That ongoing energy transition the Biden administration and its pet journos are always hyping up — you know, the one that’s going to magically save us all from coming climate doom?
Turns out it’s completely fake.
Consider: The latest data, including that released by industry-standard the Statistical Review of World Energy, show nothing like a transition “well underway” (to quote Politico).
From 2004 to 2022, the numbers show, worldwide spending on wind and solar power totaled some $4.1 trillion.
Over that same period, global hydrocarbon usage — oil, gas, coal — increased by 110 exajoules, vs. 32 for wind and solar.
Indeed, the only year since 2010 that saw a decrease in fossil-fuel usage was 2020.
In other words, it takes a global pandemic and months of draconian restrictions on commerce and movement to dent the march of hydrocarbons.
Without such extraordinary soul- and economy-crushing policies, planet-wide use of “dirty” energy is still growing faster than use of “clean” power.
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