World In Progress

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WIP (World In Progress) intends to show all the positive progress going on in the world. It includes progress in technology, medicin, climate etc and not personal uplifting news.

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themurphy

Acc. to Bloomberg, EVs are now reducing the world consumption of oil by 1.8 million barrels a day! (cleantechnica.com)

submitted 8 months ago by themurphy to c/worldinprogress

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And this is net emissions reductions, also taking into account the emissions from extra electricity generation.

Still a long way to go. The world still uses more oil each year, but new technology is certainly helping in lowering that curve.

I recommend to read the whole article for more information and what we can expect in the future.

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[–] Frozengyro 1 points 8 months ago (1 children)

Does it also take until account the production costs of EV vs ICE?

[–] themurphy 1 points 8 months ago

When you consider that EV lithium batteries are 99% renewable, my guess would be it's even better in the long run.