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Recent technological developments and past technology transitions suggest that the world could be on the verge of a profound shift in transportation technology. The return of the electric car and its adoption, like that of the motor vehicle in place of horses in early 20th century, could cut oil consumption substantially in the coming decades. Our analysis suggests that oil as the main fuel for transportation could have a much shorter life span left than commonly assumed. In the fast adoption scenario, oil prices could converge to the level of coal prices, about $15 per barrel in 2015 prices by the early 2040s. In this possible future, oil could become the new coal.
Recent technological developments and past technology transitions suggest that the world could be on the verge of a profound shift in transportation technology.
Global energy is on the cusp of change, and it has become almost a truism that energy is in transition. But what does this notion mean exactly? This book explor
A groundbreaking book on solving our growing energy problems In this visionary book, leading energy industry executive Robert Hefner puts forth a convincing cas
A comprehensive political analysis of the rapid growth in renewable wind and solar power, mapping an energy transition through theory, case studies, and policy.
Against the backdrop of rapid advances in the energy sector, this book provides a concise overview of the complex challenges in the energy paradigm today, which
