Former U.S. Senator Judd Gregg (R-N.H.) and Christy Goldfuss, a former Obama energy official and now senior vice president for energy and environment at the Center for American Progress, join CNBC’s ‘Squawk Box’ to discuss the Biden administration’s energy policy, the energy crisis facing Europe and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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27 Comments
How can an economist miss putting solar on a home reduces cost and brings more supply to others BLINDED BY HATE
He is absolutely correct!
Thanks Biden for leading us into war with Ukraine
unicorn farts
then bring all your guns the whole NATO to finish Putin and control the gas and if you can't then compromise to him and not this proxy war its either go all out or worked with him.
we get it Christy you were a Title IX hire
Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.
She has no real answers….
"..as long as it is economically viable" at the end of suggestions disqualifies them. Also SOLAR is the solution, so the premise of the discussion is false..
They don’t get it don’t they. If there is no serious energy transition live will for most people on this planet be a catastrophe. How bad does it need to get for these people to understand that burning fossil fuels will destroy our planet. The cost of not stopping of burning fossil fuel is exponentially much bigger then stopping burning. How bad does it need to get?
Democrats are losing the plot 🤭
Thanks<, for the update I always appreciate the insight. <I'm really blown away by the fact that having watched your videos for so long, I had the same opinion that you are putting forth in this video. <The sudden plunge in the crypto market is being attributed to the Fed’s expected interest rate hike in September. Bitcoin is on a uptrend and has dropped by 4% in the past 24 hours, the key areas of support are the 0.5 Fibonacci level from the low in June to recent high. The second level is in the golden pocket region around $20.5k. I think bitcoin will continue its wild swings between $21-24.5K the market dynamics of the last few days, as of now, two significant developments are on the horizon for bitcoin. My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Randy Philip a professional broker/tradr that has been my mentor, I have accumulated 12' btc! in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive It’s not that difficult. You can reach out to Mr Randy on <ͲeIєɠɾαm his personal handle is @Randy_philip or What'sapp✙447897058026
Lol she got schooled so funny
She acts like someone that has gambling addiction. "We didn't throw enough money to win". Those ppl will bankrupt our governments ppl.
They simply did not transition in scale. Scandinavian countries are running on 70% renewable. The rest of Europe just got comfortable with Russian gas and did not bother to build more solar panels.
there is no cost of living or energy crisis, Russia burning 10 million USD worth of unused gas EVERY DAY near the Finnish border. But the west decided to pay the 'cost of freedom', so pin the ukrainian flag onto your shirt and enjoy the western style of living while it lasts.
Wind, Solar, perpetual motion, unicorn farts and Nuclear.
Only one of those produces 0-zero CO2.
Look at how much energy they waste running CERN. Even to idle it down takes alot of energy supercooling the magnets. Switching it off damages it. No cheap russian oil, it cant run for much longer
Well lady, how do you put yourself in the position to let a dictator from another country control your energy needs?
Let the guest finish talking @ 4.08
I do not think the Counterfactual that Gov. Gregg is talking about would ever exist. The fact is the western Europe was not blessed with much in the way of oil and gas reserves on the continent. The fact is that the gas riches are in the Caucus and near Asia parts of Russia. Russia integration into Europe and market forces drop western Europe's reliance of cheap Russian gas. It was not pursuing renewables. Germany is the poster child for this. The abundant hydrocarbon resource they have is lignite (brown coal). This is not energy dense like hard coal and more polluting for the amount of energy obtained. These basically phased out the use of coal plants burning lignite in favor of natural gas. It had the advantage of being both more economical and cleaner. Market forces at work. It is the same thing that has happened in the US. Coal is not being phased out because of environmentalists… it is being phased out by the market.
Germany has been phasing out nuclear. This is more a fear of nuclear accidents and waste storage than a push does to global warming concerns. You can argue the merits of this decision. I personally think nuclear is a good option for any transition to cleaner energy. These were decision be forged pretty much since Chernobyl prior to the big movement around global warming and reinforced by Fukashima.
Germany could explore Fracking. Prior to this year, it would not have been economical to pursue it (again, those pesky market forces at work). Germany had been investing, along with Russia, in the Nordstream 2 pipeline for energy security. From pure economics and market force, this made sense. If Russia is dis-intergrating with Europe, much to both of their detriments, German should review their bans on fracking.
Blaming the current situation on pursuit of renewables is just not supportable with the facts. I could make a more plausible argument about how market economies let Europe down. The fact is this is a crisis made by Putin fundamental rejection of power cold war/WWII stability in European. It actually shows the power of trade and market force to build wealth when engaged in and how wealth can be quickly destroyed when you destroy markets and trade.
Joe "The Bully" is back!! Europe still has their old carbon plants (coal, nuclear, etc.), and they have the new low carbon production means as well, and they will get through, with some hiccups of course. Japan restarted its old carbon producing facilities after Fukushima, and did just fine. Europe will too. Sorry Joe, you're the dinosaur carbon producing gas bag here.
Judd read the meadows report !! But In fact who cares !!
The general public simply doesn't understand the sheer amount of energy we require just to maintain a basic standard of living.
Leftists are going to have to come to the realization that their adopted religion of stopping climate change at any cost is not physically feasible, or developed enough to be viable. There are huge problems with scaling up renewables and no country has the infrastructure for it.
The true goal of this mantra is destruction of the middle class and ultimately communism.
The farmers, blue collar workers, truckers etc are middle class…..and they are being purposefully squeezed out of existence by their own governments.
Hilarious. He is 100% accurate. She is a nut case, speaking nothing but flat out lies.
All Europe has to do, is drop the sanctions on Russia, and the people won't be paying thousands of dollars more in energy costs, and even freezing and dying.
Of course, this whole situation, was created intentionally, so there is zero doubt that they are going to keep doing exactly what they have doing all the way up to today.
The lady acted like some politicians who are good at daydream.