Global consumption of fossil fuels was higher in 2022 than at any time in human history.
Despite the $370 billion green energy slush fund stashed in the federal budget, almost 80% of our energy still comes from old-fashioned fossil fuels. We’re a long, long way from “net zero.” And remember: Unlike green energy, fossil fuels get almost no subsidies. In fact, they pay taxes. All of this is to say that there is no “global energy transition” going on. If there is one, it’s away from green energy, not toward it.