The different types of alternative fuels to petrol and diesel are;
Renewable energy sources follow learning curves or Wright's Law, which states that with every doubling of installed capacity, they become a constant proportion cheaper.
As a result, the growing use of clean energy has reduced the cost of electricity generated by new renewable power plants.
Carbon offsets allow individuals and businesses to minimize their carbon impact.
Carbon offsets enable carbon dioxide (a major greenhouse gas) to be removed from the atmosphere or lowered in another region of the world.
They can help because a lot of the costs of operation or production in UAE are associated with the use of fossil fuel.
Adopting cleaner energy sources will thus ensure that those costs are abated hence, reducing inflation.
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