2/2: #The Second Term plan: 2/2: #Energy: Now the Administration seeks a windfall tax on oil and gas enterprises.: 2/2: #Energy: Fraught. Richard A Epstein, @RichardAEpstein, @HooverInst, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institutio
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 25 June 2023
⏱️ 15 minutes
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2/2: #The Second Term plan: 2/2: #Energy: Now the Administration seeks a windfall tax on oil and gas enterprises.: 2/2: #Energy: Fraught. Richard A Epstein, @RichardAEpstein, @HooverInst, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School. (Originally posted May 23, 2022)
https://www.hoover.org/research/all-wrong-moves-energy-markets
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| 0:30.0 | This is CBS Eye in the World. |
| 0:36.0 | I'm John Bachelors. |
| 0:37.6 | The Green Revolution, the transfer of energy sources from fossil fuel based to renewable based. |
| 0:45.4 | That is a large topic that dominates the Biden administration and the IPCC at the UN and the meeting of our allies in Glasgow last year. |
| 0:56.8 | What is to be done? |
| 0:58.1 | I welcome Professor Richard Epstein of the Hoover Institution, looking very carefully first at the national picture. |
| 1:05.0 | And then at the global picture of this ambition to move away from fossil fuels as fast as possible, |
| 1:12.4 | given the timeline we're given on global warming and towards renewables. |
| 1:17.2 | But in the same time, we have to take into account the pandemic has left the world's global, the world's recovery very much endowed. |
| 1:27.3 | And then we have the war in Ukraine limiting fossil fuel sources that exist in Europe. |
| 1:34.5 | And the Biden administration looking for alternative sources, however, Professor are very good even to you. |
| 1:40.6 | Thank you for this. |
| 1:41.8 | One of the alternative sources that the Biden administration has examined in their conversation is to allow the use of federal lands for leasing on fossil fuel extraction. |
| 1:55.9 | That's just one thing they've recommended. |
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