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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural gas, are expected to help reduce by half the carbon intensity of the global economy. Natural gas remains challenged as a fuel for most personal vehicles. Global vehicle fuel efficiency - projections.

2014 150
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. This is, however, less than the 13% share projected in AEO2013 because of the lower prices of competing fuels in AEO2014. per year, from 21.5

Oil 290
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. Transportation fuels.

Oil-Sands 309
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

ExxonMobil’s Outlook for Energy projects that carbon-based fuels will continue to meet about three quarters of global energy needs through 2040—a finding consistent with many projections, including those made by the International Energy Agency. Half of that increase will come from the Asia Pacific region, led by China.

Energy 252
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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

Coal still supplies more power in the US than anything else, with natural gas next. However, building more coal and gas power plants to make miles for transport is counter-productive if the game plan is to reduce carbon output. Average fuel efficiency in the US is 22 miles per gallon (mpg). New cars in 2015 get 25 mpg.)

Solar 150
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

percent of energy consumption to come from non fossil fuels [ earlier post ]. Closer to home, the federal fuel economy standards require the average fleet fuel economy of OEMs that sell vehicles in the USA to be 35.5 mpg by 2016. In contrast, China’s 12 th five-year plan, March 5, 2011, requires 11.4

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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

Light duty vehicle fleet by type and average fuel efficiency. Additionally, to achieve proposed fuel-economy targets, personal vehicles will need to be smaller and lighter than they are today. Vehicle downsizing could account for more than one-third of total projected fuel economy improvements through 2040. Click to enlarge.

Personal 408