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2021 Annual Energy Paper - J.P. Morgan

2021 Annual Energy Paper - J.P. Morgan

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solar/wind generation reduced global reliance on fossil fuels from ~95% of primary energy in 1975 to ~85% in 2020. In other words, energy transitions take a long time and lots of money. The IEA expects fossil fuel reliance to decline at a more rapid pace now, fueled in part by “Big Oil” companies becoming Big Energy“ ” companies

  Reliance

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