Under the carbon stabilization policy, by 2020, average U.S. wellhead prices are Average wellhead prices are forecasted to rise between 2005 and 2020 at a compound annual growth rate of 0.7% in the base case and 1.2% under the carbon stabilization policy. This is equivalent to a price in 2020 that is 10% higher than the base case. forecasted to be 10% higher than the base case. 2.00 1998$/MmB 1.50 1.00 0.50 0.00 2005 2010 Year 2015 2020 50-343 99-10 The results of the analysis of the energy sector follow.. GLOBAL WARMING: THE ECONOMIC COST OF EARLY ACTION |