Remove Gasoline Remove Libya Remove Oil Remove Wind
article thumbnail

IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines. Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6

Oil 210
article thumbnail

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

Coal 261
article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Electric vehicles typically have a smaller operating carbon footprint than gasoline cars, even when accounting for the electricity used for charging. 40% of our energy comes from renewable sources, such as hydro, geothermal and wind. Battery metals vs. oil as a source of tension and instability.

article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Electric vehicles typically have a smaller carbon footprint than gasoline cars, even when accounting for the electricity used for charging. 40% of our energy comes from renewable sources, such as hydro, geothermal and wind. Battery metals vs. oil as a source of tension and instability. What about other battery components?