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 […]

Building an Inclusive Bio-Economy

The global community, in light of increased geopolitical tensions, economic crisis, magnified disparities, global warming and other socio-economic incidents, has realized that the current fossil fuel based-economic model is not a viable one. Agenda 2030 and its Sustainable Development Goals, then, can be viewed as the global response to this problem. There is now a general consensus regarding the introduction of biomass fuels and renewables as part of the economic model, which will enable nations to progress on the path to an inclusive sustainable development- in other words introduce a bio-economy. What is Bio-Economy? Conspicuously, world’s basic commodities are derivatives […]

Climate Security in Times of Energy Insecurity

There is a surge in energy demand world-over, which is increasingly still being met by conventional fossil fuels such as oil, coal and natural gas. (Coal is the king in Asia-Pacific, at least till 2040). In last few decades, this has led to serious implications in form of increase in carbon dioxide, methane and carbon monoxide in the atmosphere, resulting in rise of temperature. With rise in global warming, the countries are now fast looking out for ways to reduce their carbon footprint, and most of them targeting their energy basket. The UN’s Intergovernmental Panel on Climate Change has in its […]

Oil Externalities in Times of Geopolitics of Environment

Oil- bearing areas have been subject to environmental degradation, culminating sometimes into ecological catastrophes. The advent of oil production has resulted in mass destruction of ecological resources- be it forests, aquatic systems, wildlife displacement, endangering or extinction of species and wetlands and swamps among others. Few prevalent oil related geopolitical externalities resulting in environmental damage are: Oil Spillage: The Sanchi Oil spill, possibly the largest oil spill in the last 30 years, has been stealthily causing environmental catastrophe in South China Sea. Both China, in whose 200-nautical-mile exclusive economic zone the accident occurred, and Japan, in who’s otherwise claimed exclusive […]

Fossil Fuel Policy for Mitigating Climate Change

Climate change poses a glaring challenge for the present generation who fast needs to mitigate the causes of the same in order obtain a sustainable world. This definitely calls for complete phase out of fossil fuels which have been instrumental in enhancing the calamity. The social optimum by today’s standards requires an immediate aggressive renewable fuel intervention apart from a gradually rising carbon tax which falls in the long run. As more and more renewables are used in relation to fossil fuel, faster will be the advent of carbon free era. And as more fossil fuel will be locked up […]