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India can reduce fossil fuel dependence, cut import bills by $29 billion through biogas adoption: Report
Replacing natural gas consumption with biogas and biomethane incrementally to 20 per cent by 2030 can help India cut liquefied natural gas import bills by $29 billion between financial years 2025 and 2030, according to a new report. ​​The report from the Institute for Energy Economics and Financial Analysis (IEEFA), underscores the environmental advantages of expanding biogas projects, including waste management, reduction of greenhouse gas (GHG) emissions, and enhanced renewable energy production.
https://economictimes.indiatimes.com/business/india-business/india-can-reduce-fossil-fuel-dependence-cut-import-bills-by-29-billion-through-biogas-adoption-report/articleshow/104723976.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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The potential to replace natural gas with upgraded biogas, known as biomethane, is a game-changer. This can contribute to cleaner and more sustainable energy supplies.
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This will be a positive development for India as it not only reduces the country's dependence on fossil fuels but also cuts down on import bills. Biogas adoption can be a sustainable solution for India's energy needs while also promoting environmental conservation. It is important for the government and private sector to invest in and promote the use of biogas technology to achieve these benefits.
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India's potential shift towards biogas adoption is a promising step in reducing fossil fuel dependence and mitigating climate change. A transition to biogas and biomethane, as outlined in the report, not only has significant economic benefits in cutting import bills but also aligns with environmental goals by reducing greenhouse gas emissions and promoting renewable energy. By embracing this cleaner alternative and addressing production-related challenges, India can make substantial progress in its sustainability efforts.
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Great idea if applicable
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This can happen,
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This is i possible and will not only cut costs,but also lower the amount of carbon emission
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This is an incredible idea and should be adopted
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an amazing idea that should be adopted
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It's feasible 🙌.
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It's very possible
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This is indeed possible ... They can do it .... Need more effort
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We must all have the urge to reduce reliance of these hazardous fuels,i believe India is capable.
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It's very achievable and possible because there is goodwill in doing the same.
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Of course this is possible with relevant efforts and commitments.
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@gorffly_mokua I agree with you