The International Energy Administration has become a big shill for the green energy monster, so their latest report claims that the world has reached “peak” fossil fuel use and that green energy will inexorably replace oil, gas, and coal. Never mind that in 2023 the world used more oil and gas than ever before. Their prediction on what happens next is about as credible as the music recording spokesman who infamously declared that “guitar groups are on their way out,” a few months before the Beatles released their first album.

Meanwhile, in 2023 green energy enterprises recorded their deepest losses ever. Green energy returns were 50% behind the average stock returns, as the chart shows: