Larry Fink All In on AI

Daily Standup Top Stories Blackrock’s Larry Fink Jumps On “Next AI Trade”, Warning World Will Be “Short Power” June 1, 2024 Stu Turley At the start of April, we penned a lengthy report for premium subs discussing why artificial intelligence data centers, the electrification of the economy, and onshoring trends will result in a major upgrade of the nation’s […]

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Blackrock LOVES Oil Now?

Daily Standup Top Stories Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM May 6, 2024 Mariel Alumit An 800-MW, four-hour battery is “not a realistic option” for replacing Talen Energy’s 1,280-MW, coal-fired Brandon Shores power plant near Baltimore, according to the PJM Interconnection. The Sierra Club’s proposed battery storage solution to […]

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Larry Fink Says O&G Is Lying

Daily Standup Top Stories Larry Fink lashes out at BlackRock’s political critics: They ‘continuously lie’ April 17, 2024 Mariel Alumit BlackRock (BLK) CEO Larry Fink lashed out at political critics of the world’s largest money manager in combative new comments Friday, saying they “continuously lie.” The remarks came as his firm continues to face heat […] Japan […]

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Week Recap: EV Struggles, Waste, Oil Price Up

Weekly Daily Standup Top Stories Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse March 29, 2024 Stu Turley Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the […] Solar […]

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Regulatory Wrangles, Subsidy Skepticism, Fossil Fuel Dynamics, and Shareholder Spats

Daily Standup Top Stories BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices April 1, 2024 Mariel Alumit Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of State’s Office have issued a “Cease and Desist Order” against asset manager BlackRock, alleging deceptive practices regarding the company’s Environmental, […]

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Nuke-Powered Data Centers Coming to a City Near You

Daily Standup Top Stories Mass casualties feared as boxship takes out bridge in Baltimore – other coal and exports blocked March 26, 2024 Stu Turley Many are feared dead in Baltimore following a dramatic bridge collapse tonight after the 9,962 teu Dali containership smashed directly into one of the bridge’s pillars. The Maryland Transportation Authority and […]

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Nuclear Dilemmas?

Daily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Sunday’s Energy Absurdity: When […]

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Daily Energy Standup Episode #324 – Regulatory difficulties, investment dilemmas, and shifts in policies

Daily Standup Top Stories Biden’s scaled-back power rule raises doubts over US climate target March 6, 2024 Stu Turley March 5 (Reuters) – The Biden administration’s decision to exclude the existing U.S. fleet of natural gas power plants from upcoming carbon emissions regulations raises questions over the nation’s ability to meet its climate goals, […] BlackRock and […]

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