Breakthrough Blog
 
The Futility of Forecasting

Share

Michael Levi of the Council on Foreign Relation was hard pressed to find a trend amongst 36 studies projecting the share of renewable energy in 2010. "[T]hat's because there pretty much isn't one." See for yourself in the graph below.

wbfigure53.jpg

Levi's not the only one to notice the terrible track record of forecasting. As Vaclav Smil wrote in his book, Energy at the Crossroads:

"[F]or more than 100 years long-term forecasts of energy affairs - no matter if they were concerned with specific inventions and subsequent commercial diffusion of new conversion techniques or if they tried to chart broad sectoral, national, or global consumption trends - have, save for a few proverbial exceptions confirming the rule, a manifest record of failure." (121)

   Like what you see? Subscribe to our RSS feed here...


Share


TrackBacks (0) 0 COMMENTS:

Post a comment




Remember Me?

(you may use basic HTML tags for style)
Use the <br> tag for line breaks (returns).

HTML is allowed, but in an effort to prevent SPAM if your entry contains URL's it will be held briefly for moderation.

Please email comments@thebreakthrough.org if you're experiencing problems when trying to comment.

Breakthrough Blog
RSS Subscribe to RSS Feed

twitter Follow the BTI on Twitter

twitter Join the BTI on Facebook

donate to Breakthrough

Recent Breakthrough Blog Posts

Jenkins to the Senate: How the Government Can Drive Clean Energy Innovation

While Japan turns away from nuclear power, South Korea sticks to its path

Where the Shale Gas Revolution Came From

Interview with Alex Crawley, Former Program Director for the Energy Research and Development Administration

National Journal Highlights "Beyond Boom and Bust" in Weekly Forum

Archives
Categories
Contributors

Blog advertisement
Nau Clothing
 
 
Privacy : Contact