U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.

China has been increasing the overall utilization rate of renewable energy, with the national average consumption rate of wind power reaching 96 percent, that of solar photovoltaic power hitting 98 percent, and that of water energy in major river basins reaching 96 percent in 2019,

“What’s quite staggering here is that direct and indirect subsidies to fossil fuels are almost 20 times higher than to renewable energy,” said Michael Taylor, head of renewable cost status and outlook at Irena.

The share of U.S. total energy consumption that originated from fossil fuels has fallen from its peak of 94% in 1966 to 80% in 2018. The total amount of fossil fuels consumed in the United States has also fallen from its peak of 86 quads in 2007. Since then, coal consumption decreased by 10 quads and petroleum by 2 quads, more than offsetting a 7 quad increase in natural gas consumption.

Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century.