Tag: Global

  • Electric Busses; Avoiding the Need of Oil

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    The global fleet of electric buses is already helping cities avoiding the purchase of 279,000 barrels of oil per day, according to Bloomberg New Energy Finance¬†(BNEF). Diesel buses consume an extraordinary amount of fuel compared to a passenger vehicle.¬†Bloomberg noted that “For every 1,000 battery-powered buses on the road, about 500 barrels a day of […]

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  • Venezuela crisis: Petro CRYPTOCURRENCY to become official currency alongside bolivar

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    VENEZUELA is to make its homegrown cryptocurrency, the Petro, an official currency alongside the bolivar as the South American nation continues to battle hyperinflation which has left it on the brink of economic collapse. President Nicolas Maduro announced state-owned oil giant Petroleos de Venezuela (PDVSA) will begin using the digital token from Monday, August 20. […]

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