Indian industry to gain from energy, environment policies
Change, Barack Obama’s theme, will also resonate through the spectrum of India’s engagement with the US after the 44 th President of the United States of America takes over on January 20.
There is a sense of uncertainty here about the stand the new US administration will take on several issues that affect India.
An analysis of Obama’s position, detailed in his ‘Blue Print for Change’, shows his stance on environment and energy, for instance, may give India a long-term boost. A 35% reduction in US oil consumption by 2030, as he envisions, would soften the world’s oil demand. India’s coal- and import-dependent energy economy stands to gain more from Obama’s plan to invest $150 billion in clean energy over the next decade and double fuel economy standards within 18 years.
To read the full article, click here..
To read the ePaper, visit:
http://epaper.financialexpress.com/FE/FE/2008/11/06/index.shtml
There is a sense of uncertainty here about the stand the new US administration will take on several issues that affect India.
An analysis of Obama’s position, detailed in his ‘Blue Print for Change’, shows his stance on environment and energy, for instance, may give India a long-term boost. A 35% reduction in US oil consumption by 2030, as he envisions, would soften the world’s oil demand. India’s coal- and import-dependent energy economy stands to gain more from Obama’s plan to invest $150 billion in clean energy over the next decade and double fuel economy standards within 18 years.
To read the full article, click here..
To read the ePaper, visit:
http://epaper.financialexpress.com/FE/FE/2008/11/06/index.shtml
Labels: Barack Obama, Blue Print for Change, environment, environment policies, fuel economy standards, President of the United States, US administration, US oil consumption, USA
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