Reuters Admits the Obvious: Energy “Transition” & Renewables a Bust

The Reuters news agency, based in the U.K., is typically objective in its news coverage. It tilts to the left a bit, depending on the reporter. But overall we tend to trust most of its coverage. It's certainly better than Bloomberg by a mile. However, when we saw the opening line of a Reuters article titled "Climate policy requires a more realistic approach," we were blown away by its brutal honesty. Here's the very first two sentences of the article: "The pursuit of net zero carbon emissions has been a resounding failure. Despite trillions of dollars spent on renewable energy, hydrocarbons still account for over 80% of the world’s primary energy and a similar share of recent increases in energy consumption, according to The Energy Institute." Wow!

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