Riding the energy transition : oil beyond 2040 /
Recent technological developments and past technology transitions suggest that the world could be on the verge of a profound shift in transportation technology. The return of the electric car and its adoption, like that of the motor vehicle in place of horses in early 20th century, could cut oil con...
Call Number: | Libro Electrónico |
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Main Authors: | , , |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
[Washington, D.C.] :
International Monetary Fund,
[2017]
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Series: | IMF working paper ;
WP/17/120. |
Subjects: | |
Online Access: | Texto completo |
Summary: | Recent technological developments and past technology transitions suggest that the world could be on the verge of a profound shift in transportation technology. The return of the electric car and its adoption, like that of the motor vehicle in place of horses in early 20th century, could cut oil consumption substantially in the coming decades. Our analysis suggests that oil as the main fuel for transportation could have a much shorter life span left than commonly assumed. In the fast adoption scenario, oil prices could converge to the level of coal prices, about |
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Physical Description: | 1 online resource (43) |
ISBN: | 1484301315 9781484301319 1484301129 9781484301128 |
ISSN: | 1018-5941 ; |