The Indian government is mulling a reduction in the Goods and Services Tax (GST) on bio-diesel as well as for compressed natural gas (CNG)-run cars to encourage cleaner fuels, according to a senior government official. “We have sent the recommendations to the Finance Ministry for consideration,” Sunil Kumar, joint secretary at the Ministry of Petroleum and […]
The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the Covid-19 crisis, marking the first annual decline in new additions in 20 years, according to the International Energy Agency. But their growth is expected to resume next year as […]
Air travel is booming, with the number of air passengers set to double over the next twenty years. Aviation demand is particularly evident in in the Asia Pacific region, where growing economic wealth is opening new travel opportunities. Aviation accounts for around 15% of global oil demand growth up to 2030 in the IEA’s New […]
The Union Cabinet has unveiled a comprehensive biofuels policy which, among other things, allows farmers to divert excess crop produce for biofuels production and sets aside Rs 5,000 crore to help establish second-generation (2G) ethanol refineries. The National Biofuels Policy 2018 seeks to expand the range of feedstock available for ethanol production beyond sugar molasses, […]
India’s ministry of petroleum and natural gas soon plans to announce a new policy to promote use of alternative fuels. This move precedes the ministry’s decision to take under its wing the biofuel industry and will be in line with the government’s commitment to cut down emission and bring down the overall oil import bill. […]
The U.S. Department of Agriculture (USDA) released the following report from its global agriculture information network: China: China Announces a Two-year Transitional Period on a Proposed Certificate Requirement for Imported Foods On September 25, 2017, China notified the World Trade Organization of an Addendum to the “Measures for the Administration of Certificates Attached to Foods […]
India is all set to firm up its plans to become an alternative fuel producer and slowly transforms itself into a zero petroleum importing nation. Biofuels today are fast emerging as a promising and economically viable energy option for a country like India, which happens to be one of the largest fuel guzzlers in the […]
