2. Cook caramelized onions
To assemble the caramelized onions, take your diced onions and combine with the rendered bacon fat, brown sugar, balsamic vinegar, and olive oil. Add the thyme and the garlic and season with salt and pepper. Make sure to mix the ingredients well. Spread this mixture evenly onto the supplied baking sheet. Note that it will look very full but as it cooks, the onions will lose a lot of its moisture. Cook in the Oven for about an hour and a half, checking in every 15 - 20 minute increments or so. When checking, open the Oven door to allow moisture to escape and stir the onions well. Spread the onions evenly in the pan before you put it back in the Oven. When it reaches a browning stage, try to pull the onions away from the rear heating element to prevent that edge from burning. The caramelized onions are done when it is cooked down and are a deep golden brown.