LIVING WITHOUT OIL ‘A FANTASY’

In a radical move, the CEO of an oil giant actually defended oil. The energy transition is falling apart so fast, even the prime targets of hate, the Big Oil Men themselves, are now openly pointing out what a waste of time and money solar and wind power are. Alternative energy sources have been unable to displace hydrocarbons at scale, despite the world investing more than $9.5 trillion over the past two decades. Wind and solar currently supply less than 4% of the world’s energy.

Global Energy Use by source 1900-2023

Saudi Oil Giant CEO says world should abandon the fantasy of living without oil « JoNova (joannenova.com.au)

via climate science

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March 24, 2024 at 02:45AM

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