I think people are missing his point. He’s not talking about running out of “Air” before reaching the surface, he’s talking about the requirement of exhaling during ascent to prevent an over-expansion injury.
I’ll give a shot at the answer. If your lungs are truly empty, they can’t expand upon ascent, and therefore exhaling is unnecessary. In reality, some air will remain and can expand, and therefore upon ascent you should try to exhale as more gas “becomes available”. As someone else stated, the gas in your tank also expands, and you often get a breath there as well to help during ascent. I think this is why “blow and go” isn’t recommended; even if you think your lungs are empty, air can still expand resulting in over-expansion injuries.
I’ve never done a “real” CESA from more than about 4 meters, so maybe I’m a little off base here and would like some verification of my answers.