"Last week, the EIA released its Annual Energy Outlook 2022. Inside its report, it projected that U.S. energy consumption will continue rising through 2050 and that oil and natural gas will continue to play a pivotal role. In fact, the EIA believes that oil and natural gas will remain the most-consumed fuels between now and 2050. Meanwhile, renewables will rise rapidly during that period." - The Energy Investor 3-7-2022
Surprise: We have been lied to by our government. The Green New Deal is a myth. Even if we spend $100 Trillion + lots of magic dust, renewables will not replace the energy that we get from fossil fuels.
BTW the same governments told us that Defunding the Police would lower crime and make minority neighborhoods safer.
The Big Paradigm Shift
The Big Paradigm Shift
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group