Interesting read31 Aug 2020 18:45
Based on this data spanning more than four decades, the IEA’s outlook for the next two decades also features oil and gas, and features them heavily, both under what it calls the Stated Policies Scenario, and the Sustainable Development Scenario. In fact, under both scenarios, oil and gas together will continue to account for more energy supply than renewables, even in 2040. The only marked difference is that under the Sustainable Development Scenario, the share of oil in the mix will fall by about a million tons of oil equivalent between 2030 and 2040.
What does all this tell us? A lot of things that could be interpreted in accordance with one’s personal opinions as facts tend to be. Yet interpretation does not change these facts, and the facts laid out by the IEA show that the world is still very much dependent on oil and gas—and even coal—for its continued energy supply. The 100-percent renewable energy world is still decades away, and more than a couple.
https://oilprice.com/Alternative-Energy/Renewable-Energy/Fossil-Fuels-Are-Here-To-Stay.html