The International Energy Agency says electric vehicles and biofuels for transportation are permanently slowing the growth of demand for oil. “In particular, the use of oil for transport fuels is set to go into decline after 2026 as the expansion of electric vehicles, the growth of biofuels and improving fuel economy reduce consumption.”
Tag: EVs
Monday Links
Not a joke: Greta Thunberg wants a wind farm dismantled to protect reindeer. AOC wants the U. S. to consider nuclear.
New study says geographical range of malarial mosquitoes is growing . . . but, says James Taylor, malaria’s range is down and so are deaths.
Turmoil in Alaska:
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- The Biden administration is trying to compromise on the Willow oil drilling project planned by Conoco, which has a strong legal case against additional restrictions.
- Senator Manchin reveals an Interior Dept. effort to prevent oil and gas leasing in Cook Inlet, contrary to requirements of “Inflation Reduction” Act. . . .
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Biden Administration Blocks Another Mine—for 20 Years
Biden’s Interior Department is preventing mining near the Boundary Waters Canoe Area Wilderness. The Wall Street Journal editorialized on this subject on January 30 (behind a paywall), saying “The Biden Administration is heavily subsidizing electric vehicles, but at the same time it is blocking mineral projects needed to produce them. Another example of this head-scratching contradiction…