In this episode of the Energy Newsbeat Daily Standup, Michael Tanner covers the rise in oil prices driven by negative trade tariff developments, alongside key energy updates. He highlights the growing issue of “ghost factories” — abandoned or stalled green energy projects triggered by shifting subsidy incentives under the Big Beautiful Bill. Tanner explains how nearly 10% of $261 billion in clean tech investments have been canceled mid-construction, raising doubts about the economic viability of unsubsidized renewables. He also reports Iraq’s surprising 80,000 bpd oil production boost across three fields using highly productive vertical wells — reinforcing OPEC's leverage over global supply.
Highlights of the Podcast
00:00 - Intro
01:03 - Ghost Factories Are a Warning Sign for Green Manufacturing’s Future
06:30 - Markets Update
08:17 - Iraq Lifts Oil Output by 80,000 bpd Across Three Key Fields
09:21 - Outro
Please see the links below or articles that we discuss in the podcast.
Ghost Factories Are a Warning Sign for Green Manufacturing’s Future
Iraq Lifts Oil Output by 80,000 bpd Across Three Key Fields
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