Feb 21, 2018

Experts disagree on the pace of electric vehicle adoption

This chart from BP's big outlook yesterday provides a look at how their greatly increased projection of global EV adoption stacks up against some other major forecasts:

Reproduced from BP Energy Outlook 2018; Chart: Axios Visuals

Why it matters: The contrasting outlooks show how even experts in the field can differ significantly about how quickly the electrification of transport will unfold. The pace of EV adoption is among the factors that will dictate how quickly global oil demand eventually peaks and declines, which by turn affects global carbon emissions.

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Electric vehicles are coming, but no one is sure how fast

Data: Columbia Center on Global Energy Policy; Chart: Axios Visuals

A new study helps to show that experts are all over the map when it comes to gaming out the rise of electric vehicles in the global marketplace.

Why it matters: The speed at which EVs become truly mainstream is one variable affecting the future of oil demand and carbon emissions. Passenger cars account for roughly a fourth of world oil demand.

10 energy and climate issues to watch in 2020

Illustration: Sarah Grillo/Axios

From presidential politics to China to oil prices, here’s what I’m watching this year.

The big picture: A few key decisive moments this year will help determine whether concerns over climate change — rising since my last two annual outlook columns — will translate into action that would transform our global energy system.

Go deeperArrowJan 6, 2020

IEA forecasts rising global coal consumption until 2024

After briefly declining as the Paris Climate Agreement was finalized in 2015, global coal consumption is now poised to keep growing — albeit only slightly, according to a new International Energy Agency forecast.

Go deeperArrowDec 17, 2019