7:06 AM MST | January 6, 2010 | Melissa Stark, Accenture
Never before has there been so much uncertainty over the future supply and demand for hydrocarbons, particularly in transport, which accounts for 50% of primary oil consumption. Some argue that biofuels and electric vehicles will not have much short or medium term impact, but there is now evidence that a range of technologies could be commercial within just five years. But it will take further steps by innovators and regulators to make that happen. Accenture has undertaken one of the industry’s first studies to compare key technologies and evaluate...
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