Thursday, March 27, 2008

IOC goes green on energy security

28 Mar 2008, NEW DELHI: For Sarthak Behuria, chairman of state-owned flagship refiner-marketer Indian Oil Corporation, energy security goes beyond merely ensuring uninterrupted supplies at affordable costs to making sure that consumers conserve energy and when they need it, use fuels efficiently to reduce impact on environment.

“As the demand for energy increases, one way to lessen the impact is to ensure that it is used more efficiently,” he told delegates attending the 93rd International Petroleum Week in London organised by the UK-based Energy Institute.

"The most confounding problem that humanity would face in the next decade will be to find a simultaneous solution to its energy needs while addressing the concerns of global climate change world over, economies need to progressively move towards attaining higher levels of economic growth with reduced levels of energy consumption," Behuria said in his address, delivered through video-conferencing. More >>>

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