28 Dec '15, 2pm

OPEC Says Electric Cars Will Remain Irrelevant Through 2040

Stephen Edelstein 108 views Dec 28, 2015 2016 Nissan Leaf Enlarge Photo Increased electric-car adoption could dramatically decrease global demand for fossil fuels, but the Organization of the Petroleum Exporting Countries--better known as OPEC--isn't too worried about that. OPEC recently issued its annual World Oil Outlook report and, not surprisingly, it's very optimistic about the future use of fossil fuels in transportation. The organization dismisses electric cars as irrelevant, and claims they will remain so for decades. DON'T MISS: Every New Car Emission-Free By 2050? 'ZEV Alliance' Plans To Make It So The OPEC report claims that by 2040, 94 percent of vehicles on the world's roads will still be powered by fossil fuels. Battery-electric cars will account for just 1 percent of global vehicle sales, it claims, or perhaps 1 million a year at current sales rates. OPEC fo...

Full article: http://www.greencarreports.com/news/1101592_opec-says-ele...

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When Will It All Stop?!

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via @CleanTechnica

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