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.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions