The total support for fossil fuels in transportation in the UK is projected to show a slight yet consistent increase from 2024 to 2028, rising from 20.36 million USD in 2024 to 20.56 million USD in 2028. This represents a year-on-year growth of approximately 0.34% from 2024 to 2025 and a steady annual increase of around 0.25% thereafter. The data suggests a CAGR around 0.24% over the five years, indicative of marginal growth in support for fossil fuels during this forecast period.
Future trends to watch:
- UK's shift towards cleaner energy and its impact on fossil fuel support.
- Government policies aimed at reducing carbon emissions.
- Advancements in alternative transportation technologies.