By 2040, half of all cars will be hybrids or running on alternative fuels; energy demand will be flat for the developed world but will increase 60% for developing nations, and non-conventional oil sources will handily meet the demand of 110m barrels.
Notwithstanding the huge jump in marketshare by 2040, "90 percent of the world's transportation will still run on oil-based fuels", the Exxon Mobil report predicted. In fact, according to William Colton, Exxon's strategic planning chief, the hybrid vehicles will only maintain oil's dominance as a transportation fuel because "the cheapest hybrids will be those that also use gasoline."
Nonetheless, environmentalists were pleased with this aspect of Exxon-Mobil's energy prediction regarding the widespread adoption of hybrid vehicles.
Deron Lovaas, Federal Transportation Policy Director at the Natural Resources Defense Council, said: "It's evidence that what the Obama administration is doing with fuel economy is working".
The report did stir some controversy within the fossil fuel industry as it predicted that natural gas, due to the boom in hydraulic fracturing, would replace coal as the second most widespread fuel behind oil - which was contested by the coal industry.
FULL STORY: Exxon Mobil predicts surge in hybrid vehicles
Hooked on Russian Gas
The EU relies on Russia for 45% of its natural gas imports and 27% of its crude oil imports. Germany's dependency is a major reason why it won't ban these imports despite Russia's war in Ukraine. Two natural gas pipelines explain part of the problem.
European Union Takes Initial Step to Ban Russian Energy Imports
After a second day of talks in Brussels, ambassadors to the European Union agreed to ban coal imports from Russia as evidence of widescale atrocities committed by Russian troops in Ukraine surfaced after their withdrawal from the outskirts of Kyiv.
What Grade Would You Give Obama's Climate Action Plan?
Two very different grades are assigned, one from David Hawkins, Director of Climate Programs at NRDC; the other from a college senior working on a fossil fuel divestment campaign. Michael Brune of the Sierra Club differs with Hawkins on natural gas.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The Simple Legislative Tool Transforming Vacant Downtowns
In California, Michigan and Georgia, an easy win is bringing dollars — and delight — back to city centers.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
In More Metros Than You’d Think, Suburbs are Now More Expensive Than the City
If you're moving to the burbs to save on square footage, data shows you should think again.
The States Losing Rural Delivery Rooms at an Alarming Pace
In some states, as few as 9% of rural hospitals still deliver babies. As a result, rising pre-term births, no adequate pre-term care and "harrowing" close calls are a growing reality.
The Small South Asian Republic Going all in on EVs
Thanks to one simple policy change less than five years ago, 65% of new cars in this Himalayan country are now electric.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)