You are viewing a single comment's thread from:

RE: How Big Oil Conquered the World: An Informative Documentary About A Global Conspiracy! Part #6

in #life7 years ago

Slowly and steadily we will be moving to oil less society. With decentralization due to blockchain the trend will continue. New methods will come to reality of harnessing power. In India ethanol usage is increasing as huge sugar production happens in India. I am sure many countries would invest in new technology to reduce the reliance on oil. With focus on solar energy India government is also trying to bring policy for electric vehicle. This will further reduce oil import bill. Going Forward After 2030 or so India's import of oil will start to reduce.

Sort:  

That sounds very positive!

I hope the world will learn from India!

Thanks for commenting. Stay eco!

Yes eco related market will keep on growing because there is pressure on govt to reduce current account deficit. Oil widens countries cureent account deficit. Basically your money flows out of the country more than coming in.. So when Decentralization of fuel generation for example using electric vehicle charged frm solar panel is complete decentralization. This will happen sooner or later everywhere. Thats why i m betting on wepower coin and power ledger coin heavily.