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Oil demand is under increasing threat from electric cars and cleaner fuelsElectric vehicles and more efficient fuel technology will cut transportation demand for oil by 2040 more than previously expected, but the world may still face a supply crunch without enough investment in new production, the International Energy Agency (IEA) said on Tuesday. Oil demand is not expected to peak before 2040, the Paris-based IEA said in its 2018 World Energy Outlook.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Gas to overtake coal as energy source by 2030: IEAGlobal gas demand would increase by 1.6 percent a year to 2040 and would be 45 percent higher by then than today. Finally, it’s about time I use gas at my home, very cheap , buy once it lasts you the whole year. Reduces electricity.
Source: eNCA - 🏆 49. / 51 Read more »
Gas to overtake coal as energy source by 2030: IEAGlobal gas demand would increase by 1.6 percent a year to 2040 and would be 45 percent higher by then than today. ...so no more fires in the settlements....just explosions?
Source: eNCA - 🏆 49. / 51 Read more »