IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil
Green Car Congress
NOVEMBER 13, 2011
Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035. Click to enlarge. —WEO 2011.
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