The potential benefits on various frontsfrom fiscal to health and employmentcould be game-changing
A recent report by the World Health Organization revealed that 14 of the 20 most polluted cities in the world are in India. Emissions from the transportation sector contributed significantly to India’s pollution levels. As per the Union ministry of environment, forest and climate change’s estimates, the sector emitted about 188 MT of CO2 till 2010; road transport alone contributed to 87% of the emissions. This sector is also a large consumer of oil. India’s current oil import dependency is about 80%. According to the Petroleum Planning and Analysis Cell, diesel and petrol contribute to about 40% and 13% of oil consumption, respectively. The cell estimated, in 2014, that 70% of diesel and 100% of petrol demand was from transportation.