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Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

In their a paper published in the ACS journal Environmental Science & Technology , Dr. Adam Brandt and his colleagues used historical relationships to project future demand for (a) transport services; (b) all liquid fuels; and (c) substitution with alternative energy carriers, including electricity. —Brandt et al.

Oil 207
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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

oil shale), and refinery gain. World markets for petroleum and other liquid fuels have entered a period of dynamic change in both supply and demand, the EIA noted, leading to its reassessment of its outlook for long-term global liquid fuels markets in IEO2014. Non-OPEC crude and lease condensate production increases by 10 MMbbl/d.

Asia 341