Depending on the scenario, the US oil boom is nearing its peak or continuing to soar.pic.twitter.com/pnEVCeocAP
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Don't think it's good news for emissions. They remain stable.pic.twitter.com/FrZd9cdysz
As I note elsewhere, EIA predicts emissions stay stable because growth in industrial emissions (largely from natural gas) offset the decline in power plant coal, while transportation and other sectors stay flat.https://twitter.com/cohan_ds/status/1223478353472245760?s=20 …
Amazing that people get paid for these estimates. Hardly any thought is put into their numbers. No sense in reading the tea leaves when there is no tea in sight. Thanks Dan for shining a bright light on them!
EIA (lol). I do energy consulting to the federal government and it KILLS me we have to use their forecasts. The fact that the government has to use these is driving tons of bad investments
i LOVE these prediction comparison graphs
The future is way more complex to predict than our overly simplistic energy system models (ESM). ESM should never be used to make predictions, but to ascertain the effects of certain policy scenarios, assuming all else remains the same.
Brilliant thread.
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