Nov 01, 2016

The energy-population conundrum and its possible solution – SciFeeds

Abstract: Oil prices above $100/barrel values have proven unaffordable for the world economy, while lower prices have proven unaffordable for unconventional oil sources, resulting in a frantic price swing since 2007-2008. We identify and combine for the first time the competing dynamics of oil price, economic growth and extraction costs in a single model aiming to evaluate the near-term...

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