{"id":47965,"date":"2022-11-08T10:05:48","date_gmt":"2022-11-08T15:05:48","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=47965"},"modified":"2022-11-08T10:05:48","modified_gmt":"2022-11-08T15:05:48","slug":"was-this-money-wisely-spent","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=47965","title":{"rendered":"Was This Money Wisely Spent?"},"content":{"rendered":"<p>On October 25th, <a href=\"https:\/\/wattsupwiththat.com\/2022\/10\/25\/goldman-sachs-jeff-currie-3-8-trillion-of-investment-in-renewables-moved-fossil-fuels-from-82-to-81-of-overall-energy-consumption-in-10-years\/\" target=\"_blank\" rel=\"noopener\">WattsUpWithThat<\/a> posted an article about spending on green energy and the results of that spending.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Economist Jeff Currie of Goldman Sachs (Global Head of Commodities Research in the Global Investment Research Division): \u201cHere\u2019s 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\u2019re 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. But you know, given the recent events and what\u2019s happened with the loss of gas and replacing it with coal, that number is likely above 82.\u201d \u2026 The net of it is clearly we haven\u2019t made any progress.\u201d<\/strong><\/p>\n<p>The article includes the following graph:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergyConsumptionInTheUS.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-47966 size-full\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergyConsumptionInTheUS.png\" alt=\"\" width=\"675\" height=\"410\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergyConsumptionInTheUS.png 675w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergyConsumptionInTheUS-300x182.png 300w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergyConsumptionInTheUS-494x300.png 494w\" sizes=\"auto, (max-width: 675px) 100vw, 675px\" \/><\/a>The article also includes the following Tweet:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergieWende.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-47967 size-full\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergieWende.png\" alt=\"\" width=\"554\" height=\"579\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergieWende.png 554w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2022\/11\/EnergieWende-287x300.png 287w\" sizes=\"auto, (max-width: 554px) 100vw, 554px\" \/><\/a>I think it is time to go back to the drawing board.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 25th, WattsUpWithThat posted an article about spending on green energy and the results of that spending. The article reports: Economist Jeff Currie of Goldman Sachs (Global Head of Commodities Research in the Global Investment Research Division): \u201cHere\u2019s a &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=47965\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15686,492,317,1402,12095],"class_list":["post-47965","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-fossil-fuels","tag-goldman-sachs","tag-green-energy","tag-renewable-energy","tag-wattsupwiththat"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/47965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47965"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/47965\/revisions"}],"predecessor-version":[{"id":47968,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/47965\/revisions\/47968"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}