Quantifying the cost of a dollar saved is a notoriously difficult economic exercise.
Taking existing circumstances and simply drawing out the trend lines is the easiest kind of forecasting; figuring out how far that projected reality is from the alternate potential realities of changed circumstances is the difficult part. Keep reading →
“The world will lock itself into an insecure, inefficient and high-carbon energy system” without an “urgent and radical change of policy direction,” the International Energy Agency’s Executive Director said recently.
The agency has been beating the drum for significant changes to energy policy since the appointment of Maria Van der Hoeven earlier this year, and the tone of the group’s analysis, meant to reflect input from and guide policy for the world’s developed economies, has grown increasingly aggressive in recent months. Keep reading →
