Net Zero Is Being Redefined as Global Failures Mount

In this episode of the Energy Newsbeat Daily Standup, Michael Tanner and Stuart Turley discuss the growing failures of net zero policies as renewables like wind, solar, and hydrogen struggle financially and rely heavily on subsidies. Meanwhile, oil and gas investments are rebounding, with major companies cutting renewable budgets and boosting fossil fuel projects like LNG. They highlight geopolitical tensions, especially Trump’s tariffs on India over Russian oil, and preview the upcoming Trump-Putin meeting as a key market driver. The episode also covers rising energy costs in New Jersey due to policy failures, strong Q2 earnings in oil and gas, and promising acquisitions and projects shaping the sector’s near future.

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https://www.linkedin.com/in/stuturley/ and

Twitter: https://twitter.com/STUARTTURLEY16

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Timestamps:

00:00 - Intro

00:13 - The Global Struggle to Meet Renewable Energy Goals - is this a shift back to oil and gas?

04:37 - A slower transition to “clean energy” sets the stage for stronger demand for fossil fuels for decades. – Doug Sheridan

06:35 - Trump’s Tariff Gambit Puts India in an Oil Price Bind

09:12 - NextDecade Gets $1.8 Billion Injection for LNG Project

11:30 - Soaring Electric Bills in New Jersey: Policy Failures, Energy Mix Insights, and National Cost Comparisons

16:38 - Markets Update

19:09 - BKV Corporation Reports Second Quarter 2025 Financial and Operational Results, Updated 2025 Guidance, Strategic Barnett Shale Acquisition, and Carbon Sequestered Gas Deal

20:52 - Earnings Overview

22:40 - Outro

Links to articles discussed:

The Global Struggle to Meet Renewable Energy Goals - is this a shift back to oil and gas?

A slower transition to “clean energy” sets the stage for stronger demand for fossil fuels for decades. – Doug Sheridan

Trump’s Tariff Gambit Puts India in an Oil Price Bind

NextDecade Gets $1.8 Billion Injection for LNG Project

Soaring Electric Bills in New Jersey: Policy Failures, Energy Mix Insights, and National Cost Comparisons

BKV Corporation Reports Second Quarter 2025 Financial and Operational Results, Updated 2025 Guidance, Strategic Barnett Shale Acquisition, and Carbon Sequestered Gas Deal