SUVs account for over 25% of the global oil demand & 20% of CO2 emissions: Report

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Old 30th May 2024, 17:11   #1

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SUVs relationship for implicit 25% of the planetary lipid request & 20% of CO2 emissions: Report


According to a caller study, the ever-growing popularity of SUVs has resulted successful them accounting for implicit a 4th of the yearly planetary lipid request portion besides adding 20% successful energy-related CO2 emissions.

 Report-suv.jpg

As per the International Energy Agency (IEA), sports inferior vehicles, which are known to beryllium heavier and little substance businesslike than smaller vehicles, accounted for 48% of planetary car income successful 2023 - up from 20.58% successful 2013. The IEA stated, "Over the people of 2022 and 2023, planetary lipid depletion straight related to SUVs roseate by a full of implicit 600,000 barrels per day, accounting for much than a 4th of the wide yearly maturation successful lipid demand."

Talking astir emissions, the study besides mentioned however the 360 cardinal SUVs astir the satellite resulted successful 1 cardinal tons of combustion-related CO2 emissions - an summation of 100 cardinal tons compared to 2022.

The IEA mentioned, "If SUVs were a country, they would beryllium the world’s fifth-largest emitter of CO2", down China, USA, India & Russia.

The study besides stated that penchant for SUVs is besides seen among electrical car sales. However, currently, lone a tiny 5% of SUVs connected the roads are electric. Globally, 45% of each electrical cars sold are SUVs, 55% successful precocious economies. However, they besides airs a situation owed to the accrued usage of captious minerals required successful their larger batteries.

Source: Bloomberg

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