In this webcast, we discuss the transport energy options for India. The government of India intends to pursue Electric Vehicles with aggression, both to help India meet its Climate Change commitments, as also to reduce its dependence on fossil fuels in the post corona era. But is it what India needs? Are the necessary raw materials for batteries accessible in both the near and short term? Can India readily abandon oil, now cheap and from a region which gives jobs to our expatriate population?
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The second-most important issue on everyone's mind after the Coronavirus, is Rare Earths - those metallic elements like scandium and cerium, used in every aspect of modern electronics like our cell phones, rechargeable batteries, florescent lighting. The reason is: China. China has the world's largest deposits and production of rare earths, and has not hesitated to withhold its export to countries that disagree with it in the past.
China’s clean-up of its cities and its success in improving urban air quality hold important lessons for India. But the outbreak of the corona virus and reports that news about it was initially suppressed tell a different story. While physical infrastructure is important, equally vital are a free media and an open society, where people are not afraid to speak
The global energy scenario has changed in every way – be it in demand, supply or energy type – in the last two decades. The only unchanged component has been the currency of energy trade: the U.S. Dollar. Lately, though, the Chinese Yuan has emerged as a challenger. Can the Indian Rupee be a third contender?
India can catalyse trading in oil on its domestic exchanges, and thereby adjust global oil prices so they reflect the changing patterns of global trade. In the process, this can help Indian companies and government reduce the risks arising from high energy prices. And in the long run, it can give India a more central position in the global financial system
India is the second largest emitter of methane in the world. But methane-cracking has enormous economic potential. It can help India become a high-technology manufacturing powerhouse by producing a steady supply of methane-derived, advanced carbon materials and hydrogen-energized transportation
The main objective of the Shanghai Cooperation Organisation’s (SCO) Energy Club, when Russia formed it, was to market its member states’ substantial oil and natural gas reserves. This map shows some of the important natural gas pipelines, originating from Russia and its neighbouring countries that are not members of the SCO. What can India do to secure supplies from these abundant but currently inaccessible natural gas reserves?
Pakistan’s aspirations for oil and gas prospecting off its Makran coast, south-western Balochistan, are diverging from those of China, which has had a nearly two-decade long presence in Gwadar as an infrastructure provider. To turn Gwadar into the petrochemical hub it desires, Pakistan has sought out other benefactors, changing geopolitical equations in the region
Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.
Yuan Peng, Vice President, and Dr. HU Shisheng, director, respectively of the Institute of South & Southeast Asian and Oceanian Studies, China Institute of Contemporary International Relations, Beijing, spoke to Gateway House about working towards ‘the final goal of denuclearisation’, India-China relations since the Doklam stand-off and addressing security concerns raised by the Belt and Road Initiative