Dueling forecasts: Why our energy future is actually a risk management problem
It is well to remember that none of people making forecasts can know the one thing they all desperately want to know: the future.
It is well to remember that none of people making forecasts can know the one thing they all desperately want to know: the future.
The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast, this time from the Paris-based International Energy Agency, it is worth reviewing the agency’s record.