Farmers in India are being encouraged to sell their crop waste rather than burn it to help accelerate progress on curbing fires that spread a deadly, choking smog across key cities.
Smoke from the burning of crop stubble lingers over most of north India for weeks during the cold months of November and December, with air quality deteriorating to hazardous levels in several areas, including the capital, New Delhi.
BiofuelCircle, a start-up based in the western Indian city of Pune, is attempting to connect farmers with companies that can turn the waste into briquettes to be burned in power stations, or ethanol for blending with liquid fuels.
Photo: Reuters
“The environmental issues due to crop residue burning are mainly because of the inefficiency of the supply chain,” BiofuelCircle founder Suhas Baxi said. “The business case for building a stable and reliable supply chain is very solid.”
India wants to convert its 209 million tonnes of annual farm waste and massive piles of kitchen refuse into energy to help reduce fuel imports and improve air quality. If there was sufficient demand and infrastructure, using the country’s entire supply of crop waste for bio-energy could generate as much as IS$50 billion in annual revenue, Baxi said in an interview.
However, progress has been slow. The lack of a reliable supply chain — from timely procurement, to storage, processing plants and finally a market for the products — has meant that farmers continue to burn most of their crop residue.
Barely 20 to 30 percent of farm waste is harnessed, mostly for lower-value products such as briquettes for blending with coal for use in industrial boilers, Baxi said.
“We don’t have the ability to absorb what the farmer is able to give,” he said. “There’s need for mechanization, there’s need for huge storage capacities. There’s investment required in supply chain and that investment will not only solve the problems at hand, but create a bigger opportunity.”
A market for more products including biodiesel, sustainable aviation fuel and compressed biogas is still in its infancy, although there has been some progress. The ethanol percentage of retail gasoline has increased to about 10 percent from just 1.4 percent in 2014, when Indian Prime Minister Narendra Modi started his first term in office.
Modi’s government has also been supportive of tackling stubble burning, offering subsidies to buy machinery to gather crop residue and setting mandates for coal plants to use at least 5 percent biomass.
SECOND-RATE: Models distilled from US products do not perform the same as the original and undo measures that ensure the systems are neutral, the US’ cable said The US Department of State has ordered a global push to bring attention to what it said are widespread efforts by Chinese companies, including artificial intelligence (AI) start-up DeepSeek (深度求索), to steal intellectual property from US AI labs, according to a diplomatic cable. The cable, dated Friday and sent to diplomatic and consular posts around the world, instructs diplomatic staff to speak to their foreign counterparts about “concerns over adversaries’ extraction and distillation of US AI models.” Distillation is the process of training smaller AI models using output from larger, more expensive ones to lower the costs of training a powerful new
Shares of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) have repeatedly hit new highs, but an equity analyst said the stock’s valuation remains within a reasonable range and any pullback would likely be technical. The contract chipmaker’s historical price-to-earnings (P/E) ratio has ranged between 20 and 30, Cathay Futures Consultant Co (國泰證期) analyst Tsai Ming-han (蔡明翰) told Central News Agency. With market consensus projecting that TSMC would post earnings per share of about NT$100 (US$3.17) this year, supported by strong global demand for artificial intelligence (AI) applications, and the stock currently trading at a P/E ratio of below 25, Tsai said the valuation
The artificial intelligence (AI) boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one. With its stock market now valued at nearly US$4.3 trillion, Taiwan surpassed the UK, Europe’s biggest market, earlier this month, data compiled by Bloomberg showed. South Korea is about US$140 billion away from doing the same. The tech-heavy Asian markets have shot past Germany and France in the past seven months. The shift is largely down to massive gains in shares of three companies that provide essential hardware for AI: Taiwan Semiconductor Manufacturing Co (TSMC, 台積電),
The US Department of Commerce last week ordered multiple chip equipment companies to halt shipments of certain tools to China’s second-largest chipmaker, Hua Hong Semiconductor Ltd (華虹半導體), its latest action to slow the country’s development of advanced chips, two people familiar with the matter said. The department sent letters to at least a handful of companies informing them of restrictions on tools and other materials destined for two Hua Hong facilities US officials believe make China’s most sophisticated chips, the people said. Top US chip equipment companies Lam Research Corp, Applied Materials Inc and KLA Corp, each of which has significant