April 29, 2024
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Posted by NCID

Ryan Kellogg, a Professor  at University of Chicago Harris School of Public Policy, visited the NCID to give as seminar entitled "The End of Oil".

His paper predicts that global demand for crude oil will fall to near zero by the end of this century, driven by a combination of improvements in clean energy technologies and the adoption of increasingly stringent climate policies. 

It analyzes what implications this decline in demand would have for global oil supply. One cause for concern is the well-known “green parado...