Manonthestreet
Diamond Member
- May 20, 2014
- 35,138
- 23,631
Acording to their own propo, to wit
michaelshellenberger.substack.com
But other data complicate that picture. The global economy’s dependence on fossil fuels declined from just 86% to 84% over the last 20 years. Solar and wind supply just 5% of global energy. And there are so few EVs that they reduce petroleum consumption by just a half percent of global demand.
Meanwhile, places with heavy renewables penetration are reaching their limits. The amount of zero-carbon electricity California generated declined by 10% over the last decade, because of less hydroelectricity from drought, and the 2011 closure of San Onofre nuclear plant, which was 9% of the state’s total electricity generation. In Germany, the total amount of electricity from renewables declined in 2021, even as overall electricity consumption rose.
![michaelshellenberger.substack.com](https://substackcdn.com/image/fetch/w_1200,h_600,c_fill,f_jpg,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F9a3a9637-3a00-438a-ac73-68769282fb68_1897x983.png)
End Of Renewables Craze Is Near
Renewables have stalled out in California and Germany :: UK announces it will frack for natural gas :: South Korea cuts renewables to fund nuclear
![michaelshellenberger.substack.com](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffe0d2788-d12d-4f97-8338-93a3f3c03701%2Ffavicon-16x16.png)
Meanwhile, places with heavy renewables penetration are reaching their limits. The amount of zero-carbon electricity California generated declined by 10% over the last decade, because of less hydroelectricity from drought, and the 2011 closure of San Onofre nuclear plant, which was 9% of the state’s total electricity generation. In Germany, the total amount of electricity from renewables declined in 2021, even as overall electricity consumption rose.