Prime Minister Narendra Modi recently announced the formation of the Global Biofuels Alliance (GBA) during the G20 summit. This alliance, consisting of more than 30 countries and international organizations, aims to promote the adoption of biofuels and expand bioenergy access in emerging economies. This announcement comes in the wake of Bharat’s (India) launch of the world’s first 100% ethanol-powered car. With such developments, it becomes crucial to understand the potential of biofuels and ethanol as a new source of energy.
Bharat has long embraced the principle of Ekatamik (conjunct) co-existence, recognizing the interconnectedness of all aspects of the environment. The country has practiced minimalism and recycling for generations, a concept that is now gaining popularity in the Western world. Ethanol, a chemical compound derived from molasses, is proving to be beneficial for both the environment and the economy.
Ethanol, also known as ethyl alcohol, is a clear, colorless liquid that can be blended with petrol. By blending ethanol with petrol, Bharat can reduce its dependence on foreign fossil fuels, contributing to its commitment to achieve net zero emissions by 2070. The blending of ethanol is also economically beneficial, as the cost of ethanol is 45% lower than petrol. This not only reduces India’s dependence on oil imports but also prevents the depreciation of its currency, the Rupee.
The automotive industry plays a vital role in Bharat’s progress, as it facilitates the movement of people and goods across the vast country. With a population of over a billion people, India is one of the largest automobile manufacturers in the world. By embracing biofuels and ethanol, the country aims to further boost its automotive industry, become the largest manufacturer and market for automobiles by 2030, and reduce logistics costs.
To support this vision, the government introduced the National Biofuel Policy in 2018, which encourages fuel blending and aims to reduce dependence on imports. India’s import bill for crude and natural gas is significant, and by promoting ethanol production, the country can decrease its reliance on these imports.
The benefits of ethanol production extend beyond the economic advantages. Blending ethanol with petrol reduces greenhouse gas emissions, contributing to a cleaner and more sustainable environment. Additionally, the use of biofuels supports the government’s commitment to combat climate change and promote renewable energy sources.
In conclusion, Bharat’s emergence as a leader in biofuels and ethanol represents a significant step towards achieving sustainability and clean energy. The formation of the Global Biofuels Alliance and the launch of ethanol-powered vehicles demonstrate the country’s commitment to reducing dependence on foreign fossil fuels and embracing renewable energy sources. With the right policies and investments, Bharat has the potential to become a role model for other countries in the fight against climate change.
– Prime Minister Narendra Modi during the G20 summit
– Manusmiriti (ancient scripture of Bharat)
– National Biofuel Policy of 2018