Fuel economy policies could spare Commonwealth governments from an impending transport fuels disaster

The number of road vehicles, and road fuel use, in Commonwealth countries could double by 2030 and increase
by a factor of four by 2050. Given that about half the Commonwealth’s (and world’s) oil is used in transport and
oil accounts for about 95% of transport fuel use, this could spell economic disaster for the oil importing countries
which make up the vast majority of the Commonwealth. Yet, one simple solution – improving vehicle fuel economy –
could cut the cumulative oil bill of Commonwealth countries by GBP 200 billion by 2030, rising to GBP 2 trillion by
2050. In this Opinion, energy expert Lew Fulton sets out some alarming statistics on oil use and cost, and analyses
the case of Kenya – a country that has already recognised the scale of the challenge it faces and the steps it needs
to take to improve fuel economy. He argues that through inaction, Commonwealth countries are missing out on the
opportunity to save billions of unnecessary expenditure on oil – a cost which could slow economic development in
some countries. By setting out the core elements of a national policy on fuel economy, he encourages all countries
to work with the Global Fuel Economy Initiative (GFEI) and other experts. By adopting this high-impact low-cost
policy solution, Commonwealth countries will, he argues, save their citizens billions of pounds and reduce their CO2
emissions.