Let’s start with the bad news. The Department of Energy’s (DOE) Energy Information Administration (EIA) has… pushed… the publication of their International Energy Outlook (IEO) to… October! What will I do? (Oh, yeah–get back to analyzing their report on U.S. energy…)
The good news is a bit more important. The DOE EIA has forecast global GDP through 2040. They say it will rise from 2014’s total GDP of $80 million to a whopping $200 million by 2040. I hope I get a piece of it.
If true, that would mean that the part of Asia that is not part of the OECD, which will see its GDP quadruple from $23 to $85 trillion, may well have enough wealth to spend on environmental safeguards. With a little left over for some toys…
