Oil supply proved itself as a bone of contention between
many countries and hence, a reason for the chaos in the world. Thus, it was
high time that we force-stop the political scoring in the name of oil and pose
a threat to countries rich in oil. Finally, the solution is here. The renewable
energy sources have been in the market for a long time and now, they are to
become famous by a significant reduction in the prices along with the
introduction of more alternatives.
Iran and Iraq have been in constant wars with the US due to
their rich oil sources. The 1970s to 80s crises revealed the dependence of the United States on the oil reserves in the Middle East. These wars not only resulted in unpeaceful
conditions there but also resulted in global inflation of oil prices. Every time
the tension between the United States and Middle Eastern countries increases,
the oil prices went up, which resulted in the innovative steps, including the
introduction of smaller and fuel-friendly vehicles.
Since fossil fuels are to run out, increased in their prices
and their negative impact on the atmosphere, many countries, including the United States, have devised ways to shift to renewable sources. Lithium
batteries have been increasing in use, but now, other types of non-renewable
energy is to take the world by storm. It includes the introduction of batteries
comprising of different minerals, mostly Cobalt, Lithium, Graphite, and Nickel.
All these measures would decrease the dependence of
Consumers and industries on oil and its related products. The batteries, made
at lower costs, would be affordable by the consumers and will not only decrease
the consumption of fuel but will also maximally reverse the adverse effects of
oil on the environment.
Infographic by: www.visualcapitalist.com