1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA
Baua Electric
MARCH 2, 2024
Their emissions dropped to a 50-year low while coal demand fell back to levels not seen since the early 1900s. It was a combination of strong renewables deployment, coal-to-gas switching, energy efficiency improvements, and softer industrial production that drove the decline in advanced economies’ emissions, reports the IEA.
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