I also note that he doesn't even attempt to quantify how much was spent on hydrocarbons in the same time frame (as far as I can tell, investment in oil and gas was at least 2x in renewables in 2019, and I suspect that multiple would get a lot higher further back), and that the timeframe chosen is quite long to spread out the recent gains in renewables over as long a time as possible while giving hydrocarbons longer to stack up an increase.
This was based on some googling for reports with some numbers. I can't find the exact one I used to get the number but the report linked by
ahelwer in another commend has the same kind of numbers (investment in hydrocarbons was 2.6x of renewable generation: adding on top investments in switching demand to be able to use renewables, which is primarily investment in EVs, puts the number at 1.7x in 2019): https://about.bnef.com/energy-transition-investment/https://imgur.com/B2QBY6u
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He's complaining about the $4.1T investments in wind and solar not leading to it growing faster than carbon sources.
But not investing that would have left the world in an even worse position. If anything it's just not enough but it will have to be.
I also note that he doesn't even attempt to quantify how much was spent on hydrocarbons in the same time frame (as far as I can tell, investment in oil and gas was at least 2x in renewables in 2019, and I suspect that multiple would get a lot higher further back), and that the timeframe chosen is quite long to spread out the recent gains in renewables over as long a time as possible while giving hydrocarbons longer to stack up an increase.
When you say "as far as I can tell", what do you mean? Why do you say 2x?
This was based on some googling for reports with some numbers. I can't find the exact one I used to get the number but the report linked by ahelwer in another commend has the same kind of numbers (investment in hydrocarbons was 2.6x of renewable generation: adding on top investments in switching demand to be able to use renewables, which is primarily investment in EVs, puts the number at 1.7x in 2019): https://about.bnef.com/energy-transition-investment/ https://imgur.com/B2QBY6u