Charged Conversations w/ Brigham McCown Joe Strecker Productions

In this episode, Brigham talks with Paul Tice, author of the book "The Race To Zero - How ESG Investing Will Crater the Global Financial System"

Get the book below

Encounter Books - Paul Tice - The Race To Zero

The Race to Zero provides a detailed rebuttal to the case for sustainable investing from the perspective of a long-time Wall Street analyst, investor, and latter-day finance professor. Sustainable investing does not aim to generate excess returns for investors or to further ethical goals such as improving society or saving the planet; rather, it seeks to seize control of the world’s financial system in order to ensure that the allocation of capital and investments across markets is politically favorable to establishment interests.

By limiting financial market access, ESG is designed to create a compliant corporate sector to serve as both Greek chorus and funding source for the environmental and social causes championed by government and the elite class. Climate change is its driving force and priority goal, and its main targets are fossil fuel companies operating in the industrialized Western world. This book is designed to expose these truths in plain-spoken language—free of financial jargon—to reach the widest possible audience, including the silent majority on Wall Street that is now afraid to speak up about ESG.

Travis Fisher from the Cato Institute joins the show. Travis Fisher is an expert in energy policy for the Cato Institute. Who has the better energy policy? Biden or Trump??

In this episode of Charged Conversations with Brigham McCown, the focus is on the intersection of energy and national security—both for the United States and its global allies. The podcast delves into the evolution of American energy exports, spurred by the shale revolution and advances like fracking and horizontal directional drilling. Reflecting on the journey from LNG import facilities to the burgeoning export terminals lining the coasts, the discussion highlights the pivotal role that U.S. liquefied natural gas now plays in the international landscape. This is especially pertinent given the shift in Europe’s energy sources following the Russian invasion of Ukraine in February 2022.

However, as the Biden administration puts a pause on LNG export facilities to evaluate their environmental impact, the episode examines the bipartisan implications of this move. The criticism and concerns revolve around the balance between addressing climate change, upholding safety regulations, and ensuring energy security. As the conversation notes, hydrocarbons are projected to remain central to the world's energy mix well beyond 2050, and the cessation of LNG exports could undermine not only U.S. energy security but also that of Europe, which received 64% of U.S. LNG exports in 2022. The episode suggests that energy policy represents a potential area for bipartisan collaboration, offering a path to address climate change responsibly while maintaining energy security.