ENERGY – A HUGE CON

Renewable energy has been heavily promoted as the future of global energy production, with significant investments and policy support from governments worldwide. Despite this, the actual impact on the overall energy mix has been minimal. Currently, renewables account for only a modest 2% of the world’s total energy consumption, a figure that pales in comparison to the vast sums poured into the sector. Over the past five years, governments have collectively spent a staggering $5 trillion on renewable energy projects, subsidies, and infrastructure development. However, despite this enormous financial commitment, the shift away from traditional fossil fuels has been sluggish, with the overall energy landscape remaining largely unchanged. This raises important questions about the efficiency, scalability, and true viability of renewables in meeting the world’s growing energy demands.