Financial Crisis Archives - Page 4 of 28

EU Triples Down on Net Zero: Parliament and Commission Push Absurd, Destructive Policies

July 18, 2026July 18, 2026 Clark Savage76

This week, the European Union doubled (or tripled) down on its net-zero agenda with a flurry of proposals that critics describe as micro-managed, unrealistic, and dangerously detached from energy system realities. From a sweeping electrification mandate to tweaks in carbon pricing and selective delays on enforcement, Brussels continues to prioritize targets over reliable power, affordability, […]

New York Imposes First Ever Moratorium on U.S. Data Centers

July 15, 2026 Clark Savage133

New York Governor Kathy Hochul signed an executive order on July 14, 2026, imposing the country’s first statewide moratorium on new large-scale data centers. The order halts permitting for facilities requiring 50 megawatts (MW) or more of electricity for up to one year while regulators study impacts on the electric grid, water resources, and local […]

Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

June 30, 2026 Clark Savage112

Europe’s once-mighty industrial engine is sputtering, and Germany—the continent’s manufacturing powerhouse—is at the epicenter of a deepening crisis. High energy costs driven by aggressive Net Zero policies, renewable intermittency, heavy regulations, and carbon pricing are accelerating deindustrialization. Major firms are slashing jobs, closing plants, and relocating production to the United States and Asia, where energy […]

Remove the crude oil, and you do not merely dim the lights. You dismantle society!

June 29, 2026 Clark Savage85

ENB Pub Note: This article is from America Outloud and Ronald Stein. We recommend signing up for notices from Ronald on the link below. Can a zero-emissions world survive without crude oil? That is the wrong question. The zero-emissions debate asks when we can stop burning crude oil. The harder question — one that remains […]

Ed Miliband Vetos Plan to Boost Oil Output for Defense Fund

June 25, 2026 Clark Savage97

In a decision that highlights his uncompromising stance against domestic fossil fuel expansion, UK Energy Secretary Ed Miliband reportedly vetoed a Treasury-backed proposal to increase North Sea oil and gas drilling. The plan was designed to generate additional tax revenues to help fund the Ministry of Defense’s urgent need for an extra £18 billion ($24 […]

California High-Speed Rail project soars to $231 Billion

June 16, 2026 Clark Savage154

The California High-Speed Rail (CAHSR) project, once sold to voters as a transformative $33 billion bullet train connecting San Francisco to Los Angeles in under three hours by 2020, now carries eye-watering cost estimates that have ballooned dramatically. The latest figures from the California High-Speed Rail Authority’s (CHSRA) 2026 Draft Business Plan put the full […]

Modern society runs on refined oil products. Can California keep ignoring reality?

June 1, 2026 Clark Savage63

ENB Pub Note: This is a great article from America Outloud with Mike Ariza and Ronald Stein, and both have been on the Energy News Beat podcast. We recommend connecting with both great resources. An energy “REALITY” reminder is that crude oil by itself is useless black tar, unless you build a multi-billion-dollar refinery to break […]

California Extends Its Key Climate Programs, Condemning the State to High Energy Prices

June 1, 2026 Clark Savage130

On Friday, May 29, 2026, the California Air Resources Board (CARB) approved sweeping updates to the state’s Cap-and-Invest program (formerly Cap-and-Trade), extending California’s signature climate initiative through 2045. State regulators framed the changes as a balanced move to meet aggressive greenhouse gas reduction targets while supporting affordability and preventing industry “leakage”—the exodus of major polluters […]

We are about to price the oil and gas markets for absence rather than scarcity

May 26, 2026 Clark Savage107

In a recent appearance on Squawk Box Asia, veteran commodities strategist Jeff Currie (Co-Chairman of Abaxx Markets) delivered a stark warning that resonates deeply with current market dynamics. He described an emerging “rare earth moment” — a qualitative shift where markets have been neglecting the physical world (“atoms”) in favor of financial narratives and tech […]

Ørsted Explores $1 Billion+ Sale of US Onshore Renewables Assets Amid Strategic Pivot and US Policy Uncertainty

May 22, 2026 Clark Savage350

Danish renewable energy giant Ørsted is reportedly exploring the sale of its US onshore renewable assets in a deal that could exceed $1 billion, according to Bloomberg reporting on May 22, 2026. The move comes as the company continues its global farm-down strategy, sharpens focus on core offshore wind in Europe and Asia, and navigates […]

Category: Financial Crisis

EU Triples Down on Net Zero: Parliament and Commission Push Absurd, Destructive Policies

New York Imposes First Ever Moratorium on U.S. Data Centers

Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

Remove the crude oil, and you do not merely dim the lights. You dismantle society!

Ed Miliband Vetos Plan to Boost Oil Output for Defense Fund

California High-Speed Rail project soars to $231 Billion

Modern society runs on refined oil products. Can California keep ignoring reality?

California Extends Its Key Climate Programs, Condemning the State to High Energy Prices

We are about to price the oil and gas markets for absence rather than scarcity

Ørsted Explores $1 Billion+ Sale of US Onshore Renewables Assets Amid Strategic Pivot and US Policy Uncertainty

About Energy News Beat

Recent Post

Why Alaska Matters, Energy Independence, Critical Minerals, and National Security

South Korea’s Hyosung Heavy Industries has locked in ₩386.5 billion (about $277–$287 million) in ultra-high-voltage transformer contracts with two unnamed U.S. Big Tech companies for new AI data centers—one in the South and one in the North.

Quick Links