/biz/ - Business & Finance

>>49781176
Depends on where you live. For most of the world it's solar, mountainous areas it's hydropower, flatlands with not a lot of sun it's wind power.

At least if we're talking about electricity generation. Combustion engine usage is also dropping because MPG efficiency is going up meaning the amount of oil needed to fuel demand for cars is actually declining despite more people driving cars, EVs are so insignificant in 2022 that they don't even register on the graphs yet.

But yeah oil is stagnation because places like Africa, India and South America can't afford oil and have to use cheaper renewable power instead.