This Nissan graphic details the annual EU nation state spend on oil for petrol and diesel
We found this interesting graphic (courtesy of Nissan) which details the annual EU nation state spend on oil for petrol and diesel.
The UK’s €24.51bns would pay for a lot of solar/storage capacity which would mean we’d never need to import oil at anywhere near those levels ever again. That’s £20bns which would stay in the consumers’ pockets. The boost to the economy each year would be enormous. Not to mention the changes to foreign policy; we’d care a lot less about what happens in oil producing nations. OPEC summits would no longer be front page news in European media.
Across Europe, a wholesale move towards electric transport would have massive economic as well as environmental benefits. We can look forward to the end of the oil age…