Oil Prices, Parts and South Africa

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South Africa

Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

Green Car Congress

FEBRUARY 7, 2019

“I fully anticipate we’re going to keep a lot of pressure on that cobalt production,” Ted Miller, head of energy storage strategy and research at Ford, said at a mining event in South Africa. That would alter oil demand forecasts, but in complicated ways. The EV market is also rife with uncertainty.

Oil

Oil America Oil Prices South Africa

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

billion) and South Africa ($5.5 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Oil and renewables do not directly compete for power investment dollars. Investment in developing countries, at $131.3 billion, up just 3% on the year.

2014

2014 Renewable 2013 Wind

EV Driven

Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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