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Published 2 years ago

Put the brakes on and keep the car in the garage on Sunday to ease oil shock, says IEA

Summary by Ground News
IEA recommends 10 steps to cut oil demand by 2.7 million barrels a day within four months. That's equivalent to the oil demand of all the cars in China. Steps include lowering highway speed limits, encouraging more working from home, placing occasional limits on car access to city centres, making public transport cheaper or free.

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The GuardianThe Guardian

Car-free Sundays? IEA sets out 10-point plan to reduce global oil demand | Oil | The Guardian

Energy watchdog says measures could help cut oil usage by 2.7m barrels a day within four months

2 years ago·London, United Kingdom
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CNBCCNBC

Reduce speed limits and car-free Sundays: The IEA has a 10-point plan to cut oil use

Recommendations come at a time when oil markets are facing significant uncertainty following Russia's invasion of Ukraine.

2 years ago·United States
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The TelegraphThe Telegraph

Cut speed limits and introduce car free Sundays to beat Putin oil shock, says IEA

International Energy Agency calls for radical measures not seen since 1970s crisis to cope with fall in supply

2 years ago·London, United Kingdom
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Sky News UKSky News UK

Put the brakes on and keep the car in the garage on Sunday to ease oil shock, says IEA

The intergovernmental body is calling for consumers in advanced nations to curb demand - stirring memories of the 1970s - as the world faces the prospect of losing three million barrels a day of Russian oil output.

2 years ago·United Kingdom
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Arab NewsArab News

Restricting car use could offset Russia oil crisis, says IEA

Author: Fri, 2022-03-18 15:31 RIYADH: Governments could ease the oil shortage caused by Russia’s invasion of Ukraine by restricting how people use their cars, the International Energy Agency has said. In a report released on Friday, the IEA called for lower speed limits, more working from home, and placing occasional limits on car access to city centers as part of the way to reduce dependency on oil. It also suggested making public transport …

2 years ago·Riyadh, Saudi Arabia
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Business InsiderBusiness Insider

The IEA's 10-point plan to cut oil demand amid supply shock from Russia's war includes reducing speed limits and car-free Sundays

"Emergency measures can quickly cut global oil demand by 2.7 million barrels a day," the IEA said about ways to cope with a supply shortage.

2 years ago·United States
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