111 comments on Implications of the Ayres Warr Model of Economic Production: An Introduction
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111 comments on Implications of the Ayres Warr Model of Economic Production: An Introduction
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The MIT article you linked makes no mention of the possible dramatic overestimation of global FF reserves. A more convincing analysis of GW would address this likelihood.
Whether they are aware some think they may be overstated or not, I don't know. I do know it could not possibly be less relevant.
The above quote means that even if we only have between 1/2 and 1/3 of the FFs generally thought to exist, we still can't burn them all.
There are so many holes in this line of thinking about FFs and climate it's tiresome to have to repeat them to so many posters.
By the way, calling it a likelihood there are far fewer FFs than generally stated because a couple studies posited the thought is a stretch, and certainly not a scientific statement. Given there is far less certainty surrounding coal reserves than oil reserves, and there are large arguments about oil reserves, I'd think you'd be more careful about declaring their "likely" amounts.
Cheers
Thought lately about coal?