Energy News Beat Podcast

Energy News Beat Podcast


Week Recap: Biden's Wind Turbine Controversy, and EV Owners' Regrets

June 29, 2024

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley criticize Biden's diversion of funds to floating wind turbines. They highlight a McKinsey study showing nearly half of EV owners want to return to gas cars due to high costs and inadequate charging infrastructure. They also address the high cost of battery storage for renewables, rising carbon emissions in Asia, Fervo Energy's new geothermal energy deal with Southern California Edison, and U.S. sanctions on an Iranian shadow banking network laundering oil money for weapons funding


Highlights of the Podcast


00:00 - Intro

01:03 - Biden Illegally Diverts Billions to Build Floating Wind Turbines!

03:44 - Almost Half Of EV Owners Want To Go Back To Gas Cars, Study Finds

06:59 - The $2.5 trillion reason we can’t rely on batteries to clean up the grid

09:25 - Why Asia’s Carbon Emissions Are Erasing Western Progress

12:32 - Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

14:53 - US Treasury imposes sanctions on Iranian shadow banking network laundering oil money

16:20 - Outro


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


Biden Illegally Diverts Billions to Build Floating Wind Turbines!

June 22, 2024 Stu Turley

Guest Post from David Wojick at CFact. The Biden Administration is illegally redirecting hundreds of millions of dollars in highway grant money to fund construction of floating wind manufacturing facilities. The funding mechanism is the INFRA […]


Almost Half Of EV Owners Want To Go Back To Gas Cars, Study Finds

June 21, 2024 Mariel Alumit

Nearly half of American electric vehicle (EV) owners want to buy an internal combustion engine model the next time they buy a car, according to a new study from McKinsey and Company, a leading consulting […]


The $2.5 trillion reason we can’t rely on batteries to clean up the grid

June 24, 2024 Mariel Alumit

A pair of 500-foot smokestacks rise from a natural-gas power plant on the harbor of Moss Landing, California, casting an industrial pall over the pretty seaside town. If state regulators sign off, however, it could be […]


Why Asia’s Carbon Emissions Are Erasing Western Progress

June 24, 2024 Mariel Alumit

Global CO₂ equivalent emissions grew by 2.1% in 2023, crossing 40 billion metric tons for the first time. This category of emissions is the sum of carbon dioxide emissions from energy, carbon dioxide emissions from […]


Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

June 25, 2024 Mariel Alumit

World’s largest geothermal PPAs highlight increasing utility demand for clean, reliable next-generation geothermal energy HOUSTON, TX (June 25, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, announced today the execution of two power […]


US Treasury imposes sanctions on Iranian shadow banking network laundering oil money

June 26, 2024 Mariel Alumit

The US Treasury Department on June 25 imposed sanctions on parts of a shadow banking network that Iran uses to launder billions in oil proceeds used to provide weapons to Russia and regional proxy groups […]


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