Climate Change Debate Post G20 India Summit
Category: Energy Economy
India and its Energy Sovereignty
In recent times, India has been pitted to overtake Japan as the third largest economy by 2030 and yet the India’s macro-economy doesn’t seem to be robust as the rupee has continued to slide against downwards, and can be expected to be cheaper than ever by end of the year. Part of the problem lies in India’s dependency on oil imports. Until now India had a smooth ride owing to the oil price crash from $100 to $40. However, now the prices have climbed back to $75 making India vulnerable to factors such as inflation, increasing current account deficit and […]
Energy & Climate Policy Trends
We are witnessing a dynamic change in the energy sector and the geopolitics around it. With fast stride towards the decarbonizing the economies, to developments such as lowered cost of solar power, electric vehicle era and secured fossil fuel supply— all together are changing demand-supply and production-consumption patterns of energy. Even then, approximately 1.2 billion people lack access to electricity and to clean cooking fuel. While at one end we are preparing for a world of autonomous vehicles, on the other end we are still battling the energy poverty with people lacking basic amenities. Notably, the Agenda 2030 focuses on […]
Energy Policy Making for Optimal Resource Management
The global oil demand is expected to remain healthy for the next few years, especially in the developing countries of Asia and Africa. Though currently suffering from a slowdown due to the US-China trade war and the rise in renewable technological innovation, one cannot simply write-off oil or for that matter any other conventional fuel like coal or gas, as it forms an integral part of the new energy mix of many nations (both developing and the developed) even today, which deploy tools of policy making for the purpose. However, the new energy mix, of the present age, brings the […]