The Biden Administration is all in on the green energy “transition” to end fossil fuel production and consumption in 20 to 30 years.
Mark Mills, an energy expert at the Manhattan Institute proves fairly compellingly that this “transition” can’t happen without causing a worldwide economic crash that would cause a surge of poverty, hunger, and misery that would make the Great Depression feel like a picnic on the beach.
The chart below shows how divorced from energy reality the climate change fanatics are.
Mills exposes the green energy fantasy well:
“After at least $5 trillion in spending over the past two decades, hydrocarbons still supply 84% of global energy, down just two percentage points. [At this pace it would take 84 years to end fossil fuel consumption – which puts us into the 22nd century.] For context, burning wood still supplies more than five times the amount of global energy than all the world’s solar panels. Meanwhile, the total demand for hydrocarbons has risen over those 20 years by an amount equal to six times the entire oil output of Saudi Arabia.”
The real-world reality is simple: the world is going to be using massive amounts of oil, gas, and coal over the next five decades and the only question is whether that energy will come from North America (the U.S., Canada, and Mexico), or whether it comes from China, Russia, and the Middle East.
We vote for America.