In this episode of the Energy News Beat podcast, Stuart Turley discusses various topics, starting with Russia's ambitious plans to triple LNG exports by 2030, highlighting the potential impact on global energy markets and geopolitical dynamics. He also delves into the challenges facing the EV industry, exemplified by Ford's significant price cuts on the 2023 Mustang Mach E and the broader implications for the Biden administration's clean energy initiatives. The discussion shifts to positive news with the announcement of a $1.5 billion loan to restart the Palisades Nuclear Plant in Michigan, underscoring the role of nuclear energy in the transition to a low-carbon future. However, concerns arise regarding disruptions in world trade due to shipping slowdowns in the Red Sea, which could lead to increased costs for consumers. The episode concludes with a critical analysis of California's climate disclosure law and its potential adverse effects on businesses and environmental sustainability efforts.

Highlights of the Podcast

00:00 - Intro 

01:30 - Russia to triple LNG exports by 2030 – deputy PM

03:07 - Ford cuts price of 2023 Mustang Mach-E by up to $8,100, offers 0% financing

05:32 - Holtec to get $1.5bn loan to restart Palisades nuclear power plant in Michigan

07:10 - World Trade Concerns as Red Sea Shipping Slows

08:56 - Why California’s climate disclosure law should doom green energy

13:47 - Outro

Please see the links below for articles that we discuss in the podcast.

Russia to triple LNG exports by 2030 – deputy PM

February 21, 2024 Mariel Alumit

The country now ranks fourth in the world in terms of liquefied natural gas sales, according to Aleksandr Novak Russia plans to continue ramping up both output and exports of liquefied natural gas (LNG), Deputy […]

Ford cuts price of 2023 Mustang Mach-E by up to $8,100, offers 0% financing

February 21, 2024 Stu Turley

Ford Motor Co. slashed the cost of its electric 2023 Mustang Mach-E on Tuesday to be more competitive with Tesla and get the award-winning SUV into the hands of budget-conscious buyers. Prices are being reduced $3,100 to […]

Holtec to get $1.5bn loan to restart Palisades nuclear power plant in Michigan

February 21, 2024 Stu Turley

Located along the eastern shore of Lake Michigan in Covert Township, the Palisades nuclear facility is a single unit pressurised water reactor, which was permanently shut down by its previous owner Entergy in May 2022 […]

World Trade Concerns as Red Sea Shipping Slows

February 21, 2024 Stu Turley

Shipping giant Maersk announced they would implement a shipping freeze in their trade routes in the Red Sea due to a high seas attack from Yemen-based Houthi militants. Despite the best efforts in the volatile Red Sea, […]

Why California’s climate disclosure law should doom green energy

February 21, 2024 Stu Turley

California prides itself for being a leader with respect to tackling climate change. This is because they believe, albeit on shaky scientific grounds, that their citizens “already” face devastating consequences inflicted on them by manmade […]

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