The world has spent 10 Trillion on Green Energy to only have gained 3% - and the Strait of Hormuz is still closed

The world has spent 10 Trillion on Green Energy to only have gained 3% - and the Strait of Hormuz is still closed

From Energy News Beat Podcast by Stuart Turley

April 19, 2026 · 32 min

About this episode

The episode discusses the limited impact of $10 trillion spent on green energy and the geopolitical implications of the closed Strait of Hormuz on energy markets.

We are going to have a wild opening to the markets tomorrow. The Strait of Hormuz is effectively closed, and there is no reason that ExxonMobil, Chevron, and other companies should be trading the way they are. That being said, Secretary Chris Wright was on point again on CNN, and we covered his statements about how $10 trillion spent on Green Energy only increased energy use by 3%. 1. Renewable Energy Challenges & Limitations The podcast critically examines the effectiveness of renewable energy investments. Despite over $10 trillion invested globally in green energy over 20 years, renewables account for only 3% of global energy supply. Key issues include low capacity factors, transmission losses, storage requirements, and the need for grid overbuild—all of which increase true costs beyond what's typically reported. 2. Geopolitical Tensions & Energy Markets The discussion covers disruptions in the Strait of Hormuz caused by Iran's actions, leading to volatility in global oil tanker traffic and prices. Additionally, there's analysis of China's strategic reduction of U.S. Treasury holdings, signaling a shift away from the U.S. dollar. 3. Market Manipulation & Price…

People in this episode

Host: Stuart Turley

Topics covered

  • renewable energy challenges
  • geopolitical tensions
  • energy market volatility
  • market manipulation
  • oil pricing

Keywords

  • green energy
  • Strait of Hormuz
  • oil prices
  • market manipulation
  • renewable energy
  • geopolitical tensions
  • ExxonMobil
  • Chevron
  • Doomberg

Mentioned in this episode

Organizations: ExxonMobil, Chevron, Doomberg

Places: Strait of Hormuz, Iran, China, U.S., U.S. dollar

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