Is ethanol blending the right long-term solution for reducing India’s dependence on imported crude oil?
India imports a large share of the crude oil it consumes, making fuel prices and energy security vulnerable to global oil prices and geopolitical disruptions. Ethanol blending has been promoted as one way to reduce petrol consumption and support domestic agricultural production.
Ethanol blending can reduce India’s dependence on imported crude oil and support domestic production. However, concerns around mileage, vehicle compatibility, food and water resources, and consumer costs raise the question of whether it is the best long-term solution.
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