Emission Control: Electrification will kill the need for 5 million barrels of oil a day by 2030

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Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.

 

The International Energy Agency (IEA) says global sales of electric vehicles are set to surge to yet another record this year, expanding their share of the overall car market to close to one-fifth and leading the transformation of the auto industry that has implications for the energy sector, especially oil.

New findings of the IEA’s Global Electric Vehicle…

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