Saturday, May 16, 2015 10:34:24 PM
May 16, 2015 reve
The global transition to clean, renewable energy and away from nuclear and fossils is well under way, with remarkable developments happening every day. The Great Transition by Lester Brown, Janet Larsen, Matt Roney, and Emily Adams lays out a tremendous range of these developments – here are seven that may surprise you.
6. Transportation will move away from oil as electric vehicle fleets expand rapidly and bike- and car-sharing spreads.
Bike-sharing programs have sprung up worldwide in recent years. More than 800 cities in 56 countries now have fully operational bike-share programs, with over 1 million bikes. In the United States, by the end of 2012 some 21 cities had 8,500 bikes in bike-share racks. By the end of 2016, this is expected to climb to over 70 cities with close to 40,000 bikes.
The share of carless households increased in 84 out of 100 U.S. urban areas surveyed between 2006 and 2011. And as urbanization increases, this share will only rise.
Car fleets are plateauing or have begun to shrink in most major car markets, including the U.S., Europe and Japan.
Car-sharing programs are expanding rapidly. The Frost and Sullivan research group projects that the 3.5 million drivers enrolled in car-share programs worldwide in 2013 will soar to 26 million by 2020.
Bloomberg New Energy Finance projected worldwide electric car sales would hit 300,000 in 2014, and while this is less than 1 percent of total auto sales, the industry is “in the process of passing through the credibility barrier.”
Ultimately EVs and PHEVs will challenge the dominance of traditional gasoline- and diesel-powered vehicles, and this may happen sooner than most people realize.
The global financial services firm UBS projects that by 2020 battery costs will be slashed in half, making electric vehicles cost-competitive with traditional cars. With annual savings of up to $2,400 expected on fuel costs, the electric car becomes the obvious choice.
About 80 percent of the remaining oil reserves are held by national oil companies – not by private oil majors like ExxonMobil and BP, meaning that remaining access to oil will have geopolitical implications perhaps even beyond what we’ve seen to date.
http://www.evwind.es/2015/05/16/the-great-transition-to-renewable-energy-solar-power-and-wind-energy/52155
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