SUVs account for a quarter of all new demand for oil, 20% of the increase in emissions

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The love for ever-larger cars accounted for more than a quarter of the annual global demand growth for oil and 20% of the added energy-related CO2 emissions, according to the International Energy Agency.

Sports utility vehicles — heavier, less fuel-efficient and needier of critical minerals than smaller cars — accounted for a record 48% of global car sales in 2023, up from 41.4% in 2020 and 20.58% in 2013, according to the data in the IEA’s report.

Besides securing continued demand for fossil fuels, the more than 360 million SUVs on the world’s roads last year resulted in combustion-related CO2 emissions of 1 billion tons, up by about 100 million tons from 2022.

 

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines