How India Can Get Out Of The Oil Pool

How India Can Get Out Of The Oil Pool
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  • Mineral oil reserves could last another 100 years. Uranium expected to run out in another 20-30 years.
  • Sweden plans to end dependency on mineral oil by 2020. In India, no such date is in sight.
  • Europe plans biodiesel to make up 25 per cent of diesel consumption by 2030
  • In Brazil, some cities run the entire fleet of buses on ethanol derived from crops. In Sweden, one in seven cars already runs on biofuel.
  • India sees promise in the oil-yielding jatropha plant. Britain’s BP is funding 8,000 hectares of jatropha cultivation in Andhra Pradesh.
  • With India’s low land availability for energy crops, it should look at modifying plants genetically to produce higher yields
  • It could also look at converting waste into fuel
  • Appoint a minister for sustainable development. Getting out of dependence on mineral oil is a matter of political will.
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