Essayer OR - Gratuit
Ethanol - A Potent Weapon to Reduce Carbon Emissions
BANKING FINANCE
|April 2025
The World Energy Forum has forecasted that fossil fuels are under high pressure of shortage and can deplete in the coming decades. Also, use of fossil fuels has led to adverse effects on the global climate. Such an alarming situation has led policymakers to think about alternate ways of energy generation.
-

Recently, the Govt of India announced that it intends to blend 20% ethanol in petrol by the year 2025. Simultaneously, there were announcements by a couple of auto majors about launching models of vehicles capable of running on flex fuels (fossil fuels blended with biofuels like ethanol). Ethanol blending with fossil fuels once again became the talk of the town. We all know that energy demand across the world is increasing day by day due to development of the global economy. Fossil fuels are the primary energy sources which account for bulk of the world's energy consumption.
The World Energy Forum has forecasted that fossil fuels are under high pressure of shortage and can deplete in the coming decades. Also, use of fossil fuels has led to adverse effects on the global climate. Such an alarming situation has led policymakers to think about alternate ways of energy generation. The Government of India is also pushing for greater adoption of renewable power in the country. The Central Govt has set a target of achieving Net Zero carbon emission by the year 2070.
One of the methods which the Govt of India is adopting to achieve its target of Net Zero emission by 2070, is by blending ethanol with petrol. It is noteworthy to mention that as of March 2024, about 98% of the fuel requirement of the road transport sector wais being fulfilled by fossil fuels while only 2% was being fulfilled by biofuels like ethanol. The above data from Govt of India highlights the huge potential available to reduce our carbon emissions by replacing/blending fossil fuels like petrol with biofuels like ethanol.
Cette histoire est tirée de l'édition April 2025 de BANKING FINANCE.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE BANKING FINANCE

BANKING FINANCE
Masters of One or Jacks of All _ Creating a Strong Leadership Pipeline in Banks
Neuroadaptive AI wasn't just listening. It was watching. It was interpreting micro-signals, subtle hesitations, unspoken doubts, and stress markers invisible to even the best human coach, and adjusting the learning journey accordingly. It wasn't just feedback. It was a mirror. And for many in that room, it was the first honest one they'd looked into in a while.
4 mins
September 2025

BANKING FINANCE
India's GIG Economy: "The Rise of Freelance India"
India's digital revolution-driven by cheap data, widespread smartphone use, and expanding broadband-has laid the foundation for the gig economy. Platforms like Swiggy, Ola, and Urban Company use real-time tech to match workers with demand instantly, enabling flexible and accessible work opportunities.
8 mins
September 2025
BANKING FINANCE
Exim Bank's study highlights the immense opportunities for increasing bilateral economic cooperation between India and Brazil
Exim Bank’s recent research publication titled “Strengthening India-Brazil Economic Relations through Sustainable Cooperation”, was released at the hands of Shri Hansraj Singh Verma, Consul General of India in São Paulo and Ms. Harsha Bangari, Managing Director, Export-Import Bank of India, on July 10, 2025, at Exim Bank’s newly opened Representative Office in São Paulo, Brazil.
1 min
September 2025
BANKING FINANCE
Axis Bank introduces industry-first'Lock FD' feature to safeguard term deposits against digital frauds
Axis Bank, one of the largest private sector banks in India, today announced the launch of an industry-first feature - ‘Lock FD’, designed to protect customers’ term deposits from rising digital frauds.
1 mins
September 2025

BANKING FINANCE
Legal News
RBI Mandates Domain Migration to \".IN\" for Financial Institutions
2 mins
September 2025
BANKING FINANCE
In 9 years, PSBs write-off Rs. 12 lakh cr
Public Sector Banks (PSBs) wrote off over Rs. 12 lakh crore between FY16 and FY25, the Finance Ministry informed the Rajya Sabha.
2 mins
September 2025
BANKING FINANCE
Cert-In makes annual cybersecurity audit mandatory for firms
In a first, the Indian Computer Emergency Response Team (Cert-In) has made it mandatory for private and public-sector organisations that own or operate digital systems, processes, or infrastructure, to undergo a comprehensive third-party cybersecurity audit at least once a year. This is the first such directive for the private sector.
2 mins
September 2025
BANKING FINANCE
HDFC Bank Invests in BharatGPT Creator CoRover
HDFC Bank, announced that it has invested in CoRover, a leading conversational AI company. CoRover has created BharatGPT — a pioneering, sovereign, and enterprise-grade Large Language Model (LLM).
1 min
September 2025
BANKING FINANCE
Reserve Bank News
RBI: No plans to allow corporates into banking sector
4 mins
September 2025

BANKING FINANCE
RBI CIRCULAR
Reserve Bank of India (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025 August 14, 2025
4 mins
September 2025
Listen
Translate
Change font size