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EV sales growth points to oil demand peaking by 2030 − so why is the oil industry doubling down on production?

  • Written by Robert Brecha, Professor of Sustainability, University of Dayton
EV sales growth points to oil demand peaking by 2030 − so why is the oil industry doubling down on production?Tesla brought EVs into the mainstream.Patrick Pleul/picture alliance via Getty Images

Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil industry is doubling down on production...

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