at a global level coal has never declined in absolute terms?

greater share of the market is not really substitution in my book but expansion or addition on top

Boris
London

My thoughts exactly. The model just doesn't work.

I didn't expect too much when I read the model was based on picking flowers!

there is some sort of infinite reserve assumption.. even if it requires a new resource?

Boris
London

That is a point that Marchetti makes and addresses in (at least) the original paper. He considers what the total amount of each primary energy source is assuming that the total world consumption grows at the historical trend of 2% per year, and compares the result to estimates of reserves. The papers linked by Luis are well worth reading, and they provide lots of food for thought and maybe controversial statements that can seed useful discussions.

_Can the last politician to go out the revolving door please turn the lights off?_