Biofuels: A Win-Win for India
India, as the world’s third-largest energy consumer, grapples with import dependence, posing a sustained challenge to economic growth. Yet, the country’s vast farming population, generating approximately 18% of GDP, presents an opportunity. Farmers, deeply connected to their land, decide crops based on factors like location, soil, and climate. India ranks among the top producers globally for various commodities such as rice, wheat, and sugarcane. In the dynamic landscape of the evolving biofuel industry, farmers take on a crucial role, not only contributing to energy production but also championing sustainable practices. How is this achieved? The agricultural wastes or residues become valuable raw materials for biofuels. Biofuels emerge as a potential win-win solution, addressing energy challenges while creating an additional income stream for farmers.
If India successfully meets its targets, ethanol has the potential to save a significant amount of emissions—68 million metric tons of carbon dioxide equivalent (MMtCO₂e)—from 2022 to 2030, as estimated by
S&P Global . To put this into perspective, that’s about 29 billion liters of gasoline or the emissions produced by 15 million gasoline-powered vehicles annually. Meeting bioethanol goals aligns with India’s commitment made at COP26 to slash 1 billion metric tons of projected carbon emissions by 2030 and reduce the carbon intensity of its economy by 45% compared to 2005 levels.
Additionally, the conversion of crop residues into biofuels instead of burning them has the potential to prevent up to 3 billion tons of carbon emissions, as stated by the UN’s Food and Agriculture Organization. This not only contributes to emission reduction but also has the added benefit of improving air quality.