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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

Vehicle penetration 2000 to 2040. China will see the largest increase—more than 4 million oil-equivalent barrels per day. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. In 2010, about 75% of the world’s vehicles were in OECD countries. Source: ExxonMobil. Natural gas.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

GM killed that car because of back room deals with oil companies, and now they expect us to believe that they are just so cutting edge now? GM killed that car because of back room deals with oil companies" GM "killed" that experiment because it wasnt even CLOSE to being cost effective. It is 12 years later. GM would only lease them.

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