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I wonder if they are still underestimating renewables like they have done consistently in the past - https://climatenexus.org/climate-change-news/iea-historica

by stuaxo 4y ago

I wonder if they are still underestimating renewables like they have done consistently in the past - https://climatenexus.org/climate-change-news/iea-historically-underestimates-renewables-overestimates-fossils/ https://climatenexus.org/climate-change-news/iea-historicall... ^ There are versions of this article that come out every year or two.

rcMgD2BwE72F 4y ago
They're now underestimating EVs. Hence oil consumption that will continue to grow til mid 30's.
RandomWorker 4y ago
We are really bad at understanding exponential growth. Look at Texas for example solar is taking off there: https://en.m.wikipedia.org/wiki/Solar_power_in_Texas https://en.m.wikipedia.org/wiki/Solar_power_in_Texas Growth is basically exponential because once payback times hit a certain threshold people start buying. A friend of mine is making 10/12k in sales commissions every month going door to door selling solar. This is a very lucrative business.
pfdietz 4y ago
IEA is required to get a certain amount of its budget from data and publication sales. Not only does this make that data unavailable to the public due to price, it provides perverse incentives to slant the data to make it more saleable to those willing to pay the high price. They are catering to customers who want to use IEA products to slant discussions.