Buses matter more because of their size and constant use. For every 1,000 electric buses on the road, 500 barrels of diesel are displaced each day, Bloomberg NEF estimates. By comparison, 1,000 battery electric vehicles remove just 15 barrels of oil demand.
Source – bloomberg.com
– “…By the end of this year, a cumulative 270,000 barrels a day of diesel demand will have been displaced by electric buses… That’s more than three times the displacement by all the world’s passenger electric vehicles”
Forget Tesla, It’s China’s E-Buses That Are Denting Oil Demand – By Alaric Nightingale
The oil industry needn’t be too concerned — for now — about how Tesla Inc.’s electric cars are denting demand. China and its bus fleet could be more of a worry.
By the end of this year, a cumulative 270,000 barrels a day of diesel demand will have been displaced by electric buses, most of it in China, according to a report published Tuesday by BloombergNEF. That’s more than three times the displacement by all the world’s passenger electric vehicles (a market where Tesla has a share of about 12 percent.).
Despite rapid growth, the impact…
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The Most Revolutionary Act 
There are massive amounts of methane spewing into the atmosphere, from the arctic now.
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I know, Doug. I honestly find it quite scary.
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