ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales
Green Car Congress
DECEMBER 15, 2013
China will see the largest increase—more than 4 million oil-equivalent barrels per day. By 2040, the share of natural gas will likely rise to 5%, with growth driven by Asia Pacific and North America. 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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