Big Tech's Net Zero Struggle

Energy News Beat Podcast

Big Tech's Net Zero Struggle

July 23, 2024

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss significant global energy developments key topics include China's banking turmoil and its potential impact on oil prices, the UK likely missing its 2030 clean power goals, Russia's consideration of building an oil refinery in Cuba, and big tech's struggles to achieve net zero emissions. They also cover the oil and gas markets, noting a recent drop in oil prices due to political events and Australia's Woodside acquiring Tellurian's Driftwood LNG project. Lastly, they mention SM Energy's upsized debt offering to fund the acquisition of Uinta Basin assets.

Highlights of the Podcast

00:00 - Intro

01:43 - China’s banking turmoil: 40 banks vanish as crisis deepens

03:15 - Bad News From China Could Be The Harbinger For Lower Oil Prices

05:15 - UK Likely to Miss Its 2030 Clean Power Goals

07:40 - Russia Considers Building Oil Refinery in Cuba

09:47 - Big Tech Struggles on the Path to Net Zero

13:25 - Markets Update

16:21 - Australia’s Woodside to buy Tellurian

19:09 - $SM Debt Offering: $1.5B

22:20 - Outro

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