220-year chart shows “no evidence” green energy transition is underway 

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None more so than this chart going all the way back to 1800 showing changes to the primary global energy mix.  According to the authors,  the past two transitions – from wood to coal, and from coal to oil and gas – took between 70 and 100 years for the new source of energy to reach 50% market share.

While technological change is certainly accelerating, the report points out that enabling technologies typically take multiple decades to effect large scale change: in steelmaking moving from open hearth to blast furnaces took 60 years, electrification of US housing stock lasted 80 years, and converting global port infrastructure to handle container shipping took around 30 years to complete. 

Today, low carbon sources, which in the study are defined as nuclear and renewables including bioenergy,  account for around 15% of global primary energy demand (the share is higher for final demand):  

That share has been growing…

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