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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. The greater competitiveness of alternative fuels and the weaker economy in that scenario contribute to lower oil use overall.

Oil 259
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Other than the good news on oil consumption, very little was said in regards to transportation fuels. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008).

Financing 150