IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil
Green Car Congress
NOVEMBER 13, 2011
Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. Where the alternative fuel cannot be used directly in existing oil distribution networks and applications, it requires the build-up of a dedicated infrastructure. the extent of the displacement of oil by alternative fuels.
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