Energy Security Current Affairs - 2020
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The President of Brazil, Mr Jair Bolsonaro visited India to take part in Republic Day celebrations. During his visit, the countries signed several agreements. Alongside, the fifth session of India-Brazil Trade monitoring mechanism was also held. President Bolsonaro was accompanied by a huge business delegation. They will hold several meetings with their Indian counterparts during the India-Brazil Business Forum that is to be held in 27, January, 2020.
The countries signed agreements on trade, cyber security, information technology. The countries have set target to increase bilateral trade to 15 billion USD by 2022.
Animal Husbandry is the new area over which the countries have identified potential cooperation. This is mainly due to the common genetic heritage between the countries.
The countries agreed to address the issue of sugarcane bilaterally. The issue was raised by Brazil at WTO complaining India is extending support to local sugarcane growers. According to WTO, Most Favoured Nation status should be awarded by the members to every other member. This will exclude special tariff and also exclude restriction on imports and exports helping to increase trade globally.
Tags: bilateral trade • Business and Economy • Energy Security • India-Brazil • India-WTO
On January 10, 2020, Bureau of Energy Efficiency (BEE) launched the State Energy Efficiency Index, 2019 in association with Alliance for Energy Efficient Economy. The report was prepared considering the basic energy requirements such as coal, electricity, gas and oil. The report tracks the progress of Energy Efficiency initiatives in 36 states and Union Territories.
Karnataka, HP, Haryana and Puducherry were the best performers according to the report. Manipur, Jharkhand, Rajasthan and Jammu and Kashmir were the least performers.
The index has been developed based on quantitative, qualitative and outcome-based indicators. The outcomes of 5 distinct sectors were studied namely industry, buildings, transport, municipalities, Discoms and agriculture.
This year, BEE has included Energy Conservation Building Code as one of its indicators.
Energy Conservation Building Code
The code was developed by BEE under the guidance of United States Agency for International Development. The code aims at promoting energy efficiency in the building sector.
The first such Index in the country was released in August 2018. The index will help states in their contribution towards energy security and climate action. It help the states track their progress.
Suggestions of the report
The states should shift their focus from “policies in place” to “policies successfully implemented”. They should aim at strengthening data capture mechanism. The states should also aim at integrating programmes that have direct or indirect links with consumers.