Is the World Currently Swimming in an Oversupply of Primary Energy?

We are at a significant turning point in the history of our planet, says John Defterios. The world has been bathing in an excess of primary energy for more than two decades due to shale oil and gas production,. And now we have what we have, which is chronic shortages of primary energy. We do not have bridging technologies to get us from where we were to where we want to be with regard to carbon omissions," he said.