Ron and Ed were delighted to welcome Steve Goreham to The Soul of Enterprise. He is the author of four books on climatism and green energy, and we discussed his most recent book: Green Breakdown: The Coming Renewable Energy Failure, published this year. We dove into the physics and engineering issues involved in the transition to renewable energy, and why it won’t be as easy as a lot people claim. This was an enlightening and informative discussion.

Use these show notes to follow along with the audio:

Segment one:

Steve has an engineering background which likely helps with how he methodically approaches his new book, Green Breakdown https://www.amazon.com/Green-Breakdown-Coming-Renewable-Failure-ebook/dp/B0CB93BG7Y
Ed referenced this today because Steve alludes to it in his book. Did you know about the great horse manure crisis of 1894? More here: https://en.wikipedia.org/wiki/Great_horse_manure_crisis_of_1894
“The wealthy nations of the world are in the midst of an energy transition and trying to force NET ZERO by 2050.” [..] “This is beyond a reach out effort. It’s more like a wish and a prayer.” —Steve Goreham
Today I learned, the states that have the lowest electricity rates have made significant investments in hydroelectric power.

Segment two:

Wind, solar, and the energy mountain is a great slide provided by Steve for the show today
“We have the wealthy nations of the world trying to force the undeveloped nations not to use coal, oil, and gas.” —Steve Goreham
On carbon capture and storage (CCS): “I attribute [CCS] to unicorn arranging. It’s a completely useless exercise.” —Steve Goreham
Steve touched on the idea that $5 trillion dollars has been spend on renewable energy from 2004-2021. Here is a slide with key dates.

Sement three:

Should you ditch your gas stove, oven, water heater, or fireplace? “The recent articles around these topics weren’t written by medical professionals. They were written by climate folks.” —Steve Goreham
Steve asks audiences this question when speaking: “What fuel source is most responsible for improving air quality across the world? Natural gas and propane.” Here is a quick source https://www.eia.gov/energyexplained/natural-gas/natural-gas-and-the-environment.php
“We’ve really cleaned up our air in the United States. If you look at EPA data, all of our major air pollutants are down about 80%.” —Steve Goreham
“Nuclear is very non-polluting from an air quality point of view. Many environmental groups for years and years opposed nuclear power. They’re stepping back from that now a little bit.” —Steve Goreham

Segment four:

From Steve: Electric vehicles are penetrating world markets. Last year about 14% of new light vehicles sold in the world were electric. But dealer inventories are up. EV pickup trucks are not selling well. Ford loses on every vehicle sold.
The problem with electric vehicles is that governments are trying to force a change. Steve rattled off a list of about 10 states that have a law similar to California.
After electric vehicles, Steve shifted his attention to ships on our show today. And aviation. There are similar “green” regulations in both industries that he addresses in his book, Green Breakdown https://www.amazon.com/Green-Breakdown-Coming-Renewable-Failure-ebook/dp/B0CB93BG7Y
A big THANK YOU to Steve Goreham for joining us today. We highly recommend his newest book, Green Breakdown: The Coming Renewable Energy Failure https://www.amazon.com/Green-Breakdown-Coming-Renewable-Failure-ebook/dp/B0CB93BG7Y
We have GREAT NEWS! Ron will be presenting at The Successful Bookkeeper Summit on December 7th - 8th. Early bird registration is available now. https://www.thesuccessfulbookkeeper.com/virtual-summit-2023

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