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Oil prices will be lower in the future if low-carbon transport technologies are mass deployed, as these technologies will drive a significant reduction in global demand for oil.
To rectify the implementation and compliance issues associated with P-7 standards for heavy-duty vehicles in Brazil, quickly advancing to the next P-8 phase and aligning it with Euro VI standards is the most effective option.
Under current regulatory standards, the wide commercialization of diesel cars would significantly increase NOX and PM2.5 emissions, contributing to poor air quality and adding 150,000 premature deaths through 2050.