November 29, 2008

Around 75% of the projected increase in oil demand worldwide comes from the transport sector

In the fact sheet of the World Energy Outlook 2008 published by the International Energy Agency, I read this:
"Around three-quarters of the projected increase in oil demand worldwide comes from the transport sector – the sector least responsive, in the short term, to price changes. Despite continuing improvements in average vehicle fuel efficiency, the sheer growth of the car fleet – from an estimated 650 million in 2005 to about 1.4 billion by 2030 – is expected to continue to push up total oil use for transport purposes. There is not expected to be any major shift away from conventionally-fuelled vehicles before 2030, though the penetration of hybrid-electric cars is projected to rise, reducing oil demand growth."

I also read that "without a change in policy, the world is on a path for a rise in global temperature of up to 6°C."
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