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Obviously the world should cut back its reliance on fossil fuels and accelerate its transition to renewable types of energy. Who would not agree? Is it essential to ask? Quickly it might develop into clear that scientists had been too cautious in regards to the pace and magnitude of world heating and its consequences. Abbreviations: CGE, computable common equilibrium; IAM, built-in assessment model; ME, macroeconometric model; ES, energy system; AEEI, autonomous vitality effectivity enchancment; LBD, studying-by-doing; PI, worth-induced; R&D, analysis and improvement; PIEEI, value induced energy efficiency improvements; DTC, directed technical change.