Week Recap: Trump’s Coal Stance, AI's Billion-Dollar Bet, and …

Energy News Beat Podcast

Week Recap: Trump’s Coal Stance, AI's Billion-Dollar Bet, and Europe's Energy Gamble

February 01, 2025

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley highlight key developments: President Trump's Davos speech advocates coal as a critical backup for grid stability, countering rapid renewable transitions. They discuss Stargate, a $500 billion AI data center project in Texas backed by tech giants, raising concerns over its ambitious goals and ties to agencies. Europe's debate over U.S. LNG imports amid declining gas demand and price sensitivity is analyzed, alongside Halliburton's mixed Q4 earnings showing resilience despite a slight annual dip. Russian LNG exports to the EU hit record highs, underscoring persistent energy dependencies despite sanctions. The hosts also address Earth's finite resources, advocating nuclear energy as a sustainable solution while critiquing renewables and emphasizing pragmatic energy strategies.

Highlights of the Podcast

00:00 - Intro

00:54 - Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA

02:49 - Stargate’s first data center is underway in Texas. Public filings show how much it will cost to build.

05:39 - Europe doesn’t need US gas, but might buy it anyway

09:41 - Halliburton Posts Quarter-on-Quarter Income Rise

11:48 - Russian LNG exports hit new record – Kpler

14:16 - Planet Earth’s natural resources are limited to its 8 billion residents

16:31 - Outro

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