The Netherlands is facing electricity rationing due to an overloaded power grid, driven by rapid electrification and ambitious climate goals. Over 11,900 businesses and many public buildings are waiting for network access, with wait times extending to the 2030s.
The recent share price rout for BP, exacerbated by global oil price collapses following Trump's tariff blitz, highlights deeper issues beyond just market fluctuations.
"It just seems like where we are headed is totally uncharted," said Noah Kaufman, emphasizing the uncertainty surrounding the consequences of Trump's tariffs on the global transition to green energy.