Fuels are at the heart of the sustainability initiative. In 2015, the world consumed:
Under the best case scenario, petroleum consumption could decrease by over 60% by adopting electric cars but the fact remains that low-carbon fuels would be needed to produce additional electricity to satisfy the increased power demand for electric vehicles. All projections point to fossil fuels playing a major role (about 75% of the energy mix) through 2035 and beyond. Developing low-carbon fuels that would help reduce carbon footprint is the ideal solution. |