Goldman Sachs’ Currie: ‘$3.8T of Investment in Renewables Moved Fossil Fuels from 82% to 81% of the Overall Energy Consumption’ in 10 Years

‘At the end of last year, overall fossil fuels represented 81% of energy consumption, 10 years ago, they were at 82%’

EXCERPT:

CURRIE: “Let's look at how much did the greens investment give us? Here's a stat for you, as of January of this year. At the end of last year, overall, fossil fuels represented 81 percent of overall energy consumption. Ten years ago, they were at 82. So though, all of that investment in renewables, you're talking about 3.8 trillion, let me repeat that $3.8 trillion of investment in renewables moved fossil fuel consumption from 82 to 81 percent, of the overall energy consumption.”

 

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