Press Association: A switch to low-carbon transport such as electric cars would save countries including the UK billions of pounds a year, a report has suggested.
Global policies to cut greenhouse gas emissions from the transport sector would reduce demand for oil, driving down prices and cutting global spending on the fossil fuel by 232bn a year worldwide between 2020 and 2030.
Cheaper oil for importing countries could free up billions of pounds which could be spent in other parts of the economy, the analysis...