Time for Plan B for energy security?

INDIA – The recent foreign policy debates are largely centred on our future energy needs. Frenetic economic diplomacy to secure nuclear power generation oil and gas contracts, and laying pipelines on the east as well as the west to transport fossil fuels, are certainly of value in the short and medium term. Long-term supply contracts and investments in exploration in oil-rich countries will give us some leverage. But we need to plan for the future with clarity in an integrated manner.

Let us look at the bigger picture to understand the threats to our energy security. A recent book

Brown points out that we are very close to peak oil production and,