financetom
Economy
financetom
/
Economy
/
India government plans to propose nationwide ban on petcoke as a fuel
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India government plans to propose nationwide ban on petcoke as a fuel
May 12, 2018 6:45 AM

India's government plans to propose banning burning petroleum coke as a fuel nationwide to comply with a Supreme Court request as part of a long-running case to clean the country's air, two government sources said on Friday.

The government proposal follows a ban ordered by the Supreme Court in October on burning petroleum coke in the region around the capital of New Delhi.

An oil refinery by-product, petroleum coke, or petcoke, is used as a fuel because of its higher energy content than coal, but it releases larger amounts of carbon dioxide and sulphur dioxide, which can cause lung disease and acid rain.

The government would expand the New Delhi ban across the country while still allowing petcoke to be used in the limestone and cement industries, said the sources who declined to be named. The proposal must be submitted to the court by June 30.

The sulphur emissions that are usually given off when petcoke is burned are instead absorbed during the cement-making process. More than half of India's petcoke demand of 27 million tonnes is imported, mostly from the United States, according to industry estimates.

India is home to the world's 14 most polluted cities based on 2016 data measuring concentrations in the air of particulate matter smaller than 2.5 microns, which is particularly hazardous since they can lodge deep in the lungs. The country is also the world's biggest consumer of petcoke.

The government decided to propose the nationwide restriction on petcoke after officials from the ministries of the environment, petroleum and natural gas, and commerce deliberated various options, including an outright ban on consumption and a ban only on imports, the sources said.

The ministries did not reply to emails seeking comment.

The government was ordered to submit the proposal so the Supreme Court can rule on a petition seeking steps to clear India's air that was first raised in 1985.

First Published:May 12, 2018 3:45 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IMF says U.S. should raise taxes, wait until late 2024 to cut rates
IMF says U.S. should raise taxes, wait until late 2024 to cut rates
Jul 18, 2024
WASHINGTON (Reuters) - The International Monetary Fund on Thursday said the U.S. Federal Reserve should not cut interest rates until late 2024 and the government needs to raise taxes to slow the growing federal debt -- including on households earning less than President Joe Biden's $400,000-a-year threshold. The prescriptions came in the detailed staff report from the IMF's annual Article...
US weekly jobless claims increase more than expected
US weekly jobless claims increase more than expected
Jul 18, 2024
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits rose more than expected last week, but there has been no material shift in the labor market and the data is typically noisy in July because of summer breaks and temporary factory closures. Initial claims for state unemployment benefits increased 20,000 to a seasonally adjusted 243,000 for...
Summer auto plant shutdowns, Hurricane Beryl boost US weekly jobless claims
Summer auto plant shutdowns, Hurricane Beryl boost US weekly jobless claims
Jul 18, 2024
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits increased more than expected last week, but that did not signal a material shift in the labor market amid temporary automobile plant closures and disruptions from Hurricane Beryl. The weekly jobless claims report from the Labor Department on Thursday, however, suggested that it was getting harder for...
Unemployment Claims Rise More Than Expected, Boosting Hopes For Rate Cuts As Cracks In Labor Market Emerge
Unemployment Claims Rise More Than Expected, Boosting Hopes For Rate Cuts As Cracks In Labor Market Emerge
Jul 18, 2024
Signs of a cooling U.S. labor market are becoming more evident, increasingly reinforcing investor beliefs that the time has come for the Federal Reserve to lower interest rates. New unemployment benefits rose more than expected last week, while continuing jobless claims reached their highest levels since November 2021, according to the Department of Labor’s report on Tuesday. Simultaneously reported, the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved