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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

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. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035.

Oil 247
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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

The two-day conference, “Increasing the Momentum of Fossil-Fuel Subsidy Reform: Developments and Opportunities” brought together country delegates and experts from international organizations, NGOs, universities and the industrial sector.

Fuel 240
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo. And if you doubt that they will learn, check out my cover story about BYD in the new issue of FORTUNE, headed to subscribers and newsstands this week.

Chinese 28