On Tuesday, November 10, the International Energy Agency (IEA) released its annual World Energy Outlook.
Why is this important?
The report addresses both the economic impact of the steep decline in oil prices since the end of 2014 and outlines basic scenarios for production and demand from 2015 to 2040. This foresight exercise tries to factor in the possible impact of government regulation, in anticipation of COP21 talks in Paris. The report makes clear that under all possible scenarios, t...
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