An inconvenient truth about OPEC
Friday, September 17, 2010
But they are wrong: OPEC output will not meet such projections, because they are based on flawed and outdated forecasting models.
In forecasts that carry forward to the 2030's, the three organisations share the view that world energy demand will increase, that developing countries will account for most of the increase, and that fossil fuel will remain dominant.
That is indeed a welcome development, especially looking at the fact that the manual way of doing things is slowly disappearing and competency in the use of computers and other digital gadgets has become a must.The simple way of looking at it is just an example that almost all companies have gone completely digital and school leavers will be better placed after leaving school, because they will already be familiar with the use of computers.The...