“Our projections about future energy use are developed using models, and the models are used to make policy. But if we don’t understand how these models work, then we have to believe what we’re told.

State and transition modeling is a class of methods that represent systems as a finite or countable set of discrete states and probabilistic or deterministic rules governing transitions among them ...

Those that recognise this shift early may find both risks and opportunities emerging well before markets fully price the ...