Posted by Big Gav in oil demand
Cleantechnica has a post on some research into future oil demand for transport - Global Gasoline Guzzling Set To Plummet.
Policies designed to minimise and redefine dependence upon oil for transportation have been the talk of many towns around the world over the past several years, leading Navigant Research to posit that gasoline consumption for road transportation will fall by 4% from 2014 to 2035.
Policies intended to reduce fuel consumption have ranged from subsidising alternative fuels and alternative-fuel vehicles, making the development of new and economic biofuels a priority, as well as higher fuel-economy requirements for new vehicles. Each policy has been one step in a cleaner future, and another nail in the coffin of traditional fuel-oriented transportation.
“The anticipated effects of climate change are driving international cooperation on mitigation efforts, including reducing oil consumption in the transportation sector,” says Scott Shepard, research analyst with Navigant Research. “Markets for both vehicles and fuels have gradually begun to respond to these efforts, and alternative fuels ‑ including electricity, natural gas, and biodiesel ‑ are beginning to have an impact on global oil demand.”