Coal Usage Hits Record High
$3.8 trillion of investment in renewables moved fossil fuels from 82% to 81% of the overall energy consumption. It is apparent that renewable energy is not going anywhere fast
By Jack Dini —— Bio and Archives--July 12, 2023
Global Warming-Energy-Environment | Comments | Back To Full Article
The world set a new record for energy use in the last year. And even though renewables are being installed at the fastest rate they have ever been, it isn't enough to keep up with the growing demand for energy let alone to 'convert' the world to net zero. (1)
Overall, despite the best efforts to wean ourselves off fossil fuels, the world remains 'stuck' getting 82% of its energy from them. We are a fossil fueled world. Solar and wind power make up just 6% of our energy needs.
The Energy Institute has released the Statistical Review of World Energy, and it shows global energy use has not only recovered from the pandemic, it is now 3% higher than it was pre-Covid. The relentless human desire for energy continues. In 2022, humans used 1% more energy than they did the year before and 70% of that growth was from China. (2)
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