
Speaker 2: to convert everything to biofuels, but the biofuel portion of
Speaker 2: the fuel cost fourteen dollars a gallon, about seven times
Speaker 2: as much as a diesel portion, and so it was
Speaker 2: a terrific failure. And by twenty twenty U twenty twenty two,
Speaker 2: if you exclude the nuclear carriers, less than one percent
Speaker 2: of the rest of the fuel came from biofuels, despite
Speaker 2: spending all these these billions. And then you know, but
Speaker 2: under the Biden administration, they were doubling down. And if
Speaker 2: you look at a climate report, there's a Climate Action
Speaker 2: two thirty plan from the Navy, and it was lauding
Speaker 2: things like these projects. They had one called the Mekong
Speaker 2: Delta Climate Research collaboration with the government of Vietnam, and
Speaker 2: then they had another one on California organic recycling and composting.
Speaker 2: This is the Navy, Navy, and so you got to say, well,
Speaker 2: how does this help Navy readiness? You know, it's just leaving.
Speaker 2: And not only the Navy, the Air Force wanted to
Speaker 2: do a sustainable aviation fuel and spend money on that
Speaker 2: for jets, and the Army, in a report called Army
Speaker 2: Climate Strategy Plan of twenty twenty two, called for taking
Speaker 2: all of the battlefield vehicles and making them electric, even
Speaker 2: the tanks.
Speaker 1: And you say an electric tank, electric tank? Are you
Speaker 1: kidding me? An electric tank?
Speaker 2: And not only that, they were developing battlefield chargers that
Speaker 2: they would carry out there and try and charge these
Speaker 2: these takes, you know, sitting on the battlefield were charging.
Speaker 2: I mean, it's just crazy. But Haig Seth is getting
Speaker 2: rid of all this stuff. Just another huge change to
Speaker 2: to get rid of this climate ethic that has inflate
Speaker 2: inflated all of our government.
Speaker 1: Now you have some great stats. The EV share was
Speaker 1: at eight percent and twenty twenty three up slightly from
Speaker 1: I'm sorry, twenty twenty four, EV sales fell nine percent
Speaker 1: without incentivizing and paying Americans through tax credits to buy
Speaker 1: the evs. How much better would we have been if
Speaker 1: we had gone to hybrids, which creates its own energy
Speaker 1: because of the rolling of the tires, and Toyota has
Speaker 1: bet on hybrids and hydrogen instead of this dream of
Speaker 1: a of a of a fossil fuel energy future. How
Speaker 1: much better off would we have been with hybrids. In fact,
Speaker 1: some Toyota's are on their mark with this.
Speaker 2: Yeah, hybrids are growing, they're actually doing better than pure
Speaker 2: plug in evs. But the problem is, you know, the
Speaker 2: United States and Europe they were offering incentives but only
Speaker 2: for pure plug in electric vehicles. This seventy five hundred
Speaker 2: dollars text credit. Europe was doing the same thing. And
Speaker 2: if you had a if you had a combustion engine
Speaker 2: in your car that burned gasoline, even if there's a hybrid,
Speaker 2: it's bad, bad news, you know. So again, the climate
Speaker 2: ideology was taking people away from what makes some sense.
Speaker 2: Just just another another bad set of policies. Uh.
Speaker 1: And lastly, I've heard you often say, Steve Gorm that
Speaker 1: the evs are worse for the environment than regular gasoline
Speaker 1: powered cars. Can you tell the American people why if
Speaker 1: you buy an EV bribed by the government to do it,
Speaker 1: that is a worse ecological decision than a gasoline powered car.
Speaker 2: Well, in other ways, you know, the government's been focused
Speaker 2: on getting rid of carbon dioxide emissions and that really
Speaker 2: doesn't hurt the environment. That's what's crazy. And EV is
Speaker 2: to produce a little bit less of that. But as
Speaker 2: you say, uh, they're producing you need all these metals
Speaker 2: that are mined and developing nations the ore, and then
Speaker 2: it goes to China for processing. So if we switch
Speaker 2: all our cars to evs and we're dependent on China
Speaker 2: for all the batteries and for all the metals, and uh,
Speaker 2: that would be not a good thing. And then and
Speaker 2: then you know, we have big areas of land. We
Speaker 2: acquire all this mining, huge amounts of land, and you
Speaker 2: have all this waste for metal production, and so you
Speaker 2: have big pollution issues with evs as well. Uh, it
Speaker 2: can be not okay, but not in China, not in
Speaker 2: the Democratic Republic of Congo where all these places are
Speaker 2: producing it right now. And now this big trade war
Speaker 2: is just going to shut all that down. Man. We
Speaker 2: just have a tremendous world in flux energy wise right now.
Speaker 1: All the liberals that buy the evs and Tesla I
Speaker 1: won't own an EV But nonetheless, I think about the
Speaker 1: thousands of kids on their hands and knees needs in
Speaker 1: the Congo actually digging for these products that are killing
Speaker 1: and destroying the lives of little black kids in the
Speaker 1: Congo to supply the base materials shipped off to China
Speaker 1: to have this battery technology. And you know, I thought
Speaker 1: liberals cared about minority kids. I thought liberals cared about
Speaker 1: especially little black children on their knees in the dark
Speaker 1: mining these exotic metals. But I guess liberals don't care
Speaker 1: or the media doesn't cover it. And if the government
Speaker 1: bribes you to purchase these evs, which I think that's
Speaker 1: over with now that maybe the media at some point
Speaker 1: will cover where these exotic materials come from and the
Speaker 1: cost to the natives living there, working in the dark
Speaker 1: and dying in caves by themselves because evs must have
Speaker 1: these exotic batteries. I've not seen one report anywhere what
Speaker 1: happens in the congo, you know what I'm saying.
Speaker 2: Yeah, it's been very very few. And then the flip side,
Speaker 2: not only the raw materials, but once the battery wears out,
Speaker 2: what do you do with it? Well, you can't recycle
Speaker 2: the thing. We've had like four recycling plants around the
Speaker 2: world that have ignited and gone up in flames over
Speaker 2: the last two or three years because these batteries self ignite.
Speaker 2: So you have a big problem with all these batteries
Speaker 2: piling up. You put them in landfills. You know, that's
Speaker 2: not such a good idea. It's very expensive to get
Speaker 2: the metals out of them, and then they're fire hazards
Speaker 2: as well. But you know, I think I think the
Speaker 2: world is stepping back from this a little bit, and
Speaker 2: we're putting a little bit of Brakes on. So maybe
Speaker 2: we're going to get back to some common sense again.
Speaker 1: Well Trump is all about common sense. We'll see what happens.
Speaker 1: But it's Steve Gorm. You may reach you. I think
Speaker 1: it's Steve Gorham G O. R. E. H A M.
Speaker 1: Dot com is not correct. Get all your books and
Speaker 1: all the information. The truth will set us free.
Speaker 2: Yes, and the copies there. Anyway, in Green Breakdown there's
Speaker 2: one hundred and forty colored sidebars and one of one
Speaker 2: of the funny ones is Britain's advice to stop showering
Speaker 2: to conserve energy, and so they're advising people to shower
Speaker 2: with a friend. But I have all these these sightbars
Speaker 2: in Green Breakdown. Are that make the book fun as
Speaker 2: well as informative?
Speaker 1: Well, you know, Steve, I think a lot of Bretts
Speaker 1: they have bad teeth and they stink and the food
Speaker 1: is terrible. Maybe I shouldn't say that, but I think
Speaker 1: two of those things are accurate. But Steve Gorm, once again,
Speaker 1: Steve Gorm dot com, Executive director of the Climate Science Coalition,
Speaker 1: thanks again for coming on the Bill Cunningham Show, Markets
Speaker 1: and Fluctuations. Eventually we're gonna end up in pretty good shape,
Speaker 1: but Steve, thank you very much. Thanks Bill, Let's continue
Speaker 1: with more. Bill Cunningham, the Great American, Live live at
Speaker 1: your home of the Reds and Moore News Radio seven
Speaker 1: hundred WLW