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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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Cherif, Reda (Author), Hasanov, Fuad (Author), Pande, Aditya (Author)
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, [2017]
Series:IMF working paper ; WP/17/120.
Subjects:
Online Access:Texto completo
Description
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
Physical Description:1 online resource (43)
ISBN:1484301315
9781484301319
1484301129
9781484301128
ISSN:1018-5941 ;