Monaco—
Since 1994, the Government has been encouraging the use of clean energy vehicles in the Principality, in particular by granting purchasing subsidies. The Government wished to adapt the scale of subsidies to take account of the increased availability of hybrid versions, as this had led to the granting of subsidies to vehicles that cause too much pollution. With this in mind, the State took note of incentive schemes in operation in neighbouring countries, especially in France. It also demonstrated a more proactive policy, modifying these policies to suit the needs of Monaco – a step that continues to favour electric technology.
In this new scheme, subsidies for electric vehicles are still 30% of the purchase price including all taxes, with a ceiling of 9,000 Euros. There is a ceiling of 3,000 Euros for two-wheeled vehicles.
Electric vehicles also benefit from specific advantages, such as free recharging at the 574 charging points in public car parks, and at the fast and semi-fast charging points on public roads: at the lower end of Rue Grimaldi, on Place des Moulins and at 24 Avenue de Fontvieille (in front of the Single Buoy Mooring building). They also have their own special identification, "VE" (for véhicule électrique - electric vehicle), which offers free on-street parking in Monaco and a free annual sticker.
Subsidy scheme for electric and hybrid vehicles / Soft mobility / The Environment / Policy & Practice / Portail du Gouvernement - Monaco
It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?
A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia
When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's
elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars,
hybrid vehicles,
electric cars or cars that run on
alternative fuels.
Will the World Ever Run Out of Oil?
.,,.,.,.,,,,,,,,,,,,,,,,,,,……………………………
It is expected that by the year 2035, demand will reach 110.3 million barrels a day.Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?
A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia
When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?
.,…………………..
Countries With The Largest Proven Oil Reserves
Rank Country Reserves (millions of barrels), 2017 US EIA
1 Venezuela 300,878
2 Saudi Arabia 266,455
3 Canada 169,709
4 Iran 158,400
5 Iraq 142,503
6 Kuwait 101,500
7 United Arab Emirates 97,800
8 Russia 80,000
9 Libya 48,363
10 United States 39,230
11 Nigeria 37,062
12 Kazakhstan 30,000
13 China 25,620
14 Qatar 25,244
15 Brazil 12,999
16 Algeria 12,200
17 Angola 8,273
18 Ecuador 8,273
19 Mexico 7,640
20 Azerbaijan 7,000
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TOTAL 1,609,149 million proven barrels
The World’s Largest Oil Reserves By Country
It is expected that by the year 2035, demand will reach 110.3 million barrels a day or 40,259 a year
1609149/40259 = 40+/- years left
* I don’t expect you to believe me, all I ask is that you check this out yourself—