Can Nigeria kill the fuel subsidy?
With nearly 5,000% increase in expenditure on petrol import subsidy, IMF and World Bank call for funds for education and health sectors
CSE finds serious flaws and gaffes in the fuel consumption norms proposed for cars
Cleverly crafted standards conceal more than they reveal The government has avoided stating the real targets for improvement
CSE demands public consultation on fuel economy standards for cars to guard against weak standards pushed by the car industry
Car industry is trying to maintain a near status quo until 2015 and then improve marginally in 2020. Any laxity can seriously jeopardize energy security and climate mitigation plans
Energy and Transport
Transport sector is the largest user of oil – nearly half of the total consumption, and is poised to make India’s oil security even more precarious. Asian Development Bank projects that the total fuel consumption of on-road vehicles in India in 2035 can be six times over that of 2005 level. Explosive growth in personal vehicles and steady shift of freight transport from railways to roadways will incite ravenous appetite for energy.
Avert the great guzzle
The oil price surge has caught the market watchers and media agog. Expert viewswar on price insulation, energy security and our vulnerability.