ENERGY TRANSITION EPISODE 91 -Filmed Live On YouTube on December 18, 2023

Highlights of the podcast:

01:00 – The initial proposal for the COP 2803:45 – Exploding with Al Gore and Lurch05:48 – The head of Oak Park09:22 – The IAEA report for coal for 202311:04 – The UK will impose a carbon tax on certain manufactured goods13:07 – The EU provides a lot of money to the various countries15:36 – This is a political left wing political insurgency17:58 – The other really big European groups21:28 – The oil and gas companies25:24 – The UK researchers stated33:09 – There is another new global climate finance37:30 – The UAE and as the president

Energy Thought Leader, Podcast Host, Curitiba, Parana, BrazilInternational Author writing about energy, mining, and geopolitical issues. BulgariaPrincipal at DB Energy Advisors, energy author, and podcast host.Principal at DB Energy Advisors, energy author, and podcast host.Energy Consulting SpecialistEnergy Analyst | Economic and Geopolitical Analyst | ExFounder U&I Global | Consultant, Advisor | Commonwealth ScholarPresident, and CEO, Sandstone Group, Podcast Host

Armando Cavanha [00:00:01] Energy transition 91. COP 28. Coming home Good Morning. Good afternoon, Tammy Nemeth, David Blackmon and Stuart Turley.

David Blackmon [00:00:14] All of us on our private jets. alright?

Armando Cavanha [00:00:19] Stuart? Stuart, I need your help.

Stuart Turley [00:00:22] Okay.

Armando Cavanha [00:00:22] Try to identify. Is it David returning to Texas from Dubai last week?

Stuart Turley [00:00:28] Oh, yes. I think he was flying. I heard a rumor that he was, yep that’s David that’s David flying in. Yeah, that’s David.

Armando Cavanha [00:00:37] Led the airport towards the airport.

Stuart Turley [00:00:42] Oh, yeah.

David Blackmon [00:00:42] Meechum Field right there.

Stuart Turley [00:00:44] Yes, it is. David, great job. You walked away from that landing. So good job, David.

David Blackmon [00:00:51] That was actually the guy driving the white minivan. In the road.

Armando Cavanha [00:01:00] That’s great. The initial proposal for the COP 28, the report was to phase out fossil fuels. For me, it’s realistic. At the end, they said transition away from fossil fuels. So fossil fuels. What’s the meaning of transition away? The world of energy is starting this time, maybe.

Tammy Nemeth [00:01:27] Well, that’s a good question. I think what’s really interesting is that there was a lot of resistance to including anything about fossil fuels in that final text. And then they somehow wrote Stephen Guilbeault, which is who is Canada’s environment and climate change minister, to do the negotiating. And, you know, he’s a radical environmentalist and he managed to shoehorn in there the mention of fossil fuels. And I know that a lot of people are saying, well, transitioning it’s not very much. And you have Al Gore throwing a hissy fit and all that kind of thing. But, you know, I was watching what the environmentalists were saying and they were saying that this is this is a crack. They needed to include fossil fuels in there. And as Bill McKibben said, maybe it was on the weekend that this is now a weapon for the activists to hit the policymakers over the head, that what fossil fuels are in that agreement, what are you doing to transition away from it? And you need to do more. And he said, this is this is a beautiful weapon for for the activists going forward. And and I agree with him. The fact that they even include it’s no longer about emissions, right? Because before it was always we got to keep the temperature down. We need to control emissions from wherever, whatever source they’re originating from. But now, now it’s specific. They’re saying fossil fuels got to get rid of them rather than. Well, I thought we were worried about emissions. So what difference does it make if you can plant more trees or somehow use carbon capture or whatever, if you if you find whatever means in order to reduce the emissions profile of oil, gas and coal, why can’t you keep using it? But this this says no, in the in the end, you have to stop using oil, gas and coal, which, as you say, Armando, that’s just unrealistic. But they’re going to try.

Armando Cavanha [00:03:29] Yup. Yup. Stuart, David.

Stuart Turley [00:03:32] I think you’ve got there’s so much to talk about here. It’s a great thing that this is an eight hour webinar. And and so one of the things that I thought was fantastic was the head exploding with Al Gore and Lurch. I mean, excuse me, Kerry. And I thought that was fantastic, that it has opened up the conversation to him. You’re dead on, right? But I also like the one word or two words they snuck in there that said reasonable. That’s what they’re upset about, is because all of a sudden, oh, wait a minute. And coupled with the failure of the ESG investing movement to not include natural gas, I think this is really going to cause two systemic problems from this. You’re going to tell me you’re going to see that directly. The Nets are the people are going to try harder and you’re going to see the other governments putting out more money. They’re going to see bailouts. We’re going to see a lot more commitment to force the issue. You’re then going to see the money coming around the corner to invest in natural gas. You’re going to see that natural gas is actually not a bad thing. And then you’re seeing Africa fighting more for their rights and then using these kind of things. So I think that we’re about to go into a more violent discussion around the world because of COP 28. A line in the sand box to me, like you talked about is been put in line and holy smokes, this is going to be the global Trump disorder syndrome that I have experienced in my own family, except it’s going to be climate and natural gas and oil and it’s going to get ugly. And I’d like that just to have a conversation with folks. This is about ending energy poverty in the least amount of damage to the environment. And let’s talk and facts.

David Blackmon [00:05:45] Well, I think what we saw at the end of the day is that the head of Oak Park had it right when he wrote a letter to his member countries urging them not to agree to any agreement that talks about fossil fuels. And because exactly what Tammy said, this is the camel’s nose under the tent and people like Bill McKibben and Al Gore will use the language as a hammer to beat over the head of policymakers throughout the Western world. Now, China and India, countries in Africa are going to continue to do whatever they want to do in order to protect their own energy security, which is what they’ve been doing all along. But in the Western world, we are engaged. We are well along the process of unilateral energy, security, disarmament, and as a result of this global religion. And that’s what it is. And the longer those people who understand all this shied away from talking about it in plain terms, the more ability the radicals are going to have to destroy our own energy security and render us dependent on China. So I’ve. More of my New Year’s resolutions is to stop mincing words about it all like I’ve done in the past. You know, I never say what’s really on my mind on this podcast, and I always kind of talk around these issues and I’m going to stop doing that. And so, you know, this is a global religion. None of this is realistic. We talk about it all the time. Wind and solar cannot displace these fossil fuels. It’s just an enormous transfer of wealth that has pretty much nothing to do with protecting the environment. And these people are bad people and we need to start calling them out in plain terms.

Stuart Turley [00:07:40] Great point, Armando and Tammy. And David, I want to interject this. My team is putting together the numbers for this podcast on all of it. And so your podcast, David, your podcast and our podcast is tried to been shut down by Google on my news website. I can have 25,000 people on the site at one time, and Google Analytics will show too, and I’m sitting there with my firewall. And if you don’t have as a thought leader like David, multiple channels out there, the podcast, the stories getting out there. And so Armando, I recommend you get your own Substack for that very reason. And then Tammy, you as well, so that it does make a difference and you all are have significant reach, unbelievable, original and beginning those reports out. So thank you for your industry leadership all of you.

Armando Cavanha [00:08:44] Up We have some comments. Let me share with you all.

David Blackmon [00:08:49] You’ve been training social media to do. That’s true. And we use more coal this year than we ever have before. And we’re going to use more coal 2024 than we use this year. So how’s that transition deadline for us?

Tammy Nemeth [00:09:03] Yeah, I like that data. You showed Armando. Few weeks ago, you showed a graph where it had all the different energy forms like 18 50, and it’s like full.

Stuart Turley [00:09:20] And did you see the, In the EIA, the IAEA report for coal for 2023. I have that report and it is Nat King Cole is alive and well. So the hypocrisy of the IAEA is quite cute. And I thought that that was funny. When that report is absolutely a hoot. It’s a you guys got to read it.

Armando Cavanha [00:09:46] That’s right. That’s part of the main thing.

Stuart Turley [00:09:52] Great comment.

David Blackmon [00:09:53] Yeah. And it ends on not just diesel fuel, but also on ammonia, which is produced from natural gas and nitrogen based fertilizers.

Tammy Nemeth [00:10:03] That’s right.

David Blackmon [00:10:04] We can’t eat without oil and gas and all this stuff. These alternatives these lunatics are trying to force on, everyone will end up causing mass starvation. And of course, when you realize you have to understand that, that the Malthusian movement is really taking over the environmental movement in this world. And mass population reduction is actually one of the end goals of this global religion. And that’s that’s where we’re all heading if we don’t. You know, start working hard to stop this off from moving forward.

Stuart Turley [00:10:45] Excellent, comrade.

Armando Cavanha [00:10:48] Well, welcome, Willie Maxwell. Thank you.

David Blackmon [00:10:52] I’m true. Oh, really, Max?

Armando Cavanha [00:10:54] Yeah.

David Blackmon [00:10:55] Like that.

Armando Cavanha [00:10:55] Patrol in Portuguese, He is in he is in. He is in there. It’s connected.

David Blackmon [00:11:01] In intro. I’m sorry.

Armando Cavanha [00:11:02] You’re trying.

David Blackmon [00:11:04] The UK will impose a carbon tax on certain manufactured goods. Yes.

Tammy Nemeth [00:11:08] Yeah. But that’s part of the EU carbon border adjustment mechanism. So yeah, the U.K. has no choice really but to do something like that, although the way that their the bureaucracy operates in the U.K., they’re fully on board with all the EU stuff. I mean, they’ve been dragging their feet on Brexit forever. And the U.K. had a real opportunity to, you know, chart a different course. And all they’ve done is double down on the net zero stuff. They’ve walked back a little bit because of public pressure. But there was a poll out today that the the public is divided on whether whether or not to continue down net zero. It’s like, do you want to freeze? Do you want to have rolling blackouts? I mean, yeah. So

David Blackmon [00:11:50] That all happen Under a conservative government. Right?

Tammy Nemeth [00:11:54] Exactly.

David Blackmon [00:11:55] Right. So you switch over to the liberal government, see how that.

Tammy Nemeth [00:11:58] Labor government, yeah, they’re really bad. I mean, Keir Starmer was going around COP 28 acting like he’s the prime minister. He’s having talks. He’s he’s explaining how it’s going to be just this much better once the, you know, the, the Labor Party gets in power. That’s a little bit frightening. I thought you’d think that would be treason because they’re not you know, they’re not elected yet, but they’re acting like they are .

Stuart Turley [00:12:24] Armando

Armando Cavanha [00:12:26] Yeah.

Stuart Turley [00:12:26] Oh,.

Armando Cavanha [00:12:28] No, no, go ahead.

Stuart Turley [00:12:30] I would love to ask this question because I’m seeing a lot of frustration with the EU. And is there going to be more exits out of all of the thing because of this religion that’s going on? Tammy and David and Armando, are we seeing a potential of other countries trying to get out of because of the taint and the religion going on? I, I would love to hear your opinion on and I don’t know, but I think it’s not good for the EU.

Tammy Nemeth [00:13:07] I don’t know. The EU provides a lot of money to the various countries, whether they like it or not. And the only country that was that’s really been pushing back is Hungary. And the other one that was pushing back was Poland. But even though the Conservative party there, who had been in power for eight years, has the most seats in their parliament, they lost the majority. And Donald Tusk, who used to be the president of the European Commission, formed a coalition with a bunch of the leftie groups. And he’s now the president of Poland. So.

Stuart Turley [00:13:40] Wow.

Tammy Nemeth [00:13:42] So, you know, there was a really strong element there in Poland to push back and say, you know, at least was a bit of a check on what the EU was doing. And now that voice is gone. And with Hollande, I don’t know. I think, you know, we had this conversation before. I’m not sure that Gert Wilders will be able to form the government.

David Blackmon [00:14:02] Yeah, they will pull out all stops to prevent that from happening.

Tammy Nemeth [00:14:05] To prevent that. Exactly. So the other countries learn that lesson, right? It’s like, okay, if we push back, what will be the consequences? The UK, even though they were dragging their feet on stuff, it’s they they were really being punitive to the people. So to try and travel from the UK to the EU and live there and so on, they made it really, really difficult for people. So I really don’t know. I don’t know.

Armando Cavanha [00:14:35] Let me share with you a comment from Beverley. Well, thank you for the podcast.

Stuart Turley [00:14:41] Great comment, Beverley.

Tammy Nemeth [00:14:44] Thanks, Beverley.

Armando Cavanha [00:14:45] Thank you. Thank you

David Blackmon [00:14:47] With every word of that. Yes.

Armando Cavanha [00:14:48] Yeah. Got to a very important point from my perspective. This is a report, main page report summary of global climate action. Of course we cannot see that.

Stuart Turley [00:15:01] David Can I borrow your glasses?

Armando Cavanha [00:15:05] Yeah, but the point, the point is using a word cloud generator, we can see the most common words used are not science, not technology, not energy density, not energy security, efficiency, all generic and political terms. David has science lost the game.

David Blackmon [00:15:29] Oh. Long ago. Yes. I mean, science doesn’t really have anything to do with any of this anymore. This is. This is a political left wing political insurgency. Yeah. And it really has always been I mean, go back 30 years and go through the history or really 35 years now of this climate movement. Every solution, every solution that has been advanced by the climate alarm movement in the Western world has been socialist in nature. That’s that’s not an accident. That is the most consistent feature of all of this. It’s been a left wing political movement. From the word go and it continues to gain momentum. You know, if Donald Trump, when he was elected for the first his first term within six months, pulled us out of the Paris Accords in the United States. And of course, the world went crazy. The media went nuts. The Democrats declared him to be the second coming of Satan. Yada, yada, yada. But, you know, if Donald Trump wins next year’s elections, the first thing he needs to do is pull the United States out of this cop. Process. We need to stop sending any official representatives to cop meetings in the future and the World Economic Forum meetings as well. Just pull us completely out. And countries that want to save themselves and their energy security in the Western world would need to follow that. Now, of course, what that means is that the Democrats here in the United States will do everything they need to do to ensure Trump doesn’t win next year. But I mean, that’s that’s the only way any free country can have a hope of remaining free is to completely extricate themselves from this process and stay there for the long term. And I just don’t think that, honestly, I doubt there’s the political will in this country to do that.

Tammy Nemeth [00:17:40] Yeah, I agree. I agree hundred percent. One of the the other issues that I thought was interesting coming out of the cop was this build up over the past nine months or so, the idea that the big circus has outlived its usefulness and this was coming from groups out of the Club of Rome and some of the other really big European groups, and Mary Robinson’s group, The Elders, you know, they were going on about how what they really need to do is turn it into something like a permanent bureaucracy that meets on a regular basis to take the drama out. So then they can just continue on behind the scenes in a really kind of mundane way, controlling the world, really. And

David Blackmon [00:18:22] One world government. Yes

Tammy Nemeth [00:18:24] Right. And so then you wouldn’t have the spotlight that happens with COP and the hypocrisy, which is very much on display. But they want to turn it into this kind of ongoing thing that you wouldn’t necessarily see the private jets flying in because would be going on all the time. And, you know, it wouldn’t be like this big conflagration where you have John Kerry’s pilot competing with Al Gore’s pilot for a runway space or something. So my sense is that next year they will have another full cop or whatever, which is happening in Azerbaijan, by the way. And then they will have stronger language. So once they can actually, say, phase out fossil fuels, then they’ll move to having this this more permanent bureaucracy. That’s that’s my prediction, which I hate doing. But I, I feel like that it’s going in that direction.

David Blackmon [00:19:20] Yes.

Stuart Turley [00:19:21] You’re right.

Armando Cavanha [00:19:22] Let me show you. Christopher.

Stuart Turley [00:19:24] Yes.

Armando Cavanha [00:19:25] It’s a common Poland is now run.

David Blackmon [00:19:28] Coalition Center Left Green

Armando Cavanha [00:19:29] Yup, Yup.

Tammy Nemeth [00:19:31] The left and sustainability, Poland 2050 party.

David Blackmon [00:19:36] Luca , It will be interesting to see what wilders will do with the Groningen field if he will toy with the idea of reopening it. I don’t know what that is. What is that?

Tammy Nemeth [00:19:48] That’s the largest natural gas field in Europe. That that was supplying Holland forever. And then there was some earthquakes offshore and it hit some of the people in the northern province there. And everyone was flipping out. The activists got involved and they shut down the field.

David Blackmon [00:20:08] Of course, they.

Armando Cavanha [00:20:09] And his companion was M.A. in Argentina for the oil and gas.

David Blackmon [00:20:13] Yeah.

Armando Cavanha [00:20:13] Yeah.

David Blackmon [00:20:14] Yeah. Well, it really will be interesting to see what Malate does down there, because Argentina has vast wealth and oil and gas resources that, you know, haven’t been able to be tapped. And so that is a really strong point.

Stuart Turley [00:20:28] Wasn’t it in Norway with those. Sorry for Norway as well. That was was it Norway that was shutting down all their natural gas and then all of a sudden they’ve reopened some of theirs because they have, I believe, eight connecter points on theirs exiting out or I can’t remember which one it was. So I apologize. There’s other

David Blackmon [00:20:52] That commercially motivated. Yeah. Because I mean, Putin’s invasion of Ukraine and the blowing up of the pipelines created this big new market for Norway’s natural gas. So naturally.

Tammy Nemeth [00:21:04] Yeah Exactly

David Blackmon [00:21:05] They can produce that natural gas.

Tammy Nemeth [00:21:09] Yeah. So it is it’s a transition fuel. Yeah

David Blackmon [00:21:10] Yeah, it’s a transition. It’s going to.

Stuart Turley [00:21:13] It’s a starve.

David Blackmon [00:21:16] Great Country oil and gas

Armando Cavanha [00:21:20] Their own gas companies must stop

David Blackmon [00:21:23] They will never do that. And the reason, like moving in the management team.

Tammy Nemeth [00:21:27] Partner

David Blackmon [00:21:27] At The oil and gas companies, the big oil and gas companies don’t plan to be in the oil and gas business ten years from now. And so they have no vested interest in defending their industry. Their only a vested interest is maximizing returns to their investors and, you know, causing the least controversy possible with their public statements. And so, you know, any anyone thinking the oil and gas companies are going to adequately defend themselves in any of this? You know, I have 40 years of experience to tell you why you’re wrong. Sorry. You’re going to be.

Tammy Nemeth [00:22:03] Yeah, I think one of the prob problems with the industry and we could probably do a whole episode on this is there’s a very marked difference between oil and gas companies where they’re privately owned by people who built it, who built the company, who understand what it takes to, to get things off the ground and to and to do things. And then there’s the big mega-corporations where you have guys who went to management school. Maybe they kind of work their way in the industry, but they don’t have the same skin in the game as the individuals who actually built things. So yeah, I agree. I think there will always be this appeasement because it’s about the investors, it’s about the BlackRock’s who hold shares in and little Engine number one or whatever. Yeah, but you know what’s interesting is Bill Maher had a really cool point, which I thought you could juxtapose Israel with oil and gas. Well, he was saying he was commenting about all this desire to have this negotiated settlement in the Middle East between Israel and the Palestinians. And he talked about all the different times that agreements had been put forward in. The Palestinians said no. And then he said it’s really hard to negotiate with a group that doesn’t think you should exist. And the problem is with the oil and gas companies, you’re negotiating with people who don’t want you to exist. So how how is that working out? You know, over the past 30, 40 years, it’s been these baby steps to the point now where they’re saying, let’s transition away from oil and gas. So you’ve had 40 years of appeasement and little baby steps along the way with these groups that want you dead.

David Blackmon [00:23:50] But add one more point to that. What was the last point Maher made in that monologue? In his excellent monologue, Everyone should watch. Israel’s not going anywhere. The oil and Gas industry. Despite its refusal and failure to adequately defend itself, isn’t going anywhere. It’s going to be with us for a long, long time. For one simple reason We need it. It’s the key to life. That’s the key to our modern society. Anywhere.

Armando Cavanha [00:24:24] Comment the comment off of Hoffman. Yeah,

David Blackmon [00:24:27] Exactly. Thank you Justin.

Armando Cavanha [00:24:27] Sort of live there. Yeah. Yeah. Exactly.

Stuart Turley [00:24:31] You know. Ronald Stewart. Oh, sorry. Ronald Strand. Ronald Stein on your podcast and our podcasts on David. When you sit back and take a look, I love what he said. Try to make an iPhone out of a windmill.

David Blackmon [00:24:48] Yeah.

Stuart Turley [00:24:50] I love what he’s. Sorry. I want to give it a shot.

Armando Cavanha [00:24:54] The difference, Stuart they make the difference from our products and electricity. It’s a very.

David Blackmon [00:25:01] Exactly. Robert Domenico.

Armando Cavanha [00:25:04] Stuart.

David Blackmon [00:25:05] Had a great comment. The most damaging CO2 is the breath of Kerry Gore et al. And so the reason I want to raise that is because there was a story Friday out of.

Tammy Nemeth [00:25:21] The UK

David Blackmon [00:25:23] Somewhere in Europe. The UK researchers stated. That human breathing in human breathing contributes 4.1% of man caused CO2 emissions in the UK. But what’s the point of that study? It’s. It’s to point at you. You are the problem. Your breathing is causing global warming. And that’s just another manifestation of the Malthusian who are now running the environmental movement globally. Anyway, sorry, I just had to make them.

Tammy Nemeth [00:26:00] Yeah. Thanks, David. I think Christopher.

Armando Cavanha [00:26:03] As always.

Tammy Nemeth [00:26:04] Has a little link to that in the comments there. Now scientists say breathing is bad. Yeah.

David Blackmon [00:26:16] Oh, there we go. Yes. There you go. Absolutely. That was my absurdity of the day.

Tammy Nemeth [00:26:21] Yeah.

Armando Cavanha [00:26:23] Yeah, Stuart. What is that mean when they said moment of truth.

Stuart Turley [00:26:32] I Think I saw that. I saw that in. And I get tickled because moment of truth really should be the not the oil and gas, but the climate religionists is because the way the words were done is damning, as pointed out that it is. It is, quite honestly, the transition away. But the reasonable type language got snuck in. So the climate awareness, you know, the climate folks are picking and choosing some of those words that the president from the UAE put in there, that it’s reasonable that can be extended. So all of a sudden, you sit back and kind of go, they haven’t woken up to the realization what just happened to a cop. And I think that the moment of the moment of justification or the moment of truth is actually a great awakening that is happening in the Great Awakening on the Religionists. Folks is going to hit home here fairly soon. Kind of like my earlier comment, they’re going to be doing more violent things. They’re going to be doing more violent policies, and it’s because they’re going to lose. Personal opinion.

Armando Cavanha [00:28:10] Perfect. I know. I know that your private jets. There is no one. But there were more than 400 private jets in Dubai. And each one using CO2. Emitting CO2. A lot of times more than one per person.

David Blackmon [00:28:29] How do you Seem.

Armando Cavanha [00:28:30] Hypocrisy

David Blackmon [00:28:31] Well, you know, it’s just a course, John Kerry, that we all need to remember. John Kerry has never owned a private jet. Right. That was his sworn testimony to Congress early this year. It was his wife’s private jet that he was flying all over the world and probably still is, you know, in the media that report on it anymore because they they love his agenda. Al Gore is flying the private jets into Dubai. Who’s flying in to Dubai? Bill Gates. Al Gore.

Stuart Turley [00:29:01] Did you see the interview, David, with Bill Gates?

David Blackmon [00:29:05] No, I don’t. I just can’t stand.

Stuart Turley [00:29:08] I threw up. I’m sorry. It was.

David Blackmon [00:29:11] I don’t like throwing up, so.

Stuart Turley [00:29:13] Well, I don’t either. It was. It was horrible. And Bill Gay. I just wish I’d hit his shoes because he said I get to fly around because I’m important. Holy smokes.

David Blackmon [00:29:25] Well, that was always John Kerry’s line, too, until he got called out about it by a congressional committee. And then all of a sudden, well, I’ve never owned a private jet. Well, of course you have. Of course you have. Through marriage. You know, the greatest amount of hypocrisy was the was the environment minister from England. Right. Who was there. And.

Tammy Nemeth [00:29:48] Yeah I know, Oh my god

David Blackmon [00:29:50] Some important vote on Thursday or Friday of last week or week before last that he needed to get back to London. So he flies. 7000 miles. On a apparently a military jet, a UK military jet to London to cast a vote and then flies all the way back. Again,.

Tammy Nemeth [00:30:07] Fly back,

David Blackmon [00:30:07] To Dubai to be there for the final negotiations. So this is an environmentally concerned minister

Armando Cavanha [00:30:15] Concern, Yeah. Yeah, that’s right. There’s a comment from. Pat Patrick,

David Blackmon [00:30:22] Absolute Control of energy for West-aligned countries hinges on subduing the United States. But the Second Amendment is a barrier to the border invasion of young military age males via build up to confront armed citizens. It certainly could be. And and they’ve allowed now over 8 million. About 90% of whom are military age males from all over the world, including thousands upon thousands from China into our country since Joe Biden took office.

Stuart Turley [00:30:52] Patrick, you are dead on, right? Oh, yes.

Tammy Nemeth [00:30:57] Also.

David Blackmon [00:31:02] Does anyone see something that activists set before Congress who are totally oblivious to the petrochemical remains found in every facet of our modern lives? No, I’m not astonished at all. Because they don’t care. I think they know it, but they don’t care. They all show up with an iPhone as as the prime example.

Stuart Turley [00:31:29] Hey, back to. Back to Patrick realquick. Oh, sorry. Back to Patrick. But there were last weekend there were hundreds of Chinese individuals, military men. I’ve said this. Military men stand different. And as I was watching that, I saw all of these military man standing at parade rest or ready. Military men stand different. Those were military men coming across the border that we knew about. I’m interviewing several border security as it applies to energy. I’m going to put out to Patrick. China has over 30 interconnects in the U.S. grid system that they can control remotely. This is just as bad when you can consider how many military age men are in the U.S. trying to take down the country in into your Second Amendment comment. The only way for them to take away the Second Amendment in the United States is through a treaty with the U.N. And if that happens, they want to bring in another army to try to quell it. That is a conspiracy theory that’s out there.

Armando Cavanha [00:32:57] Stuart, if I may ask you. Sure. Sure. Tammy, go ahead.

Tammy Nemeth [00:33:02] I just wanted to add in another development from the UN meeting that is probably gone overlooked. There is another new global climate finance center that was established at the COP 28. It had, of course, Mark Carney, Larry Fink, the head of the World Bank, HSBC, a whole bunch of other of these different groups. And they’re going to be apparently working on mobilizing private sector financing for the energy transition away from fossil fuels. So it’s it’s like another place where they can align money to be funneled into wind and solar and EVs or batteries or whatever. But I know, Stu, that you’re of the opinion that ESG is on its way out. I think the terminology is on its way out. But I don’t think the core principles of what they wish to accomplish. Are. are Being diminished at all.

Stuart Turley [00:34:06] Can I can I respond? Is that debate as a political debate? Hey, in the fun thing about that is the the oil and gas companies that are in the U.S. and Canada and those that are being responsible or policing themselves in the ESG should not go away. I want to make sure I’m clear we have to deliver the lowest kilowatt per hour and take care of the poor, eliminate energy poverty while we’re doing the oil and gas and have the least amount of impact. So the ESG movement, I think, should be market driven. This I saw this article, Tammy, great pick. And I think that it is a part of the wealth transfer of them trying to get money out of these projects. I hope I’m right on that.

Armando Cavanha [00:34:59] David, the US and China, they are the world’s two biggest emitters, CO2 emitters. Are they satisfied or set with your COP28 results?

David Blackmon [00:35:15] That’s a great question, China is very happy because, I mean, you read that agreement, it just says China just keeps getting to keep doing what it’s doing right. And

Tammy Nemeth [00:35:24] And maybe get paid for it as part of the loss and damage.

David Blackmon [00:35:28] And then the and there. Yes. And they’re classified as a developing nation. So they will benefit from these various funds that the US will help fund. You know, just another part of our unilateral surrender, the United States. This current administration’s probably fine with it. You know, John Kerry got the biggest wind when he somehow signed our country onto this thing about unabated coal plants, which he has no real authority to do on behalf of our country. And so, you know, but whether our people will be satisfied with it, we’ll find out in the long run when when having access to electricity becomes a luxury item in the United States that’s affordable only to about the top ten, 15% of the population, which is, again, another of the ultimate goals of this global religion.

Armando Cavanha [00:36:22] Yeah. And Tammy this guy is happy for the results.

Tammy Nemeth [00:36:28] Well, you know, I think he’s actually happy with the results, but he has to put forward the idea that he’s upset, because if he’s happy, then the everybody else is like, wait a second, Al Gore is happy. It must be pretty bad for everybody. So, you know, he puts on the shtick like a little pantomime or something. Oh, gosh, I’m so angry. I’m so upset. But I think in reality is actually quite happy with it because all of this different these financing things, his his generation investment company will benefit and he’ll he’ll make even more billions than he already has.

Stuart Turley [00:37:04] You know.

Armando Cavanha [00:37:04] Stuart. The president sold them out there. He needs to change the position. He changed the position. What he needs to do.

Stuart Turley [00:37:20] He’s already started. And I applaud him for his laughing. I mean, excuse me, his discussions, because you could tell he was just having a good time. I mean, the UAE and as the president, when you had Saudi Arabia show up in Saudi Aramco, show up in all of the other big oil, in fact, we even had Toby Rice over there. And and so I’m interviewing a few other folks that were there this next week. And it is an absolute hoot to see the difference from the oil companies. And as David has talked about, they got to stand up and they’re starting to and I think it’s going to be a lot of fun. So I enjoyed his sense of humor.

Armando Cavanha [00:38:07] Okay. We cannot go to 8 Hours podcast, as Stuart suggested, but to the conclusions, I would like to propose the following. Dr. Tammy Nemeth. Let me back up here. This science does not follow speech. It’s the opposite.

Tammy Nemeth [00:38:31] It’s supposed to be, Yeah.

Armando Cavanha [00:38:35] It’s supposed to be. You’re right.

David Blackmon [00:38:37] Before we go. Can I just thank everyone for all these comments and questions? And this was really, really valuable. And it’s just always gratifying to know somebody is listening to these things.

Armando Cavanha [00:38:52] Yes, David and there there are a lot of them. I’m only showing very fast.

David Blackmon [00:39:00] No, this is great. It’s fantastic

Armando Cavanha [00:39:01] Several several comments and great comments, but we cannot put everything on the screen. Thank you so much.

David Blackmon [00:39:10] Thank you.

Stuart Turley [00:39:12] Thanks, guys.

Tammy Nemeth [00:39:13] Thank you for the Comments and Questions. It’s great.

Armando Cavanha [00:39:17] Thank.

David Blackmon [00:39:18] You’ll have a great week.

Armando Cavanha [00:39:19] Yeah For sure And thank .

Tammy Nemeth [00:39:21] Have a Happy Christmas.

Armando Cavanha [00:39:21] Great.

David Blackmon [00:39:22] Happy Christmas Everybody.