>“Oil’s share of total energy demand fell below 30% for the first time ever, 50 years after it peaked at 46%,” the IEA said.
>“Sales of electric cars rose by over 25% last year, with electric models accounting for one in five cars sold globally. This contributed considerably to the decline in oil demand for road transport, which offset a significant proportion of the rise in oil consumption for aviation and petrochemicals.”
Note that most oil is burned, where the vast majority of the energy is wasted as heat. Replacing this oil requires significantly less energy if used to power electric motors.
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>“Oil’s share of total energy demand fell below 30% for the first time ever, 50 years after it peaked at 46%,” the IEA said.
>“Sales of electric cars rose by over 25% last year, with electric models accounting for one in five cars sold globally. This contributed considerably to the decline in oil demand for road transport, which offset a significant proportion of the rise in oil consumption for aviation and petrochemicals.”
Note that most oil is burned, where the vast majority of the energy is wasted as heat. Replacing this oil requires significantly less energy if used to power electric motors.