This has just appeared on the excellent 'The Australian' site: another reason to subscribe which I do in print and digital:

(it's the view of S & P Platts analysts, apparently an offshoot of the Standard and Poors global ratings agency that it must be admitted doesn'[t have a perfect record):

Demand for fossil fuels still rising: Platts

"Despite the increased rhetoric and focus on the “energy transition’’, demand for all fossil fuels will grow this year, while currently elevated energy prices will remain vulnerable to geopolitical shocks as supply catches up with demand, S&P Global Platts analytics predicts...

...And while there is increasing investor focus on the energy transition and even divestiture of energy stocks, Platts says the need for more fossil fuel energy will keep investment strong.

“Despite the increased rhetoric and focus on energy transition, demand for all fossil fuels will increase in 2022, requiring more fossil fuel supply,’’ Platts says.

“Even though some companies and investors are looking to divest from fossil fuels, we see healthy levels of investment in 2022 and beyond prompting an easing of energy prices. Expect a ripple effect into other commodity sectors, including metals and agriculture, impacting the current commodity bubble.’’