In a February 2007 report, the United States Department of Energy made thirty-year predictions for the country's energy usage and production. As Statista's infographic below shows, using data from the non-profit international environmental pressure group Natural Resources Defense Council, these forecasts have so far been smashed.
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Martin Armstrong details that actual CO2 emissions in 2016 have undercut the 2006 predictions by 24 percent.
In terms of the energy mix, power generated from coal was 45 percent beneath the forecast while clean(er) alternatives natural gas and wind/solar power saw overshoots of 79 and 383 percent, respectively.
Renewable energy infrastructure is also expanding at a much faster rate than was thought ten years ago. 2006's prediction for installed solar was a massive 4,813 percent shy of the 2016 reality. The U.S now also has installed wind capacity of 82 gigawatts, 361 percent more than had been hoped for.
In fact, energy consumption in total was also 17 percent lower than expected… which is odd and perhaps a better indication of the recovery-less recovery's reality?