2017 CO2 Financing Gasoline 
Green Car Congress
JUNE 2, 2022
Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Last ICE in 2038.
Green Car Congress
MAY 11, 2015
New financing. Joule also announced the closing of $40 million in private equity and venture debt financing, supporting the company’s growth towards commercialization. This will lead to the longer-term build-out of a 1,000-acre plant to begin in 2017.
Green Car Congress
NOVEMBER 13, 2011
In the 450 Scenario, oil demand falls between 2010 and 2035 as a result of strong policy action to limit carbon-dioxide (CO2) emissions; oil demand peaks before 2020 at just below 90 mb/d and declines to 78 mb/d by the end of the projection period, over 8 mb/d, or almost 10%, below 2010 levels.
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