Given the severity of our energy crisis, the recommendations that cropped up at the conference did not do much to inspire confidence. Once again, instituting daylight savings was suggested, as were other stopgap measures like two-day weekends. These are ideas that have been tried, and failed simply because they are little more than public-relations exercises meant to convince the public that the government is trying to do something to alleviate their misery. Similarly, calling for greater foreign investment in our nascent energy industry is not a solution but a pipe-dream, especially considering the law-and-order situation and the Balochistan High Court ruling on the Reko Diq project, both of which would scare off any potential investors from abroad.
The truth is, there is very little that can be done to solve our energy crisis. Pleas for conservation and reduction in power usage tend to fall on deaf ears. There is only one way to reduce the demand for power, and that is by reducing the subsidy on it. This will lead to a painful increase in prices throughout the economy but given the perilous financial situation of our government and the high demand for petroleum products, it has now become unavoidable. In the long run, Pakistan has to develop its own sources of energy. New gas fields and coal mines have to be found and tapped. Above all, solar and wind power need to be heavily invested in as an environmentally-friendly alternative.
Published in The Express Tribune, April 13th, 2011.
COMMENTS (3)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ