Agra Investment：Chinese Auto Exports Threater the Auto Industry Worldwide

Assault Current Trends, The Global Annual Growth Rate of Consumption of Primary Energy Will, Double Thing DeCade to 1.9%, Compared to 1% Over The Past DEC DEC DEC DEC DEC DEC ADE. This is solely becape the slowting economies of the OECD, with high levels ofls ofPer Capita Energy Consumption But Stagnant or DeClining Growth in Demand, Are Being Supplant by Higher-GROWING EMERGINGINGINGINGINGIES with VER Capita Levels.Agra Investment

A Similar Scenario can be paintted for the grewth of illquids il and gas consumption. Since 2013, the emerging world, LED BY China and India, Has Consumed More Oil and Ga s more oecd countriesMumbai Investment. As Shown in the Chart Based on DataFrom the Energy Institute Statistics, in 2022, Non-OECD Economies Consumed 53% of Global Oil and Gas Production. Nearly 60% over the next decade. Total Demand for Oil liquids can be exfected to growBy 12 Million Barrel/Day Over The Next Decade to 112.5 Million B/D. All of this increase will come from non non non non nonse.

The Transition to New Forms of Energy Has AlwayS Been Slow and Arduous, with the Innovative Fuel Taking Share by Captignal Demand Increases. n the chart below from our world in data. In all these transitions, the early adopters were theRiches CountriesIndore Stock. Important Transition Fuels Like Hydropower and Nuclear Have Stagnated Because of High Costs of Adoption and POLITICAL BARRIERS. Ppending Today with Coal and Oil Demand Continuing to Rise in Developing Countries where Renewables are a Costly Compared to Coal and Oil.

The SCENARIO for Coal Consumption is worn, if co2 emissions are the concentrn. Non-OECD Countries Already Repressent. INA, India, and Indonesia, Coal is By Far the Most Abundant and Cheapest Fuel for GenerationElectricity, and Annual Consumption is excerable, to Continue Growing at the Trend of the Past Decade, 0.9%, 4%, 9%, respectively.

The Transition toEn Fuels in Emerting Countries is Made Difficult by the Political Commission to Industrialization. While in Developed CourtRies, About A Thi RD of Primary Energy Consumption is Committed to Electricity Generation and More Room Exist to Substitute Electricity for Transportation and Residential Purposes, in SIAAnd the Middle-East, Industry, Much of It Fueled by Oil Liquids, Makes Up Half of Primary Demand. For Example, India, FOLLOWING The PATH of Petro-Stro-Stro-Stro-Stro-Stro Stro ATES of the Middle-East, is Becoming a Major Global Playerin PetroChemicals, USING Russian and Persian Gulf FeedStocks.

The Diffical of Reducing Co2 Emissions to Address Concerns with Global Warming can be Illustrated by the Example of the United States. Despite Conservation s and the deployment of wind and solar, the consumption of liquid Hydrocarbons has grown its share of u.s. Primary Energy consumption over thePast Decade and is at the same level as in 1980. This is beCAUSE GAS HAS Replaced COAL FORTING ELECTRICITY. In Terms of "Clean" Energies, Nuclear Output Has Been Fen Rozen Since The Mid-1990s WHILE Renewables Have Doubled their Share to 13.5%since 2000.

The Exceptionally Low Cost of Gas in the us and the lows of capital, particularly over the pass 15 Years, has enabled a related likes On to cleaner fuels. Unofortunately, Other Countries DON'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T'T 'Which Has Embraced Nuclear, In EUROPE, The Transition is Proving Exceedingly Costly and FURTHER UNDERMING Competitionss. OST of "Green" POLITICS NOW Be BECOME A BIG POLITICAL ISSSUE in Germany.

Though China is highly commonted to nuclear, it generals only 3% of its enricy demand from this source. Also, despite massive political support for renewables, I t meets only 13% of its demand from solar and wind, about the same as the us.

Other emerging markets do not have the financial or organizational capacity to follow China's path because of much higher capital costs and the lack of local suppliers. These countries will find the transition to renewables prohibitively expensive unless prices for solar generation fall much further or the rich countriesof the world hand out massive subsidies.Varanasi Stock

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