Monday, 12 December 2016

Its time for India to focus more on Natural Gas.

-Background-India recently announced her plans to *increase the share of Natural Gas* in the energy mix,from *6.5% to 15%.*

- *Developing countries like India and China* rely more on *coal rather than on Natural Gas.*

-Because coal power plants are *cheaper* to setup.

-Plus India has enough supplies of coal,while she is a *net importer of Natural Gas.*

-Why should we increase the share of Natural Gas?

>Gas is *50% cleaner* than coal on carbon emissions.

>Significantly cleaner on *sulphur oxides* and *nitrogen oxides.*

> *Negligible* or *non-existent PM 2.5* emissions.

>While coal is cheaper than gas to produce, it works out to be significantly *more expensive than Natural Gas plants when externalities* like *health costs* and *environmental costs* are worked into the equation.

-How can we boost the Natural Gas sector in the country?

>Strict *emission standards.*

>An enabling *regulatory framework.*

>A *high price on carbon.*

>Improve the *self sufficiency* in Natural Gas by more explorations.

>Ensure a *stable regulatory framework* which earns the confidence of investors.

Source:The Hindu

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