The renewable revolution is advancing at remarkable speed. In fact, the speed of the renewable revolution has defied many leading energy commentators who have continuously underestimated its true trajectory. They have suffered from what statisticians call a systematic bias, that is, an error that consistently skews in one direction. Noise, or a random error, is inherent to forecasting; bias, however, requires a deeper explanation. So why do so many intelligent people undersell the pace and dynamism of the renewable revolution? … read more »
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