BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency
Green Car Congress
JANUARY 25, 2017
per year, quadrupling over the Outlook, driven by increasing competitiveness of both solar and wind. The Energy Outlook speculates that the abundance of oil may cause low-cost producers, such as Middle East OPEC, Russia and the US, to use their competitive advantage to increase their market share at the expense of higher-cost producers.
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