IEA: Transportation must reduce dependence on oil

09/24/2012
As oil currently powers 92% of the world's transportation and with growth in transportation demand rising in developing countries, the International Energy Agency released two reports to show how the right policies and technologies could improve the fuel efficiency of road vehicles. Unless action is taken now, the agency said, oil demand in transportation will reach unsustainable levels because conventional combustion engine vehicles are set to be around for a long time. The reports, "Technology Roadmap: Fuel Economy for Road Vehicles" and "Policy Pathway: Improving the Fuel Economy of Road Vehicles," describe the technologies needed and the policy packages that can he...
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