Not exact matches
If the planet is to avert the worst
scenarios for climate change, the
optimistic long - run forecasts for oil demand
growth put forward by energy giants such as Exxon can be thrown out the window.
In a more
optimistic scenario of 5 % compound annual NOPAT
growth over the next decade, the stock is worth $ 100 / share today — a 54 % upside.
A modelling exercise for the Resolution Foundation by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK
growth of 2.5 per cent from 2015 - 2020 — an
optimistic scenario — and no further cuts in public spending, living standards will fall for low and middle income households by between 3 and 15 per cent (Brewer et al., 2012).
The document outlines a 10 - year plan for US nuclear fusion research for various budget
scenarios, the most
optimistic of which calls for «modest
growth».
The
optimistic energy
scenario is a continuation of the accelerating rate of energy use that has occurred over the last few decades, and exceeds the projected energy supply of any published account, yet even this amount of energy fails to bring global
growth rates to zero.
To summarize, most of these economic analyses agree that a carbon pricing policy will reduce U.S. GDP -
growth by less than 1 % over the next 10 — 40 years as compared to an unrealistically
optimistic BAU
scenario in which climate change does not impact the economy.
As one would expect, those who benefit financially from keeping things closer to how they are right now (i.e. BP and ExxonMobil) created
scenarios that projected much more limited renewable energy
growth, while environmental organizations (i.e. Greenpeace and WWF) created
scenarios that projected much more
optimistic renewable energy
growth.
In the United States, oil and natural gas will supply 68 percent of energy needs by 2040, even under the most
optimistic scenarios for renewable energy
growth.
If some policy maker (who could well be a British treasury official) thinks that the Business as Usual
scenario is too pessimistic (read, too
optimistic regarding developing world economic
growth), he or she is free to choose one of the lower emission
scenarios, of which there are many.
But the real story portrays a complete different
scenario with the government being highly
optimistic about the
growth of local Bitcoin industry.