Peak oil will arrive earlier than we thought thanks to the merging of these two trends
2036
The merging of two trends—autonomous cars and electric cars—will revolutionize the way we move in the coming decades—and contribute to a dramatic reduction of our demand for oil.
Published | Photo by Reuters
Wood Mackenzie, an influential oil consultancy, thinks that autonomous electric vehicles could become fully popularized by 2035.
Since vehicles account for the largest share of global oil demand, our need of oil could peak around that time.
Oil consumption by sector in 2015
Wood Mackenzie predicts that global oil demand could reach its maximum in 2036, earlier than the predictions of major oil firms.
