What Have We Learned One Year Since the Texas Freeze? | Timothy Fitzgerald, Ph.D.

Hold These Truths with Dan Crenshaw

Dan Crenshaw

Politics, Energy, Healthcare, News, World, Society & Culture, Regulations, Finance, America, Freedom

4.6 • 16K Ratings

🗓️ 3 February 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

As Texas approaches the one year anniversary of the polar vortex that crashed the state's energy grid for days, we're joined by energy expert Timothy Fitzgerald, Ph.D. to examine what's been done to prevent a blackout at this scale from ever happening again.

1:30 - Fundamental problems that led to the blackout

7:00 - Increasing Texas' minimum capacity for baseload energy

15:00 - Debunking Democrat myths: Would Texas be better off if it was connected to the national grid?

17:30 - Debunking Democrat myths: Would the blackout have been prevented if Texas had more diversity in it's energy supply?

18:20 - Debunking Democrat myths: Did climate change cause the blackout?

19:15 - What have state agencies and the Texas legislature done to fix the grid problems?

23:45 - The Berkshire-Hathaway proposal to build emergency use gas plants

25:15 - Comparing the tradeoffs between gas, nuclear, and renewable sources of energy

28:00 - The production tax credit on wind and how it's different from other energy tax credits

30:45 - The problems with wind turbines

33:45 - Debunking Democrat myths: Would an oil export ban lower the price of gasoline?

Timothy Fitzgerald, Ph.D. served as the Chief International Economist at the Council of Economic Advisors (CEA) under President Trump , as well as the Senior Economist covering energy and the environment. Dr. Fitzgerald was the Chief International Economist during the USMCA negotiations. He is a professor of business economics at the Rawls School of Business at Texas Tech.

Transcript

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0:00.0	We hold these truths to be self-evident.
0:02.0	That all men are created.
0:04.0	As a member of Congress, I get to have a lot of really interesting people in the office.
0:07.2	Experts on what they're talking about.
0:09.2	This is the podcast for insights into the issues.
0:11.6	China, bioterrorism, Medicare for all, in-depth discussions.
0:16.0	Breaking it down into simple terms.
0:18.0	We hold these truths with Dan Crenshaw.
0:24.0	Welcome back everybody.
0:25.2	Today, I want to talk about the Texas Freeze.
0:28.0	We're about a year out from the anniversary of that very significant and unique cold events here in Texas.
0:38.0	Throughout much of the south actually.
0:40.0	I want to know what we've done to fix it since then.
0:44.0	What caused it in the first place.
0:46.0	Help us with that conversation.
0:48.0	Timothy Fitzgerald is with us today.
0:50.0	Tim, thanks for being on the show.
0:52.0	Thanks for having me.
0:54.0	I'll read a little bit about your biolid professor or business economics at the roles of school of business at Texas Tech.
1:00.0	I'd rather want to take a step.
1:02.0	Does the Chief International Economist, the Council of Economic Advisors under President Trump as well as the senior economist covering energy and the environment?
1:10.0	You are actually the Chief International Economist during the USMCA negotiations representing the US at the OECD in Paris as well.
	...

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