-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
- *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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