Electric vehicles in the context of "Oil consumption"

Fossil fuel phase-out is the proposed gradual global reduction of the use and production of fossil fuels to zero, to reduce air pollution, limit climate change, and strengthen energy independence. It is part of the ongoing renewable energy transition.

Many countries are shutting down coal-fired power stations, and fossil-fuelled electricity generation is thought to have peaked. But electricity generation is not moving off coal fast enough to meet climate goals. Many countries have set dates to stop selling petrol and diesel cars and trucks, but a timetable to stop burning fossil gas has not yet been agreed.

Peak oil is the point when global petroleum production reaches its maximum rate, after which it will begin to decline irreversibly. The main concern is that global transportation relies heavily on gasoline and diesel. Adoption of electric vehicles, biofuels, or more efficient transport (like trains and waterways) could help reduce oil demand.

Peak oil relates closely to oil depletion; while petroleum reserves are finite, the key issue is the economic viability of extraction at current prices. Initially, it was believed that oil production would decline due to reserve depletion, but a new theory suggests that reduced oil demand could lower prices, affecting extraction costs. Demand may also decline due to persistent high prices.

Regenerative braking is an energy recovery mechanism that slows down a moving vehicle or object by converting its kinetic energy or potential energy into a form that can be either used immediately or stored until needed.

Typically, regenerative brakes work by driving an electric motor in reverse to recapture energy that would otherwise be lost as heat during braking, effectively turning the traction motor into a generator. Feeding power backwards through the system like this allows the energy harvested from deceleration to resupply an energy storage solution such as a battery or a capacitor. Once stored, this power can then be later used to aid forward propulsion. Because of the electrified vehicle architecture required for such a braking system, automotive regenerative brakes are most commonly found on hybrid and electric vehicles.