The Sources of Energy

There is a lot of banter thrown around how the use of crude oil, natural gas and coal is going to end. Unless the basics of chemistry change, that seems highly impossible. Nearly everything we use and consume is either made with or transported by a refined product of crude oil and/or natural gas, including wind turbines, solar panels and batteries.
Earlier this year, we heard from a miner in Chili that stated there aren’t enough hard-rock mines in the world to produce the raw materials necessary to make enough renewable energy contraptions.
https://youtube.com/shorts/sS70Tu34Tto?feature=share
Another thing that might be impossible to accomplish is to replace all the coal, oil and natural gas generated energy with “renewables”. With 20 years of forced compliance and coercion, renewables make up less than 10 percent of the world’s energy. Coal, oil and natural gas (i.e. Fossil Fuels) make up more than 77% of the world’s energy.

Seems impossible to replace 77% of the world’s energy needs with renewables because, in the last 21 years, the incremental increase in energy consumption worldwide has been 53,685 TeraWatt-hours (TWh). A number that is expected to climb as poor countries continue to develop. In the year 2021, the total energy consumption from renewables was about 11,087 TWh. This means renewables, which includes wind, solar, modern biofuels and Other Renewables, makes up only 6.3% of the world’s energy sources.
https://ourworldindata.org/energy-mix
(To view the Chart in video, visit the above website and adjust the timeline to years 2000-2021)

To coin a phrase I read earlier, “Sanctioning Hydrocarbons Could Sanction Civilization”.
https://youtu.be/01iD9hfcD80

You can read and hear all about the above in our YouTube “Energy Crisis” Playlist.
https://www.youtube.com/playlist?list=PL1tkY-3xEbEHZ36XWftQby-DOhtLi4iqN

Thank you for watching.

#recession #inflation #stagflation #hyperinflation #energy

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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.