The repeal of the Climate Power Grab by the Trump Administration brings up a lot of questions, and we cover a lot of them today. This podcast went out live on X, YouTube, and LinkedIn on both the Energy News Beat and Energy Impacts Podcasts with Stu Turley and David Blackmon hosting.

Dr. Matthew Wielcki has a large X reach, and his substack is fantastic; we highly recommend subscribing.

The main topics discussed in this Podcast are:

Throughout the conversation, the overarching theme is the critique of the scientific and policy narratives surrounding climate change, with the guest arguing that the observational data and economic realities do not support the alarmist claims and the resulting policy responses.

**1. The EPA Endangerment Finding**

The conversation centers on the 2009 EPA Endangerment Finding that declared greenhouse gas emissions endanger public health. The guest argues this finding was "precooked" without proper review and has become the legal foundation for numerous climate regulations under the Obama and Biden administrations. The recent rescission of this finding could undermine the legal standing of these policies.

**2. Global Temperature Record Reliability**

There's significant discussion about concerns regarding the accuracy and transparency of global temperature data. The guest raises allegations about data manipulation and suppression of historical heat wave data, arguing this lack of trust in temperature records undermines the scientific basis for climate policies.

**3. Observed vs. Predicted Climate Impacts**

They talk about examining observational data on extreme weather, hurricanes, and sea level rise, with the guest arguing that actual observed impacts don't match the dire predictions made by climate models. This discrepancy is presented as evidence questioning the validity of the underlying climate projections.

**4. Economic and Social Costs of Climate Policies**

A major focus is the negative impacts of climate policies, including increased energy prices, reduced affordability, and harm to developing nations. The discussion also touches on the "climate industrial complex" and how perpetuating climate crisis narratives maintains funding and business opportunities.

**5. Nuclear Power as a Solution**

The guest advocates for nuclear power as a key solution for reliable, low-emission baseload electricity, contrasting this with the focus on intermittent renewables and discussing regulatory and political barriers to modern nuclear development.

The overarching theme is a critique of climate change narratives, arguing that observational data and economic realities don't support alarmist claims and resulting policies.

On X. @MatthewWielicki

Check out the Irrational Fear on Substack: https://irrationalfear.substack.com/

Check out David Blackmon's Substack https://blackmon.substack.com/

Doomberg stops by the Energy News Beat and Energy Impacts podcast with Stu Turley and David Blackmon. We are going to cover some of Doomberg's current articles, including the Energy Crisis in California, and the Global Oil and Gas market update. We will be live on X, YouTube, and LinkedIn

The main topics and themes discussed in this podcast are:

1. The energy crisis in California:

- The transcript discusses the emerging energy crisis in California, particularly in Northern California. It highlights how the state's regulatory policies have led to the closure of major refineries, creating a fuel supply shortage.

- The discussion covers the potential consequences of this crisis, including the possibility of $10 per gallon gasoline and the impact on the broader West Coast region.

- The transcript also touches on the national security implications of California's energy dependence and the need for a more resilient energy infrastructure.

2. Politics and policy:

- The transcript delves into the political dynamics surrounding energy policy, including the potential impact of the SAVE Act on voter ID requirements and the role of the Republican and Democratic parties in Washington.

- It also discusses the implications of the removal of the EPA's endangerment finding for CO2 and the potential for policy whiplash depending on the outcome of future elections.

- The discussion touches on the potential presidential ambitions of California Governor Gavin Newsom and the challenges he may face in the Democratic primary.

3. Energy markets and geopolitics:

- The transcript explores the EU's "grid socialism" plan and its potential impact on energy prices and grid stability across Europe.

- It also discusses the potential implications of the EU's proposed carbon border adjustment mechanism (CBAM) on US LNG exports and the geopolitical dynamics surrounding energy trade.

- The discussion includes an analysis of the Bloomberg article on a purported Russian memo seeking to rejoin the US dollar system, which the speaker dismisses as likely false.

4. Doomberg and media analysis:

- The transcript provides insights into the Doomberg brand, its approach to analysis and publishing, and its plans for expansion, including a forthcoming book project.

- It also touches on the challenges of being a media guest and the importance of maintaining brand consistency, particularly in relation to thumbnail images and headlines.

Overall, we cover a wide range of energy-related topics, with a focus on the interplay between policy, geopolitics, and market dynamics, as well as the role of media analysis and commentary in shaping the energy discourse.

## 1. **California's Energy Crisis**

The transcript extensively covers an emerging energy crisis in Northern California, driven by regulatory policies that have led to refinery closures and fuel supply shortages. Key concerns include potential price spikes (up to $10 per gallon gasoline), regional impacts across the West Coast, and national security implications related to energy dependence and infrastructure resilience.

## 2. **Energy Policy & Politics**

The discussion examines the political landscape surrounding energy policy, including:

- The SAVE Act and voter ID requirements

- The EPA's endangerment finding for CO2 and its removal

- Policy volatility depending on election outcomes

- Governor Newsom's potential presidential ambitions and Democratic primary challenges

## 3. **Energy Markets & Geopolitics**

This section explores international energy dynamics:

- The EU's "grid socialism" plan and its effects on energy prices and grid stability

- The EU's carbon border adjustment mechanism (CBAM) and its impact on US LNG exports

- Geopolitical dimensions of energy trade

- Analysis of claims about Russia and the US dollar system

## 4. **Doomberg Brand & Media Analysis**

The transcript discusses the Doomberg media brand, including:

- Its analytical approach and publishing strategy

- Expansion plans and upcoming book projects

- Challenges of media appearances and maintaining brand consistency

- The importance of visual presentation (thumbnails, headlines) in media

Chapters:

01:32 California Energy Crisis

10:21 Military Bases in California

12:57 filibuster and problems with elections

16:12 Endangerment of CO2 findings and its impact

21:12 EU grid interconnect problems and energy crisis

28:25 is the war with Ukraine about to end?

31:46 publications in the EU

36:00 Orban and his re-election

47:46 Upcoming topics around copper

Check out Doomberg on his Substack: https://newsletter.doomberg.com/

Check out for Stu Turley on The Energy News Beat Substack: https://theenergynewsbeat.substack.com/

For David Blackmon https://blackmon.substack.com/

You will not want to miss this episode of the Energy Impacts Podcast with David Blackmon and his special guest, Tom Holm, Executive Director for the Energy Defense Council. We will be covering significant changes underway in the nuclear industry and how they will be implemented.

The main topics discussed in this Podcast are:

1. The role and work of the Energy Defense Council (EDC), an organization focused on improving energy resilience and energy dominance for the U.S. military. Tom Holm, the executive director of EDC, explains how the organization was founded and its key objectives.

2. The challenges faced by military bases in terms of energy supply and reliability, including issues like rolling blackouts. Holm discusses how EDC is working to address these problems.

3. The potential use of micro-nuclear reactors and small modular reactors (SMRs) to provide power for military bases. Holm explains the benefits of this technology and the efforts to accelerate its deployment on military installations.

4. The need to rebuild and re-industrialize America's manufacturing capabilities, especially for critical components and materials required for energy technologies and national defense. Holm emphasizes the importance of reducing reliance on foreign suppliers.

5. The changes in the current administration's approach, including executive orders and new funding mechanisms, that are enabling faster development and deployment of energy solutions for the military. Holm highlights the increased sense of urgency and willingness to take non-traditional approaches.

6. The role of the Tevcon conference, organized by EDC, which brings together military leaders, government officials, and industry innovators to identify challenges and solutions related to energy, vehicles, and other technologies for the military.

Connect with Tom on his LinkedIn here: https://www.linkedin.com/in/tom-holm-43a952263/

Check out David's Substack here: https://blackmon.substack.com/

You won't want to miss this episode of the Energy Impacts podcast with Jim Welty, President of the Marcellus Shale Coalition, as we gear up to talk about the global Natural Gas markets. We are covering the impact on the US consumers and manufacturing growth. We will be live on LinkedIn, X, and YouTube.

The main topics discussed in this Podcast are:

1. The importance of natural gas in providing reliable energy during extreme winter weather conditions, particularly in the Marcellus Shale region and the PJM grid.

Jim Welty discusses how natural gas generation has been crucial in ensuring electricity and heating supply during recent cold snaps, with natural gas providing around 40% of the PJM grid's generation. He contrasts this with the issues faced in the ISO New England region, where fuel switching to oil was required due to insufficient natural gas supply.

2. The challenges of building energy infrastructure, particularly pipelines, in the Northeastern United States.

The transcript discusses how policies and regulations have hindered the development of pipelines like the Constitution Pipeline, which would have helped supply natural gas from the Marcellus Shale to the Northeast. This has led to the region relying on more expensive and higher-emission energy sources.

3. The growth of data centers and the role of natural gas in powering this new economy.

The discussion covers the significant investment and development of data centers and AI facilities in Pennsylvania, and how natural gas is well-positioned to meet the growing energy demands of this sector in a reliable and cost-effective manner.

4. The clean credentials of natural gas from the Marcellus Shale region, especially in comparison to other global suppliers.

The transcript highlights how natural gas from the Marcellus Shale has the lowest methane intensity of any major gas-producing region, making it an attractive option for European and other international markets seeking to reduce emissions.

5. The political and policy challenges faced by the natural gas industry, particularly in navigating the push for renewable energy sources.

The discussion touches on the tensions between the natural gas industry and policymakers who are promoting renewable energy, even when it may not be the most practical or reliable solution in certain regions and applications.

Check out Jim on LinkedIn: https://www.linkedin.com/in/jim-welty-336b77105/

Check out the articles on David Blackmon's Substack. https://blackmon.substack.com/

As we roll into the midterms, the Democrats are already rolling out "Affordability" as a key battle cry. Well, the facts show that the average blue state pays an estimated 37% more for electricity than the average red state.

This podcast went out on the Energy Impacts Podcast with David Blackmon and the Energy News Beat Podcast with Stu Turley. Tom Pyle, the CEO of the Institute for Energy Research, lays out the article linked below, and it is very clear. Energy Policies account for the greatest increases in energy costs.

The main topics discussed in this podcast are:

1. Electricity and energy prices in the United States, particularly the higher costs in "blue" (Democratic-leaning) states compared to "red" (Republican-leaning) states. The transcript discusses a report by the Institute for Energy Research called "Blue States High Rates" that analyzes this trend.

2. The impact of renewable energy policies and mandates, such as renewable portfolio standards, on electricity prices. The transcript argues that these policies, combined with the forced closure of traditional baseload power sources like coal and nuclear, have driven up costs in certain states.

3. The challenges faced by states like California and New York in maintaining reliable and affordable energy supplies due to their aggressive climate and renewable energy policies. The transcript discusses issues like the closure of refineries, reliance on imported energy, and the difficulties in building new natural gas pipelines.

4. The role of the federal government, particularly the Trump administration, in energy policy decisions and their impact on electricity prices. This includes topics like the EPA's endangerment finding and the potential benefits of rescinding it.

5. The broader political and ideological divide between "red" and "blue" states on energy and climate policy, and how this translates into differences in electricity affordability for consumers.

Check out the Substack article https://blackmon.substack.com/

01:25 Intro to the main topic of Blue State and High Rates

02:23 Tom Pyle, breaks down the report

07:16 Wind and solar in Texas

08:43 Graphic on costs in blue vs. red states

14:25 transmission lines and costs

17:24 California and its Energy Crisis

21:02 Energy Policy defines electricity rates

26:54 Jones Act and LNG Tankers

37:33 Carbon Taxes and Net Zero

#energynewsbeat #netzero #democrats

Connect with Tom on his LinkedIn here: https://www.linkedin.com/in/thomasjpyle/

Check out the IER Institute for Energy Research https://www.instituteforenergyresearch.org/the-grid/blue-states-high-rates/

Time Stamps:

01:57 Doomberg: Where is the oil glut

06:05 China is buying oil, and are they preparing for war?

12:50 Venezuela and the oil impact

26:11 Canada and great subscribers

41:58 Doomberg's methodology

This was a fun podcast with our favorite Green Chicken, Doomberg, and we hit it out of the park. Buckle up and enjoy the show.

Doomberg does not hold anything back, and we have some real topics rolling out. I got really tickled by Doomberg and David Blackmon making a bet on whether President Trump would invade Greenland. I would enjoy paying for a steak dinner with Doomberg and David, so it does not matter to me.

Here are the key points we cover.

1. The current state of the global oil and gas markets, including the “glut” or oversupply of oil and gas, and the factors contributing to this situation, such as the rise of shale production in the US.

2. The potential impact of the political situation in Venezuela on the oil and gas industry, including the challenges of restoring production and the legal/financial claims against Venezuela’s oil assets.

3. Speculation around potential geopolitical actions by the Trump administration, such as annexing Greenland or intervening in other countries in the Western Hemisphere to secure energy resources.

4. Analysis of the political dynamics and power structures in Washington, with the discussion of the “uniparty” and the lack of meaningful ideological differences between Republicans and Democrats.

5. Commentary on the energy policies and actions of political figures like Gavin Newsom and the potential impact on energy supply and prices. California poses a national security risk to the U.S., but don’t rule out Gavin, as he could be in the running if we don’t fix our elections and adopt same-day paper ballots.

Thanks again to our patrons, subscribers, and readers on all of our platforms.

Please reach out and subscribe to Doomberg at https://newsletter.doomberg.com/

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Wasif Latif, Co-Founder, President & Chief Investment Officer at Sarmaya Partners, stops by the Energy News Beat and Energy Impacts Podcasts - With Stu Turley, and David Blackmon for an in-depth look at the global oil and gas financial markets.

1. The performance and investment strategy of the Sarmaya Partners ETF called "Lens". Wasif Latif, the co-founder and CIO of Sarmaya Partners, discusses how the Lens ETF has performed very well since its launch, up over 50%, by investing in stocks and commodities related to the "return to tangibles" investment theme.

2. The outlook for the energy and commodities markets, including oil, natural gas, copper, and precious metals like gold and silver. Latif believes there is a looming supply deficit in these commodities due to underinvestment, which will lead to higher prices in the coming years.

3. The challenges and limitations of the renewable energy transition, particularly the reliance on technologies like lithium-ion batteries that have significant constraints. Latif argues the transition to renewable energy will take much longer than commonly projected.

4. The geopolitical tensions and supply disruptions impacting energy and commodity markets, such as the recent incidents involving tankers and oil platforms. Latif discusses how these short-term events are often "noise" that don't change the underlying supply and demand fundamentals.

5. The broader macroeconomic and policy environment, including high inflation, rising interest rates, and increased government intervention, which Latif believes will be favorable for tangible assets and commodities over the long term.

00:00 Intro Return to Tangibles

01:11 ETF LENS is by Sarmaya Partners

03:35 Is the world oversupplied with oil

06:10 Geopolitical Risk to Oil

07:09 Shale Boom and Break-even for Oil

10:06 Companies looking for exploration locations

11:38 Policy impacting prices

16:58 Market Cycles

20:21 Markets like Copper

23:42 Global Markets and deindustrialization

27:15 Grid complexities of AC vs DC

28:56 Renewables impact on Energy

37:30 Investing and day trading

41:45 Recycling and Copper

48:20 Nuclear and AI

Follow Wasif on LinkedIn https://www.linkedin.com/in/wasiflatif/

Check out https://sarmayapartners.com/

Check out the Substack: https://sarmayakar.substack.com/

Check everything David Blackmon on Blackmon.substack.com

Doomberg stops by the Energy News Beat and the Energy Impacts Podcast with Stu Turley and David Blackmon. Doomberg is a global leader in energy and finance, and we have had several wild, fun podcasts with Doomberg. You will want to ask questions if you are paying attention to the energy and finance markets.

0:00 Intro Doomberg

01:56 Doomberg on the UK and energy crisis

06:28 Doomberg on the Labor Party

12:01 Doomberg on the Russian-Ukrainian War

14:37 Zelensky won the election, but may not be viable in peace talks

25:39 California and Gov Newsom Energy Crisis

31:56 Doomberg says Gov. Newsom is a talented politician; don't underestimate him.

38:14 US Dollar financial system and the petro dollar

43:13 Global debt

45:54 Secretary Chris Wright

53:41 Doomberg on data centers sitting on top of power sources

A special thanks to Doomberg for stopping by and check out his substack on https://newsletter.doomberg.com/

In this episode of Energy Impacts, host David Blackmon sits down with David Malpass, former head of the World Bank Group, for an insightful discussion on U.S.–China trade relations, rare earth supply chains, and the global energy landscape. Malpass shares his perspective on rebuilding American manufacturing, the real costs of climate policies, and how energy independence will shape future economic growth. From Bill Gates’ shift on climate strategy to the critical role of nuclear power and data centers, this conversation dives deep into the policies and innovations driving the world’s energy future.

Highlights of the Podcast

00:01 - Introduction

01:54 - David Malpass’ Career Journey

04:18 - Trump-Xi Trade Agreement on Rare Earths

08:02 - Agricultural Trade and U.S. Competitiveness

10:54 - Contrasting the Trump and Biden Administrations

14:14 - The U.S. Rare Earth Supply Chain Challenge

19:41 - China’s Strategic Dominance in Manufacturing

23:19 - Bill Gates’ Shift on Climate Change

28:16 - The Real Cost of Climate Policies

32:53 - Electric Vehicle Industry Pitfalls

36:51 - Building U.S. Energy Independence

42:22 - Competing with China’s Scale and Control

45:28 - ESG Investing and Policy Shifts

46:34 - The Role of Nuclear Power in Energy Security

50:17 - Data Centers Driving Energy Demand

53:47 - Closing Thoughts

Doomberg stops by the Energy News Beat and Energy Impacts Podcast with Stu Turley and David Blackmon. Doomberg lays out the massive topic of trade wars with China, and the global impact on the fiancial markets. What are investors and consumers thinking?

Highlights of the Podcast

00:01 – Introduction

01:43 – China’s Rare Earth Monopoly and Trade War Signals

07:17 – U.S. Response and Administrative Inaction

10:40 – Reactions to Global Trade Developments

14:17 – U.S. Efforts to Break Rare Earth Dependence

15:53 – U.S. Manhattan Project for Supply Chains

20:13 – Regulatory Hurdles and Mining Challenges

22:40 – Global Bifurcation and Emerging Trade Blocks

25:24 – Russia, Ukraine, and the Changing Global Order

34:13 – Media Narratives and Propaganda

38:31 – Drone Warfare and Shifting Military Power

42:16 – Venezuela, the Monroe Doctrine, and U.S.-China Rivalry

46:08 – Europe’s Energy Crisis and Deindustrialization

53:17 – Alaska, Energy Development, and Infrastructure Delays

55:05 – Closing Thoughts and New Project Plug