In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stu Turley and Michael Tanner break down Warren Buffett’s warning on wind energy proves true as subsidies vanish, exposing its economic fragility, while China faces a deepening debt crisis with a staggering 312% debt-to-GDP ratio. California backtracks on EV tax credits amid budget shortfalls, and Trump urges Europe to stop buying Russian energy, risking geopolitical fallout. Meanwhile, Russia’s crude exports hit a 16-month high, and the U.S. energy market braces for shifting global dynamics.
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Follow Stuart On LinkedIn:
https://www.linkedin.com/in/stuturley/ and
Twitter: https://twitter.com/STUARTTURLEY16
Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and
Twitter: https://twitter.com/mtanner_1
Timestamps:
Highlights of the Podcast
00:00 - Intro
00:14 - Warren Buffett Was Right About Wind Energy, and You Should Not Invest in It Without Tax Breaks and Subsidies
03:40 - California Won’t Replace Expiring $7,500 Federal EV Tax Credit
06:06 - Oil Pipeline Lifeline for Canada Comes Under Siege in Michigan
09:33 - Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets?Oil
13:04 - Jumps as Trump Pushes Europe to Stop All Russian Energy Purchases
16:20 - Russia’s Crude Flows Hit 16-Month High on Rising Output, Attacks
18:57 - Outro
Links to articles discussed:
California Won’t Replace Expiring $7,500 Federal EV Tax Credit
Oil Pipeline Lifeline for Canada Comes Under Siege in Michigan
Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets?Oil
Jumps as Trump Pushes Europe to Stop All Russian Energy Purchases
Russia’s Crude Flows Hit 16-Month High on Rising Output, Attacks
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