[ExI] FW: How Electricity Became a Luxury Good

[Alfio Puglisi]

On Wed, Sep 11, 2013 at 4:07 PM, BillK <pharos at gmail.com> wrote:

>
>
> The International Energy Outlook 2013 has recently been published by
> the U.S. Department of Energy.
> They forecast a fairly steady increase in worldwide energy consumption
> of oil, coal, natural gas, nuclear and renewables AND carbon dioxide
> emissions up to 2040.
>
> They have allowed for increased prices to cause a slowdown in the rate
> of increase of oil use and the increased prices also making harder to
> get resources viable.
>
> The full report is here:
> <http://www.eia.gov/forecasts/ieo/index.cfm>
>

The EIA has an history of optimistic projections, followed by a reduction
later. This graph from theoildrum, which uses EIA official data, is telling:

http://www.theoildrum.com/node/6556

Note how they predict each year a takeoff in oil production, which
regularly fails to materialize and they have to shift their curve into the
future. I don't have data after 2010, it would be interesting to see if it
went the same

Alfio




>
>
> BillK
>
>
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