What do Bill Gates and Exxon Mobil have in common?

In this episode of Energy Newsbeat Daily Standup, Michael Tanner and Stuart Turley dive into Bill Gates’ surprising pivot on climate change, questioning his motives and the massive economic fallout from his past advocacy. They highlight Charles Payne’s sharp commentary, emerging cybersecurity threats from Chinese EVs, Illinois’ questionable battery storage bill, and Exxon's bold legal challenge against California’s climate laws. Also covered: Exxon’s Permian JV buyout, rig count drops, natural gas spikes, Venezuela tensions, OPEC+ production moves, and the strategic importance of Exxon’s Guyana asset. A fast-paced, hard-hitting roundup of energy news and political implications.

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Timestamps:

00:00 - Intro

00:13 - Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets?

04:30 - Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric Buses, Power Grids, and Phones

06:08 - Illinois Gov Pritzker to Approve Bill Calling for 3 GW of Battery Storage by 2030 – But How Much Will They Lower Electricity Prices Remains to Be Seen

09:45 - Exxon Buys Out Legacy Sinochem JV, Expands in Midland Basin

12:17 - ExxonMobil Sues California Over Climate Reporting Laws

17:10 Market Updates

20:10 - OPEC+ Agrees to a 137,000 b/d Increase for December Followed by a 3-Month Pause: What It Means for Oil Markets and Investor Outlook

22:05 - Chevron Reports Third Quarter 2025 Results

23:27 - Outro

Links to articles discussed:

Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets?

Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric Buses, Power Grids, and Phones

Illinois Gov Pritzker to Approve Bill Calling for 3 GW of Battery Storage by 2030 – But How Much Will They Lower Electricity Prices Remains to Be Seen

Exxon Buys Out Legacy Sinochem JV, Expands in Midland Basin

ExxonMobil Sues California Over Climate Reporting Laws

OPEC+ Agrees to a 137,000 b/d Increase for December Followed by a 3-Month Pause: What It Means for Oil Markets and Investor Outlook