Peak Oil Demand, EVs, & the Future of Oil: A Cleantech Perspective (cleantechnica.com)
The good news: oil demand is cooling. The bad news: it’s not yet done growing. One can’t really claim oil demand is “falling” (yet), but growth has slowed down to its lowest level in over a decade, with 2024 being a pivotal year. Let’s look at the realities of oil demand and its future from a cleantech perspective!