Crisis: an alternative to complacency
Conference
·
· Gas Res. Inst. Q. Analy. Rev.; (United States)
OSTI ID:7008541
Despite a prevailing skepticism of forecasting, decision making is necessarily a future-oriented process. Forecasting, because of this, affects the future. Earlier energy forecasts of a severe energy crisis led to global policy initiatives that have improved the world energy picture even though the predictions did not come true. A new consensus is emerging among energy forecasts which sees a continuation of current trends, with stable or diminishing energy prices coupled with secure supplies. Complacency based on these projections could lead to a future crisis if the decisions based upon these assumptions prove faulty.
- Research Organization:
- Gas Research Institute, Chicago, IL
- OSTI ID:
- 7008541
- Journal Information:
- Gas Res. Inst. Q. Analy. Rev.; (United States), Journal Name: Gas Res. Inst. Q. Analy. Rev.; (United States); ISSN GRIRE
- Country of Publication:
- United States
- Language:
- English
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