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168 comments on $100 a barrel: Going, Going....
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168 comments on $100 a barrel: Going, Going....
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Interesting work.
Is it possible to share the actual figures on the assumptions you have made, especially the rate of renewables substitution?
The substitution rate is not as simple as a fixed dependancy on oil price. Unfortunately it also has a significant time lag. I have tried to model this time lag.
In terms of real numbers I have a total (renewables plus substitutes) of 6.3 Mbpd by 2020.
Thanks for the reply.
I understand that you are in a somewhat delicate position being employed within the industry, but I wonder if it would be possible to post the spreadsheet showing all figures and assumptions?
Anonymity would still cast it's kindly cloak!
Anyway, many thanks for what you have so far shared and the valuable insights it gives.