.
>> I SIGNED THE THING CALLED
INFLATION REDUCTION ATHTHE
LEGISLATION WE HAVE GUYS
SINGLE LARGEST INVESTMENT IN
FIGHTING CLIMATE CHANGE IN
HISTORY WILL REDUCE NULL
CARBON EMISSIONS BY ONE
BILLION TONS BY 2030.
>> ADMITS A CLIMATE CHANGE
BILL PRESIDENT BIDEN
YESTERDAY, HE PLEDGED ONE
BILLION DOLLARS MORE IN U.S.
FUNDING FOR UNITED NATIONS
CLIMATE FUND, THIS ON THE SAME
DAY, A GROUP OF DEMOCRATS
REINTRODUCED THEIR SO-CALLED
GREEN NEW DEAL.
>> WE HAVE TO DELIVER GREEN
NEW DEAL VICTORIES THAT ARE
EMBEDDED IN DNA OF THE I.R.A.
THE GREEN NEW DEAL GIVES US
POWERFUL TOOLS, FOR CLIMATE
JUSTICE, BILLIONS IN THE
I.R.A. WIND, SOLAR ELECTRIC
VEHICLES OFFSHORE WIND
ENVIRONMENTAL JUSTICE.
MARIA: WELL CHERYL I KNOW IN
A PRIOR LIFE YOU WERE A
STEWARDES WORKING ON PLANES
HAD A REAL EXPERTISE WOULD
PLANES RUN ON WIND?
CHERYL: OR ELECTRICITY I AM
GOING WITH A NO.
FOR SURE, EVEN THOUGH THIS HAS
BEEN TALK ABOUT ACTUALLY
MAKING PLANES ELECTRIC, IN
SOMEBODY’S DREAM SOMEWHERE
ELSE HE THERE LOOK THE PROBLEM
WITH WHAT WE’RE SEEING COME
OUT OF WASHINGTON, WITH
BIDEN’S CONSTANT,CONSTANT PUSH
FOR GREENER ENERGY IS GOING
DOWNSTREAM, IN CITIES AND
STATES I WAS TALKING THIS
MORNING EARLIER ON THE NEWS
CHANEL ABOUT MICHIGAN 175 M
MILLION DOLLARS THEY HAVE
COMMITTED OF PUBLIC FUNDS
TAXPAYER MONIES TO HELP BUILD
AN EV PLANT GUESS WHO IS GOING
TO RUN OWNS THAT PLANT IN THE
CHINESE, MARIA, SO THIS IS
WHERE I MEAN THIS IS THIS
MASSIVE AMOUNT OF STIMULUS
PUSHING OUT CAUSED INFLATION
YOU ARE LOOKING AT IT ON
SCREEN CPI FROM MARCH ALL IS A
TRAIN THAT WILL NOT GET OFF
THE TRACKS, BY THE WAY, TRAINS
ALSO RUN ON FUEL.
MARIA: YEAH, EXACTLY
[LAUGHTER] TIANA I MEAN
DOESN’T MATTER THAT THE UNITED
STATES IS CURRENTLY ON ITS
BACK, BEGGING FOR MORE OIL.
TO BE PROUD, OUT OF PLACES
LIKE SAUDI ARABIA, AND
VENEZUELA TIANA, OIL PRICES
ARE BACK ABOVE 80 DOLLARS A
BARREL STILL PUSHING THIS
AMOUNT AT 77.69 BRENT AT 81.42
THEY WENT TO KILL FOSSIL
FUELS.
TIANA: LOOK AT HOW --
RESPONDED TO GROVELING
SLASHING GLOBAL OIL SUPPLY 4%
I DON’T KNOW WHY AOC WANT TO
DO ANYTHING ABOUT CLIMATE
CHANGE IN 2019 SHE SAID WE HAD
12 YEARS TO LIVE IF WE DON’T
DO IT BY MY CALLINGS, DOESN’T
SEEM ENOUGH TIME,
FUNDAMENTALLY UNCURIOUS
PACKAGE "MEDICARE FOR ALL"
FEDERAL JOBS GUARANTEE, THE
WAY THAT YOU KNOW NOT ABOUT
CLIMATE CHANGE AT ALL, IS THAT
IT DOESN’T HAVE ANYTHING TO DO
WITH NUCLEAR POWER WHICH IS
THE ONLY FEASIBLE WAY TO GET
BACK DEPENDS ON FOSSIL FUELS
LET ALONE PHASE THEM OUT.
MARIA: AOC, SAID 8 YEARS, I
MEAN THE WORLD IS GOING TO
COME TO AN END IN 8 EASIER,
BUT JOE BIDEN, STATE OF THE
UNION SAID WE WILL USE FOSSIL
FUELS FOR THE NEXT 10 YEARS.
TIANA: THEY ISSUE NOT ON SAME
PAGE BIDEN, AOC REPEATEDLY
UNDERCUTING JOE BIDEN MAKING
SPENDING WILLING TO COMMIT
WHILE CHINA DOES NOTHING TO
CUT C CARBON EMISSIONS AOC
LIGHT.
>> FROM INVESTMENT STANDPOINT
ANYBODY HAS GET AGAINST OIL,
OIL COMPANIES ARE
UNDERPERFORMING, EXXONMOBIL
CHEVRON AMONG BEST PERFORMERS
LAST THREE YEARS.
>> OF COURSE, NO DOUBT ABOUT
IT THEY ARE GOING TO CONTINUE
TO MAKE MANY SEMESTERS PLAY
CARDS RIGHT WAY THIS HAS BEEN
GOING ON, SINCE THE OBAMA
ADMINISTRATION, RM, WHEN HE
HAD HIS GREEN JOBS CZAR VAN
JONES ALL THINGS THAT THEY PUT
MONEY INTO RECENT STORY ABOUT
HIGH-SPEED TRAIN, IN
CALIFORNIA.
33 BILLION DOLLARS NOW ALMOST
130 BILLION DOLLARS IN COSTS,
DON’T HAVE ANY DONE NOT CLOSE
TO BEING DONE WHAT DID YOU PUT
UP ON SCREEN 92 TRILLION
DOLLARS FOR THIS CAN YOU EVEN
CONCEIVE THE SIZE OF THAT
NUMBER HOW MUCH MORE THAN THAT
IS?
IF YOU ARE GOING BY ALL THE
FAILURES FROM THE PAST YOU
MIGHT AS WELL MULTIPLE THAT BY
FOUR.
INCONCEIVABLE.
>> JANET YELLEN ADMITTED IN
THE TESTIMONY IN WASHINGTON
THAT THE INFLATION REDUCTION
ACT CLIMATE CHANGE BILL.
INFLATIONARY YOU ARE MAKING
THE PRICE OF EVERYTHING GO UP
EPA NOW WANTS TO DICTATE,
INSURANCE, AND WARN TOOEZ ON
CAR BATTERIES THE COST OF
EVERYTHING GO UP.
TIANA: PROJECTIONS EVS WILL
COMPRISE TWO-THIRDS OF ALL NEW
CARS WIN NEXT DECADE.
MARIA: YET THEY WERE ABLE TO