The Carbon Reduction Paradox: Why Do Some Oppose Nuclear Energy? with Neil Chatterjee

Truth with Vivek Ramaswamy

Vivek Ramaswamy

Business, News, Government

4.7 • 1.2K Ratings

🗓️ 25 April 2023

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of The Vivek Show, host Vivek Ramaswamy explores the paradox of carbon reduction advocates opposing nuclear energy and discusses the complexities of US energy policy with guest Neil Chatterjee, former Chairman of the Federal Energy Regulatory Commission (FERC). They delve into FERC's role in overseeing competitive wholesale power markets, the challenges faced by differing state policies on decarbonization, and the consequences of shutting down coal plants on communities. The conversation covers the role of public policy and market forces in shaping the energy landscape, touching on the controversial topic of carbon capture pipelines and the potential for fostering nuclear energy without subsidies. Throughout the episode, Ramaswamy and Chatterjee engage in a thought-provoking discussion on the future of US energy policy and the potential for reforming key regulatory agencies. -- Donate here: https://t.co/PE1rfuVBmb For more content follow me here: Twitter - @VivekGRamaswamy Instagram - @vivekgramaswamy Facebook - http://facebook.com/VivekGRamaswamy Truth Social - @VivekRamaswamy Rumble - @VivekRamaswamy -- Indranil "Neil" Chatterjee is a prominent American lawyer, political advisor, and former member of the Federal Energy Regulatory Commission (FERC). He served twice as FERC Chairman, from August 10, 2017, to December 7, 2017, and October 24, 2018, to November 5, 2020. Prior to FERC, Chatterjee was an energy policy advisor to United States Senate Majority Leader Mitch McConnell and held roles with the United States House Committee on Ways and Means, and the National Rural Electric Cooperative Association. Throughout his career, he has been committed to shaping balanced energy policies that promote both energy production and environmental stewardship. -- Time-codes: 00:00:00 - Mystery of carbon reduction advocates not supporting nuclear energy 00:01:19 - Possible anti-growth agenda in the US 00:02:53 - Introduction of guest Neil Chatterjee 00:08:21 - Structure of FERC for independent judgment 00:09:37 - Constitutionality concerns over independent agencies 00:11:59 - Oversight and nomination process reining in radical FERC agenda 00:16:12 - FERC's role in competitive wholesale power markets 00:17:58 - Implementation of a minimum offer price rule 00:20:56 - Reversal of the minimum offer price rule after 2020 election 00:34:36 - Vivek questions the need for a top-down energy transition 00:36:19 - Neil's support for solar plus storage 00:38:57 - Impact of shutting down coal plants on communities 00:40:41 - Neil's opposition to burdensome EPA regulations 00:43:50 - Vivek's skepticism on government-subsidized carbon capture pipelines 00:44:53 - Biden administration's clean energy transition and transmission line challenges 00:46:20 - Opposition to energy infrastructure built near homes 00:52:06 - Bilateral contracting in energy markets 00:53:07 - Roles of RTOs and ISOs in energy markets 00:56:49 - Fostering nuclear energy without subsidies and private capital's role 00:57:38 - Public Utility Commission's role in evaluating utility rates 00:58:38 - Challenge of short-term thinking for long-term energy projects 01:01:04 - Vivek's proposal for a new nuclear energy regulatory agency Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Here's one of the great unanswered mysteries about the modern climate cult in America.
0:13.0	On one hand, they say that carbon emissions are the enemy,
0:17.0	that carbon itself is the enemy.
0:19.0	Carbon is the source of global climate change, which, the way in the 1970s was supposed to be an ice
0:27.1	age that was coming. About 40, 50 years later, it's now the opposite.
0:30.7	It's global warming that's going to destroy the planet. And so you would think
0:34.8	that a movement so committed to reducing carbon emissions, applying net zero standards by 2050.
0:42.7	Scope three emissions caps across the economy.
0:46.3	A call on all of us to use less carbon in our daily way of life.
0:50.6	You would think that this movement would embrace the best known form of carbon-free energy production known to mankind.
1:00.7	That is nuclear energy. And yet you see a paradox.
1:04.0	Many of the very people who are pushing the anti-carbon agenda in the United States
1:10.0	are exactly the same folks who are also staunchly opposed to nuclear energy.
1:16.4	Now why is that?
1:17.4	There's a couple things going on here.
1:19.4	First is I say many of the same people, who is that?
1:21.8	It's actually the federal government
1:22.8	itself the same federal government today the Biden administration that is hostile to
1:26.7	drilling for oil to drilling for to fracking for natural gas to producing fossil
1:31.4	fuels in the United States is perfectly fine with shifting that production
1:34.3	to other places in the world, but they are also the administration that continues to adopt a hostile
1:39.7	anti-nuclear policy and anti-nuclear regulatory regime in the United States. Why is that? nuclear an anti-growth agenda in the United States itself, an agenda that says that part of the problem
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Vivek Ramaswamy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vivek Ramaswamy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.