CURRENT AFFAIRS

Detailed explanation-1: -Sunil Kumar: “ Biofuel Day is like a pit stop for all of us to stop and look back to the year and see what we have done and how much progress we have made.” The session began with an address by Sunil Kumar, Joint Secretary, Ministry of Petroleum & Natural Gas.

Detailed explanation-2: -The theme for this year’s World Biofuel Day is ‘Biofuels for Sustainability and Rural Income’.

Detailed explanation-3: -World Biofuel Day is observed every year on 10th August to create awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels and to highlight the various efforts made by the Government in the biofuel sector.

Detailed explanation-4: -The policy has the objective of reaching 20% ethanol-blending and 5% biodiesel-blending by the year 2030. Among other things, the policy also expands the scope of feedstock for ethanol production and has provided incentives for the production of advanced biofuels.

Detailed explanation-5: -The United States is by far the largest producer of biofuel in the world, accounting for nearly. The country is a major producer of biodiesel, with that year’s production amounting to 1.64 billion gallons.