THE HINDU Editorial Vocabulary - May 30, 2018 - Topic 2
At a time when rising oil
prices are putting increasing pressure on the economy, even small steps to
encourage the use of biofuels are welcome. The Cabinet this month approved a National Policy on Biofuels, which encourages the generation and use of biofuels
such as ethanol. It primarily tries to address supply-side issues that have
discouraged the production of biofuels within the country. For one, it allows
for a wider variety of raw materials to be used as inputs to produce ethanol
that is blended with petrol.
Until now, only ethanol produced from sugarcane
was approved for this purpose. Under the new policy, feedstock for biofuels
includes sugar beet, corn, damaged foodgrain, potatoes, even municipal solid
waste. This will likely reduce the cost of producing biofuels and improve
affordability for consumers, particularly during times when oil prices reach
discomforting levels. In India, industrial-scale availability of ethanol so far
has been only from sugar factories, which were free to divert it to other users
such as alcohol producers, who would pay more. The oil companies have been
floating tenders for ethanol supply, but availability lags behind their needs,
because the price is often not attractive enough for the sugar industry. The
Centre hopes the new policy will also benefit farmers, who will be able to sell
various types of agricultural waste to industry at remunerative prices. But
given the technology available, a large chunk of the biofuel will have to come
from the sugar sector for now. Therefore, pricing is the key. The government
estimates that ethanol supply of around 150 crore litres in 2017-18 could save
foreign exchange worth over Rs.4,000 crore. The production of biofuels from
agricultural waste, it is hoped, will also help curb atmospheric pollution by
giving farmers an incentive not to burn it, as is happening in large parts of
northern India.
But policy should not get
ahead of technological and financial feasibility — and options should be
realistically laid out for farmers. There is also a need for caution in using
surplus foodgrain to produce ethanol. And while removing the shackles on raw material
supply can have definite benefits, it cannot make a significant difference to
biofuel production as long as the supply-chain infrastructure that is required
to deliver biofuels to the final consumer remains inadequate. To address this
issue, the new policy envisages investment to the tune of Rs.5,000 crore in
building bio-refineries and offering other incentives over the next few years.
The government should also take steps to remove policy barriers that have
discouraged private investment in building supply chains. Until that happens,
India’s huge biofuel potential will continue to remain largely untapped.
Vocabulary
Pressure: the use of persuasion,
influence, or intimidation to make someone do something.
Example: The proposals put pressure
on Britain to drop its demand
Synonyms: coercion, force, compulsion, constraint, duress, pestering
Discourage: cause someone to lose
confidence or enthusiasm.
Example: I don't want to discourage
you, but I don't think it's such a good idea
Synonyms: dishearten, dispirit, demoralize, cast
down, depress, disappoint
Tender: showing gentleness and
concern or sympathy.
Example: He was being so kind and
tender
Synonyms: caring, kind, kindly, kindhearted, softhearted, tenderhearted
Attractive: pleasing or appealing
to the senses.
Example: An attractive home
Remunerative: financially rewarding;
lucrative.
Example: Highly remunerative
activities
Synonyms: lucrative, well-paid, financially
rewarding, profitable
Estimates: an approximate
calculation or judgment of the value, number, quantity, or extent of something.
Example: At a rough estimate, our
staff is recycling a quarter of the paper used
Synonyms: rough
calculation, approximation, estimation, rough guess
Curb: a check or restraint
on something.
Example: Curbs on the powers of labor
unions
Synonyms: restraint, restriction, check, brake, rein, control, limitation
Surplus: more than what is
needed or used; excess.
Example: Make the most of your
surplus cash
Synonyms: excess, leftover, unused, remaining, extra, additional
Inadequate: lacking the quality or
quantity required; insufficient for a purpose.
Example: These labels prove to be
wholly inadequate
Synonyms: insufficient, deficient, poor, scant, scanty, scarce, sparse
Barrier: a fence or other
obstacle that prevents movement or access.
Example: However, he told council he
would like to protect the fence with barriers , to prevent vehicle operators
from accidentally running into the fence.
Synonyms: fence, railing, barricade, hurdle, bar, blockade, roadblock
