By 2030, the global middle-class population is assessed to develop by more than 70 percent – from three billion to above five billion people worldwide. Developing countries like India and China will be at the centre of this growth, with both evaluated to house one billion middle-class nationals each. Additionally, projections propose that global Gross Domestic Product (GDP) will double in this period, and India’s per capita GDP is likely to increase, despite the fact that it will remain at less than half of that of China’s. Such quick growth will come with a parallel increase in the buying power and energy, and a number of small towns and cities will convert into industrial centres and business hubs to provide to the growing demand for consumables in the changing scene.

Obviously, a bigger amount of energy will be needed to fuel this urbanization. More and more homes will become air-conditioned and a larger number of homes will get electrified, and thus there will be more demand for consumer goods like appliances and automobiles like never before. This entry to modern energy is likely to improve nature of living, raise life expectation, decrease poverty, and assist higher levels of education.

According to estimation, by 2040, global energy demand will increase by an astounding 25 percent. A big part of this demand will be generated in India and China where utilization of energy is estimated to increase by 40 percent to fulfill the changing requirements of the population and maintain extensive development.

But, in developing countries, this development will come at a higher cost to the environment which is by now struggling to support the growing population and uncontrolled expansion of cities, especially in developing nations.

Industries are the major polluters

Developing countries like India should bring a balance between supplying reasonable energy to its citizens and decreasing its resulting ill-effects on the environment. The energy sector is the major source of GHG discharges worldwide, and it is one of the main reasons of climate change. Countries all over the world are getting closer to reduce the global average temperature increase to 1.5 degrees above pre-industrial levels.

This rising alertness has brought in a global call for conscious acts. Individuals all over the globe are trying to do their bit by making simple alterations in day-to-day activities.

The industrial sector plays a major role in altering the damage being caused by climate change through modernizations in materials and systems used. The processes and choices should be switched for options which are more energy proficient and lessen our carbon path.

Additionally, it is equally important to focus on small business for example, the right choice of lubricants.

Changing to low-carbon solutions

Lubricants are necessary to fulfill different needs. They help reduce friction and heat, increasing machine life by reducing wear and tear and the effect of excessive temperatures on machines. By using a right kind of lubricant, industries can reduce the impact of harmful pollutants like CO2 that are discharged into the air and simultaneously enhance the life of the machines and also productivity.

The energy efficacy differs from lubricant to lubricant and every option would offer different savings on the overall energy bill. It is vital to calculate the savings in both the energy consumption and secondary savings in carbon footprint in a controlled environment to get precise results.

The lubricants provide many other benefits including economy in energy bills. For example, well lubricated machines use less energy, causing big savings on operating costs and increased profits.

Fuel for the coming years

According to a research, conducted by ExxonMobil, EVCO plastics and Focus, on energy, explained how a lubricant can offer major energy and financial savings.

A related saving was reported by Apollo Tyres. It has secured higher efficiency for their Cracker Mill gearbox lubrication systems after making a change from conventional mineral gear to ExxonMobil’s Mobil SHC 634.

The alter in lubricant, maintained by the ExxonMobil Engineering Support team, cut down oil drain intervals and enhanced the reliability of the machinery, growing the energy efficiency by 2.6 percent. This brought about in cost savings of US$ 4,160.