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Showing posts with the label GeoPolitics

How India Is Chipping Away at Its Fossil-Fuel Dependence — and the Leverage of Foreign Oil Giants

When I read this recent Livemint piece on how China has methodically diluted the power foreign oil suppliers once held over it, I couldn’t help but tumble down a rabbit hole: How is India doing on the same front? What I found is worth sharing — so here’s a snapshot of how India is working, on multiple fronts, to make sure its oil bill — and the geopolitical pressure that comes with it — keeps shrinking. India’s energy playbook over the past 15 years reads like a multi-track sprint: put millions of EVs on the road, carpet the countryside with solar panels and wind turbines, squeeze more ethanol into every litre of petrol, revive an ambitious nuclear program, and coax crude from deep-sea rocks that once looked unreachable. The goal is bluntly strategic—trim a crude-import bill that still meets 85% of oil demand and deny potential suppliers the pressure point that New Delhi has worried about since the 1970s oil shocks. A Quiet EV Boom Accelerates Annual electric vehicle (EV) sales in...