The public has indeed become more open - minded about the risks of peak
oil, which
vary from the dire (mass starvation and
resource wars) to the blasé (markets bring forth new technologies that save the day).
However, in the spirit of Chairman Smith's request, this report analyzes the Clean Power Plan in the context of the AEO2015 High Economic Growth and High
Oil and Gas
Resource cases as well as the Reference case in order to examine indicators of the proposed rule's impacts on energy markets under
varying assumptions regarding economic growth, electricity demand, and fuel prices.