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Electric Cars and the S Curve - What Impact on Global Demand for Oil?

Geoff Riley

24th February 2016

A thought-provoking animated video here from Bloomberg News. There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. But what if electric cars experience the dramatic S curve increase in usage that we have seen from other general purpose technologies?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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