1. Energy

   Oil: in July 2008 the US EIA expected a price of $132.75 for 2009; the outcome was $61.95

   Next-year forecasts of 24 releases (2001–2024): the outcome above the forecast 13 times, below 11; typical error +1.42 $ a barrel. The largest under-forecast in July 2007: $66.92 expected for 2008, the outcome was $99.67.

   Source: US EIA, Annual Energy Outlook RetrospectiveOpen on the chart →

More findings

• United States: wind and sun have overtaken coal
• Germany: wind and sun have overtaken coal
• China generates more electricity than the US, the EU and India combined
• Ethiopia: all its electricity is made without coal, gas or oil, but there is 18 times less of it per person than in a typical country
• United Kingdom: coal is almost gone; wind and sun make 36% of the power
• The IEA in 2010: 110 GW of solar panels worldwide by 2020. The outcome: 721 GW

All findings →