so many shilling for China/solar/wind/EVs etc. they must be getting some preferential treatment under ESG nonsense or something.
following has figures I’ve wanted to know for some years. they should be common knowledge everywhere. hope it goes viral.
quote is from a CNBC interview, video (2m15s) and transcript included:
21 Oct 2022: Climate Depot: Marc Morano: Goldman Sachs’ Jeff Currie: ‘$3.8 Trillion of Investment in Renewables Moved Fossil Fuels from 82% to 81% of Overall Energy Consumption’ in 10 Years
Economist Jeff Currie of Goldman Sachs (Global Head of Commodities Research in the Global Investment Research Division): “Here’s a stat for you, as of January of this year. At the end of last year, overall, fossil fuels represented 81 percent of overall energy consumption. Ten years ago, they were at 82. So though, all of that investment in renewables, you’re talking about 3.8 trillion, let me repeat that $3.8 trillion of investment in renewables moved fossil fuel consumption from 82 to 81 percent, of the overall energy consumption. But you know, given the recent events and what’s happened with the loss of gas and replacing it with coal, that number is likely above 82.” ... The net of it is clearly we haven’t made any progress.”
CNBC TRANSCRIPT...READ ON
https://www.climatedepot.com/2022/10/21/goldman-sachs-jeff-currie-3-8-trillion-of-investment-in-renewables-moved-fossil-fuels-from-82-to-81-of-overall-energy-consumption-in-10-years
20 March: Reuters: Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah Mcfarlane
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric...
https://www.reuters.com/business/autos-transportation/scratched-ev-battery-your-insurer-may-have-junk-whole-car-2023-03-20/