this post was submitted on 07 Apr 2024
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Futurology

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[–] Lugh 6 points 1 year ago (1 children)

World oil demand still hasn't peaked. Almost 80% of the growth in demand is coming from China. However, it's leading the world in the transition to EVs. 35% of new car sales there are now EVs. We know "peak oil" will be soon, will it be 2024?

[–] hitmyspot@aussie.zone 8 points 1 year ago

Has peak oil already occurred in any country? Norway has quite a bit of electric cars already. Are they offering a glimpse of what’s to come? Or Iceland, whose heating is not generally oil based?