Delhi Solar Energy Policy, 2023
The Delhi government launched the Delhi Solar Policy 2023, in which residents consuming over 400 units of electricity can install solar panels bring electricity bill charge to zero. Under the newly launched
The Delhi government launched the Delhi Solar Policy 2023, in which residents consuming over 400 units of electricity can install solar panels bring electricity bill charge to zero. Under the newly launched
The global food crisis is inspiring a broad new coalition on Capitol Hill seeking to change US policies on ethanol production. Interests ranging from US food manufacturers and livestock producers to environmentalists, humanitarian aid agencies and consumer groups are calling for Congress to rethink so-called "food to fuel" mandates that would require the US to use 9bn gallons of ethanol this year. Critics say the mandates are driving up the price of corn, wheat and other grains, leading to record global food prices and political instability.
Paul Krugman Princeton:
With the under-recoveries on motor fuel "threatening to go out of control' and international crude prices showing no sign of receding, Prime Minister Manmohan Singh is likely to convene a meeting of the Petroleum and Natural Gas and Finance Ministries to sort out the "dispute' pertaining to issuance of enhanced oil bonds to bail out the oil marketing companies (OMCs) from incurring heavy losses that threaten to derail their expansion and investment plans.
Rising global crude oil prices could slow down the country's economic growth in 2008-09 to between 8-8.5 per cent, the Chairman of the Prime Minister's Economic Advisory Council, Dr C. Rangarajan, has said. This estimate is lower than the 8.5 per cent growth projected for 2008-09 by the Advisory Council in January this year.
The public sector power distribution companies in Rajasthan have formulated a plan to popularise the use of energy-saving compact fluorescent lamps (CFLs) for both domestic and commercial purposes and generate public awareness to save electricity through environment-friendly methods.
High gasoline prices could lead to a dramatic saving in US greenhouse-gas emissions. That's the conclusion of economists in the US, who suggest high fuel prices are turning consumers off SUVs and onto smaller, more fuel-efficient vehicles. What's more, car owners are predicted to cut back on driving in order to save money. Together, these changes in consumer behaviour could make an important dent in the US contribution to global warming, reducing annual carbon dioxide emissions by tens of millions of tonnes per year.
It may be counter-intuitive to argue that oil prices will climb during a year in which most of the leading economies are slowing down. Yet, global oil prices have been climbing sharply, hitting a new high of $122 per barrel on Tuesday. What is worse, the trend of price forecasts (including from representatives of the Organisation of Petroleum-Exporting Countries, or Opec) points to still higher prices, going up to such previously unthinkable levels as $150-200 per barrel.
Deals reflect intensifying competition in the US car market. As the credit crunch intensifies, carmakers are turning to an unusual way of moving vehicles off dealership lots: offering to throw in the petrol. In the UK, Fiat offers a payment-free period of nine months plus
Rising export of petroleum products helped Commerce Minister Kamal Nath meet 96 per cent of the targeted $160 billion worth of exports in 2007-08, but it could not contain the country's net oil import bill. The net oil import bill in 2007-08 is likely to rise by around 41 per cent over 2006-07 as the country's refineries consumed 9 per cent more crude oil to meet surging demand even as crude oil prices rose nearly 53 per cent during the year.
Macro economic imbalances are the talk of the day. The ongoing global food crisis, with agflation sweeping across the world, is attracting heated discussion everywhere. Food and fuel have never been intertwined so closely. Since commentators in the West have identified the supply gap on account of increasing demand in the world's two fastest growing economies