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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Forecasts Fuel Efficiency Fuels Market Background Oil' —Outlook.

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