India’s Traditional Power Sources on Razor Edge of Supply

India’s Traditional Power Sources on Razor Edge of Supply

Posted: 02 May 2012 04:01 PM PDT

The biggest economic story of the 21st century has been the dramatic emergence in the last decade of the “BRICs” – Brazil, Russia, India and China.Their dramatic emergence onto the world’s global economic stage has produced a middle class in all BRIC countries, whose growing clout wants reliable 24/7 power. The Russian Federation is awash in oil and natural gas, Brazil after the 1973 oil embargo developed ethanol alternatives and last year became an oil exporter, which leave energy and resource-starved China and India scrabbling…

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