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WSJ What’s News

How Green Energy Slashed Emissions But Crippled Europe's Economy

WSJ What’s News

The Wall Street Journal

Daily News, News

44K Ratings

🗓️ 4 December 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for Dec. 4. A controversial U.S. boat strike takes a new turn, as an Admiral plans to tell lawmakers that two survivors were trying to continue their drug-run. WSJ correspondent Shelby Holliday explains why videos of the strike have sparked allegations of war crimes. Plus WSJ’s Tom Fairless and Max Colchester detail how the promise of Europe’s green energy transition has proved costly for consumers and damaging for the economy. And the billionaire class is booming – with a new study showing the world has more mega-rich than ever before. Caitlin McCabe hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:29.3

A controversial U.S. boat strike takes a new turn, as an admiral plans to tell lawmakers

0:37.4

that two survivors were trying

0:39.3

to continue their drug run. Plus, we dig into why Europe's ambitious green energy plans

0:45.0

delivered emissions cuts, but none of the economic benefits. I mean, everyone's energy bills in Europe

0:51.0

have gone up substantially, and that is exacerbating a cost of living

0:54.9

crisis in the UK. And it's also feeding into a sense that the system has failed them.

0:59.8

And the billionaire class is booming, with a new study showing the world has more mega-rich

1:05.2

than ever before. It's Thursday, December 4th. I'm Caitlin McCabe for the Wall Street Journal, and here's the AM edition of What's News.

1:13.9

The top headlines and business stories moving your world today.

1:19.0

Now we begin with a journal exclusive.

1:22.3

That a senior U.S. commander is expected to tell lawmakers that the two survivors of a controversial boat strike

1:29.3

were attempting to continue their drug run. Details of the September strike have emerged as a matter

1:35.8

of concern for Congress. They are seeking information about the role that Admiral Frank Mitch Bradley

1:41.2

played in continuing to target the two survivors, along with Defense Secretary

1:46.0

Pete Hegseth on whether the operation violated the laws of war.

1:51.2

Hegset has told reporters that Bradley ended up firing another round of missiles at the two survivors

1:56.6

to sink the ship, destroy the drugs, and kill the alleged narco-terrorists.

...

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