January 2012

Trends and Resources

HP Impact: A radically different transport sector by 2050

The World Energy Council (WEC) expects that transport fuel demand in the next 40 years will come mainly from developing countries such as China and India, where demand will grow by 200% to 300%. In co..

Thinnes, Billy, Hydrocarbon Processing Staff

The World Energy Council (WEC) expects that transport fuel demand in the next 40 years will come mainly from developing countries such as China and India, where demand will grow by 200% to 300%. In contrast, the transport fuel demand for the developed countries will drop by up to 20%, mainly due to increased efficiencies. The demand of the developing countries is expected to surpass that of the developed countries by the year 2025. The report also says that oil may still fuel more than 80% of the global transport sector for the next 40 years due to strong demand growth from the heavy duty sector, shipping and air traffic. By 2050, WEC projects that global fuel demand in all transport modes

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