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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

While oil will remain the most widely used fuel, overall energy demand will be reshaped by a continued shift toward less-carbon-intensive energy source as well as steep improvements in energy efficiency in areas such as transportation, where the expanded use of advanced and hybrid vehicles will help push average new-car fuel economy to 48 mpg (4.9

Personal 408
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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

Green Car Congress

Natural gas overtakes coal as the largest fuel for US electricity generation. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. In 2040, natural gas accounts for 35% of total electricity generation, while coal accounts for 32%. per year, from 21.5 l/100 km) in 2012 to 37.2

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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

As a result, the average efficiency of the world’s vehicle fleet is projected to reach about 46 mpg (about 5.1 liters per 100 km) compared to 24 mpg (9.8 Natural gas is projected to account for more than one quarter of all global energy needs by 2040 and it is expected to overtake coal as the largest source of electricity.

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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

mpg by 2016. These companies have sunk costs invested in coal, gas and oil plants and are content in maximizing the return on these investments. Two are geographically constrained (hydro and geothermal), placing wind and solar as the front running mass renewable energy choices.

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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

Wind, solar and biofuels are expected to be the fastest-growing energy sources, increasing about 6% a year on average through 2040, when they will be approaching 4% of global energy demand. By 2040, natural gas is expected to account for more than a quarter of global energy use, surpassing coal in the overall mix. Fuel efficiency.

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.)

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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

Nuclear and renewable energy sources—including bio-energy, hydro, geothermal, wind, and solar—are also likely to account for nearly 40% of the growth in global energy demand by 2040. The share of the world’s electricity generated by coal is expected to fall to about 30% in 2040 from approximately 40% in 2014.

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