Sub-topic Environment (GS-III)
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Recently, the Ministry of Petroleum and Natural Gas launched the month-long fuel conservation awareness campaign Saksham.
India Energy Outlook report, 2021
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What is Saksham Campaign?
About Petroleum Conservation Research Association (PCRA)
Key-objectives:
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High-Speed Diesel (HSD) and Light Diesel Oil (LDO)
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Important facts on fuel
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India Energy Outlook 2021 has mentioned India as the world’s second-biggest net oil importer after China. As per this report, India is currently importing about 76% of its crude oil needs. |
Middle Eastern region at present holds 48.3% of global oil reserves. But the region is vulnerable to various conflicts such as the Sunni-Shia conflict, Israel and Arab nations conflict, etc. |
End of the oil age theory
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The government introduced various policies aimed towards fuel conservation. Such as fuel efficiency norms for Heavy Commercial Vehicles and Light and Medium Commercial Vehicles.
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The recent India Energy Outlook report mentions “India’s energy future depends on buildings and factories that India is going to build and the vehicles and appliances India is going to buy”. So it is high time for India to act on fuel conservation and Green energy initiatives to make India’s energy requirements sustainable.
Verifying, please be patient.