Marina Schwarz + 1,576 January 22, 2018 Oil demand to peak by 2030 due to EV adoption, says BofA. These forecasts are getting increasingly confusing. Just the other day a Mazda engineer I think it was who said with enough progress on ICE efficiency, EVs could become obsolete before they become mainstream. Quote Share this post Link to post Share on other sites
Seleskya + 50 AS January 22, 2018 So it's no longer 'peak oil', but 'peak oil demand'? Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 22, 2018 Indeed, the IEA is definitely not bullish on demand... Quote Share this post Link to post Share on other sites
Vlad Kovalenko + 115 VK January 22, 2018 I think their forecast might happen, maybe not soon as they say but still faster than we think. Quote Share this post Link to post Share on other sites
Adam Varga + 123 AV January 22, 2018 Well I personally don't trust to these bank forecasts. Too risky for me to bet on. Quote Share this post Link to post Share on other sites
Rodent + 1,424 January 22, 2018 Well 12 years seems a bit aggressive, but who knows. Seems too ambitious. I think it's going to take a while for EVs to shake out. Quote Share this post Link to post Share on other sites
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