Quote:
Originally Posted by Tinordi
To get a sense of the quality of that report take a look at Table 1. They apparently can't get the basic arithmetic straight let alone be making future revenue forecasts and costs per tonne.
Look at the 450 ppm scenario. World growth from 2014 to 2040 is 91%?
Oil demand 2014: 90.6
Oil demand 2040: 74.1
Growth stated in report: 91%
Actual growth: -19%
I mean, this is basic stuff. I wouldn't trust any of the top-line numbers in this report at all.
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I don't exactly understand the chart myself but I'm pretty sure your analysis of it is wrong. None of the four scenario world total numbers add up the way you want them to. I suspect the final % growth number is relative to today's output. But I'm pretty sure all four numbers are not miscalculated by that much and that simply.