Insight
Transport in transition: the role of fuel efficiency
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Improvements in vehicle fuel efficiency are a key driver of oil demand destruction to 2030. Standards for light vehicles span multiple countries and regions, which together account for almost 75% of global gasoline sales. Light vehicle fuel efficiency improvements in Europe, the US, China, and India alone account for 2.4 million b/d of demand lost by 2030. However, our estimate of the impact of fuel efficiency improvements through time are risked since government policies and their enforcement are subject to change. In this report, we assess the impact from fuel efficiency on oil demand, including: • CAFE standards in the US – what is under review? • EU standards – how will the new targets impact demand? • China's CAFC standards – how does the new dual credit scheme affect implementation?
Table of contents
- For the Macro Oils Service H1 2018 long-term price outlook and full data set, please see here .
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
How China is reshaping Mexico’s automobile industry
Mexico likely to become the 5th largest vehicle producer
$1,250
Insight
Carbon offsets I. - The framework driving the net zero of tomorrow
Part 1 of Wood Mackenzie’s view on the role of carbon offsets in driving the net zero pledges of energy-intensive companies
$1,250
Insight
Powering Change: How electric two-wheelers will displace gasoline demand in SE Asia and India
Around 80% of South Asia’s vehicle stock consists of 2Ws, which have become the primary mode of transport.
$900
