Turning point
The International Energy Agency (IEA) expects that global demand for fossil energy will decline from 2030. This is partly due to the rapidly growing share of (partly) electric cars in the global vehicle fleet.
Major steps will be taken towards 2030 in replacing fossil fuels. Energy agency IEA estimates that from that year onwards the demand for fossil fuels will decrease worldwide. The IEA predicts that more and more partially and fully electric cars will be on the road and that by 2030 there will be about ten times as many as now. It is expected that 18 percent of all new cars sold worldwide will be plug-in cars. According to current expectations, electric cars will save five million barrels of oil per day by 2030. In addition, the Chinese economy is growing more slowly and switching to cleaner energy. As a result, demand decreases and fewer investments in fossil fuels are required. The agency’s report is in stark contrast to OPEC’s view. The oil cartel expects that demand for oil will increase long after 2030 and is calling for trillions in investments in the oil sector. But the IEA thinks demand for oil, natural gas and coal will peak this decade. This prediction is based on current government policy. “The transition to clean energy is happening worldwide and is unstoppable. It’s not a matter of if it happens, it’s just a matter of how quickly it happens. And the sooner, the better for all of us,” says IEA director Fatih Birol.
– Thanks for information from Autoweek.nl