Effective policies, not deadlines, the need of the hour for energy sector


Effective policies, not deadlines, the need of the hour for energy sector

As India looks to balance its twin needs of clean energy and increased energy demand, a look at policies that may help in expediting the process is worthwhile. Additionally, there are valuable lessons that can be learnt from other sectors that can significantly assist in taking a call between effective policies and time-bound ones.

Recent news suggested that the implementation of electric vehicles may be based on specific deadlines that need to be complied with. The move towards vehicles utilising electricity, generated from a clean source, is a step in the right direction and one that needs further emphasis.

However, we must reassess whether setting deadlines is the best strategy to achieve the ends. An incentive-based system that allows the electric vehicle industry to grow and flourish may help bring about the necessary change in a much more feasible way. Read More

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