An Open Thread for Petroleum comments is below this post.
My previous post on an energy transition promised to consider the level of climate change that might be associated with such an Energy Transition. Rather than use Webhubbletelescope’s CSALT model in combination with a simplified Bern Carbon Model, I have chosen to use the MAGICC 6 climate emulator.
by Dennis Coyne
(note that an Open Thread has recently been published for Petroleum)
I expect World Fossil fuel output to peak in 2025. If the World economy continues to grow in the future, a gap between Energy produced from all sources (including non-fossil fuels) and the demand for Energy will grow over time. If the gap between energy demand and energy supply is not filled by growth in non-fossil fuel energy sources there must be lower demand for energy due to reduced economic growth rates.
