Wood Mackenzie predicts global oil growth will plateau approximately 2035 – earlier than some previous forecastsWorld petrol demand will peak within 13 years thanks to the impact of electric cars and more efficient engines,energy experts have predicted.
UK-based Wood Mackenzie said it expected the recall-up of electric vehicles to cut gasoline demand significantly, particularly beyond 2025 as the battery-powered cars recede mainstream.
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Source: guardian.co.uk