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How much oil is left?
There is considerable disagreement among energy resource experts as to how many years we have left of oil given current estimates of what remains in the ground. The reason for the disagreement stems from diverse assumptions about production productivity, demand and even how much remains undiscovered. In this video, viewers will see how applying a system dynamics approach (used by the Club of Rome in developing The Limits to Growth analysis) can make all such assumptions explicit in a way that allows for collaborative testing.
January 28, 2009
