Remove Cheap Remove International Remove Oil Prices Remove Resource
article thumbnail

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

Each of these sources of domestic demand is increasing, propelled by rising populations, growing incomes and subsidized end-user prices that, despite a recent adjustment, remain among the lowest in the world. Internationally, Saudi Arabia also faces conflicting priorities for its crude oil. This could play out in a number of ways.

article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Material Resource Scarcity: As developing countries industrialize rapidly, global demand for material resources is predicted to increase significantly. billion by 2032.

article thumbnail

Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

Speaking on the eve of the Geneva International Motor Show, Prof. Because they make driving safer and more comfortable, because they conserve resources and protect the environment, and because they bring together the mobile and the digital worlds. Oil will not be as cheap as it is at the moment for ever.

2014 150
article thumbnail

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

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal.

Oil 247
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. In the future, utilities will pay you to plug-in your vehicle. Carlos 12:43 AM walt the memecaster said.

Grid 28