The Carbon Reduction Paradox: Why Do Some Oppose Nuclear Energy? with Neil Chatterjee
Truth with Vivek Ramaswamy - A podcast by Vivek Ramaswamy - Wednesdays
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In this episode of The Vivek Show, host Vivek Ramaswamy explores the paradox of carbon reduction advocates opposing nuclear energy and discusses the complexities of US energy policy with guest Neil Chatterjee, former Chairman of the Federal Energy Regulatory Commission (FERC). They delve into FERC's role in overseeing competitive wholesale power markets, the challenges faced by differing state policies on decarbonization, and the consequences of shutting down coal plants on communities. The conversation covers the role of public policy and market forces in shaping the energy landscape, touching on the controversial topic of carbon capture pipelines and the potential for fostering nuclear energy without subsidies. Throughout the episode, Ramaswamy and Chatterjee engage in a thought-provoking discussion on the future of US energy policy and the potential for reforming key regulatory agencies. -- Donate here: https://t.co/PE1rfuVBmb For more content follow me here: Twitter - @VivekGRamaswamy Instagram - @vivekgramaswamy Facebook - http://facebook.com/VivekGRamaswamy Truth Social - @VivekRamaswamy Rumble - @VivekRamaswamy -- Indranil "Neil" Chatterjee is a prominent American lawyer, political advisor, and former member of the Federal Energy Regulatory Commission (FERC). He served twice as FERC Chairman, from August 10, 2017, to December 7, 2017, and October 24, 2018, to November 5, 2020. Prior to FERC, Chatterjee was an energy policy advisor to United States Senate Majority Leader Mitch McConnell and held roles with the United States House Committee on Ways and Means, and the National Rural Electric Cooperative Association. Throughout his career, he has been committed to shaping balanced energy policies that promote both energy production and environmental stewardship. -- Time-codes: 00:00:00 - Mystery of carbon reduction advocates not supporting nuclear energy 00:01:19 - Possible anti-growth agenda in the US 00:02:53 - Introduction of guest Neil Chatterjee 00:08:21 - Structure of FERC for independent judgment 00:09:37 - Constitutionality concerns over independent agencies 00:11:59 - Oversight and nomination process reining in radical FERC agenda 00:16:12 - FERC's role in competitive wholesale power markets 00:17:58 - Implementation of a minimum offer price rule 00:20:56 - Reversal of the minimum offer price rule after 2020 election 00:34:36 - Vivek questions the need for a top-down energy transition 00:36:19 - Neil's support for solar plus storage 00:38:57 - Impact of shutting down coal plants on communities 00:40:41 - Neil's opposition to burdensome EPA regulations 00:43:50 - Vivek's skepticism on government-subsidized carbon capture pipelines 00:44:53 - Biden administration's clean energy transition and transmission line challenges 00:46:20 - Opposition to energy infrastructure built near homes 00:52:06 - Bilateral contracting in energy markets 00:53:07 - Roles of RTOs and ISOs in energy markets 00:56:49 - Fostering nuclear energy without subsidies and private capital's role 00:57:38 - Public Utility Commission's role in evaluating utility rates 00:58:38 - Challenge of short-term thinking for long-term energy projects 01:01:04 - Vivek's proposal for a new nuclear energy regulatory agency Learn more about your ad choices. Visit megaphone.fm/adchoices