Word: btus
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Dates: during 1980-1989
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...energy forecasts of Data Resources, Inc., Otto Eckstein's Lexington, Mass., econometrics firm. However sophisticated the model or precise its electricity computations, the forecasts will prove no more accurate than the input assumptions someone feeds it. MR&A's forecast last year projected about 104 quadrillion British Thermal Units (BTUs) total energy demand by the end of the century--considerably more than the projected figures of the U.S. Department of Energy. The divergence represents differing perceptions of conservation's impact on future energy use and the U.S. economy's sustained growth rate. The varied assumptions of different forecasting groups speak...