The war against fossil fuel keeps getting tougher as the years go by. Innovations coming from the energy storage industries have continued to pave the way for electric vehicles which will reduce the demand for fossil-fuel cars. Earlier, much concentration was on fuel cell technology, now the cost of Lithium-ion batteries are dropping drastically. The blow on oil hasn’t come as hard as this in a long time. So sad for oil dependent economies. There is an urgent need for such countries to channel the wealth acquired over the years into other promising sectors to survive this blow.

This is because whether we like it or not, climate change mitigation has come to stay!