Noisy Mumbai Car Lots Show How India Is Becoming Oil’s New Star
- India FY16 gasoline sales up 14.5%, diesel sales rise 7.5%
- Passenger vehicle sales likely to grow 8% in FY17: SIAM
To go with Climate-warming-UN-COP21-India,FOCUS by Trudy Harris In this photo taken on October 15, 2015, a stream of cars backs up on an exit to a highway in New Delhi. India's capital, with 18 million residents, has the world's most polluted air with six times the amount of small particulate matter (pm2.5) than what is considered safe, according to the World Health Organization (WHO). The air's hazardous amount of pm2.5 can reach deep into the lungs and enter the blood, causing serious long term health effect, with the WHO warning India has the world's highest death rate from chronic respiratory diseases. India, home to 13 of the world's top 20 polluted cities, is also the third largest emitter of greenhouse gases behind the United States and China. In Delhi, the air pollution is due to vehicle traffic including cargo trucks running on low-grade diesel, individual fires that residents burn in winter, crop being burnt by farmers in neighboring states, and construction site dust. Burning coal in power plants is also major contributor that is expected to increase hugely in the coming decades to match electricity needs of the ever-growing city and its booming satellite towns. AFP PHOTO / ROBERTO SCHMIDT (Photo credit should read ROBERTO SCHMIDT/AFP/Getty Images)
Photographer: ROBERTO SCHMIDT/AFP/Getty ImagesInvestors looking for a break from the doom and gloom of the past two years in the oil market need only turn to a hot, noisy lot in Mumbai.