09 Jul '18, 5am

The World’s “New Oil” — Batteries https://t.co/J2uLkXMwxZ

The World’s “New Oil” — Batteries https://t.co/J2uLkXMwxZ

Could batteries become the world’s new oil? According to Bloomberg, “the rise of electric vehicles and renewable-energy sources may mean that some crude may stay in the ground. BP last year said battery-powered vehicles could flatten projected oil-demand growth from cars in the next 20 years.” [Editor’s note: Here’s Shell-related EV story to go along with that: “ Shell CEO Calls For UK To Ban Gas/Diesel Car Sales Sooner

Full article: https://cleantechnica.com/2018/07/09/the-worlds-new-oil-b...

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