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Tag: Attribution to 15-Minute Smart Cities

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Aerial view of illuminated night-time city highways with dynamic light trails and bustling traffic.
DécarbonisationDécarbonisation

Transition Risks and Fuel Demand Reduction: Attribution to 15-Minute Smart Cities, Localized Smart Digitalized & Decarbonized Economies

Executive Summary Reduction in refined fuel demand (gasoline/diesel) is primarily driven by electrification (EV penetration ~25% global new sales 2025, displacing ~1.2 mb/d oil equivalent), efficiency gains (MPG improvements offsetting VMT growth), and behavioral shifts, not dominantly by 15-minute city models. The 15-minute city (proximity-based urbanism) and smart digitalized local economies contribute secondarily via…
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