Remove Economy Remove Gasoline-Electric Remove Personal Remove Supplies
article thumbnail

EPA annual report on CO2, fuel economy and technology trends finds 2012 heading for all-time best; rapid adoption of new technologies

Green Car Congress

Adjusted CO 2 emissions and adjusted fuel economy, MY 1975-2011. The report finds that CO 2 emissions rates and fuel economy values reflect a very favorable multi-year trend beginning in MY 2005. The fleet-wide average real world MY 2011 personal vehicle CO 2 emissions value is 398 g/mi and average fuel economy is 22.4

article thumbnail

ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

Green Car Congress

Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Sources for fuel economy gains in light-duty vehicles. Click to enlarge. Source: ExxonMobil Outlook. Click to enlarge.

Gasoline 383
article thumbnail

EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

Green Car Congress

This long-term trend of Asian energy consumption to support growing economies strongly influences the extraction, refining, and transport of oil, natural gas, and other fuels. OECD electric light-duty vehicle stocks increase from 3.5 End-use consumption is increasingly shifting toward electricity.

Asia 220
article thumbnail

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

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply.

Energy 252
article thumbnail

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

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. As a result, annual increases in vehicle miles traveled (VMT) in LDVs average 0.9% from 2012 to 2040, compared to 1.2% per year, from 21.5

Oil 290
article thumbnail

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. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers.

2014 150
article thumbnail

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60