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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

Green Car Congress

NOVEMBER 22, 2012

Commonwealth countries can cut their cumulative oil bill by £2 trillion (US$3.2 Given that about half the Commonwealth’s and world’s oil is used in transport and oil accounts for about 95% of transport fuel use, this could spell economic disaster for the oil importing countries which make up the vast majority of the Commonwealth.

Fuel Economy

Fuel Economy Economy Oil Trinidad

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

NOVEMBER 29, 2009

July, 2008 : The Australian government published the Garnaut Report, a comprehensive study of the effects of climate change on the country’s economy ( earlier post ). In particular, Prentice seeks to shield Alberta’s emissions-intensive oil sands operations from the effects of emission reductions.

Climate

Climate Climate Change 2009 Emissions

EV Driven

Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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