March 5th, 2009
The Global Energy Market (GEM) model leads to what we call the “2030 1/3 forecast.” It indicates that by the year 2030, approximately 1/3 of the world’s primary energy will be provided by solids, 1/3 by gases, and 1/3 by liquids.
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Posted in Energy Policy | 2 Comments »
November 23rd, 2008
The quantity of available conventional petroleum is greater than often assumed, given the tendency to overlook unassessed areas and future reserve growth. Furthermore, volumes of unconventional resources are even more abundant than conventional resources. As a result, conventional and unconventional resources combined are likely to last far longer than many now expect.
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Posted in Oil | 5 Comments »