Surely, it is argued that even these stringent norm
s cannot on their own reduce pollution levels, and there has to be means through which the industry is encouraged to reduce its dependence on fossil fuels. Even hybrids are economically unviable currently as Rajeev Chaba, President & MD, GM India, tells B&E, “Customers have to give the push and all stakeholders must work together. Hybrid cars would otherwise become very expensive.” So the Indian government has taken certain initiatives as an attempt to bring about the needed change – a change in the petroleum consuming habits of Indians. For starters, fuel blending has been fixed at 5%, implying that every litre of petrol will comprise 5% of ethanol, while for diesel, it would be Jatropha bio-diesel, which is still under preview right now.
For Complete IIPM Article, Click on IIPM Article
s cannot on their own reduce pollution levels, and there has to be means through which the industry is encouraged to reduce its dependence on fossil fuels. Even hybrids are economically unviable currently as Rajeev Chaba, President & MD, GM India, tells B&E, “Customers have to give the push and all stakeholders must work together. Hybrid cars would otherwise become very expensive.” So the Indian government has taken certain initiatives as an attempt to bring about the needed change – a change in the petroleum consuming habits of Indians. For starters, fuel blending has been fixed at 5%, implying that every litre of petrol will comprise 5% of ethanol, while for diesel, it would be Jatropha bio-diesel, which is still under preview right now.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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