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
A growing share of output comes from natural gas liquids (more than 18 mb/d in 2035) and unconventional sources (10 mb/d, largely from Canada and Venezuela). Delaying action is a false economy, the report finds: for every $1 of investment in cleaner technology that is avoided in the power sector before 2020, an additional $4.30
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