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I wonder if they were using numbers from the IEA? That agency seems to have been massively hit by regulatory capture by the fossil fuel industry, and consistent
by m12k 6y ago
I wonder if they were using numbers from the IEA? That agency seems to have been massively hit by regulatory capture by the fossil fuel industry, and consistently underestimates the price reductions of renewables year after year.
- adamcharnock 6y agoAbsolutely. Here is a chart illustrating this [1] (and its source [2]). I've seen a better version of this somewhere, but it's all I could find quickly. My interpretation of the chart is that the IEA's predictions for solar power growth have been very consistently delusional. [1] http://guensberg.at/wp-content/uploads/2018/03/weo2017_pv_EN-1.jpg http://guensberg.at/wp-content/uploads/2018/03/weo2017_pv_EN... [2] http://guensberg.at/how-the-transformative-trend-in-energy-systems-is-systematically-underestimated-an-analysis-of-the-iea-world-energy-outlook-2017/#prettyPhoto http://guensberg.at/how-the-transformative-trend-in-energy-s...
- newyankee 6y agotheir predictions are a joke and a 5 year old can extrapolate better if given the charts