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
Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Providing the recharging infrastructure will require roughly an additional $50 billion. Major changes in liquids supply in the New Policies Scenario, 2010-2035. —WEO 2011.
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