The vehicles we drive
A wide range of technologies are promising increasingly cost efficient reductions in greenhouse gas (GHG) emissions and energy demand from transport in the coming years.
- Fuel efficiency in conventional vehicles holds significant potential for emissions reduction in a cost efficient manner.
- Hybrids, advanced diesels and CNG/LNG vehicles are foreseen to rise significantly as a proportion of new light duty vehicle sales in Europe. These will contribute to both reduced emissions and increased air quality, particularly in urban environments.
- Electric light duty vehicles, both battery and fuel cell powered, require further development to tackle technical and economic challenges. They are not yet commercially viable on a large scale.
- Heavy duty vehicles will remain at the forefront of fuel economy, as operators have significant economic incentives to implement measures.
The fuels we use
When forecasting trends for transport fuel demand, we expect liquid petroleum fuels to remain the primary transportation fuels for the foreseeable future.
- First generation biofuels, which are food crop-based, have failed to deliver expected GHG reductions, due in part to the unforeseen impacts of indirect land use change (ILUC).
- Advanced biofuels, derived from biomass and waste, are currently limited by low technical maturity, poor scalability and high cost. ExxonMobil is pursuing research in a broad array of advanced biofuels options, including basic science research to develop algal biofuels with Synthetic Genomics, Inc.
- Natural gas will continue to play a role in demand for transport in the coming decade.
As a major producer of natural gas, ExxonMobil will continue to explore ways to meet future demand for natural gas in both marine and land transportation.
Policies should take a holistic view of GHG emissions across the economy, recognising that other sectors like power generation can often reduce emissions in a more cost effective manner than the transport sector.
The roads we drive on
Many low hanging fruit exist in the transport sector, allowing quick, cost effective and lasting emissions reductions.
- Efficient traffic management means less congestion, and less fuel wasted.
- Driver education that focuses on good habits can promote both safety and fuel efficiency.
- Good road conditions improve safety and fuel economy.