Fuels & Lubricants Magazine
Issue No. 3, October 2018
Issue No. 3, October 2018
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FUELS CORNER<br />
Global Initiatives:<br />
Assessing Current & Future<br />
Global Initiatives<br />
on <strong>Fuels</strong> & Vehicles<br />
The highlights from the “Global Initiatives:<br />
Assessing Current and Future Global Initiatives<br />
on <strong>Fuels</strong> and Vehicles,” by the <strong>Fuels</strong> Institute.<br />
Tammy Klein<br />
tammy@futurefuelstrategies.com<br />
The market for fuels and<br />
vehicles is increasingly global<br />
and understanding what is<br />
happening around the world<br />
can enhance long-term strategic<br />
planning.<br />
The market for fuels and vehicles is increasingly<br />
global and understanding what is happening around<br />
the world can enhance long-term strategic planning. As<br />
automakers increasingly seek to harmonize their vehicle<br />
production plans and governments seek best practices<br />
to achieve their specific objectives, regulations that may<br />
seem distant to some markets can still have significant<br />
influence. For markets that have not yet acted to address<br />
these issues, it may only be a matter of time before<br />
regulators will likely look to other nations for ideas.<br />
That’s one of the key themes behind “Global Initiatives:<br />
Assessing Current and Future Global Initiatives on <strong>Fuels</strong><br />
and Vehicles,” released by the <strong>Fuels</strong> Institute.<br />
By 2040, the world population is expected to expand<br />
nearly 25% to 9.1 billion and the global car fleet is<br />
expected to double. With such extraordinary growth on<br />
the horizon, it is not surprising governments around the<br />
world are increasingly announcing and/or implementing<br />
initiatives to tighten fuel economy and emissions<br />
standards, set zero emission vehicle targets, mandate<br />
more blending of biofuels, ban or otherwise limit driving<br />
30 <strong>Fuels</strong>&<strong>Lubricants</strong> No. 3 OCTOBER 2018