Are alternative fuel vehicles the solution to the upcoming global, oil, shortage?

Experts predict that within the next 7years there will be a global, oil, shortage. The USA, Brazil, Russia, China, India and Saudi Arabia are demanding more oil than they ever have. The demand will continue to increase, but the output of oil will not.
Will alternative fuel vehicles be the solution to a global, oil, shortage?

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Alternative Energy?

I’ve read reports that by 2030, 115 million barrels of oil need to be produced to the meet the increase needs of China and India.
This particular author advocated highly for alternative energies.
However, I read another source, where the argument was that alternative energies were just as harmful to the environment.
It is clear that the stifling [...]

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