can houston become tuxedo park technology center energy venture capital conference december 1 2004 texas presented by matthew r simmons & company international the world is drifting towards an crisis demand growing at rates not seen since 1960s several key forms of are capacity hydro nuclear others face limits to significant growth coal emissions renewables too small make difference oil and natural gas have carry load carrying a heavy task iea latest models highlight urgent need for forecast assumptions conservative population assumed slow intensity lessens 6 billion people still use no modern 2030 1971 2002 2010 2020 increase millions boe day 48 5 73 8 86 101 9 115 57 17 44 0 54 3 69 82 88 has always equals supply theoretical desire never exceed that balance this model awesome opec middle east grows