India’s Renewable Energy Preparedness: Assessing the Viability of Bioethanol as a Key Element in the Green Energy Transition

Authors

  • Ashish Kumar Research Scholar, SRM University, Sonipat
  • Shubham Kakran Research Scholar, Mittal School of Business, Lovely Professional University, Kapurthala
  • Arpit Sidhu Assistant Professor, Mittal School of Business, Lovely Professional University, Kapurthala
  • Upendra Pratap Singh Associate Professor, SRM University, Sonipat

DOI:

https://doi.org/10.33516/maj.v58i6.52-55p

Keywords:

No Keywords

Abstract

The transition to green energy is vital to combat the severe concerns of global warming caused by the increased use of fossil fuels. The Paris Accords (COP-21) have set legal bindings and goals to reduce CO2 emissions to combat climate change. Bioethanol is the most feasible renewable energy technology to combat climate change. This study provides an overview of the readiness of India to implement policies for promoting the production and blending of bioethanol as renewable energy from sugarcane molasses and non-edible waste oils. The Indian Government has made significant efforts to channel biofuels into power and could serve as a landmark for energy preparedness for emerging nations. Establishing a renewable energy framework that focuses on conservation policies, efficiency, and strengthening energy is crucial. This study highlights the importance of being ready for the green energy transition and the potentials of bioethanol as a sustainable energy source.

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Published

2023-06-01

How to Cite

Kumar, A., Kakran, S., Sidhu, A., & Pratap Singh, U. (2023). India’s Renewable Energy Preparedness: Assessing the Viability of Bioethanol as a Key Element in the Green Energy Transition. The Management Accountant Journal, 58(6), 52–55. https://doi.org/10.33516/maj.v58i6.52-55p

Issue

Section

RENEWABLE ENERGY

References

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A climate of change. United Nations development Programme. 2023. Retrived from https://www.undp.org/india/climate-change

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