«Global & Russian Energy Outlook 2035» ERIRAS

... cars are a lot more powerful today than ever, but due to new efficiency designs, they only require an equivalent to the notably less powerful cars of the 1960’s to 1980’s. Moreover, albeit global energy intensity has fallen globally (even China and Russia has improved) due to technological innovation within efficiency, nonetheless it is unlikely to fall further as the opportunity cost for the next stage of efficiency is too high. Lastly, in regards to developing economies the demand is ...