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• According to ‘Indian Oil Market Outlook to 2030’ report by International Energy Agency released at the India Energy Week 2024 in Goa, India would become the largest source of global oil demand growth by 2030, while growth in developed economies and China initially would slow and subsequently reverse. • Urbanisation, industrialisation, emergence of a wealthier middle-class keen on mobility and tourism and efforts to improve access to clean cooking, would spur expansion in oil demand. • India is on track to post an increase of almost 1.2 mb/d (million barrels/day), accounting for more than one-third of the projected 3.2 mb/d global gains, to reach 6.6 mb/d by 2030. • Massive industrial expansion would see diesel continuing to remain the single largest source of oil demand growth, accounting for almost half of the rise in India’s demand and more than one-sixth of total global oil demand growth through to 2030. • Jet kerosene demand is set to grow at about 5.9% per year on an average, but from a low base compared with other countries. • Gasoline would grow by 0.7% on average, as electrification of the vehicle fleet dampens demand. Learn Along: About Interntional Energy Agency • The IEA was founded in 1974 to ensure the security of oil supplies. •The IEA’s founding members were Austria, Belgium, Canada, Denmark, Germany, Ireland, Italy, Japan, Luxembourg, The Netherlands, Norway, Spain, Sweden, Switzerland, Türkiye, United Kingdom, and the United States. • In 2021, the IEA published Net Zero by 2050: A Roadmap for the Global Energy Sector, setting out a narrow but achievable pathway for the global energy sector to reach net zero emissions by mid-century, and establishing a benchmark for national and international climate goals in line with the Paris Agreement target of limiting global temperature rise to 1.5C. • Executive Director: Dr Fatih Birol
The use of tensiometer is confined up to metric potential of!
The comprehensive system of soil classification is popularly known as
In which type of tillage 15-30% residue left on the soil surface?
GIAHS stands for:
The fall armyworm ( Spodoptera frugiperda ) is a pest that feeds in large numbers on leaves and stems caused major damage recently to the crop of
Which of the following statement is not true about WhatsApp?
Hue denotes:
The final product of maillard reaction is
Linseed is generally grown during ___________________ season in India.
According to Basic Animal Husbandry Statistics 2023, total milk production in the country during 2022-23 is estimated to be _____
