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Doug Parker

Doug Parker

American businessman and former CEO of American Airlines

Sep 4, 2026

speaker_3UNKNOWN
3:05
There are barriers
3:06
in their way, primarily because of the cost.
3:10
It's unlike a four-year education.
3:12
There's no federal loan program where you can go get the costs of your pilot train funded.
3:18
And and it's really it's pretty expensive.
3:20
I mean, it's one hundred thousand dollars about just to get through your training and you got to go build hours just to get your certificates.
3:26
And the training can run up to one hundred thousand dollars.

6 MINS LATER

9:57
Is diversity an issue as well that you're
BarraHOST
5:50
I was really eager to catch up with you, Doug, because there aren't too many Scunthorpe fans around who will remember with great fond memory what Kevin Keegan was like as a player playing for the Iron.
6:00
Iron.Yeah, there'll not be many of us about now, you're right.
6:04
Um, well, Kevin started in 1968, and he played three full seasons, just about, two and three quarters, and he was so fit that he, he only, I think he only missed about three or four games in three s- seasons.
6:21
And I, I believe, I've been told that he used to run up the, uh, steps at the old showground to get fit and, you know, he, he was so enthusiastic.
6:30
That was the main part of his game.
6:33
He, he, he was, he was really quick, and he was really good in the air for a, a little champ, 5'7", whatever he was, and, but, uh, I don't think any optimistic Scunthorpe fan would say that he would go on to do what he did, if you know what I mean.
6:52
He, he wasn't totally outstanding.
BarraHOST
11:10
Is, is that how you met your wife?
20:46
Doug says that the problem of biofuel fraud began after George W. Bush signed two different acts passed by Congress, one in 2005 and another in 2007, which introduced a whole host of tax subsidies for companies producing renewable fuels.
21:05
So the purpose was to encourage production of renewable fuel.
21:10
They thought, it's gonna be better for the environment and make us less dependent on Middle Eastern oil.
21:15
We were involved in and dealing with the Iraq war, and there was a movement to lessen our demand on foreign oil because they felt like it, it made us more vulnerable.
22:17
The first one works like this: the government gave big refineries a yearly target of how much renewable fuel they had to produce.
22:26
But the refiners didn't necessarily want to have to retrofit all their equipment to all of a sudden produce renewable fuels, and so they developed a tradable credit system.
22:38
So company A would refine and produce biodiesel, and then an ExxonMobil would essentially buy the credit.

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