Tuesday, September 26, 2023

Change plans

Since 2000 governments around the world have subsidized green energy to the tune of $5 trillion dollars. In 2000 the world got 86% of its energy fossil fuels and in 2022 it was 82%. The United States has set a goal of being carbon free by 2050. The current trajectory of 4% reduction in 22 years means by 2050 we will still be getting 77% of our energy from fossil fuels. As economies grow the demand for energy grows and places like Africa and India are growing rapidly. This means that the 77% figure is based on today's usage but that will be higher in the future. China committed to building two new coal plants per week in 2022. Does anyone think that there will be enough EV's sold to offset this. It is time for people to stop and think about solutions to climate change not just go hell bent for leather wind, solar and EV batteries. The current plans will not work and things need to change.

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