ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales
Green Car Congress
DECEMBER 15, 2013
billion, as the world’s population grows and more people in developing economies are able to afford cars. China will see the largest increase—more than 4 million oil-equivalent barrels per day. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. Transportation fuels.
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