Rising demands of new middle class will be explosive in emerging nations, says new study
India needs to put in place a smart policy to ensure energy efficiency as it urbanises and builds infrastructure rapidly, a top executive of global oil and gas firm Shell says. “A probably biggest social phenomenon of our age is urbanisation, and the way urban centres are structured have huge impact on energy efficiency,” Jeremy Bentham, VP, global business environment, at Royal Dutch Shell, told ET at the launch of Shell’s new study on the future of energy sector.