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The Dialectics

India’s Surging Oil Demand shows Its energy story is not a binary “oil vs. renewables” one

India's oil demand is all set to increase in the coming years.

India has entered a perplexing energy decade. On the one hand, it is now the world’s largest source of incremental oil demand until 2030; on the other, it is one of the most ambitious growing economies in terms of clean energy ambitions, ranging from green hydrogen to EV buses. Walking this tightrope, energy security today and decarbonization tomorrow, will influence India's economy, trade balance, and geopolitical leverage over the next two decades. Recent forecasts accurately represent the strain....

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