Kite & Key notes that "between 2015 and 2023, the world invested over $12 trillion in alternative energy. By the end of that period, we were investing nearly double as much in alternatives as we were in fossil fuels."
The result of all that effort? The International Energy Agency reports that from 2013 to 2023 the percentage of global energy derived from fossil fuels declined from 82% to, well, 80%.
The world needs reliable, affordable, and abundant energy to run modern economies, and fossil fuels have proven hard to beat. Green energy? We're still waiting for the receipts on that.
Plenty of people would like to move beyond those sources in theory. But when they see what the world actually looks like without them — higher prices, slower travel, less reliable electricity — there are a lot fewer takers.
