Warren Buffett Was Right on Energy, China’s in Debt – ENB Weekly Recap

In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stu Turley and Michael Tanner break down Warren Buffett’s warning on wind energy proves true as subsidies vanish, exposing its economic fragility, while China faces a deepening debt crisis with a staggering 312% debt-to-GDP ratio. California backtracks on EV tax credits amid budget shortfalls, and Trump urges Europe to stop buying Russian energy, risking geopolitical fallout. Meanwhile, Russia’s crude exports hit a 16-month high, and the U.S. energy market braces for shifting global dynamics.

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

Twitter: https://twitter.com/STUARTTURLEY16

Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and

Twitter: https://twitter.com/mtanner_1

Timestamps:

Highlights of the Podcast

00:00 - Intro

00:14 - Warren Buffett Was Right About Wind Energy, and You Should Not Invest in It Without Tax Breaks and Subsidies

03:40 - California Won’t Replace Expiring $7,500 Federal EV Tax Credit

06:06 - Oil Pipeline Lifeline for Canada Comes Under Siege in Michigan

09:33 - Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets?Oil