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future costs

Why the $20 Oil Predictions are Wrong

August 21, 2015 by Robert Rapier
2

Oil Production, Prices, and Predictions

As the price of West Texas Intermediate (WTI) retests the $40 per barrel (bbl) mark, some pundits are again calling for WTI to fall to $15 or $20/bbl. The same thing happened earlier in the year when crude prices tested $40. Lots of people predicted $20, the price went to $60, and the $20 crowd went quiet for a while.[read more]

Problems with $17 Trillion, Save-the-Planet Headlines

December 18, 2014 by Noah Deich
34

Climate Change Mitigation and Costs

Bloomberg news recently ran an article on conventional Carbon Capture and Storage (CCS) technology titled “We Now Know How to Save the Planet. For $17.6 Trillion.” While “saving the planet” sounds great and “$17.6 trillion” sounds absurdly large, both claims are probably incorrect.[read more]

Mitigation Talk Vs. Mitigation Cost

April 21, 2014 by David Hone
31

Mitigation and Future Plans

The last of the three IPCC 5th Assessment Reports has now been published, but with a final Synthesis Report to come towards the end of the year. The “Mitigation of Climate Change” details the various emission pathways that are open to us.[read more]