WEBVTT - Reform UK's plan to end decades of climate action 0:00:00.360 --> 0:00:05.040 Welcome to zero I am Akshatrati. This week inside Reforms, 0:00:05.040 --> 0:00:22.320 climate plans, British politics is in a state of upheaval. 0:00:22.800 --> 0:00:26.200 The incumbent Labour Party is unpopular and the Conservative Party, 0:00:26.560 --> 0:00:28.840 which for the past one hundred years has been its 0:00:28.960 --> 0:00:33.440 major opponent, isn't doing much better. The most popular party 0:00:33.520 --> 0:00:36.639 right now is Reform UK, a party of right being 0:00:36.680 --> 0:00:40.360 populists formed by many of the same people who successfully 0:00:40.360 --> 0:00:44.040 campaigned for Britain to leave the European Union in twenty sixteen. 0:00:44.840 --> 0:00:48.839 In local elections earlier this month, Reform won the most seats. 0:00:49.920 --> 0:00:52.200 As a result of the fate of Prime Minister Tearstarmer 0:00:52.400 --> 0:00:55.800 hangs in the balance, with many expecting leadership challenges from 0:00:55.840 --> 0:01:00.160 within the Labor Party. While the next scheduled national election 0:01:00.360 --> 0:01:03.880 is not until twenty twenty nine, it could come much sooner. 0:01:04.319 --> 0:01:07.480 If Reform does end up running Britain, it would be 0:01:07.480 --> 0:01:10.080 the first time in the modern era that the country's 0:01:10.120 --> 0:01:15.160 government explicitly opposes policies to limit climate change. Since the 0:01:15.240 --> 0:01:18.840 late nineteen eighties, when Margaret Thatcher was Prime Minister, the 0:01:18.959 --> 0:01:22.480 UK has been a supporter of climate policy and often 0:01:22.760 --> 0:01:26.280 one of the countries pushing for more ambitious actions to 0:01:26.360 --> 0:01:31.120 reduce emissions. By contrast, reforms policies would see the UK 0:01:31.440 --> 0:01:35.319 and all subsidies for renewable energy, encourage drilling for more 0:01:35.319 --> 0:01:38.800 oil and gas in the Nazi, ban battery energy storage, 0:01:39.160 --> 0:01:43.480 end net zero targets, and encourage fracking on British soil. 0:01:44.000 --> 0:01:47.280 So it's time to look at their climate and energy plans. 0:01:47.880 --> 0:01:51.240 We're going to stop right. You can't present me with 0:01:51.240 --> 0:01:54.440 the whole autographs that I can't read, that may well 0:01:54.480 --> 0:01:58.000 be boot okay, okay, and put this out there so 0:01:58.160 --> 0:02:00.680 this this terminates now its end podcast. 0:02:01.280 --> 0:02:04.600 Joining me on zero to discuss reforms policies is Richard Twice, 0:02:04.920 --> 0:02:08.799 the party's Deputy leader and spokesperson on energy. He is 0:02:08.840 --> 0:02:12.519 a member of Parliament for the constituency of Boston and Skegness. 0:02:13.080 --> 0:02:16.239 Despite reforms surge in opinion polls, a twenty twenty five 0:02:16.400 --> 0:02:19.760 Yugov survey found that only seventeen percent of British people 0:02:20.000 --> 0:02:22.919 believe that humans are not the main cause of climate change. 0:02:23.480 --> 0:02:27.440 Tice falls in that camp. As you will hear, he 0:02:27.520 --> 0:02:30.320 is not interested in what the Intergovernmental Panel on Climate 0:02:30.360 --> 0:02:33.720 Change says and decline to read its summary for policymakers, 0:02:34.080 --> 0:02:36.680 the Climate Science Document that has been signed off by 0:02:36.720 --> 0:02:40.800 all governments, including those of major oil producing nations, and 0:02:40.880 --> 0:02:45.919 that steers climate policy worldwide. Still, this is the first 0:02:45.919 --> 0:02:48.560 time where Ties has been probed at length on his 0:02:48.680 --> 0:02:52.959 views about climate change and clean energy, and it's important 0:02:53.040 --> 0:02:56.560 that voters understand how such a popular politician plans to 0:02:56.680 --> 0:03:01.679 act on this major issue, whereas comments contained inaccuracies or 0:03:01.720 --> 0:03:06.440 required additional context. I've recorded explanations for listeners. You can 0:03:06.480 --> 0:03:09.799 also see a full annotated transcript of this conversation with 0:03:09.960 --> 0:03:13.120 graphs and more on Bloomberg dot com. We've linked to 0:03:13.120 --> 0:03:15.600 it in the show notes. As always, if you have 0:03:15.600 --> 0:03:18.280 feedback for the show, please email us at zero pod 0:03:18.280 --> 0:03:25.800 at Bloomberg dot net. Now here's my conversation with Richard Tye. 0:03:28.960 --> 0:03:30.320 Richard Tice, Welcome to the show. 0:03:30.400 --> 0:03:31.760 Thank you for having me. So. 0:03:31.800 --> 0:03:34.800 The local election results are out. The Reform Party has 0:03:34.840 --> 0:03:39.200 performed really well. They're about nineteen thousand council seats, five 0:03:39.280 --> 0:03:43.600 thousand were up for election, Reforms one about fifteen hundred. Nationally, 0:03:43.920 --> 0:03:47.640 Reform is pulling higher than any other political party. Of course, 0:03:47.680 --> 0:03:52.040 a national election is not scheduled until October twenty twenty 0:03:52.160 --> 0:03:56.160 nine or earlier August twenty nine, but it could happen 0:03:56.160 --> 0:03:59.080 even sooner than that, so there's a lot to talk about. 0:04:00.080 --> 0:04:02.600 You are the deputy leader of reform, but you're also 0:04:02.640 --> 0:04:06.440 the energy spokesperson. This is a climate podcast, so I 0:04:06.440 --> 0:04:10.200 want to start there. Okay, last year, the global average 0:04:10.200 --> 0:04:13.360 temperature was one point five degrees celsius above the pre 0:04:13.480 --> 0:04:17.640 industrial period. What do you think is the cause behind 0:04:17.800 --> 0:04:18.440 that heating? 0:04:20.080 --> 0:04:23.679 Climate's always changed for millions of years, and it goes 0:04:23.760 --> 0:04:30.200 through cycles long, medium and short. And let's remember a 0:04:30.240 --> 0:04:36.560 few thousand years ago the average temperature was a couple 0:04:36.600 --> 0:04:40.400 of degrees higher than where it is now. So these 0:04:40.400 --> 0:04:44.719 things move in cycles and always has done, always will do. 0:04:45.080 --> 0:04:46.960 So I want to show you a couple of things 0:04:46.960 --> 0:04:49.479 because it's important that we get the basics right before 0:04:49.520 --> 0:04:53.839 we progress. This is a chart from the Intergovernmental Panel 0:04:53.839 --> 0:04:56.960 on Climate Change. It's a summary for policymakers, so very 0:04:57.040 --> 0:04:58.960 much for people like you and me who are not 0:04:59.040 --> 0:05:03.480 experts in climates science. And what you're seeing there is 0:05:03.960 --> 0:05:10.599 two thousand years worth of temperature change and the rapid 0:05:10.680 --> 0:05:13.640 increase that has happened. On the right hand side chart 0:05:13.680 --> 0:05:17.720 you'll see you're right, the climate change has happened over 0:05:17.839 --> 0:05:21.600 the past because of natural causes. The green line there 0:05:21.680 --> 0:05:25.440 shows what the natural causes do, and then the orange 0:05:25.480 --> 0:05:28.599 light shows you what is causing climate change, which is 0:05:28.839 --> 0:05:32.600 human caused emissions. Some people think that, well, that is 0:05:33.080 --> 0:05:37.680 sixty six thousand studies put together by scientists for the 0:05:37.800 --> 0:05:42.240 sixth time since the IBCC was founded, So it's not 0:05:42.279 --> 0:05:46.080 some people, it's unanimous among scientists. 0:05:45.680 --> 0:05:49.559 With the RPCC has just resiled from one of its 0:05:49.600 --> 0:05:57.159 core assumptions, which was the eight point five scenario. 0:05:57.520 --> 0:06:00.520 So our CP eight point five, which is the that 0:06:00.520 --> 0:06:01.680 you're talking about. 0:06:01.560 --> 0:06:06.440 Which is which is dominated lots of people's catastrophe thinking 0:06:06.760 --> 0:06:09.320 and formulas, and they've just basically and said they've just 0:06:09.360 --> 0:06:10.160 abandoned it and. 0:06:10.120 --> 0:06:14.000 Said, so that one is now off the table. There 0:06:14.040 --> 0:06:17.960 are these new models. 0:06:16.440 --> 0:06:22.239 One of the foundations of the whole IPCC's scare mongering 0:06:22.560 --> 0:06:25.680 for the last twenty or thirty years. They've just abandoned. 0:06:25.839 --> 0:06:29.600 No, no, no, that's a that's a that's exactly. 0:06:29.279 --> 0:06:34.600 What they've done. And and forecasters have based their forecasts 0:06:34.839 --> 0:06:40.600 around something the IPCC has now admitted they've got badly wrong. No, literally, 0:06:40.640 --> 0:06:41.240 what's happened. 0:06:42.320 --> 0:06:44.600 Let's take a beat. What we are talking about here 0:06:44.720 --> 0:06:49.719 is the IPCC's different climate scenarios. These simulate the level 0:06:49.880 --> 0:06:54.000 of human emissions and show what mild to catastrophic climate 0:06:54.080 --> 0:06:57.400 change could look like. RCP eight point five is the 0:06:57.440 --> 0:07:01.440 worst case scenario, and it simulated world with heavy continued 0:07:01.560 --> 0:07:04.560 use of coal. Santis now say that our CP eight 0:07:04.600 --> 0:07:08.120 point five as imagined is no longer plausible because of 0:07:08.120 --> 0:07:11.160 the falling cost of renewables, the emergence of climate policy, 0:07:11.520 --> 0:07:15.400 and recent emissions trends. It does not mean that climate 0:07:15.480 --> 0:07:18.760 change is not happening or that there won't be severe impacts, 0:07:19.240 --> 0:07:24.440 and IPCC still has other worst case scenarios to inform policymakers. 0:07:25.520 --> 0:07:27.920 I write about climate science for my day job, so 0:07:28.000 --> 0:07:31.840 let me present the facts to you. 0:07:30.400 --> 0:07:34.680 I'm not going to do a podcast where people can't 0:07:34.760 --> 0:07:39.480 see the graphs and the things. We're going to stop right. 0:07:40.320 --> 0:07:43.040 You can't present me with the whole editgraphs that I 0:07:43.080 --> 0:07:47.200 can't read, that may well be booted. Okay, okay, and 0:07:47.280 --> 0:07:49.680 put this out there so this this terminates now, it's 0:07:49.720 --> 0:07:53.640 it's end of podcast. This is ridiculous, Okay, okay, sorry, 0:07:53.840 --> 0:07:56.920 you cannot you cannot seriously think this is a sensible 0:07:56.960 --> 0:07:59.560 way to conduct a podcast. We're not doing it. We're 0:07:59.640 --> 0:08:00.000 ending now. 0:08:00.080 --> 0:08:02.920 All I'm saying is, this is the summary for policymakers, and. 0:08:02.880 --> 0:08:04.160 I don't agree with any of it. And you can 0:08:04.760 --> 0:08:07.880 present something to me, right and expect me to comment 0:08:07.960 --> 0:08:10.200 on it when I haven't read it. I don't know 0:08:10.200 --> 0:08:13.800 what you're talking about right in terms of what you're presenting, right, 0:08:14.080 --> 0:08:18.640 And one of the foundations of the IPCC's very ethos 0:08:18.640 --> 0:08:21.080 in the last twenty thirty years they've just abandoned. 0:08:21.520 --> 0:08:23.440 So let me just tell you what this is, and 0:08:23.440 --> 0:08:25.360 then we can move on. This is the summary for 0:08:25.440 --> 0:08:30.960 policy makers, which is let me explain. So, the IPCC 0:08:31.200 --> 0:08:34.120 puts out a report every five to seven years. It's 0:08:34.160 --> 0:08:36.600 thirty thousand pages long. At the end of it, they 0:08:36.640 --> 0:08:41.760 produce a summary. Every government on the planet goes through 0:08:41.800 --> 0:08:45.880 that summary word by word, including places like Saudi Arabia, 0:08:46.679 --> 0:08:49.920 and they approve those words so that people who have 0:08:50.040 --> 0:08:52.319 no knowledge of science can read it. So I'll just 0:08:52.400 --> 0:08:54.160 leave it here. We can move on from this. I 0:08:54.240 --> 0:08:57.440 just want to understand you. You are, you know, passionate 0:08:57.440 --> 0:09:00.640 about net zero, So how do you define in the pheze, 0:09:00.679 --> 0:09:02.760 what do you think that zero means? 0:09:05.760 --> 0:09:10.200 Look? Zero is essentially you know, it was something that 0:09:10.240 --> 0:09:17.280 basically certain governments have adopted under great pressure around the 0:09:18.320 --> 0:09:20.640 you know, frankly just in a sense on a net 0:09:20.679 --> 0:09:23.520 basis getting to zero. 0:09:23.520 --> 0:09:26.440 CO two emissions, and you are to which. 0:09:26.400 --> 0:09:30.040 Many thousands of scientists fundamentally disagree about the need to 0:09:30.679 --> 0:09:33.079 or the pace too. And the whole point of science 0:09:33.120 --> 0:09:37.880 is that scientists disagree, okay, And that's actually how science 0:09:37.880 --> 0:09:43.000 progresses by challenging each other. And thousands of scientists fundamentally 0:09:43.080 --> 0:09:46.520 disagree with the IPCC approach, but they have been smeared 0:09:46.640 --> 0:09:50.120 and labeled. They can't get any research grant funding, and 0:09:50.200 --> 0:09:54.240 there has been a whole consensus of this is the dogma. 0:09:54.640 --> 0:09:56.840 This is what everyone's got to believe, and if you 0:09:56.880 --> 0:10:00.000 have the temerity believe anything else, you are a bad person. 0:10:01.040 --> 0:10:04.240 According to one twenty nineteen study in the Bulletin of Science, 0:10:04.280 --> 0:10:08.720 Technology and Society, consensus among recent scientists that humans are 0:10:08.720 --> 0:10:11.800 the cause of global warming is now at one hundred percent. 0:10:12.280 --> 0:10:16.000 Other studies find that agreement on anthropogenic global warming is high, 0:10:16.440 --> 0:10:18.920 and most studies put it at ninety seven percent or greater. 0:10:19.720 --> 0:10:22.400 While there may be disagreements about the scale and pace 0:10:22.440 --> 0:10:26.640 of response. There is little disagreement about the cause or 0:10:26.760 --> 0:10:30.880 existence of climate change in the scientific community. So you're 0:10:30.920 --> 0:10:34.120 going to be a party that is being taken seriously 0:10:34.120 --> 0:10:35.760 in the UK. Given where you are in the polls, 0:10:35.840 --> 0:10:38.959 maybe you get into government. Do you think scientists should 0:10:38.960 --> 0:10:41.480 be advising you on what policy is to set out? 0:10:41.960 --> 0:10:44.199 I think we should be listening to sciences from all 0:10:44.240 --> 0:10:46.560 different sides of the spectrum. At the end of the day, 0:10:47.000 --> 0:10:52.480 let's remember, sorry, advisers, advice directors decide in the corporate world. 0:10:53.040 --> 0:10:57.160 In the governmental world, advisors advise minister's desire. 0:10:57.280 --> 0:11:01.400 So your view on climate science, which is that thousands 0:11:01.440 --> 0:11:04.880 of scientists disagree that net zero is not the way 0:11:04.920 --> 0:11:06.840 to tackle climate change. Who are the scientists who are 0:11:06.840 --> 0:11:09.720 advising you on that? Can you name any the thousands 0:11:09.720 --> 0:11:10.199 of scientists. 0:11:10.240 --> 0:11:12.400 I've got lots of people advise me. I don't list 0:11:12.840 --> 0:11:16.040 all my private advisors with regard to anything, whether it's 0:11:16.080 --> 0:11:19.960 net zero, whether it's housing policy, whether it's industrial policy. 0:11:21.160 --> 0:11:23.520 You know, people who advise me from all different sides, 0:11:23.760 --> 0:11:26.200 who are coming at me from all different angles, very 0:11:26.200 --> 0:11:29.000 often opposing. And that's great because that's how you listen 0:11:29.040 --> 0:11:33.079 and learn that's who we are. 0:11:33.160 --> 0:11:36.120 So I've watched a lot of your interviews in preparation 0:11:36.200 --> 0:11:39.040 for this one. You use this phrase, you call it 0:11:39.120 --> 0:11:41.960 net stupid zero. What's the stupid part? 0:11:41.960 --> 0:11:47.319 The stupid part is that it's incredibly stupid for the 0:11:47.440 --> 0:11:52.280 UK to almost unilaterally say we're going to lead the 0:11:52.280 --> 0:11:55.440 way in the world. We're responsible for NERO points seven 0:11:55.559 --> 0:11:58.600 zero point eight percent of CO two emissions. We're going 0:11:58.640 --> 0:12:00.520 to lead the way. We're going to have the most 0:12:00.559 --> 0:12:04.240 expensive electricity, We're going to have a shortage of supply 0:12:04.360 --> 0:12:07.640 of it. We're going to destroy our industrial sector, destroy 0:12:08.040 --> 0:12:11.840 millions of jobs, impoverish ordinary people who are already not 0:12:11.960 --> 0:12:13.920 very well off. And then we're going to say to 0:12:13.960 --> 0:12:15.880 the rest of the world, look at us, We've got 0:12:15.920 --> 0:12:18.800 to net zero. How's it gone, folks? Can you follow 0:12:18.880 --> 0:12:20.719 us and the rest of the world look at us 0:12:21.160 --> 0:12:25.400 and laugh at our naive stupidity as they've taken our jobs, 0:12:25.520 --> 0:12:30.320 they've taken our money. We are impoverished, and they think 0:12:30.480 --> 0:12:32.559 happy days, the stupid mad Brits. 0:12:32.960 --> 0:12:36.360 The UK's economic growth has been sluggish since it voted 0:12:36.400 --> 0:12:40.040 to leave the European Union in twenty sixteen. Green jobs 0:12:40.120 --> 0:12:43.640 have been a bright spot. The Confederation of British Industry, 0:12:43.720 --> 0:12:46.800 the country's largest business group, set in twenty twenty five 0:12:47.040 --> 0:12:49.840 that the net zero economy in the UK grew three 0:12:49.880 --> 0:12:52.800 times faster than the whole economy. That year, there were 0:12:52.840 --> 0:12:55.920 nearly seven hundred thousand green jobs according to the Office 0:12:56.000 --> 0:12:59.720 of National Statistics. So the stupid part here is not 0:12:59.760 --> 0:13:02.440 so much the climate science, but it's the policies that 0:13:02.480 --> 0:13:05.320 the government has put forward to try and tackle climate 0:13:05.400 --> 0:13:09.000 change and deploy lots of renewables. Specifically, what do you 0:13:09.000 --> 0:13:12.080 think is wrong with the UK governments under labor or 0:13:12.160 --> 0:13:13.080 under COMMISERVETI. 0:13:13.520 --> 0:13:16.720 First of all, the proof of my of my argument 0:13:17.520 --> 0:13:22.160 is one of the IPCC reports a few years ago 0:13:22.800 --> 0:13:25.599 that said, even if you get to net zero effectively tomorrow, 0:13:26.120 --> 0:13:28.360 it'll make no difference to one of the key things 0:13:28.360 --> 0:13:30.680 people are most worried about, which is sea level rise. 0:13:30.800 --> 0:13:33.840 Correct for somewhere between two hundred years on the one 0:13:33.920 --> 0:13:36.640 hand and a thousand years on the other hand. They 0:13:36.679 --> 0:13:40.000 do generously say they have that with high confidence correct. Right, 0:13:40.040 --> 0:13:42.920 there's no high confidence in an eight hundred year timespan. 0:13:43.240 --> 0:13:45.439 It means they're completely guessing. 0:13:45.520 --> 0:13:48.720 But let me just make sure, I add to your evidence, Bace. 0:13:48.880 --> 0:13:52.480 So not just sea level rise want halt for the 0:13:52.520 --> 0:13:56.680 next two hundred two one thousand years. Glacier melting also 0:13:56.760 --> 0:13:58.960 won't halt. But there are all sorts of other impacts 0:13:59.000 --> 0:14:01.320 that happened from glacier thing. You know about the Swiss 0:14:01.360 --> 0:14:03.520 down that went down when there was a glacier. 0:14:03.240 --> 0:14:04.920 Mat And just let me ask you. Now you've asked 0:14:04.960 --> 0:14:07.760 the last questions, let me ask you. Did glacial changes 0:14:08.200 --> 0:14:11.440 and melting take place before eighteen fifteen? This thran? 0:14:11.480 --> 0:14:13.240 Thank you very much, it did, but never this, Thank 0:14:13.320 --> 0:14:13.720 you very much. 0:14:13.760 --> 0:14:15.480 So thank you very much for agreeing so that the 0:14:15.520 --> 0:14:19.000 climate's always changed and it always will so and this 0:14:20.440 --> 0:14:24.480 mad nonsense that climate change didn't happen before eighteen fifty 0:14:24.520 --> 0:14:26.360 And the moment you get to net zero and Lord's 0:14:26.400 --> 0:14:30.720 Mattley stop is dangerous. It's irresponsible, and it's killing our economy. 0:14:30.960 --> 0:14:33.800 And we're leading in the polls right and the voters 0:14:33.960 --> 0:14:35.200 are agreeing with us on this. 0:14:35.720 --> 0:14:36.440 Can I respond? 0:14:36.520 --> 0:14:36.720 Yep. 0:14:37.160 --> 0:14:40.160 So the reason why scientists say that we should try 0:14:40.200 --> 0:14:43.480 and hold climate change is not because they can ensure 0:14:43.480 --> 0:14:48.440 that sea level rights stops. It's because at least listen 0:14:48.480 --> 0:14:51.400 to me, please listen to me. They want to make 0:14:51.440 --> 0:14:54.600 sure that it doesn't rise even further on sea level. 0:14:54.800 --> 0:14:57.560 But also, if you hold climate change, you can stop 0:14:58.080 --> 0:15:00.560 you can you can halt the rye that we are 0:15:00.560 --> 0:15:03.880 seeing in extreme weather events of wildfliers. 0:15:03.240 --> 0:15:07.760 Or arrogant naivety of people who think you can stop 0:15:07.800 --> 0:15:10.640 climate change that's gone on for millions of years. 0:15:11.080 --> 0:15:14.000 Right, Okay, so let's let's come to policies because the 0:15:14.040 --> 0:15:15.080 thing that you what is the. 0:15:15.040 --> 0:15:17.960 Point on carrying on a podcast where we fundamentally disagree 0:15:18.000 --> 0:15:18.440 on everything. 0:15:18.600 --> 0:15:21.760 Great, well, we can fundamentally try to have a policy 0:15:21.840 --> 0:15:24.960 discussion because neither of us are scientists. I'm presenting you 0:15:25.000 --> 0:15:26.880 what the scientist said. You can take the time, you 0:15:26.880 --> 0:15:28.560 can read it later. Do you want to need to 0:15:28.560 --> 0:15:30.880 talk about Yeah. 0:15:30.520 --> 0:15:33.560 It's a waste of It's literally you're wasting my time. 0:15:33.640 --> 0:15:36.600 So let's talk about policies because we're not policies. 0:15:36.720 --> 0:15:38.960 We've got our policies. And guess what, we're winning in 0:15:39.040 --> 0:15:42.520 elections because the British people agree with us. They're being 0:15:42.600 --> 0:15:47.160 shafted by the stupidity of this globe, of this IPCC 0:15:47.360 --> 0:15:51.440 consensus that has that is destroying our economy. That let 0:15:51.480 --> 0:15:54.720 me remind you, in the eighties and nineties of the 0:15:54.800 --> 0:15:57.000 last century, we were going at between two and a 0:15:57.000 --> 0:15:59.560 half and four percent a year. We had deep, plentiful 0:15:59.680 --> 0:16:02.600 energy driven by oil and gas from north sea. Right, 0:16:02.800 --> 0:16:04.880 No one was worried about the price for electricity, No 0:16:04.880 --> 0:16:07.240 one was worried about the quantitative supply, no one was 0:16:07.280 --> 0:16:10.720 worried about the reliability of supply. Now that's all anybody 0:16:10.760 --> 0:16:14.040 is talking about. So every board here the country is. 0:16:14.000 --> 0:16:16.720 To try and lower the cost of energy, and one 0:16:16.760 --> 0:16:18.560 of the ways you're going to do that is drill 0:16:18.560 --> 0:16:20.000 in the Nazi for oil and gas. 0:16:20.040 --> 0:16:21.800 Well, the first thing we do is we scrapnet stupid 0:16:21.880 --> 0:16:26.280 zero okay, scrap all the daft taxes okay, And so 0:16:26.320 --> 0:16:28.480 that we can immediately bring down the cost of energy. 0:16:28.600 --> 0:16:35.240 And then we allow licenses to drill throughout the both 0:16:35.320 --> 0:16:38.520 offshore and on shore, to use our energy treasure. And 0:16:38.920 --> 0:16:41.800 that if you increase the supply of anything, it's basic economics, 0:16:41.960 --> 0:16:44.160 the price of that good will come down, as it 0:16:44.200 --> 0:16:47.200 does in America, where their gas price, the wholesale gas 0:16:47.240 --> 0:16:50.120 price is give or take thirty percent of. 0:16:50.080 --> 0:16:54.720 US oil and gas prices are largely said by international markets. 0:16:54.880 --> 0:16:58.120 So even if more oil and gas could be produced domestically, 0:16:58.600 --> 0:17:01.360 it won't make a difference to how much British people pay. 0:17:01.560 --> 0:17:05.400 According to the UK's Energy Research Center, the UK has 0:17:05.440 --> 0:17:08.960 already used up most of its accessible reserves in its 0:17:09.000 --> 0:17:12.399 part of the NAZI, and a parliamentary analysis says that 0:17:12.440 --> 0:17:15.960 the NAZI has been a declining basin for quite some time. 0:17:17.119 --> 0:17:19.040 Let's take it in three parts. So the first part 0:17:19.080 --> 0:17:22.600 is scrap net zero policies, the second part is drill offshore, 0:17:22.720 --> 0:17:26.400 and then third part is drilled on shore on scrapping 0:17:26.800 --> 0:17:29.680 net zero policies. So you know, one of the things 0:17:29.680 --> 0:17:32.480 that you talk about is that in this policy set 0:17:32.520 --> 0:17:36.479 the government pays billions of pounds and subsidies to clean energy. 0:17:37.680 --> 0:17:39.720 Do you know how much the government pays in subsidies 0:17:39.720 --> 0:17:40.680 to fossil fuels? 0:17:41.920 --> 0:17:43.760 What depends what you call a subsidy. 0:17:43.960 --> 0:17:50.160 No defined as government giving direct benefit to fossil fuel industry. 0:17:50.240 --> 0:17:52.840 So I'll give you one estimate. Between twenty twenty one 0:17:52.880 --> 0:17:56.640 and twenty twenty four, the UK people paid ninety billion 0:17:56.720 --> 0:18:00.239 pounds extra to buy the liquified natural gas, mostly right 0:18:00.280 --> 0:18:04.000 natural gas that came from abroad. Of that fortnds was 0:18:04.040 --> 0:18:04.800 government such. 0:18:04.760 --> 0:18:07.000 I guess what if we'd had this common sense not 0:18:07.080 --> 0:18:10.080 to abandon our North Sea, we wouldn't have been in 0:18:10.119 --> 0:18:11.960 that pickle. And that was of course, that was partly 0:18:12.000 --> 0:18:17.199 because of the issue around the Ukraine War, where we're overexposed. Right. Yes, 0:18:17.840 --> 0:18:22.280 we weren't paying any subsidies, right, we were benefiting from cheap, 0:18:22.359 --> 0:18:25.040 plentiful oil and gas back in the eighties and nineties. 0:18:25.080 --> 0:18:26.879 If it ain't broke, don't fix it. 0:18:27.160 --> 0:18:29.639 So one of the ways in which you will do 0:18:29.720 --> 0:18:31.600 it is to go and drill in the Nazi Now, 0:18:31.760 --> 0:18:34.880 ninety percent of the reserve in the nights, not sea 0:18:35.160 --> 0:18:38.000 on oil and gas has been extracted, so you get 0:18:38.040 --> 0:18:41.840 about ten percent more with new licenses, you know. So 0:18:41.880 --> 0:18:43.000 that's what the reserve is. 0:18:43.600 --> 0:18:47.040 Okay. So why why are the Norwegians drilling forty nine 0:18:47.119 --> 0:18:50.080 new wells last year? Right because they think there's plenty 0:18:50.119 --> 0:18:53.600 more to go that's worth going for. We so stupid 0:18:53.720 --> 0:18:55.320 that our side of the line, we think it's a 0:18:55.359 --> 0:18:57.320 good idea to drill zero any. 0:18:57.240 --> 0:18:59.920 Well, the United Kingdom has a border, Norway has a border, 0:19:00.400 --> 0:19:02.560 not really has its own resource where I think, and 0:19:02.600 --> 0:19:04.040 it knows we have more reserves. 0:19:04.040 --> 0:19:06.280 We've got we've got lots of reserves. But if you 0:19:06.440 --> 0:19:09.360 just say it's not viable because you make the regulations 0:19:09.359 --> 0:19:12.320 and everything too expensive, then and be surprised if people say, 0:19:12.359 --> 0:19:13.520 well there's not much to go for. 0:19:13.680 --> 0:19:16.520 Well, the UK government was so good at drilling in 0:19:16.560 --> 0:19:18.679 the Nazi that it extracted ninety percent of it, so 0:19:18.720 --> 0:19:21.560 you get ten percent that's left the other Let's come 0:19:21.600 --> 0:19:23.040 to the sole point, right. 0:19:22.920 --> 0:19:26.199 You're stating facts that fundamentally many people don't agree with. 0:19:26.320 --> 0:19:28.280 Okay, let's come to the fact that you would like 0:19:28.359 --> 0:19:32.280 to frack in Lincolnshire. For example, there's a reserves that 0:19:32.320 --> 0:19:37.080 are being found in Lincolnshire. Now in Lincolnshire, Stuart Hazeldean, 0:19:37.119 --> 0:19:40.600 who's a University of Edinburgh professor, says, the most you 0:19:40.640 --> 0:19:43.080 can get from shale is about ten years worth of 0:19:43.080 --> 0:19:44.000 gas for the US. 0:19:44.080 --> 0:19:46.800 Hell of a lot of gas. Right. What happens after 0:19:46.840 --> 0:19:48.720 that I agree to give or takes a decades, Well, 0:19:48.720 --> 0:19:50.240 that's a hell of a lot of UK gas. 0:19:50.280 --> 0:19:51.080 What happens after that? 0:19:51.119 --> 0:19:52.960 Well, the first thing is where have we've got a 0:19:53.000 --> 0:19:56.240 crisis at the moment? Right, We've got a we're importing 0:19:56.280 --> 0:19:58.320 a whole load of gas was sent and here's the 0:19:58.320 --> 0:20:01.399 thing that people need to understand. When you buy energy 0:20:01.440 --> 0:20:05.560 from overseas, what is the transaction? You send them your money. 0:20:05.680 --> 0:20:08.800 You're essentially outsourcing your jobs. They send you the energy, 0:20:09.040 --> 0:20:12.199 you burn it. A week later, you've got nothing. You 0:20:12.240 --> 0:20:14.560 need to send them more money, right, so much better 0:20:14.960 --> 0:20:17.560 to use your own. Therefore, the money and the job 0:20:17.600 --> 0:20:20.040 stay in the UK. You get the multiplier effects. This 0:20:20.119 --> 0:20:24.080 is the reason why the US economy has seen compound 0:20:24.119 --> 0:20:28.800 growth when they've become a energy either self dependent or 0:20:28.960 --> 0:20:32.680 an exporter in the last twenty years since the use 0:20:32.720 --> 0:20:35.920 of shell gas, and we could do the same now 0:20:35.960 --> 0:20:38.639 after ten years time. Of course, I love technology. I 0:20:38.720 --> 0:20:40.640 drive a Tesla. Do I think it's going to change 0:20:40.680 --> 0:20:42.800 the climate? No, but I'm not a petrol head. 0:20:43.400 --> 0:20:46.600 Last year, the use of electric vehicles reduced oil consumption 0:20:46.800 --> 0:20:49.640 by two point three million barrels of oil per day, 0:20:49.680 --> 0:20:53.680 according to Bloomberg and Eif electrification is considered the main 0:20:53.760 --> 0:20:57.120 route to cut transport emissions and to tackle climate. 0:20:56.880 --> 0:21:02.280 Change, here's the point. Though there were incredible technologies being 0:21:02.320 --> 0:21:05.600 looked at. For example, step fusion mail may not deliver 0:21:05.640 --> 0:21:08.480 anything remarkable over the next twenty to forty years. In 0:21:08.520 --> 0:21:11.320 the intrim we know we need loads of energy, right, 0:21:11.359 --> 0:21:15.400 and we know that basically fossil fuels represents about eighty 0:21:15.440 --> 0:21:18.160 percent of our energy consumption in the UK, So why 0:21:18.200 --> 0:21:20.320 not use as much of our own as we possibly can? 0:21:20.480 --> 0:21:23.680 So electricity last year in the UK, all of twenty 0:21:23.720 --> 0:21:28.080 twenty five, sixty five percent came from non fossil sources 0:21:28.160 --> 0:21:28.440 in the. 0:21:28.440 --> 0:21:31.359 UK, and yourize energy, that electricity is about twenty percent 0:21:31.400 --> 0:21:33.399 of our energy consumption. So we need a lot of 0:21:33.400 --> 0:21:35.480 oil increasing, We need. 0:21:35.359 --> 0:21:37.520 A car, it's increasing right a bit? 0:21:37.760 --> 0:21:39.520 Yeah, right, we need a lot of oil and a 0:21:39.520 --> 0:21:42.000 lot of gas. So for God's sake, use our own. 0:21:42.160 --> 0:21:44.560 Stop sending our jobs and our money overseas. So we 0:21:44.600 --> 0:21:47.640 seem to want to outsource everything and impoverish our nation. 0:21:48.080 --> 0:21:52.480 After ten years, if you have scrapped net zero policies 0:21:52.520 --> 0:21:55.399 and there are no renewable plants being built, what happens 0:21:55.400 --> 0:21:58.760 after ten years? Do you restart the renewable energy industry? 0:21:59.080 --> 0:22:02.560 My expression is every last barrel, every last drop, right, 0:22:02.840 --> 0:22:05.880 all the tire backs, whatever you make it viable, right, 0:22:06.119 --> 0:22:09.240 and we must be looking for as much as we 0:22:09.280 --> 0:22:12.080 can domestically, and where we haven't got it domestically, we 0:22:12.200 --> 0:22:15.600 import it. But if you make it impossible for a 0:22:15.600 --> 0:22:18.960