The "correct" operation of this device appears to be a combination of the SmartMEG and the Adams Motor. The magnetization of the control coil cancels the field flowing through the flux gate. Then, reverse magnetization of the same causes flux from the control coil plus the flux from the magnet to magnetize the core. An output delay turn-on circuit may be required as a caveat to ensure magnet flux transport across the air gap. Excess energy can then be collected in the output coil.
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Do we really want the one thing that gives us its resources unconditionally to suffer even more than it is suffering now? Nature, is a part of our being from the earliest human days. We respect Nature and it gives us its bounty, but in the recent past greedy money hungry corporations have made us all so destructive, so wasteful.