Aglobal shift has been observed in recent years to decouple one’s own economy from the vagaries of the petroleum sector. One such initiative is the concept of ‘methanol Economy” which has been actively pursued by nearly all developing and developed countries. India being a growing economy needs to mitigate the associated environmental hazards and to address this issue, NITI Aayog prepared a roadmap for full scale implementation of methanol economy in India.
Advantages of this Shift
Methanol Cooking Fuel Program The Namrup-based Assam Petrochemicals Limited rolled out India’s first cannister based “Methanol-based cooking fuel Program” which is cheaper than conventional LPG fuel and would meet the energy demands of North East India. The project is a natural extension of India’s vision to reduce import of crude oil and provide clean, import substitute, cost effective and pollution free cooking medium. For instance, in Manipur the cost of energy equivalent of one cylinder of Methanol is Rs. 650 compared to Rs. 850 per LPG cylinder. NITI Aayog has been working to replace 20% of country’s crude imports through methanol alone and push India towards a methanol based economy |
Challenges
India Hosts World Environment Day India was chosen as the host country for celebrating the World Environment Day on June 5. The theme for this year was, “Beat Plastic Pollution”. Every year the world uses billions of single-use or disposable plastic bags, which finally ends up in the ocean. This grave scenario threatens both the marine as well as terrestrial life. The gravity of the situation was observed during Cyclone Ockhi, which resulted in agglomeration of plastic debris all over the western coast of India. To address the issue, India has planned to eliminate the use of single use plastic by 2022. The best way to beat plastic pollution is to recycle and reduce plastic consumption, which can be ensured only if the letter and spirit of Plastic Waste Management Rules 2016 is followed. |
Way Forward