Electrification combined with clean energy, will radically lower GHG emissions

According to Reuters: "As falling prices spur demand, the share of electric cars sold this year could reach 45% in China, about 25% in Europe and more than 11% in the United States, the IEA estimates."

China, despite being much lower in GDP per capita, than USA and Europe, has much larger percentage of EV sales. Due to government policy and incentives and private competition, which lowers the cost of owning and operating EVs. India, like most poor countries, has low EV market penetration.

We also need to ensure that the electricity supplied is clean. And encourage use of electric powered metros and buses in dense urban areas. And encourage use of bicycles for short trips. For longer trips, maybe take the bicycle to the metro, and use the metro for mid to long range, and take a bicycle to your destination from the final metro station.

This will involve redesigning cities and urban infrastructure, and there will be resistance to change from the public and businesses. If government wants to do good, this is their chance.

Only then will global gasoline demand actually fall. Population and GDP per capita growth in poor countries will probably lead to increasing gasoline demand there. But in rich countries, with electrification and clean energy, gasoline and fossil fuel demand can fall.

Reference: https://www.reuters.com/business/energy/gasoline-demand-growth-slow-this-year-ev-growth-china-us-2024-05-06/