About this episode
In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stuart Turley and Michael Tanner dive into Germany’s proposed “sun tax” and the fallout from shutting down stable power sources like nuclear and coal. The UK ramps up net-zero efforts with a 78% tax on North Sea oil profits, pressuring firms like BP to consider exiting. In the U.S., the outdated Jones Act throttles LNG export capacity. Meanwhile, renewable giants like Orsted and TPI Composites face financial collapse, prompting a return to fossil fuels. NextDecade secures $1.8B for LNG infrastructure, and New Jersey's soaring electric bills expose the hidden costs of net-zero policies. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? 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: 00:00 - Intro 00:15 - Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants 01:36 - UK Doubles Down on Net Zero, Restricting North Sea Oil Production 04:47 - The Jones Act Still Has a Stranglehold on Energy Dominance, and New Shipbuilding Rules Could Derail U.S. LNG Exports 11:34 - The Global Struggle to Meet Renewable Energy Goals – is this a shift back to oil and gas? 15:57 - NextDecade Gets $1.8 Billion Injection for LNG Project 18:04 - Soaring Electric Bills in New Jersey: Policy Failures, Energy Mix Insights, and National Cost Comparisons 21:01 - Outro Links to articles discussed: Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants UK Doubles Down on Net Zero, Restricting North Sea Oil Production The Jones Act Still Has a Stranglehold on Energy Dominance, and New Shipbuilding Rules The Global Struggle to Meet Renewable Energy Goals – is this a shift back to oil and gas? NextDecade Gets $1.8 Billion Injection for LNG Project Soaring Electric Bills in New Jersey: Policy Failures, Energy Mix Insights, and National Cost Comparisons