• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

The article "Railways may earn carbon credits from bio-diesel project" (Business Line, March 23) is a shot in the arm for the Indian Railways as the use of biodiesel will reduce dependence on foreign oil, which, in turn, will lead to savings in valuable foreign exchange.

Moreover, the use of jatropha oil-diesel mix will contribute to the reduction of greenhouse gases which are responsible for global warming, besides selling those carbon credits for revenue gains to big utility companies in the US and EU.

The Jatropha plantation will also act a carbon sink.

Hence, switching to alternative fuels such as biodiesel and gasohol provide multiple benefits of energy security, revenue gains and emission reductions.

C. Sasidhar

Chennai

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

More Stories on : Letters | Non-conventional Energy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
RBI comes swinging

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line