Author Topic: $Trillions For Nothing…Damning Report: Green Energies Grow Only “Paltry Two Percent In Entire Decade  (Read 315 times)

0 Members and 1 Guest are viewing this topic.

rebewranger

  • Guest
$Trillions For Nothing…Damning Report: Green Energies Grow Only “Paltry Two Percent In Entire Decade”!
By P Gosselin on 18. June 2022

Share this...
Global transition to green energies stagnates
By Kalte Sonne
(Translated/edited by P. Gosselin)

This is reported by various media. Put simply, global energy demand is rising faster than the expansion of renewable energies, or at least so fast that the increases are only marginally reflected in the overall balance. There is, for example, the German taz (emphasis added):

A paltry two percentage points increase in an entire decade: In 2020, only 12.6 percent of global energy demand was met by renewable energies. In 2009, the figure was 10.6 percent. This is the conclusion drawn by the think tank REN21 in a report presented by energy experts on Wednesday.

According to the report, progress is being made in the expansion of power plants that produce renewable electricity, i.e. solar plants, wind turbines, hydroelectric power plants – but fossil capacities are not being reduced. Instead, energy demand continues to grow, eating up the renewables successes.

https://notrickszone.com/2022/06/18/trillions-for-nothing-damning-report-green-energies-grow-only-paltry-two-percent-in-entire-decade/

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 13,922
To place in perspective:

Just one trillion dollars diverted toward oil would supply 10 billion barrels of oil or 2.7 million barrels of oil per day for 10 years at $100 per barrel.
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Online GtHawk

  • Hero Member
  • *****
  • Posts: 14,567
  • Gender: Male
  • Well EXCUSE me!
Not trillions for nothing! There have been a whole lot of theft and payola to democrats in those trillions.