Episode Transcript
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Speaker 1 (00:15):
Seven six on a Friday Extra Special Friday, the Return
of Brigha McGowan from the Hudson Institute. Is also a
professor of the University of Mina University and he is
an energy expert. Charge Conversations is the name of his podcast.
I strongly encourage you to follow that one hear what
he has to say about energy policy. Brigha McGowan, It
is fantastic seeing you in studio, my friend. I appreciate
(00:35):
your willingness to come on in and talk to my
listeners of me today.
Speaker 2 (00:38):
Good morning, Brian, thanks for having me in the studio.
It's an honor to be back here and happy to
be back in America too.
Speaker 1 (00:45):
Well, and that's where I was going, because I understand
he just came back from a conference in France. It
wasn't on economics, you say, generally speaking.
Speaker 2 (00:54):
Yeah, generally speaking on economics, and of course we know
that energy is a key component to economics.
Speaker 1 (01:01):
Yeah, learning about that in Germany, where they apparently have
fallen off the map in terms of production capabilities because
of the unsteady reality of energy and how outrageously expensive
they've made it. I don't necessarily want to dive onto
them first. But I mean I said, I kind of
figured that if the conclusion of this hour together, I
was going to reach the boiled down proposition or conclusion
that Europe in the European Union is a cautionary tale
(01:25):
for what a roadmap for what we should not do
here in the United States.
Speaker 2 (01:29):
Absolutely, And you know, I think a lot of us
think fondly on Europe and we're like, oh wow, you know,
they're so advanced in this or that, and you know
when it comes to energy and frankly more and more
on general policies. In general, Europe is not the leader,
they're the laggard.
Speaker 1 (01:45):
Yeah, we always talk about how great our relationship is,
and yes, they are our allies. We do have defense
agreements with NATO aligned countries, and we did rebuild them
in the aftermath of the World War Two. But you know,
it's kind of like Vietnam. You know, we expected him
to go full on commune and we lost, you know,
fifty four plus thousand American men fighting that battle to
(02:08):
stop the Red scourge, and we didn't. But it really
is more of a kind of like European nation. We
trade with them, we exchange with them, we have they
are I would say more capitalists than communists. So the
world's turned out to be an interesting thing. But as
contrast to the Europe. Europe we expected to be this
great capitalist bastion and free markets and everything like that,
(02:31):
but they've drifted away from that into this full on socialism.
They you know, the value add attacks all them edicts
and mandates. I know you're I know, UK is no
longer in the European Union. But if you want a
great illustration of how micromanaged people's lives are, watch Clarkson's farm.
Have you seen that show?
Speaker 2 (02:50):
I have Jeremy Clarkson, And you know, it's, uh, it's funny,
but it's sad exactly.
Speaker 1 (02:58):
You can't help but laughing. But you know, the the
just the absolute micro management of literally anything he does
on his own private property. It's they're just obsessed with it.
But that's like the European Union. I mean, that's just
the way they are. It is absolutely like the EU.
Speaker 2 (03:16):
And you know what's really sad about the UK is
you know there our law is founded on their law
of generalities, not you know, the Napoleonic Code very specific,
the Germans very specific. You kind of get that, but
this has even happened in the UK, which, by the way,
they are very happy to say they have phased out coal,
(03:37):
and they're less happy to say that they have the
highest energy prices in all of Europe.
Speaker 1 (03:42):
Exactly, and they go hand in hand. I mean, you
need inexpensive, reliable, emphasis on reliable energy production. If it
ain't reliable, the lights are gonna go out, They're gonna
be rolling blackouts, and that's you run into that you
don't have some efficient, affordable support have energy clearly stated.
Natural gas and coal are reasonably affordable and readily available
(04:06):
and provide regular, unstoppable power production. Solar panels, windmills do not.
And then they always want to exclude nuclear from the discussion.
At least France has more nuclear plants and they can
safely say that, look, we've got reliable energy production. But
you can't say that in Germany. No, you can't say
that in Germany.
Speaker 2 (04:25):
And you know, this is what happens when you know,
people's politics get into policy, and Germans have always had
an adverse reaction to nuclear power.
Speaker 1 (04:36):
It's been part of the their their.
Speaker 2 (04:38):
Green Party, which was until recently part of the governing coalition,
and so the greens were given, you know, the Economic Ministry,
which includes their climate and energy ministries, and they're like,
you know, no, we're phasing all this stuff out. We're
shutting down our nuclear power plants.
Speaker 1 (04:55):
But their mindset is stuck in you know, Chernobyl era
or seventies era three Mile Island type mindset where yeah,
there was some problems, but we don't have that technology anymore.
We've got modern, safe, efficient, reliable, very little to no
waste nuclear power production the form of these small modular
reactors that can literally go anywhere and don't take up
(05:18):
that much space.
Speaker 2 (05:19):
They don't and you know, speaking of that, the Trump
administration is working toward adding four hundred gigawatts of nuclear
power onto our grid by by mid century. So nuclear power.
You're right. You know, I love classic cars, right, but
(05:41):
you know all my dad's old nineteen sixty six Mustang
was a great one, but it didn't exactly have the
same features so modern car has.
Speaker 1 (05:51):
That's so funny you bring that up, because I am
a huge fan of late sixties Mustang Fastbacks and my
dad had a friend who did basically a rotisserie restoration
on a sixty seven Mustang Fastback and he knew I
loved him, and he said, I know he doesn't want
to buy it, but he's walking to come over here
and drive it. Like, oh my god, I've never been
able to drive one. So my son and I went
(06:12):
over to his house hopped in this thing, and I
was so excited. Pulled out on a knee road and
I ended up driving about four miles. I pulled back
in his drive. He said, well, that was a short trip.
I said, yeah, and my bubble is completely burst. Yeah.
I mean you got to plan on breaking, you know,
I mean, a know, four wheel disc brakes on that sucker,
no power steering at all. It just it was like
(06:35):
driving around in an empty coke can. Yes, just loud
and flimsy. I mean, you know, it's like I take
a modern car all day long over this rick anything.
Speaker 2 (06:48):
Well, yeah, my dad's was a a convertible and I
really thought the chassis was going to come off the frame.
Speaker 1 (06:58):
For reason to modern cars, Yeah, but that was the
norm back then, right, So to your point, a nineteen
sixties nuclear power plant is not the same thing as
a brand new power plant. The fuel is different.
Speaker 2 (07:13):
You know, nuclear fuel today is only enriched by three
maybe four percent.
Speaker 1 (07:18):
It's not like the old stuff, not like what the
Uranians were producing.
Speaker 2 (07:22):
No, no sixty plus for peaceful Yeah, yeah, whatever, it's not.
And you know the way the reactors work today, they're
just they're just far different. And you know, really, America
needs to build these SMRs. They even have microreactors, and frankly,
we need to keep building the large ones too. And
there's a good new advanced gen it's called a Westinghouse
(07:43):
design reactor that can produce a lot of power. So
we need all of that. Yeah, and why not.
Speaker 1 (07:51):
It doesn't produce carbon for those people who are worried
about carb production, and I think bring them. This is
illustrative of the reality that they the left the green.
They don't want inexpensive, abundant energy that creates comfort. It it
bolsters the middle class, It makes living easier, more enjoyable,
(08:12):
more comfortable. It creates wealth. And that's all the antithesis
of what they want.
Speaker 2 (08:17):
It is they all want us to live in a
communal society and be dependent upon the government and not drive,
not have our own lifestyle because they are not free,
open market society, wealth generation people.
Speaker 1 (08:33):
That's not their stick. Yeah, because capitalism destroys the planet
or whatever. And the key to capitalism and wealth and
abundance is inexpensive abundant electricity. So we'll continue to bring McCallan.
He's going to give you a fun fact speaking of France,
which is where he was for this economic conference conference,
Franci's gross domestic product. Where does that stand relative to
(08:55):
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Speaker 3 (10:05):
Fifty five krc our iHeart True.
Speaker 1 (10:11):
Here is your Shannon nine first one with a forecast sunny,
hot and humid day ninety for the high feeling more
like upper nineties. Maybe an isolated shower showing up overnight
clear mile seventy one Tomorrow afternoon showers and storms following
mostly sunny start of the day with the high on
ninety one. Overnight lowes seventy described as muggy and mostly cloudy,
and they say to expect rain on Sunday it'll be
cloudy at least partly cloudy. Otherwise eighty eight for the
(10:34):
high then right now seventy two degrees. Let's hear about traffic.
Speaker 4 (10:36):
Conditions from the u SEE Health Traffic Center. You see
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Speaker 4 (10:49):
There's an accident to seventy five westbound at the Ward's
Corner road. It's on the left shoulder, a stall two
seventy five westbound at level of Madeira. It's on the
right side, and the accident's seventy five seven where the
Brent Spence Bridge has cleared but launched for residual delays.
I'm Heather Passco on fifty five kre SEE the talk station.
Speaker 1 (11:09):
Seven nineteen to fifty five cair CD talk station. And
by the time I see with Briga mcow from the
Hudson Institute Energy policy expert, he is and he has
a Charged Conversations podcast which I recommend you listen to,
speaking about France. As we exited the segment, Brigham, you
let me now, let's give France the props for getting
sixty seven percent of their power from nuclear energy and
(11:32):
that is an example of how you can have secure
low carbon energy leadership. It's in the European Union. Germany's
decided it's phasing out it's nuclear plants for reasons completely unknown,
while it has one of the highest energy prices in
the entire European Union. France I have gone the other way,
relying on nuclear power a lots. That's great. Use them
as an example. Have you had any problems with nuclear
(11:53):
power in France? The answer no, right, no.
Speaker 2 (11:56):
In fact, the only problem you've had is because the
grids are starting to be interconnected. The French are complaining
because Germans want more and more electricity from France.
Speaker 1 (12:04):
Save me from myself, France.
Speaker 2 (12:06):
So they had that, and then the French had to
restart Spain after it's bread went down too.
Speaker 1 (12:13):
So yeah, yeah, well, thank god they had the nuclear
power to provide enough that they have extra for everyone else.
So I'm going to vivek Ramaswami when he was on
the program, and I've talked to him several times about this.
He wants to know how to be the leader in nuclear
power so much so that we can actually have an
abundance to sell to the idiots in the Northeast region
who keep going the opposite direction facing power outages. So
(12:35):
maybe some hopeful the state of Ohio here but pivoting
over to France as a model while they do rely
on nuclear power to their success. From an economic standpoint,
I could not believe what you told me before the
show started. Let my listeners know this fun fact. Yeah,
you know, it's interesting. I didn't realize this fact. In France,
(12:56):
the media and household income is between twenty five and
thirty thousand euro that's about twenty eight to thirty two
thousand dollars after tax, with a poverty rate of fourteen percent.
Basically that aligns with Mississippi, whose nominal GDP per capita
(13:16):
is forty one thousand and median household incomes fifty four thousand,
with a pretty similar poverty rate. Well, so the entire
country of France and everything that they build and produce
gives you that standard of living. They've they've made it
up there. And I'm not knocking Mississippi.
Speaker 2 (13:30):
I've got a kid that goes and goes to Ole,
miss and you know, it's a great state. But when
you think of France, right, you think of one of
the largest countries in Europe. I don't think you think, well, yeah,
they're about as rich as Mississippi.
Speaker 1 (13:45):
Yeah, I know, it's really really hard to believe. So
what else did you learn at this conference? What was
some of the takeaways you got from.
Speaker 2 (13:53):
Being well, yeah, yeah, I mean, well it was a
great Honestly it was. You know, it's real thrilled to
be invited to it. You know, almost nine thousand attendees
on side one and a half million online views already.
Speaker 1 (14:08):
Wow. Yeah, so people do look at this.
Speaker 2 (14:11):
And the the good takeaway is people are starting to say, hey,
we have to sort of become more realistic. In fact,
the theme was the shock of reality, and the literal
translation from French is it offends it offends me this
this lack of reality. But then they immediately go down
the rabbit hole of gosh, we need more regulations, and
(14:33):
if we did more regulations, that would make us better
and more competitive. And you know, I told them that
they had it wrong. You need less regulation, You need
to unleash innovation, and and that that never comes from
the federal government trying to regulate something.
Speaker 1 (14:49):
No, it doesn't. They're not they're not interested in in
in improving lives or coming up with new ideas. And honestly,
anytime anytime something new comes out that there's a demand for,
that becomes popular, the federal government decides or the state
government's decide, well, we're going to tax that. And why
is that? Why are you treating that particular category or
(15:09):
product as outside of the normal product. Well, because it's new,
that's why. Yeah, I mean, vapes come to mind, and
I know people are against vapes or in favor of
apes for whatever reason, but you know, it's an alternative tobacco.
Nicotine is not illegal. It's a nicotine delivery product. So
why would you treat that any different than if you
decided to open a chewing gum manufacturing company and sell
(15:31):
chewing gum. Do you tax chewing gum at a twenty
percent higher rate just because it's chewing gum? No? But
you see, it's new.
Speaker 2 (15:38):
You know you have this in Europe And in fact,
one of the complaints is, well, energy prices are too high,
so we will just put a cap on how high
energy prices can be.
Speaker 1 (15:47):
And I'm like you, guys, you're economists.
Speaker 2 (15:49):
Do you not understand the law of supply and demand? Guys,
nine economists at this, and they come up with that.
They yeah, they come mom, Donnie. And then on the
opening session there was a gentleman from a Council of
Economic Advisors on the White House who's probably a career person,
not necessarily a politically appointed person. White House has more
(16:12):
career people that work there than you know, politically appointed people.
And a lady on stage who's a member of the
EU Parliament from France was just going after him for
Trump and he's rude and obnoxious and this is not
how you treat friends. And he said, oh, well, don't
treat friends by having disparate trade policies. You don't treat
(16:34):
friends by singling out American companies. You don't, You're not
friends by And the more he said in a logical fashion,
the more she emotionally.
Speaker 1 (16:45):
I thought she was going to helicopter off the stage
through the roof. That's what happens when they're confronted with
logic and reason. Yeah, the name calling and the broadbrush
painting falls apart under any thoughtful analysis and they're left
with literally nothing to defend their position with, so they
start screaming and calling names.
Speaker 2 (17:01):
And yes, and actually a couple other French panel members
chastised her and said, look, you know, the game has changed.
Trump has done positive things for Europe. We've not been
paying for our defense for fifty years. And if you
look at it from America's perspective, they've been guaranteeing European
security for over one hundred years.
Speaker 1 (17:25):
So and what did it deliver us a whole block
of basically socialist, micromanaged countries.
Speaker 2 (17:31):
Well, instead of spending money on defense, they've been spending
it on all their social programs.
Speaker 1 (17:36):
Into the logical argument on that, why would they want
to be beholden to the United States of America for
their security?
Speaker 2 (17:43):
Well, I think you know, the reality is they felt
the end of the Soviet Union it was all good.
Speaker 1 (17:49):
I've always used that our moral barometer ended when the
Soviet Union fell. It really did. But you've got Brian.
Speaker 2 (17:56):
You have other countries like Poland, who since the fall
of communism have seen their economy increase ninefold. They're now
in the top twenty of all countries in the world.
Because the Central and Eastern European people get it, because
they're not so far removed from.
Speaker 1 (18:14):
It, they remember it like it was yesterday. Do not
go down that road or back down that road is
the case. Maybe mor Briga mcgawan and seven twenty six
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Fifty five car the talk station. Did you know here
(19:20):
is your Channel nine first morning Wether forecast going to
be a sunny day to day, hot and humid ninety
degrees for the high, feeling more like upper nineties with
the heat index. Isolated showers are a possibility. Overnight clear,
mild seventy one, mostly sunny start of the day tomorrow,
but they're expecting afternoon showers and storms ninety one for
the high. Muddy overnight mostly clouds in the lull of
seventy and then they say expect rain on Sunday, partly
(19:41):
body skies otherwise I have eighty eight right now, it's
seventy two. In time for traffic update.
Speaker 3 (19:47):
From the u See Health Traffic Center.
Speaker 4 (19:48):
You See Health has expert traumacare focusing on prevention, treating injuries,
and supporting long term recovery and rehabilitation.
Speaker 3 (19:55):
Learn more at you see health dot com.
Speaker 4 (19:58):
We do have an accident to seventy five west found
after Ward's Corner Road. It's on the left shoulder, and
an accident I seventy five northbound after the Lachland split.
The left lane is blocked, so watch for these to
slow downs. I'm Heather Pasco on fifty five krc the
talk Station.
Speaker 1 (20:16):
Seven thirty one, fifty five KRCV talk Station, Happy Friday.
Brian Thomas here with Hudson Institute and Miami University professor
Brigham McGowan talking energy policy on his return from the
Economic Summit in Europe. Wildly popular. Nine thousand attendees that
are economists and other noted notables like Brigha McGowan. More
than a million and a half online viewers so far,
(20:37):
three hundred journalists showing up. Talk about economic policy, Energy
policy included. And did the subject of the European Unions
and NATO's security come up, because you got this little
pesky thing called Russia's invasion of Ukraine, and I know
they're all incensed about it, and they keep looking to
us to provide Ukraine with more weapons, even though there
are very few Ukrainian soldiers left to operate them. Russia
(20:58):
continues to make advances. It's been a brutal bloodbath for
both sides. It just looks awful. But since Ukraine is
not a member of NATO, they're not part of the
European Union. They just happen to be sort of right there.
Has it brought about me? Is there any concern awakening
over security? Clearly there has been a move in the
right direction where they're going to start defending themselves or
(21:19):
at least have the ability to defend themselves with this
five percent GDP allocation for military reasons and security reasons.
But what about how does this relate to energy policy?
You'd think that the nord pipeline or nothing. Yeah, the
was it? The nord pipeline, Nordstream Nordstream pipeline got blown
up at the outset of the conflict, Russian energy was
shut off and depriving the European Union of But then
(21:40):
they had to do workarounds to continue to get and
support Russia's military by buying their fuel supply. I mean,
it doesn't make any sense.
Speaker 2 (21:48):
You know, it really doesn't end for if you go
back to the Soviet Union days, they were so cash strapped.
They operated in two different worlds. They had their political
military world and then.
Speaker 1 (21:59):
They had the hey buy our.
Speaker 2 (22:01):
Energy and you know, we promise you will never use
that as an instrument, and they didn't. Putin's not the
same guy, and he's leveraging everything he can. And again,
after the end of the Cold War, germany first policy
was let's talk about renewables, but let's buy as much
(22:22):
cheap oil and gas from Russia as we can possibly
get in both Nordstream one and Nordstream two, where German projects,
where the former Chancellor of Germany, Gearhart Schroeder was actually
on the Russian board trumpeting all this stuff.
Speaker 1 (22:37):
Yeah nothing here, move along, you know.
Speaker 2 (22:40):
So uh yeah, And Merkle had this German first policy
and it completely backfired him because it's the don't keep
all your eggs in one basket. Diversification of supply is
very definition of energy security plus affordability.
Speaker 1 (22:57):
Well, look, administration's change, the trouve administration taking a hard
line on Europe and it's the need to defend itself. They
didn't do that before. So you have a new president
in Vladimir Putin that's not the former Soviet Union's dictator.
He is using energy as a weapon. You don't have
to drop a bomb, just slip the energy switch off. Ah,
sucks to be you. Yeah.
Speaker 2 (23:16):
The you know what has surprised me over all this
is the naivete In Europe. Yeah, these pieces and you know,
but you know, Brian, their adults, they understand this because
part of the joke in Europe is, well, a great
crisis in the world happens, and we Europeans go to
the cafe and have a latte and complain about it. Meanwhile,
we expect you guys in Washington, DC to do something
(23:37):
about it. It's learned helplessness. It's like you're an all
kid living in your basement. Mom and dad are buying
everything for you.
Speaker 1 (23:44):
Exactly, and again we're the ones providing them with security. Yeah,
I mean, we're the armed forces. We are the police
department in essence for the European Union, and we have
been for years and years and years. And again I
would be in a very I'd be extremely unsettled as
a European to have that as my reality. WHOA what
a second, like using energy as a weapon. What if
(24:06):
the United States wants to flip the switch, which is
kind of what Donald Trump is sort of doing in
the sense that he's not providing Ukraine with weapons. Well
now he is, but you know, and he could cut
off the European Union in so far as defense is concerned.
Speaker 2 (24:18):
Absolutely, and just yesterday, Secretary of State Mark or Rubio said, hey, look,
we're we're trying to deliver more weapons to Ukraine, but
the Europeans haven't responded by increasing production, and we're looking
at giving them another Patriot missile battery. But we can't
get to Europeans to offer up their own patriot missile battery.
Right so it's you know, it's talk but no action.
Speaker 1 (24:41):
No action, action mor with Briga McCallan. It's something thirty
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et index because it's going to be mostly sunny, hot
and humid. Isolated showers later today as well, clear skies
over night. Seventy one be low ninety one to high
tomorrow with a sunny start of the day followed by
some afternoon showers and storms. Mostly clouds over night, muggy
(26:30):
and seventy and rain is expected on Sunday eighty eight
for the high, with the next break in humidity predicted
to be Wednesday. Right now seventy two degrees.
Speaker 4 (26:39):
Time for traffic from the u SEE Health Traffic Center.
You See Health has expert traumacare focusing on prevention, treating injuries,
and supporting long term recovery and rehabilitation. Learn more at
you seehealth dot com. An accident this morning I seventy
five northbound after the Lachland split blocks your left lane,
and that's why we're seeing delays from Town Street there's
(27:00):
also an accident on I two seventy five westbounder for
Ward's Corner Road that blocks the left shoulder. I'm Heather
Pasco on fifty five KRC the talk.
Speaker 1 (27:09):
Station fifty five care City Talk Station, Get your podcast
un Charged Conversations with my guests today Brigham Agawan and
Studio talking energy policy on the Heels was returned from
the Economic Forum in Europe in France, where I understand
the European Union, addition to all these other crazy policies,
(27:30):
wants to get rid of air conditioning. I understand this
is just ninety some odd degrees. And they held this
conference outside, yeah, out of doors as they were saved doors.
Speaker 2 (27:39):
And well, you know, it was in the in the
south of France and excellent Provence, which the Provence region
is well known for its rose and lavender fields, and
it's it's very French to throw up massive tents and
in this park we had four different amphitheaters going. But yeah,
(27:59):
it was it was warm, it was above average, and
uh they blamed it on climate change, well a few
people did. And then a couple of days later the
mister winds picked up, which is also a normal weather
phenomenon when the high pressures move off, and uh, we
got nice cold winds from the Alps sweep down. So
(28:23):
that's climate change too change. It was really nice, but yeah,
to your point, and to be fair, you know, in
most European countries you don't have two parties, you have
six eight ten, and so a far left French politician
on the green side called for the elimination of air
(28:44):
conditioning because, uh, you can conserve your way to prosperity
right by producing less. And that was one of the
points I made, is economic security depends on you having
all the stuff you need. Energy is part of that.
Energy abundance brings prosperity. They don't want prosperity, they don't
(29:06):
and the energy scarcity equals poverty, folks. Exactly, It's that straightforward.
Speaker 1 (29:13):
I mean, I suppose, by some twisted circuitous route, if
you take air conditioning out of the equation and power
was not being generated for air conditioning, that extra unused
power that used to go to air conditioning could be
used to serve the means of production unless you could
(29:34):
become more abundant. Brigham, how about that?
Speaker 2 (29:37):
I guess, So I guess they're leaving aside the fact
that thousands of elderly in Europe die every year from
the black from heat, and you're not you're not, well,
that's true too.
Speaker 1 (29:52):
Well, we'll probably next want to get rid of heat
in the winter time possibly.
Speaker 2 (29:56):
But you know, the other thing I figured out is
in Europe, air conditioning doesn't necessarily mean air cooling. I'm like,
it's hot in here, and like, well, yes, we're conditioning
the air. We're removing like a dehumidifire, not actually cooling anything.
Speaker 1 (30:10):
So the exacerbating factor of the extra moisture will be removed,
but the temperature will remain the same. That's why one
hundred and ten degrees doesn't feel hot when you're in Arizona,
because it's it's a dry yeah, right, it's a dry heat.
And you know, this gets back to Brian.
Speaker 2 (30:25):
Look, if if I don't know, pick solar power, pick
wind energy, if it were awesome, if it were inexpensive,
if it.
Speaker 1 (30:35):
Yeah, yeah, you know, uh, no need for subsidies.
Speaker 2 (30:38):
People buy things that they want to buy, right if
people made what folks want to buy. And I say, well,
you know, but we just don't know what's good for us,
so we have to introduce all of these levers and
put your finger on the scale and move stuff around.
By the way, the energy credit, if now's the time
(30:58):
to get your solar power or your your tesla what
do they call that the battery backup system? Because that
thirty percent tax credit that Joe Biden put in is
over at the end of this year. Yeah, your fingers
on the scale, right, Yeah.
Speaker 1 (31:14):
Well, you know I had to the shirt. I had
to give it to my daughter because it sent to
me the wrong side. Good ideas do not require force
or coercion, and tax incentives and rebates and things of
that nature caused people to do something that otherwise would
not have done. Exactly, you're trying to do this electric
vehicle in my family's best interest, considering what I need,
(31:35):
the range, and all that these logical things we walk
through in terms of the selection of a vehicle, and
then you got, well, it's going to cost me ask
for this internal combustion engine car, but I can get
seventy five hundred dollars off if I go that direction
and get an electric vehicle. You end up buying one
of those and then struggle with the downside realities.
Speaker 2 (31:51):
Of it, absolutely, and you know, just just to be
fair to you and the listeners, I own a Tesla.
Speaker 1 (31:57):
I've got one. I know you did.
Speaker 2 (31:58):
I've had one six years, right, early adopter. It's cool,
it's fun, it's fast. But a recent study just came
out that said the same three issues that we're plaguing
people wondering whether they wanted to buy an electric car
are still there. Range, how I'm charging it, and the
fact that when it's too hot or too cold, you
(32:19):
can take that battery and discount it by thirty to
fifty percent.
Speaker 1 (32:23):
Yeah, that's a huge limitation.
Speaker 2 (32:25):
I mean, it's great for around town. I love my car.
I've actually driven it Brian across the country. I'll have
to tell you about that another day. But it wasn't easy.
Speaker 1 (32:36):
I guarantee you. I can figure out my head spin
it through all the scenarios and proms you to go
through a coffee break. We're in the hell's a charging station, Yeah,
you get a parking Maybe hopefully you brought a lot
of like Mitchener length novels or Dostoyevsky novels to keep
your keep you busy for those multiple hour pauses. We'll
continue one more with brighamcallan after a quick word for
(32:56):
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station Jenna nine onether forecasts. It's going to be hot today.
(34:00):
A ninety genuine degree is feeling more like upper nineties
because it's going to be very humid today. Mostly sunny
Sky's isolated shower is possible, clear and mild over night
seventy one to the low ninety one to the high tomorrow.
Sunny started day with afternoon showers and storms, clouds and
muggy conditions overnight with the LOLd seventy and the next
state to expect rain on Sunday high of eighty eight
(34:21):
seventy two degrees. Right now.
Speaker 4 (34:22):
Traffic time from the UCE Health Traffic Center. You See
Health has expert traumacare focusing on prevention, treating injuries, and
supporting long term recovery and rehabilitation.
Speaker 3 (34:33):
Learn more at u seehealth dot com.
Speaker 4 (34:36):
There's still an accident on I seventy five North Bend
after the Lachland Split, blocking the left lane. You're slow
from Town Street. Also on two seventy five West Man
Afterwards Corner Road, there's an accident with all vehicles on
the left side.
Speaker 3 (34:49):
I'm Heather Pasco on fifty five KRC the talk.
Speaker 1 (34:52):
Station seven to fifty Right now, if you've have KRCD
talk station and hope you having a wonderful Friday. Coming
up out for cop and news Congressman David Taylor, the
return of Congressman Taylor to talk about the great, big,
beautiful Bill and what things are good in there, and
I know there's a lot of good in there, and
of course maybe not, of course, but if you're just
finding out. Jack Windsor, editor in chief of the Ohio
(35:12):
Press Network, returns at the bottom of the hour eight
thirty to talk about veto over rides in the budget,
something we talked about with Donald and Neil from Americans
for Prosperity earlier in the week. He can listen to
the podcast fifty five KRC dot com plus small business
owners in Ohio are struggling to fill jobs. Jack will
be talking about that as well in the meantime from
the Hudson ins Too Final online at Hudson dot org.
(35:34):
Doing some great work at the Hudson Institute, Briga mcgawan
and studio about his trip to Europe and the dysfunction
that he witnessed in Europe in terms of energy policy,
their pursuit of zero carbon emissions, and we didn't talk
a whole lot about the auto industry, but the European
Union really really really driving the insanity going on in
the automobile world with regard to European manufacturers moving all
(35:57):
the way over and embracing electric technology. I know Swagen
has Audi of course, one of the same umbrella. Porsche's
moved a lot over to electric, and I even have
read a bunch of articles they make several different electric
versions of the cars over Porsche. But the cutoff date
for the internal combustion engine I think as respects that
Cayman and the Boxer was supposed to be. I think
(36:19):
this was the last year of internal combustion production, going
electric next year. But they're going like, well, hold on,
hold on, the demand isn't there. Maybe this is not
a road we want to go down. But the only
reason they're going down that road is because the edicts
and mandates from the European Union.
Speaker 2 (36:34):
Yeah, that's very true, and I think you know, they
also presume, based on Biden policies that we were mirroring.
Really he was adopting and mirroring what Europe was doing,
and we had executives from Daimler there, from Volkswagen. As
you point out, which owns a lot of different brands
as well as BMW was there and they're rethinking their
(36:57):
strategy because they've admitted privately that the sales of EV's
have dropped. They got excited in the beginning, but what
they failed to realize is there is this early adoption
period where a lot of people want to try it out,
and the age of early adoption ended about a year ago.
So EV sales, even with these incentive has been falling
fairly flat. And you know, Ford Blue is losing their
(37:20):
shirt on on their EV side. So I expect to
see a change of heart I suspect coming up because
they're just not going to get the market penetration and
saturation that they want.
Speaker 1 (37:34):
And again, if you want to drive an EV, you.
Speaker 2 (37:36):
Got an extra stall in the garage, one around town
car fine. But these mandates have been overturned. The Trump
administration has reversed its tailpipe emission rule, which we called the.
Speaker 1 (37:47):
The f EV mandate and mandate.
Speaker 2 (37:50):
So that's all been reversed and we're getting back to
you know, if you build something the consumer wants to
purchase and have at.
Speaker 1 (37:58):
It, it's exactly right. And the other elephant in the room.
You talk about the European Union thinking we were going
to go in that same you know, mindless direction towards
the full adapt to our adoption of electric and the decarbonization.
New administration. Going back to the point, administration change, people's
attitudes change. They reflect back on maybe this isn't a
good idea. Look what happened in Europe. Let's not go
(38:20):
down that road. So we've got rid of the EV
mandates effectively. Good, they see that. But for me, this
whole carbon output, climate change alarmism and the restrictions and
the throat cutting that European and westernized countries or developed
countries were going, I guess because of guilt or something,
(38:43):
they left China and India and the other major polluters
out of the equation. Yeah, massive, massive polluters. While we
struggle against this Sisophian challenge to get rid of carbon,
they're meanwhile building all kinds of brand new coal power plants.
Speaker 2 (38:56):
Well, and this is what concerns me, and our research
is indicate if you look at this from a purely
power play, right, China has a well documented history of
entering to a market, dumping a product at a very
cheap price to destroy the domestic industry and then they
take over and they raise their prices back up. We've
(39:17):
seen it with coal, We've seen it with a lot
of diveneurs, which is a big concern. Even if you
do want to go to this direction. China controls eighty
plus percent of the entire supply chain for renewables. This
is not by accident, folks, They were thinking ahead and thinking, yeah,
these guys want to do this.
Speaker 1 (39:34):
And guarantee you they are the biggest influence peddlers on
the planet in terms of propaganda behind this global climate
change crest.
Speaker 2 (39:41):
They are one hundred percent. And so if you take
China and India and put them together and CO two
is your thing, they're responsible for more than the United
States and Europe combined. They're responsible for forty percent of
CO two. And while we've been talking, they've probably put
another coal power plant online.
Speaker 1 (40:00):
Exactly, and they're loving every minute of it. And they're
the ones stirring the pot social media. It's easily accessible
from the four corners of the world, and they're going
to do that to advance their own best interests because
they put their own best interests first, unlike us. Brigham
McCowan it has been a pleasure having you. And next
time we'll get the story of your cross country trip
in your tesla. Apparently it took a little bit longer
(40:20):
than you thought. Shocking, absolutely no one. Briga McCown will
look fine, and you will find you with Charge Communication
or Charge Conversations podcast. Find you at Hudson dot org.
And of course your students said Miami University will find
you in class when classes in session.
Speaker 2 (40:34):
Brian, thanks very much, and you can also find me
on any of the major social media sites. And yeah,
love to hear any ideas folks have for our research.
Speaker 1 (40:42):
Wonderful do that. Briga McCown has an open door, folks,
stick around. Congressman David Taylor after the top of the
hour news followed by Jack Windsor from the Ohio Press Network,
It's going to be some good conversation coming up in
the next hour. News happens fast, stay up to date.
At the top of the hour, going to be complicated,
it's going to go very fast and fifty five KRC
(41:04):
the Talk State
Seven six on a Friday Extra Special Friday, the Return
of Brigha McGowan from the Hudson Institute. Is also a
professor of the University of Mina University and he is
an energy expert. Charge Conversations is the name of his podcast.
I strongly encourage you to follow that one hear what
he has to say about energy policy. Brigha McGowan, It
is fantastic seeing you in studio, my friend. I appreciate
(00:35):
your willingness to come on in and talk to my
listeners of me today.
Speaker 2 (00:38):
Good morning, Brian, thanks for having me in the studio.
It's an honor to be back here and happy to
be back in America too.
Speaker 1 (00:45):
Well, and that's where I was going, because I understand
he just came back from a conference in France. It
wasn't on economics, you say, generally speaking.
Speaker 2 (00:54):
Yeah, generally speaking on economics, and of course we know
that energy is a key component to economics.
Speaker 1 (01:01):
Yeah, learning about that in Germany, where they apparently have
fallen off the map in terms of production capabilities because
of the unsteady reality of energy and how outrageously expensive
they've made it. I don't necessarily want to dive onto
them first. But I mean I said, I kind of
figured that if the conclusion of this hour together, I
was going to reach the boiled down proposition or conclusion
that Europe in the European Union is a cautionary tale
(01:25):
for what a roadmap for what we should not do
here in the United States.
Speaker 2 (01:29):
Absolutely, And you know, I think a lot of us
think fondly on Europe and we're like, oh wow, you know,
they're so advanced in this or that, and you know
when it comes to energy and frankly more and more
on general policies. In general, Europe is not the leader,
they're the laggard.
Speaker 1 (01:45):
Yeah, we always talk about how great our relationship is,
and yes, they are our allies. We do have defense
agreements with NATO aligned countries, and we did rebuild them
in the aftermath of the World War Two. But you know,
it's kind of like Vietnam. You know, we expected him
to go full on commune and we lost, you know,
fifty four plus thousand American men fighting that battle to
(02:08):
stop the Red scourge, and we didn't. But it really
is more of a kind of like European nation. We
trade with them, we exchange with them, we have they
are I would say more capitalists than communists. So the
world's turned out to be an interesting thing. But as
contrast to the Europe. Europe we expected to be this
great capitalist bastion and free markets and everything like that,
(02:31):
but they've drifted away from that into this full on socialism.
They you know, the value add attacks all them edicts
and mandates. I know you're I know, UK is no
longer in the European Union. But if you want a
great illustration of how micromanaged people's lives are, watch Clarkson's farm.
Have you seen that show?
Speaker 2 (02:50):
I have Jeremy Clarkson, And you know, it's, uh, it's funny,
but it's sad exactly.
Speaker 1 (02:58):
You can't help but laughing. But you know, the the
just the absolute micro management of literally anything he does
on his own private property. It's they're just obsessed with it.
But that's like the European Union. I mean, that's just
the way they are. It is absolutely like the EU.
Speaker 2 (03:16):
And you know what's really sad about the UK is
you know there our law is founded on their law
of generalities, not you know, the Napoleonic Code very specific,
the Germans very specific. You kind of get that, but
this has even happened in the UK, which, by the way,
they are very happy to say they have phased out coal,
(03:37):
and they're less happy to say that they have the
highest energy prices in all of Europe.
Speaker 1 (03:42):
Exactly, and they go hand in hand. I mean, you
need inexpensive, reliable, emphasis on reliable energy production. If it
ain't reliable, the lights are gonna go out, They're gonna
be rolling blackouts, and that's you run into that you
don't have some efficient, affordable support have energy clearly stated.
Natural gas and coal are reasonably affordable and readily available
(04:06):
and provide regular, unstoppable power production. Solar panels, windmills do not.
And then they always want to exclude nuclear from the discussion.
At least France has more nuclear plants and they can
safely say that, look, we've got reliable energy production. But
you can't say that in Germany. No, you can't say
that in Germany.
Speaker 2 (04:25):
And you know, this is what happens when you know,
people's politics get into policy, and Germans have always had
an adverse reaction to nuclear power.
Speaker 1 (04:36):
It's been part of the their their.
Speaker 2 (04:38):
Green Party, which was until recently part of the governing coalition,
and so the greens were given, you know, the Economic Ministry,
which includes their climate and energy ministries, and they're like,
you know, no, we're phasing all this stuff out. We're
shutting down our nuclear power plants.
Speaker 1 (04:55):
But their mindset is stuck in you know, Chernobyl era
or seventies era three Mile Island type mindset where yeah,
there was some problems, but we don't have that technology anymore.
We've got modern, safe, efficient, reliable, very little to no
waste nuclear power production the form of these small modular
reactors that can literally go anywhere and don't take up
(05:18):
that much space.
Speaker 2 (05:19):
They don't and you know, speaking of that, the Trump
administration is working toward adding four hundred gigawatts of nuclear
power onto our grid by by mid century. So nuclear power.
You're right. You know, I love classic cars, right, but
(05:41):
you know all my dad's old nineteen sixty six Mustang
was a great one, but it didn't exactly have the
same features so modern car has.
Speaker 1 (05:51):
That's so funny you bring that up, because I am
a huge fan of late sixties Mustang Fastbacks and my
dad had a friend who did basically a rotisserie restoration
on a sixty seven Mustang Fastback and he knew I
loved him, and he said, I know he doesn't want
to buy it, but he's walking to come over here
and drive it. Like, oh my god, I've never been
able to drive one. So my son and I went
(06:12):
over to his house hopped in this thing, and I
was so excited. Pulled out on a knee road and
I ended up driving about four miles. I pulled back
in his drive. He said, well, that was a short trip.
I said, yeah, and my bubble is completely burst. Yeah.
I mean you got to plan on breaking, you know,
I mean, a know, four wheel disc brakes on that sucker,
no power steering at all. It just it was like
(06:35):
driving around in an empty coke can. Yes, just loud
and flimsy. I mean, you know, it's like I take
a modern car all day long over this rick anything.
Speaker 2 (06:48):
Well, yeah, my dad's was a a convertible and I
really thought the chassis was going to come off the frame.
Speaker 1 (06:58):
For reason to modern cars, Yeah, but that was the
norm back then, right, So to your point, a nineteen
sixties nuclear power plant is not the same thing as
a brand new power plant. The fuel is different.
Speaker 2 (07:13):
You know, nuclear fuel today is only enriched by three
maybe four percent.
Speaker 1 (07:18):
It's not like the old stuff, not like what the
Uranians were producing.
Speaker 2 (07:22):
No, no sixty plus for peaceful Yeah, yeah, whatever, it's not.
And you know the way the reactors work today, they're
just they're just far different. And you know, really, America
needs to build these SMRs. They even have microreactors, and frankly,
we need to keep building the large ones too. And
there's a good new advanced gen it's called a Westinghouse
(07:43):
design reactor that can produce a lot of power. So
we need all of that. Yeah, and why not.
Speaker 1 (07:51):
It doesn't produce carbon for those people who are worried
about carb production, and I think bring them. This is
illustrative of the reality that they the left the green.
They don't want inexpensive, abundant energy that creates comfort. It it
bolsters the middle class, It makes living easier, more enjoyable,
(08:12):
more comfortable. It creates wealth. And that's all the antithesis
of what they want.
Speaker 2 (08:17):
It is they all want us to live in a
communal society and be dependent upon the government and not drive,
not have our own lifestyle because they are not free,
open market society, wealth generation people.
Speaker 1 (08:33):
That's not their stick. Yeah, because capitalism destroys the planet
or whatever. And the key to capitalism and wealth and
abundance is inexpensive abundant electricity. So we'll continue to bring McCallan.
He's going to give you a fun fact speaking of France,
which is where he was for this economic conference conference,
Franci's gross domestic product. Where does that stand relative to
(08:55):
the United States and the rest of the world. You'll
be blown away by this, when at least I was
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Speaker 3 (10:05):
Fifty five krc our iHeart True.
Speaker 1 (10:11):
Here is your Shannon nine first one with a forecast sunny,
hot and humid day ninety for the high feeling more
like upper nineties. Maybe an isolated shower showing up overnight
clear mile seventy one Tomorrow afternoon showers and storms following
mostly sunny start of the day with the high on
ninety one. Overnight lowes seventy described as muggy and mostly cloudy,
and they say to expect rain on Sunday it'll be
cloudy at least partly cloudy. Otherwise eighty eight for the
(10:34):
high then right now seventy two degrees. Let's hear about traffic.
Speaker 4 (10:36):
Conditions from the u SEE Health Traffic Center. You see
Health has expert traumacare focusing on prevention, treating injuries, and
supporting long term recovery and rehabilitation.
Speaker 3 (10:46):
Learnmore at you see health dot com.
Speaker 4 (10:49):
There's an accident to seventy five westbound at the Ward's
Corner road. It's on the left shoulder, a stall two
seventy five westbound at level of Madeira. It's on the
right side, and the accident's seventy five seven where the
Brent Spence Bridge has cleared but launched for residual delays.
I'm Heather Passco on fifty five kre SEE the talk station.
Speaker 1 (11:09):
Seven nineteen to fifty five cair CD talk station. And
by the time I see with Briga mcow from the
Hudson Institute Energy policy expert, he is and he has
a Charged Conversations podcast which I recommend you listen to,
speaking about France. As we exited the segment, Brigham, you
let me now, let's give France the props for getting
sixty seven percent of their power from nuclear energy and
(11:32):
that is an example of how you can have secure
low carbon energy leadership. It's in the European Union. Germany's
decided it's phasing out it's nuclear plants for reasons completely unknown,
while it has one of the highest energy prices in
the entire European Union. France I have gone the other way,
relying on nuclear power a lots. That's great. Use them
as an example. Have you had any problems with nuclear
(11:53):
power in France? The answer no, right, no.
Speaker 2 (11:56):
In fact, the only problem you've had is because the
grids are starting to be interconnected. The French are complaining
because Germans want more and more electricity from France.
Speaker 1 (12:04):
Save me from myself, France.
Speaker 2 (12:06):
So they had that, and then the French had to
restart Spain after it's bread went down too.
Speaker 1 (12:13):
So yeah, yeah, well, thank god they had the nuclear
power to provide enough that they have extra for everyone else.
So I'm going to vivek Ramaswami when he was on
the program, and I've talked to him several times about this.
He wants to know how to be the leader in nuclear
power so much so that we can actually have an
abundance to sell to the idiots in the Northeast region
who keep going the opposite direction facing power outages. So
(12:35):
maybe some hopeful the state of Ohio here but pivoting
over to France as a model while they do rely
on nuclear power to their success. From an economic standpoint,
I could not believe what you told me before the
show started. Let my listeners know this fun fact. Yeah,
you know, it's interesting. I didn't realize this fact. In France,
(12:56):
the media and household income is between twenty five and
thirty thousand euro that's about twenty eight to thirty two
thousand dollars after tax, with a poverty rate of fourteen percent.
Basically that aligns with Mississippi, whose nominal GDP per capita
(13:16):
is forty one thousand and median household incomes fifty four thousand,
with a pretty similar poverty rate. Well, so the entire
country of France and everything that they build and produce
gives you that standard of living. They've they've made it
up there. And I'm not knocking Mississippi.
Speaker 2 (13:30):
I've got a kid that goes and goes to Ole,
miss and you know, it's a great state. But when
you think of France, right, you think of one of
the largest countries in Europe. I don't think you think, well, yeah,
they're about as rich as Mississippi.
Speaker 1 (13:45):
Yeah, I know, it's really really hard to believe. So
what else did you learn at this conference? What was
some of the takeaways you got from.
Speaker 2 (13:53):
Being well, yeah, yeah, I mean, well it was a
great Honestly it was. You know, it's real thrilled to
be invited to it. You know, almost nine thousand attendees
on side one and a half million online views already.
Speaker 1 (14:08):
Wow. Yeah, so people do look at this.
Speaker 2 (14:11):
And the the good takeaway is people are starting to say, hey,
we have to sort of become more realistic. In fact,
the theme was the shock of reality, and the literal
translation from French is it offends it offends me this
this lack of reality. But then they immediately go down
the rabbit hole of gosh, we need more regulations, and
(14:33):
if we did more regulations, that would make us better
and more competitive. And you know, I told them that
they had it wrong. You need less regulation, You need
to unleash innovation, and and that that never comes from
the federal government trying to regulate something.
Speaker 1 (14:49):
No, it doesn't. They're not they're not interested in in
in improving lives or coming up with new ideas. And honestly,
anytime anytime something new comes out that there's a demand for,
that becomes popular, the federal government decides or the state
government's decide, well, we're going to tax that. And why
is that? Why are you treating that particular category or
(15:09):
product as outside of the normal product. Well, because it's new,
that's why. Yeah, I mean, vapes come to mind, and
I know people are against vapes or in favor of
apes for whatever reason, but you know, it's an alternative tobacco.
Nicotine is not illegal. It's a nicotine delivery product. So
why would you treat that any different than if you
decided to open a chewing gum manufacturing company and sell
(15:31):
chewing gum. Do you tax chewing gum at a twenty
percent higher rate just because it's chewing gum? No? But
you see, it's new.
Speaker 2 (15:38):
You know you have this in Europe And in fact,
one of the complaints is, well, energy prices are too high,
so we will just put a cap on how high
energy prices can be.
Speaker 1 (15:47):
And I'm like you, guys, you're economists.
Speaker 2 (15:49):
Do you not understand the law of supply and demand? Guys,
nine economists at this, and they come up with that.
They yeah, they come mom, Donnie. And then on the
opening session there was a gentleman from a Council of
Economic Advisors on the White House who's probably a career person,
not necessarily a politically appointed person. White House has more
(16:12):
career people that work there than you know, politically appointed people.
And a lady on stage who's a member of the
EU Parliament from France was just going after him for
Trump and he's rude and obnoxious and this is not
how you treat friends. And he said, oh, well, don't
treat friends by having disparate trade policies. You don't treat
(16:34):
friends by singling out American companies. You don't, You're not
friends by And the more he said in a logical fashion,
the more she emotionally.
Speaker 1 (16:45):
I thought she was going to helicopter off the stage
through the roof. That's what happens when they're confronted with
logic and reason. Yeah, the name calling and the broadbrush
painting falls apart under any thoughtful analysis and they're left
with literally nothing to defend their position with, so they
start screaming and calling names.
Speaker 2 (17:01):
And yes, and actually a couple other French panel members
chastised her and said, look, you know, the game has changed.
Trump has done positive things for Europe. We've not been
paying for our defense for fifty years. And if you
look at it from America's perspective, they've been guaranteeing European
security for over one hundred years.
Speaker 1 (17:25):
So and what did it deliver us a whole block
of basically socialist, micromanaged countries.
Speaker 2 (17:31):
Well, instead of spending money on defense, they've been spending
it on all their social programs.
Speaker 1 (17:36):
Into the logical argument on that, why would they want
to be beholden to the United States of America for
their security?
Speaker 2 (17:43):
Well, I think you know, the reality is they felt
the end of the Soviet Union it was all good.
Speaker 1 (17:49):
I've always used that our moral barometer ended when the
Soviet Union fell. It really did. But you've got Brian.
Speaker 2 (17:56):
You have other countries like Poland, who since the fall
of communism have seen their economy increase ninefold. They're now
in the top twenty of all countries in the world.
Because the Central and Eastern European people get it, because
they're not so far removed from.
Speaker 1 (18:14):
It, they remember it like it was yesterday. Do not
go down that road or back down that road is
the case. Maybe mor Briga mcgawan and seven twenty six
up and seven twenty seven right now fifty five cares
to the detoxation. Another opportunity for minute of place. I
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(18:35):
an ideal space to reflect on life. And that's why they,
I mean, they promote that message life at all stages,
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someone who's passed on, although that's certainly a point of it,
but to just contemplate life and the beauty of life,
and the importance of life, and the importance of maybe
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or prayer in this gorgeous, gorgeous environment. And they invite
(18:58):
you to do just that. Everyone is welcome at Gate
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the beauty of God's creation right there again on Montgomery Road.
Online you can learn all kinds of information at the website.
It's Gate of Heaven dot org. That's gateof Heaven dot org.
Fifty five car the talk station. Did you know here
(19:20):
is your Channel nine first morning Wether forecast going to
be a sunny day to day, hot and humid ninety
degrees for the high, feeling more like upper nineties with
the heat index. Isolated showers are a possibility. Overnight clear,
mild seventy one, mostly sunny start of the day tomorrow,
but they're expecting afternoon showers and storms ninety one for
the high. Muddy overnight mostly clouds in the lull of
seventy and then they say expect rain on Sunday, partly
(19:41):
body skies otherwise I have eighty eight right now, it's
seventy two. In time for traffic update.
Speaker 3 (19:47):
From the u See Health Traffic Center.
Speaker 4 (19:48):
You See Health has expert traumacare focusing on prevention, treating injuries,
and supporting long term recovery and rehabilitation.
Speaker 3 (19:55):
Learn more at you see health dot com.
Speaker 4 (19:58):
We do have an accident to seventy five west found
after Ward's Corner Road. It's on the left shoulder, and
an accident I seventy five northbound after the Lachland split.
The left lane is blocked, so watch for these to
slow downs. I'm Heather Pasco on fifty five krc the
talk Station.
Speaker 1 (20:16):
Seven thirty one, fifty five KRCV talk Station, Happy Friday.
Brian Thomas here with Hudson Institute and Miami University professor
Brigham McGowan talking energy policy on his return from the
Economic Summit in Europe. Wildly popular. Nine thousand attendees that
are economists and other noted notables like Brigha McGowan. More
than a million and a half online viewers so far,
(20:37):
three hundred journalists showing up. Talk about economic policy, Energy
policy included. And did the subject of the European Unions
and NATO's security come up, because you got this little
pesky thing called Russia's invasion of Ukraine, and I know
they're all incensed about it, and they keep looking to
us to provide Ukraine with more weapons, even though there
are very few Ukrainian soldiers left to operate them. Russia
(20:58):
continues to make advances. It's been a brutal bloodbath for
both sides. It just looks awful. But since Ukraine is
not a member of NATO, they're not part of the
European Union. They just happen to be sort of right there.
Has it brought about me? Is there any concern awakening
over security? Clearly there has been a move in the
right direction where they're going to start defending themselves or
(21:19):
at least have the ability to defend themselves with this
five percent GDP allocation for military reasons and security reasons.
But what about how does this relate to energy policy?
You'd think that the nord pipeline or nothing. Yeah, the
was it? The nord pipeline, Nordstream Nordstream pipeline got blown
up at the outset of the conflict, Russian energy was
shut off and depriving the European Union of But then
(21:40):
they had to do workarounds to continue to get and
support Russia's military by buying their fuel supply. I mean,
it doesn't make any sense.
Speaker 2 (21:48):
You know, it really doesn't end for if you go
back to the Soviet Union days, they were so cash strapped.
They operated in two different worlds. They had their political
military world and then.
Speaker 1 (21:59):
They had the hey buy our.
Speaker 2 (22:01):
Energy and you know, we promise you will never use
that as an instrument, and they didn't. Putin's not the
same guy, and he's leveraging everything he can. And again,
after the end of the Cold War, germany first policy
was let's talk about renewables, but let's buy as much
(22:22):
cheap oil and gas from Russia as we can possibly
get in both Nordstream one and Nordstream two, where German projects,
where the former Chancellor of Germany, Gearhart Schroeder was actually
on the Russian board trumpeting all this stuff.
Speaker 1 (22:37):
Yeah nothing here, move along, you know.
Speaker 2 (22:40):
So uh yeah, And Merkle had this German first policy
and it completely backfired him because it's the don't keep
all your eggs in one basket. Diversification of supply is
very definition of energy security plus affordability.
Speaker 1 (22:57):
Well, look, administration's change, the trouve administration taking a hard
line on Europe and it's the need to defend itself. They
didn't do that before. So you have a new president
in Vladimir Putin that's not the former Soviet Union's dictator.
He is using energy as a weapon. You don't have
to drop a bomb, just slip the energy switch off. Ah,
sucks to be you. Yeah.
Speaker 2 (23:16):
The you know what has surprised me over all this
is the naivete In Europe. Yeah, these pieces and you know,
but you know, Brian, their adults, they understand this because
part of the joke in Europe is, well, a great
crisis in the world happens, and we Europeans go to
the cafe and have a latte and complain about it. Meanwhile,
we expect you guys in Washington, DC to do something
(23:37):
about it. It's learned helplessness. It's like you're an all
kid living in your basement. Mom and dad are buying
everything for you.
Speaker 1 (23:44):
Exactly, and again we're the ones providing them with security. Yeah,
I mean, we're the armed forces. We are the police
department in essence for the European Union, and we have
been for years and years and years. And again I
would be in a very I'd be extremely unsettled as
a European to have that as my reality. WHOA what
a second, like using energy as a weapon. What if
(24:06):
the United States wants to flip the switch, which is
kind of what Donald Trump is sort of doing in
the sense that he's not providing Ukraine with weapons. Well
now he is, but you know, and he could cut
off the European Union in so far as defense is concerned.
Speaker 2 (24:18):
Absolutely, and just yesterday, Secretary of State Mark or Rubio said, hey, look,
we're we're trying to deliver more weapons to Ukraine, but
the Europeans haven't responded by increasing production, and we're looking
at giving them another Patriot missile battery. But we can't
get to Europeans to offer up their own patriot missile battery.
Right so it's you know, it's talk but no action.
Speaker 1 (24:41):
No action, action mor with Briga McCallan. It's something thirty
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(26:09):
Channel nine. First morning weather forecast. Go to Hotland today
ninety degrees real degrees and then upper nineties is what
it's going to feel like. They say that whole pest
et index because it's going to be mostly sunny, hot
and humid. Isolated showers later today as well, clear skies
over night. Seventy one be low ninety one to high
tomorrow with a sunny start of the day followed by
some afternoon showers and storms. Mostly clouds over night, muggy
(26:30):
and seventy and rain is expected on Sunday eighty eight
for the high, with the next break in humidity predicted
to be Wednesday. Right now seventy two degrees.
Speaker 4 (26:39):
Time for traffic from the u SEE Health Traffic Center.
You See Health has expert traumacare focusing on prevention, treating injuries,
and supporting long term recovery and rehabilitation. Learn more at
you seehealth dot com. An accident this morning I seventy
five northbound after the Lachland split blocks your left lane,
and that's why we're seeing delays from Town Street there's
(27:00):
also an accident on I two seventy five westbounder for
Ward's Corner Road that blocks the left shoulder. I'm Heather
Pasco on fifty five KRC the talk.
Speaker 1 (27:09):
Station fifty five care City Talk Station, Get your podcast
un Charged Conversations with my guests today Brigham Agawan and
Studio talking energy policy on the Heels was returned from
the Economic Forum in Europe in France, where I understand
the European Union, addition to all these other crazy policies,
(27:30):
wants to get rid of air conditioning. I understand this
is just ninety some odd degrees. And they held this
conference outside, yeah, out of doors as they were saved doors.
Speaker 2 (27:39):
And well, you know, it was in the in the
south of France and excellent Provence, which the Provence region
is well known for its rose and lavender fields, and
it's it's very French to throw up massive tents and
in this park we had four different amphitheaters going. But yeah,
(27:59):
it was it was warm, it was above average, and
uh they blamed it on climate change, well a few
people did. And then a couple of days later the
mister winds picked up, which is also a normal weather
phenomenon when the high pressures move off, and uh, we
got nice cold winds from the Alps sweep down. So
(28:23):
that's climate change too change. It was really nice, but yeah,
to your point, and to be fair, you know, in
most European countries you don't have two parties, you have
six eight ten, and so a far left French politician
on the green side called for the elimination of air
(28:44):
conditioning because, uh, you can conserve your way to prosperity
right by producing less. And that was one of the
points I made, is economic security depends on you having
all the stuff you need. Energy is part of that.
Energy abundance brings prosperity. They don't want prosperity, they don't
(29:06):
and the energy scarcity equals poverty, folks. Exactly, It's that straightforward.
Speaker 1 (29:13):
I mean, I suppose, by some twisted circuitous route, if
you take air conditioning out of the equation and power
was not being generated for air conditioning, that extra unused
power that used to go to air conditioning could be
used to serve the means of production unless you could
(29:34):
become more abundant. Brigham, how about that?
Speaker 2 (29:37):
I guess, So I guess they're leaving aside the fact
that thousands of elderly in Europe die every year from
the black from heat, and you're not you're not, well,
that's true too.
Speaker 1 (29:52):
Well, we'll probably next want to get rid of heat
in the winter time possibly.
Speaker 2 (29:56):
But you know, the other thing I figured out is
in Europe, air conditioning doesn't necessarily mean air cooling. I'm like,
it's hot in here, and like, well, yes, we're conditioning
the air. We're removing like a dehumidifire, not actually cooling anything.
Speaker 1 (30:10):
So the exacerbating factor of the extra moisture will be removed,
but the temperature will remain the same. That's why one
hundred and ten degrees doesn't feel hot when you're in Arizona,
because it's it's a dry yeah, right, it's a dry heat.
And you know, this gets back to Brian.
Speaker 2 (30:25):
Look, if if I don't know, pick solar power, pick
wind energy, if it were awesome, if it were inexpensive,
if it.
Speaker 1 (30:35):
Yeah, yeah, you know, uh, no need for subsidies.
Speaker 2 (30:38):
People buy things that they want to buy, right if
people made what folks want to buy. And I say, well,
you know, but we just don't know what's good for us,
so we have to introduce all of these levers and
put your finger on the scale and move stuff around.
By the way, the energy credit, if now's the time
(30:58):
to get your solar power or your your tesla what
do they call that the battery backup system? Because that
thirty percent tax credit that Joe Biden put in is
over at the end of this year. Yeah, your fingers
on the scale, right, Yeah.
Speaker 1 (31:14):
Well, you know I had to the shirt. I had
to give it to my daughter because it sent to
me the wrong side. Good ideas do not require force
or coercion, and tax incentives and rebates and things of
that nature caused people to do something that otherwise would
not have done. Exactly, you're trying to do this electric
vehicle in my family's best interest, considering what I need,
(31:35):
the range, and all that these logical things we walk
through in terms of the selection of a vehicle, and
then you got, well, it's going to cost me ask
for this internal combustion engine car, but I can get
seventy five hundred dollars off if I go that direction
and get an electric vehicle. You end up buying one
of those and then struggle with the downside realities.
Speaker 2 (31:51):
Of it, absolutely, and you know, just just to be
fair to you and the listeners, I own a Tesla.
Speaker 1 (31:57):
I've got one. I know you did.
Speaker 2 (31:58):
I've had one six years, right, early adopter. It's cool,
it's fun, it's fast. But a recent study just came
out that said the same three issues that we're plaguing
people wondering whether they wanted to buy an electric car
are still there. Range, how I'm charging it, and the
fact that when it's too hot or too cold, you
(32:19):
can take that battery and discount it by thirty to
fifty percent.
Speaker 1 (32:23):
Yeah, that's a huge limitation.
Speaker 2 (32:25):
I mean, it's great for around town. I love my car.
I've actually driven it Brian across the country. I'll have
to tell you about that another day. But it wasn't easy.
Speaker 1 (32:36):
I guarantee you. I can figure out my head spin
it through all the scenarios and proms you to go
through a coffee break. We're in the hell's a charging station, Yeah,
you get a parking Maybe hopefully you brought a lot
of like Mitchener length novels or Dostoyevsky novels to keep
your keep you busy for those multiple hour pauses. We'll
continue one more with brighamcallan after a quick word for
(32:56):
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station Jenna nine onether forecasts. It's going to be hot today.
(34:00):
A ninety genuine degree is feeling more like upper nineties
because it's going to be very humid today. Mostly sunny
Sky's isolated shower is possible, clear and mild over night
seventy one to the low ninety one to the high tomorrow.
Sunny started day with afternoon showers and storms, clouds and
muggy conditions overnight with the LOLd seventy and the next
state to expect rain on Sunday high of eighty eight
(34:21):
seventy two degrees. Right now.
Speaker 4 (34:22):
Traffic time from the UCE Health Traffic Center. You See
Health has expert traumacare focusing on prevention, treating injuries, and
supporting long term recovery and rehabilitation.
Speaker 3 (34:33):
Learn more at u seehealth dot com.
Speaker 4 (34:36):
There's still an accident on I seventy five North Bend
after the Lachland Split, blocking the left lane. You're slow
from Town Street. Also on two seventy five West Man
Afterwards Corner Road, there's an accident with all vehicles on
the left side.
Speaker 3 (34:49):
I'm Heather Pasco on fifty five KRC the talk.
Speaker 1 (34:52):
Station seven to fifty Right now, if you've have KRCD
talk station and hope you having a wonderful Friday. Coming
up out for cop and news Congressman David Taylor, the
return of Congressman Taylor to talk about the great, big,
beautiful Bill and what things are good in there, and
I know there's a lot of good in there, and
of course maybe not, of course, but if you're just
finding out. Jack Windsor, editor in chief of the Ohio
(35:12):
Press Network, returns at the bottom of the hour eight
thirty to talk about veto over rides in the budget,
something we talked about with Donald and Neil from Americans
for Prosperity earlier in the week. He can listen to
the podcast fifty five KRC dot com plus small business
owners in Ohio are struggling to fill jobs. Jack will
be talking about that as well in the meantime from
the Hudson ins Too Final online at Hudson dot org.
(35:34):
Doing some great work at the Hudson Institute, Briga mcgawan
and studio about his trip to Europe and the dysfunction
that he witnessed in Europe in terms of energy policy,
their pursuit of zero carbon emissions, and we didn't talk
a whole lot about the auto industry, but the European
Union really really really driving the insanity going on in
the automobile world with regard to European manufacturers moving all
(35:57):
the way over and embracing electric technology. I know Swagen
has Audi of course, one of the same umbrella. Porsche's
moved a lot over to electric, and I even have
read a bunch of articles they make several different electric
versions of the cars over Porsche. But the cutoff date
for the internal combustion engine I think as respects that
Cayman and the Boxer was supposed to be. I think
(36:19):
this was the last year of internal combustion production, going
electric next year. But they're going like, well, hold on,
hold on, the demand isn't there. Maybe this is not
a road we want to go down. But the only
reason they're going down that road is because the edicts
and mandates from the European Union.
Speaker 2 (36:34):
Yeah, that's very true, and I think you know, they
also presume, based on Biden policies that we were mirroring.
Really he was adopting and mirroring what Europe was doing,
and we had executives from Daimler there, from Volkswagen. As
you point out, which owns a lot of different brands
as well as BMW was there and they're rethinking their
(36:57):
strategy because they've admitted privately that the sales of EV's
have dropped. They got excited in the beginning, but what
they failed to realize is there is this early adoption
period where a lot of people want to try it out,
and the age of early adoption ended about a year ago.
So EV sales, even with these incentive has been falling
fairly flat. And you know, Ford Blue is losing their
(37:20):
shirt on on their EV side. So I expect to
see a change of heart I suspect coming up because
they're just not going to get the market penetration and
saturation that they want.
Speaker 1 (37:34):
And again, if you want to drive an EV, you.
Speaker 2 (37:36):
Got an extra stall in the garage, one around town
car fine. But these mandates have been overturned. The Trump
administration has reversed its tailpipe emission rule, which we called the.
Speaker 1 (37:47):
The f EV mandate and mandate.
Speaker 2 (37:50):
So that's all been reversed and we're getting back to
you know, if you build something the consumer wants to
purchase and have at.
Speaker 1 (37:58):
It, it's exactly right. And the other elephant in the room.
You talk about the European Union thinking we were going
to go in that same you know, mindless direction towards
the full adapt to our adoption of electric and the decarbonization.
New administration. Going back to the point, administration change, people's
attitudes change. They reflect back on maybe this isn't a
good idea. Look what happened in Europe. Let's not go
(38:20):
down that road. So we've got rid of the EV
mandates effectively. Good, they see that. But for me, this
whole carbon output, climate change alarmism and the restrictions and
the throat cutting that European and westernized countries or developed
countries were going, I guess because of guilt or something,
(38:43):
they left China and India and the other major polluters
out of the equation. Yeah, massive, massive polluters. While we
struggle against this Sisophian challenge to get rid of carbon,
they're meanwhile building all kinds of brand new coal power plants.
Speaker 2 (38:56):
Well, and this is what concerns me, and our research
is indicate if you look at this from a purely
power play, right, China has a well documented history of
entering to a market, dumping a product at a very
cheap price to destroy the domestic industry and then they
take over and they raise their prices back up. We've
(39:17):
seen it with coal, We've seen it with a lot
of diveneurs, which is a big concern. Even if you
do want to go to this direction. China controls eighty
plus percent of the entire supply chain for renewables. This
is not by accident, folks, They were thinking ahead and thinking, yeah,
these guys want to do this.
Speaker 1 (39:34):
And guarantee you they are the biggest influence peddlers on
the planet in terms of propaganda behind this global climate
change crest.
Speaker 2 (39:41):
They are one hundred percent. And so if you take
China and India and put them together and CO two
is your thing, they're responsible for more than the United
States and Europe combined. They're responsible for forty percent of
CO two. And while we've been talking, they've probably put
another coal power plant online.
Speaker 1 (40:00):
Exactly, and they're loving every minute of it. And they're
the ones stirring the pot social media. It's easily accessible
from the four corners of the world, and they're going
to do that to advance their own best interests because
they put their own best interests first, unlike us. Brigham
McCowan it has been a pleasure having you. And next
time we'll get the story of your cross country trip
in your tesla. Apparently it took a little bit longer
(40:20):
than you thought. Shocking, absolutely no one. Briga McCown will
look fine, and you will find you with Charge Communication
or Charge Conversations podcast. Find you at Hudson dot org.
And of course your students said Miami University will find
you in class when classes in session.
Speaker 2 (40:34):
Brian, thanks very much, and you can also find me
on any of the major social media sites. And yeah,
love to hear any ideas folks have for our research.
Speaker 1 (40:42):
Wonderful do that. Briga McCown has an open door, folks,
stick around. Congressman David Taylor after the top of the
hour news followed by Jack Windsor from the Ohio Press Network,
It's going to be some good conversation coming up in
the next hour. News happens fast, stay up to date.
At the top of the hour, going to be complicated,
it's going to go very fast and fifty five KRC
(41:04):
the Talk State
Brian Thomas News
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