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What is National Bio-Fuel Policy?

What is National Bio-Fuel Policy? What is bio-fuel? Why is it in news? Why are people opposed to it?

Comments

  • edited March 2013
    Any Fuel obtained from biomass i.e. living or recently living biological source (whereas fossil fuel takes millions of years to form)..mostly derived from oil-rich plants..

    A suitable alternative to world's growing energy crisis as it is
    1.renewable
    2.carbon neutral as plants reabsorb the carbon dioxide emitted

    National bio fuel policy:
    20% of diesel demand to be derived from plants by 2017
    To use non-edible oil seeds for bio fuel production
    Minimum support price & Minimum purchase price for bio fuel produce
    tax and duties exemption on bio diesel

    US and Brazil are leading producers of bio fuels...People opposing mainly because it displaces large agricultural fields ..reason for rise in food price...apart from that nitrate fertilizers used emit nitrous oxide (smog formation) and criticized that it requires more energy for processing than it actually produces :(




  • @bikerGuy to add to @Sambo007 's explanation, the policy mandates the use of 5% ethanol in petrol mix by june 2013 and 20% by 2017. Sugarcane lobby has been adamant on getting a high price for the ethanol supply as the same is also sold to liquor industry.
  • edited March 2013
    You can supplement the above discussion with the Food - vs - Fuel debate, that has already been mentioned by @sambo007!
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