From cutting highway speed limits to launching car-free Sundays in big cities, the International Energy Agency proposes to cut the demand for oil by as much as 2.7 million barrels per day.
of oil from their reserves."We can also take action on demand to avoid the risk of a crippling oil crunch," Birol added.
The IEA says its plan would cut oil demand by 2.7 million barrels a day within four months of implementation, which it said would equal the oil demand of all the cars in China. With a majority of oil demand coming from transportation, the plan mostly focuses on how to use less oil getting people and goods from place to place.
Some short-term measures recommended are reducing speed limits on highways by at least 10 kilometers per hour , implementing car-free Sundays in cities, making public transportation cheaper and incentivizing walking and cycling.The organization looked at air travel as another opportunity to cut down on global oil consumption, recommending that businesses avoid using air travel when alternatives exist and that individuals should consider using high-speed and night trains when possible.
It also highlights that adopting electric and more efficient vehicles will decrease oil demand into the future.
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