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Commodities Briefing - Categorized | Energy, Market Moves more

Why EIA, IEA, and randers’ 2052 energy forecasts are wrong

Posted on 17 January 2014

What is the correct way to model the future course of energy and the economy? There are clearly huge amounts of oil, coal, and natural gas in the ground. With different approaches, researchers can obtain vastly different indications. I will show that the real issue is most researchers are modeling the wrong limit.
Most researchers assume that the limit that they should be concerned with is the amount of oil, coal, and natural gas in the ground. This is the wrong limit. While in theory we will eventually hit this limit, because of the way fossil fuels are integrated into the rest of the economy, we hit financial limits much earlier………………………………………..Full Article: Source


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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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