Atmospheric Integrated Research at University of California, Irvine

Davis in NPR article

Date: 
Tue, 03/27/2018

AirUCI faculty Steve Davis is quoted in an NPR article on their Science page that deals with unpredictability in energy supplies.  Fracking changed the game by increasing supplies and the 2008 recession hit world economies hard.  Since then it's been more difficult to accurately predict the supply and demand of oil and gas supplies, and renewable energy sources are not as predictable as we would like.
 
When predictions of energy availability are unreliable, it leads businesses to be more conservative.  "You're less inclined to take on big, irreversible investments on things like a gigantic power plant, and instead you may sort of hedge by holding tight with what you have," Davis explains. If "what you have" is an old, polluting power plant, that could be bad for the environment.
Read the article