Today is World Biofuel Day

Today is World Biofuel Day. It is observed to create awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels. This year, the theme is &quot;Biofuels Towards a Carbon Neutral World&quot;.<br />” This day also honors the research experiments by Sir Rudolf Diesel who ran an engine with peanut oil in the year 1893. His research experiment had predicted that vegetable oil is going to replace fossil fuels in the next century to fuel different mechanical engines.<br />” &nbsp;<br />” Biofuels have the benefits of reducing import dependency on crude oil, cleaner environment, and additional income to farmers and employment generation in rural areas. The Government approved the National Policy on Biofuels-2018 in June 2018. The policy has the objective of reaching 20 per cent ethanol-blending and 5 per cent biodiesel-blending by the year 2030.&nbsp;<br />” &nbsp;<br />” Among other things, the policy expands the scope of feedstock for ethanol production and has provided for incentives for production of advanced biofuels. The biofuels programme is also in synergy with the Government of India initiatives for Make in India, Swachh Bharat and enhancing farmers’ income.<br />” &nbsp;<br />” Since 2014, the Government of India has taken a number of initiatives to increase blending of biofuels. The major interventions include administrative price mechanism for ethanol, simplifying the procurement procedures of Oil Marketing Companies, amending the provisions of Industries (Development &amp; Regulation) Act, 1951 and enabling lignocellulosic route for ethanol procurement.<br />” &nbsp;<br />” By setting up compressed bio-gas plants across the country, the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme offers sustainable solutions for stubble management.&nbsp;

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