Sun rays, sea water may be tax source in the future when fossil fuel becomes extinct

By O.J.George

For every government, getting some quick bucks by way of tax on the most consumed item is a priority.

It would dole out figures of mounting non-plan expenditure, escalation in standard of living caused by pay revision, pension and what not for cornering the levy.

No doubt, the non-plan expenditure is on the rise, but nobody takes cognizance of the losses on account of mismanagement in various spheres.

Fuel price hike in the form of enhancement of excise duty or sheer increase in administered prices directly (that is also on the way) affects everyone.

Even the poorest of the poor is hit on account of intrinsic escalation of prices of essential commodities fomented by huge transportation costs.

All the same, fuel is the easiest item on which the tax master wields his stick as it yields thousands of crores of rupees. There may be jugglery in figures as well. No one may know the exact amount realised.

An education cess can be levied, railway safety fund can be realised on every litre of petrol and diesel.

Nitish Kumar, when he was the railway minister, collected cess on fuel and rightly kept a separate fund for railway safety operations.

When Lalu Prasad Yadav became Railway Minister he simply cornered the amount for general expenses wiping out the separate account for safety. He was bandied about as the efficient railway minister on account of the bounty he got from the safety fund.

Now the future of fossil fuel on planet Earth is bleak. It may last for a couple of decades and become extinct.

By then, hydrogen fuel , solar energy etc may be the captains of the energy sector. Finance Ministers may charge tax on every Sun ray.

Sea water ( H2O) may be utilised for extracting hydrogen for fuelling vehicles.

Now we are scouting for some kind of fossil fuel from beneath the so-called ice sheets lying dormant in caves on the Moon. There the Sunrays cannot reach the ice sheets.

Otherwise, milling one tonne of Moon soil (not at all areas) may yield one litre of water, scientists now say.

We are hoping to bring back lithium and other rare elements to Earth to energise us. At the same time, it would be interesting to note that the scientists wait for an opportune moment when there would be no rain or storm to send out a rocket from the atmosphere of Earth. The elements cannot be tamed easily.

Next generation tax could therefore be on Sunrays and sea water, before the-then government imposes import duty on lithium and other rare elements from Moon.