New technologies, like this efficient electric-petrol car will be developed to reduce the need for oil.
This prediction looks at rising oil consumption due to economic growth. However, as oil prices rise, sustainable companies will look for better alternatives and develop new technologies.
Wind, solar and nuclear energy are already being used to reduce the need to burn fossil fuels to generate electricity.
Hydrogen fuel cells and electric-petrol cars are tackling the problem of vehicle emissions and also helping to reduce the need for oil.
Natural resources should be used as efficiently as possible. Economic sustainability often drives the development of new technologies and solutions to problems.