Scientific predictions on Future availability of natural resources - Oil/Fuel :
- By 2022, get ready to pay Rs.720+ per litre of petrol and Rs.200+ per litre of diesel and consequential increase in transport and cascading effect on prices of all commodities.
- By 2050, substantial national foreign exchange reserve will be spent for purchase of fossil fuel
- By 2070, with business as usual, world oil reserve gets depleted by almost half
- By 2080, India's coal reserves (40 per cent efficient) would be drastically uneconomical
In the light of these predictions, can the world afford to use/misuse milions of barrels of fossil fuel/processed aviation and other fuels for such costly shows like Air Show and Motor Races etc., that do not have class action? It is better if there is ban on such shows meant for entertainment of a miniscule of populace and save outgo of precious foreign exchange, reduce burden on the economy of our developing nation.
Vasanthkumar Mysoremath
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