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Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oilprices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oilprices when accounting for economic benefits. Click to enlarge.
They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuelprice. They then estimated emissions based on fleet composition. This step was iterated with an estimation of demand changes.
Many a motorist will grumble today as they get to the pumps and notice a jump in the fuelprices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars. What do you think of the increase?
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