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Politics : Formerly About Advanced Micro Devices
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To: maceng2 who wrote (1529214)3/15/2025 10:34:18 AM
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JP Morgan Report Discounts ‘Green’ Energy, Says Fossil Fuels Remain Dominant


While the legacy media often reports that the world is rapidly transitioning away from fossil fuels to renewable energy, a new report from J.P. Morgan shows that narrative is simply not correct. Since 2010, $9 trillion has been spent globally on wind, solar, electric vehicles energy storage, electrification and power grids, but despite this expensive effort — mostly at taxpayer expense — the share of final energy consumption by carbon-free energy sources is advancing by approximately a scant 0.3% to 0.6% per year.
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