Doomberg: Energy Trade-Offs, Unsustainable Policies, & Impeachable Offenses
Tom welcomes back the Head Writer from the Little Green Chicken consulting firm AKA Doomberg.
Doomberg discusses the consequences and risks of the probable U.S. coordinated attack on the Nordstream pipeline, arguing that it’s likely an impeachable offense and such actions set a bad precedent geopolitically. He notes that the media would likely not be ignoring the news had Trump taken similar measures.
He then addresses the use of Substack, highlighting its strengths and weaknesses. He expresses the importance of staying professional, stating that the traditional media’s hatred of Substack may be indicative of its importance.
Next, he talks about the tradeoffs between shipping petrochemicals via rail and allowing pipelines, which are cheaper and safer. He acknowledges that no mode of transportation is without risk, and that the media has become adept at using propaganda when it comes to energy.
He then reflects on California, a beautiful and prosperous land that encourages progressive thinking, although its ideas around energy are largely incorrect. He expresses his disagreement with the idea of preventing others from climbing the affluence ladder, which requires energy.
He then discusses home energy and efficiency, noting that there is currently a push for heat pump systems. He highlights the added complexity and cost, as well as the fact that they don’t work well in extremely cold temperatures. One needs an extremely reliable grid for such systems. He argues that if we had more nuclear and very stable grids, there would be benefits, but warns of the dangers if one’s home loses heating.
Doomy explains the importance of base load power and the problems with high-intermittency systems like wind or solar. He acknowledges that grid scale battery solutions are difficult to achieve and that we lack the will to develop sufficient mining to gather the necessary metals to realize these ideas.
He then looks at Diablo Canyon, the last nuclear plant in California, which recently has been extended to stabilize the grid. However, he claims that the Nuclear Regulatory Commission have done their best to suppress most existing and all new projects, stating that they are completely captured by the environmental movement. He suggests that some problems are too big to fix and just need to be eliminated.
Lastly, Doomy provides his outlook on the crypto market, expressing his concerns around FTX and Tether. He emphasizes the hindrance and surveillance of the conventional financial system, and worries that Central Bank digital currencies will only exacerbate that control mechanism.
Talking Points From This Episode
- The alleged U.S. coordinated attack on the Nordstream pipeline may set a dangerous geopolitical precedent.
- The importance of alternative journalism platforms like Substack.
- Green energy goals and concerns regarding electrically dependent Heat pump systems in areas with poor electric grids.
- Why the Nuclear Regulatory Commission is completely captured by the environmental movement.
- Central Bank digital currencies will further hinder and surveil.
Time Stamp References:
0:00 – Introduction
0:47 – Nordstream & America
4:28 – Putin Apoligist & Media
12:14 – Journalism & Substack
18:40 – Pipelines Vs. Rail
26:27 – California & Energy
30:14 – Heat Pumps & Home Energy
35:32 – Thar She Doesn’t Blow
39:53 – Grid Scale Solutions?
44:33 – Diablo Canyon & NRC
50:27 – Emissions & Green Agendas
56:45 – Crypto Regulations?
59:40 – Tether & Dollars
1:03:22 – Banking Privacy & Control
1:07:03 – Wrap Up
Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity, and finance to deliver innovative thinking and clarity to complex problems.