Saturday, April 12, 2014

ndia Mulls Fuel Standards Lagging Brazil as Cities Choke


India may upgrade nationwide fuel standards to eliminate cancer-causing particle emissions from vehicular exhaust by 2021, nine years behind other developing countries such as Turkey and Brazil.

India’s pumps may start selling fuels of the same quality sold in Europe by April 2021, according to a draft copy of recommendations by the oil ministry’s auto fuel policy panel, obtained by Bloomberg News. The deadline is contingent on state-run refiners such as Indian Oil Corp. (IOCL) getting the funds needed to upgrade their facilities, according to the draft.

“There are real constraints,” to upgrading emission standards, said Saumitra Chaudhuri, head of the panel and a member of India’s Planning Commission that formulates five-year economic plans, adding that the recommendations are a working draft and not meant to be public yet. “Our refiners are not the most profitable in the world.”

See full Article: http://www.bloomberg.com/news/2014-04-01/india-mulls-fuel-standards-lagging-brazil-as-cities-choke.html