♪.
ELIZABETH: JOINING US NOW
ECONOMIST STEVE MOORE AND GOP
STRATEGIST FORD O’CONNELL.
GREAT TO HAVE YOU GENTLEMEN ON.
IT IS GOOD TO SEE YOU.
OKAY, STEVE, FIRST TO YOU, POWER
GRID OPERATORS, REPORTS ARE
COMING IN, THE POWER GRID
OPERATORS IN CALIFORNIA ARE UP
IN ARMS.
THEY’RE WARNING THE STATE GRID
FACES COLLAPSE.
CALIFORNIA IS NOW RATIONING
ENERGY THROUGH LABOR DAY BECAUSE
OF A HEAT WAVE.
IT CANNOT HANDLE THE SOLAR AND
WIND ENERGY COMING ONLINE.
WHAT DO YOU THINK OF THIS STORY,
STEVE?
>> SO I AM IN CALIFORNIA RIGHT
NOW AS WE SPEAK AND YOU’RE
EXACTLY RIGHT.
WHAT IS KIND OF COMICAL ABOUT
THIS, LIZ, IS THAT JUST, FOUR OR
FIVE DAYS AGO THE GOVERNOR SAID
WE’RE GOING ALL ELECTRIC CARS,
THEN THREE DAYS LATER HE SAYS WE
HAVE TO RATION THE ELECTRICITY
IN THE STATE BECAUSE WE’RE
RUNNING SHORT OF POWER ON THE
GRID.
WHAT THIS DEMONSTRATES HOW
DIFFICULT IT WILL EVER BE TO
TRANSFER ALL OF OUR
TRANSPORTATION TO THE ELECTRIC
GRID SYSTEM.
THAT IS NEVER GOING TO WORK.
BUT CALIFORNIA IS ALL IN ON THE
GREEN AGENDA.
IT IS A GOOD WARNING SIGN TO
PEOPLE ALL OVER THE COUNTRY WHAT
HAPPENS WHEN YOU, WHEN YOU SHUT
DOWN YOUR NATURAL GAS, YOUR
COAL, AND THEY HAVE ONE, ONE
NUCLEAR PLANT LEFT, LIZ.
THERE IS A BIG DEBATE WHETHER TO
KEEP IT OPEN OR NOT BUT THEY ARE
SHRINKING THEIR ENERGY BASE AT A
TIME WHEN THEY NEED MORE ENERGY.
IT IS CAUSING REAL HARDSHIP.
BY THE WAY TELLING PEOPLE WHEN
YOU’RE NOT THERE, YOU HAVE TO
HOLD YOUR THERMOSTAT DOWN BELOW,
ABOVE 78 DEGREES.
IT IS 98 DEGREES HERE.
>> THAT IS AMAZING.
FORD TO WHAT STEVE IS JUST
SAYING, CALIFORNIA JUST DOUBLED
DOWN.
THEY NOW HAVE A NEW BILL PUSHING
AGGRESSIVE NET ZERO EMISSIONS BY
2045.
BEHIND THE SCENES, FORD,
CALIFORNIA HAS TRIPLED THE
AMOUNT THEY WILL CUT, THEY’RE
GOING TO REDUCE RENEWABLE ENERGY
SOURCES.
THEY TRIPLED THIS SINCE 2018.
THEY’RE RAMPING UP RELIANCE ON
OIL AND GAS ENERGY TO KEEP THE
GRID STABLE IN CALIFORNIA.
THEY FACE MASSIVE ROLLING
BLACKOUTS THERE.
>> LOOK I THINK STEVE IS
ABSOLUTELY RIGHT.
THE PROBLEM CALIFORNIA HAS IS
THE SAME PROBLEM THAT YOU HAVE
IN GERMANY, IS THAT THE GREEN
ENERGY AGENDA IN CALIFORNIA
BELIEVES RENEWABLE ENERGY IS
EFFECTIVE, PROVEN, RELIABLE
CHEAP REPLACEMENT FOR FOSSIL
FUELS AND NUCLEAR WHEN IT IS
NOT.
UNFORTUNATELY, CALIFORNIA
LAWMAKERS, INCLUDING GAVIN
NEWSOM NEED TO LISTEN TO
ELECTRIC CAR GURU ELON MUSK WHO
SAYS IF YOU WANT TO HAVE SAFE,
RELIABLE, CHEAP ENERGY, YOU NEED
TO INCREASE THE PRODUCTION OF
FOSSIL FUELS AND NUCLEAR POWER
ASAP BUT AS STEVE POINTED OUT
NUCLEAR POWER WOULD SOLVE
CALIFORNIA’S PROBLEM AND THEY’RE
TRYING TO TAKE DIABLO CANYON
OFF-LINE.
ELIZABETH: THAT IS THE NUCLEAR
POWER PLANT.
FORD, STEVE, SAID WHAT HE JUST
SAID, RENEWABLE POWER,
CALIFORNIA GRID OPERATORS,
WARNING RENEWABLE POWER IS
WASTED.
THERE IS NO PLACE TO STORE IT.
YOU CAN’T STORE IT ANYWHERE.
THEY HAVE NOT CONSTRUCTED THE
TRANSMISSION LINES,
TRANSFORMERS, POLLS,
INFRASTRUCTURE TO KEEP UP.
THEY’RE IMPORTING FROM OTHER
STATES ENERGY INCLUDING I THINK
10% OF THEIR BASE IS STILL COAL.
>> YEAH.
I MEAN CALIFORNIA IS AND
ENERGY-RICH STATE TOO.
LIKE IF CALIFORNIA IMPORTING
ENERGY IS LIKE ALASKA IMPORTING
ICE.
IT JUST DOESN’T MAKE ANY SENSE.
BUT HERE IS WHAT REALLY MAKES ME
NERVOUS ABOUT THIS WHOLE DEBATE.
IF CALIFORNIA WANTS TO DO THINGS
TO RUN THEIR ECONOMY OVER A
CLIFF YOU KNOW, VOTERS WANT
THAT, THAT’S FINE.
WHAT I’M VERY NERVOUS ABOUT,
LIZ, IS NOW YOU HAVE SEVEN OR
EIGHT OTHER STATES THAT WANT TO
ADOPT THE CALIFORNIA MODEL.
THEY’RE BASICALLY CONTRACTING
OUT THEIR ENERGY POLICY TO
CALIFORNIA EVEN THOUGH IT’S A
DISASTER.
THAT INCLUDES STATES LIKE
WASHINGTON, OREGON.
THERE IS SOME TALK ABOUT
VIRGINIA DOING IT.
SO CALIFORNIA THINKS THEY’RE
GOING TO TAKE THIS POLICY
NATIONAL, WHICH WOULD BE
BANKRUPT OUR COUNTRY.
DAVID:
ELIZABETH: FORD, WHAT DO YOU
THINK, FINAL WORD?
>> I THINK THAT STEVE HIT THE
NAIL ON THE HEAD.
LOOK.
CUTTING CARBON EMISSIONS A NOBLE
IDEAL BUT DENYING REALITY THAT
RENEWABLES ARE NOT READY FOR
PRIME TIME, PUTTING YOUR STATE
GRID AT RISK WILL CREATE
PROBLEMS OVERTIME AND CALIFORNIA
WILL RUN INTO THE PROBLEMS
GERMANY HAS.
LET’S HOPE IT DOESN’T GET TO
THAT.
ELIZABETH: CLEAN NATURAL GAS
LOWERED CARBON EMISSION.
>> THAT’S RIGHT.
ELIZABETH: THERE YOU GO, STEVE