Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Transport

OPEC Member Survey: Fewer Than 1 In Every 16 Vehicles In 2040 Will Be Powered By Anything Other Than Gas Or Diesel

Some of us have been speculating that some OPEC members are beginning to brace themselves for the eventual end of oil, but it appears that most members don’t actually believe that “alternative” transportation modalities are going to become common anytime in the next 24 years, going by a recent member survey. Or, at least, they won’t admit it.

The survey found that OPEC members “believe that fewer than 1 in 16 vehicles will be powered by anything other than gas or diesel in 2040,” apparently.

For that to actually be the case, it should be realized, there would have to be only very, very limited growth in electric vehicle (EV) sales over the next quarter century or so — Tesla alone could probably invalidate that supposition, but when the efforts of companies like Apple, Google, GM, Nissan, BMW, Volkswagen, etc., are factored in, it seems downright ridiculous.

Autoblog notes that, “working against OPEC’s study is the fact that sales of US plug-in vehicles through July were up about 7% from a year earlier, although volume of about 61,000 units is modest compared to the total global car market. Those numbers are likely to continue to advance throughout the next year or so as all-electric models like the Tesla Model 3 and Chevrolet Bolt EV hit the market. Despite the confidence expressed in the study, some members of OPEC may be blinking. Saudi Arabia is preparing a $2-trillion investment fund dedicated to funding industries that have nothing to do with petroleum.”

Note that all plug-in car sales are up 22% in the US through August (still 7% for pure electrics), and that plug-in car sales are absolutely booming — up 188% — in China in July, where the technology just keeps getting a bigger and bigger boost from the government. Furthermore, some countries — the NetherlandsNorway, Austria, and India, for example — are considering bans on gasoline & diesel cars.

Personally, what I really want to know is what OPEC members are saying privately, not publicly. Are they complacent? Are some of them getting uneasy? Panicking? Or are they all just focused on “living the good life?”

Related:

30 Reasons Your Next Car Should Be Electric

Honestly, What Can Automakers Do About Tesla Model 3 & Model Y?

50 Tips For Slowing The Electric Car Revolution

What Goes On In The Minds Of Auto Execs? (& Their Spreadsheets)

Volkswagen’s Tremendous Transformation To Electric Vehicles — Some Context & Commentary

If Tesla Model 3 Delivers, “Gas Vehicles Are History,” Gasoline & Automotive Services Dealers Of America Exec Says

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

You May Also Like

Fossil Fuels

Middle Eastern oil producers are worried that more people will buy EVs in light of the high oil prices. Iraq’s oil minister, Ihsan Abdul...

Clean Transport

Originally posted on EVANNEX. By Charles Morris The transition to electric vehicles and renewable energy is already creating winners and losers. We write about the winners...

Fossil Fuels

OPEC is beginning to see the writing on the wall. Demand for oil is declining and may never recover. That's good news for the...

Fossil Fuels

The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.