But all those estimates might be wrong, cars are being electrified faster and the way China basically made all the solar panels worldwide they are making a ton of super cheap EVs. They are cheap and not amazing but they crucially will mean the global south will probably use them and not buy a billion more ice cars.
Demand for oil might drop sharply while there is still plenty of supply in 20-30 years.
But all those estimates might be wrong, cars are being electrified faster and the way China basically made all the solar panels worldwide they are making a ton of super cheap EVs. They are cheap and not amazing but they crucially will mean the global south will probably use them and not buy a billion more ice cars.
Demand for oil might drop sharply while there is still plenty of supply in 20-30 years.