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
The passenger vehicle fleet doubles to almost 1.7 PLDV demand for oil is based on four factors, according to WEO 2011: the rate of expansion of the fleet; average fuel economy; average vehicle usage; and. billion in 2035. the extent of the displacement of oil by alternative fuels. trillion in subsidies over the projection period.
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