The Global Outlook is ExxonMobil’s view of energy demand and supply through 2050.
According The Company the Key takeaways , include, but limited to,
when All energy types will remain in the mix.
Renewables will grow the fastest,
Coal will decline the most while under any credible scenario, oil and natural gas remain essential.
Lower-carbon technology needs policy support to grow rapidly but ultimately must be supported by market forces.
While speakng on the Fueling the future, the company informed that it is Exploring its lower emission fueling options for commercial fleets, however,
liquid fuels are projected to remain essential for decades to come.
It said,”Renewable diesel offers fleets viable options for emissions reduction on a lifecycle basis.
We market fuel additives and lower GHG-emission fuels around the globe.
Reducing emissions from commercial fleets is a significant challenge. Commercial transport is complex, and there’s no one-size-fits-all solution.”
“Light-, medium-, and heavy-duty vehicles have different routes and needs, but they all require affordable, reliable fuels.
As fleet managers strive to reduce emissions while staying productive, ExxonMobil’s global reach and expertise can help make a real difference” ExxonMobil added
Staying competitive
“Commercial transport is a competitive business.Fleet managers have to consider new designs, powertrain options and alternative fuels based on their productivity, efficiency, Total Cost of Ownership (TCO), policy and infrastructure.
As new technologies emerge, diesel will remain essential for long-haul, heavy-duty work. Which is why many fleets view upgrading to the latest lower-emission diesel engines can be a smart and efficient choice.
That’s where we come in.”
Options
” Fuel additives enhance modern diesel engines’ efficiency which results in reduced tailpipe emissions. Our Diesel Efficient™ fuel helps keep fuel injection systems clean, restoring engine performance and reducing fuel consumption.
Renewable diesel, produced from bio-feedstocks like vegetable oils, is chemically similar to conventional diesel, making it easy to use in modern trucks.
Collaboration is more important than ever.”
“At ExxonMobil, we’re excited about our plans and partnerships that help us deliver lower-emission solutions to commercial fleets worldwide. Our Product Solutions land fuels business markets lower-emission fuels in countries like the United States, Canada, the United Kingdom, the Netherlands, Singapore and Indonesia,” the company stated.