National Policy on Biofuels 2018
Anuja and Shreyas
Policy brief by
Energy Transition Theory
Transition as a socioeconomic process...
...and not just shifting source for energy consumption
Energy Transition?
Implicit vs Explicit transition
What does it say?
The Bio fuel policy
More inclined towards being implicit transition
The Strategy
Need
Benefits
The programs undertaken
Externalities
Positive Production Externality
-
Environmental Benefits:
Promotes renewable biofuels, reducing greenhouse gas emissions, air pollution, and mitigating climate change.
2. Rural Development:
Supports farmers by creating markets for non-edible feedstocks, incentivizing biofuels boosting rural income.
3. Waste Utilization:
Encourages the use of agricultural residues and waste materials.
Source: IPCC
Aims
Reducing dependency
Rural economy
Reducing emissions
Reducing Dependency
Reducing Dependency
Reducing Dependency
Reducing Emissions
|
Parameter |
Value |
|
CO2 Emissions Reduction |
544 lakh metric tons |
|
Foreign Exchange Savings |
₹1,06,072 crore |
|
Blending Achievement (2024) |
15% |
Data from EBP - Ethanol Blending Program
Source: Press Information Buraeu
Improving Rural Economy
How renewable energy initiatives can boost rural economic development.
Financial Incentives and Investments
Challenges and Conclusion
Thank You
Appreciation for your attention and engagement on this critical topic.