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. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency.
247 
Let's personalize your content