The energy transition is now a national security issue. Just ask India

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LITTLETON, COLORADO: India’s public flogging over its imports of sanctioned Russian oil has been a painful reminder that energy policy is a matter of national security, increasing the attractiveness of domestic energy sources.

The world’s most populous country relies on imports for nearly 90% of its crude oil supplies, making it dependent on world markets for the fuels, chemicals and other refined products needed to run its economy.

But when it comes to electricity, India is far more self-reliant.

Roughly 70% of India’s electricity comes from coal,…



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The energy transition is now a national security issue. Just ask India


LITTLETON, COLORADO: India’s public flogging over its imports of sanctioned Russian oil has been a painful reminder that energy policy is a matter of national security, increasing the attractiveness of domestic energy sources.

The world’s most populous country relies on imports for nearly 90% of its crude oil supplies, making it dependent on world markets for the fuels, chemicals and other refined products needed to run its economy.

But when it comes to electricity, India is far more self-reliant.

Roughly 70% of India’s electricity comes from coal,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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