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. The Current Policies Scenario assumes no new policies are added to those in place as of mid-2011, and is used as a basis for comparison with the New POlicies Scenario. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.
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