Sunsets on OIL consumption

babyme

Germany is banning gas powered car registration effective 2030  (less than 15 years from now).  So the oil producing countries will have problem selling OIL then, no matter how much reserve they have.
There is no growth in demand for oil used in transportation via cars  (may be trucks using diesel) then.
So OPEC should consider their future oil demand from Germany or even other countries.  This is due to the Paris Accord just signed.

Germany is stepping up its push for electric vehicles (EVs). Early this summer, the country passed a law that requires all new car registrations must be zero emissions, meaning EVs. Realizing the only way to meet the goals from the Paris global warming agreement is to go further than curbing internal combustion sales in just one country, Germany is now going to push for the same EV requirement by 2030 for all Europe, according to Electrek.

Germany has pledged to cut carbon dioxide emissions by 80 to 95 percent by 2050. In order to meet that pledge, new car registrations of gas and diesel powered cars need to stop by 2030. If the campaign is successful, the government estimates it will take about 20 years for existing internal combustion powered cars to get off the road.