The International Energy Agency (IEA) on Friday unveiled a 10-point plan to reduce oil use, mainly aimed at reducing transport as Russia’s invasion of Ukraine deepens supply concerns.
“Since most of the demand for oil comes from transportation, the IEA’s 10-point plan focuses on how to use less oil from people A to B and goods, using specific measures already used in several countries. And cities,” the IEA said in a report. .
The recommendations could reduce oil demand by 2.7 million barrels per day over four months, including lower IEA speed limits, working from home, car-free days in cities, cheaper public transportation and more car-sharing.