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Doug Burgum

๐Ÿ‘ค Speaker
1089 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

an issue relative to the environment.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

And what's left the attack on coal as a baseload power has been largely around CO2 emissions.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

And with the reversal of the endangerment finding that says that this was massive overreach by the Obama EPA, that we are going to go back to a thing where we can have consumer choice, that's lower prices.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

And of course, with the big storms we had in the Northeast last week, I mean,

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

Check back on Secretary Wright's press conference last Friday, but we would have had millions and millions of people in this country without power if coal hadn't stepped up.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

Coal was the hero of keeping the lights and the heat on in America.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

And all of the money that has been spent in the northeastern part of this country on renewables, there was times during those storms where we had less than 2% of the power coming from wind and solar.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

There was more coming from burning wood and trash than there was coming from wind and solar.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

And coal in some parts of the country was providing 25 percent of the electricity.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

So we need the Biden plan of energy transition was actually energy subtraction.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

It wasn't addition.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

It wasn't transition.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

It was subtraction.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

They were shutting down baseload and then replacing it with intermittent, unreliable, foreign sourced energy.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

forms of energy that required us to build out all kinds of additional infrastructure on top of the infrastructure we already had.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

That's what drove up prices.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

And now we're facing this AI arms race with China.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

We need more power.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

We need energy addition.

Bloomberg Talks
Doug Burgum Talks Offshore Wind, Energy Projects

The way to have energy addition is to stop getting rid of the stuff that already works.