Though the impact of climate change will most likely be greatest with the already poor and vulnerable populations in the developing world, much of the writing about the costs and benefits of different policies to reduce greenhouse gas (GHG) emissions is by Western scholars, working in advanced industrialized economies. Drawing the majority of its contributions from authors based at Indian universities and other research centers, India and Global Climate Change provides a developing world perspective on the debate. With a population of over one billion, and an economy that is undergoing substantial restructuring and greatly increased economic growth after a number of years of stagnation, India has an exceptional stake in the debate about climate change policy. Using the Indian example, this volume looks at such policy issues as the energy economy relationships that drive GHG emissions; the options and costs for restricting GHG emissions while promoting sustainable development; and the design of innovative mechanisms for expanded international cooperation with GHG mitigation.
Table of Contents
Preface, Michael Toman Introduction, Michael Toman Part I: Economic Drivers of Greenhouse Gas Emissions in India Future Energy Trends and GHG Emissions for India, P.R Shukla, Debyani Ghosh and Amit Garg Developmental Sustainability Implications of the Economic Reforms in the Energy Sector of India, Ramprasad Sengupta and Manish Gupta Economic Policy Reforms in India: Implications for Energy Consumption, Subir Gokarn Some Issues in GHG Emissions from the Informal Energy-Using Sector: Evidence from India, Gautam Gupta Endogenous Substitution of Energy Resources: Theory and Application to the Indian Energy Sector, Ujjayant Chakravorty Part II: Options for Greenhouse Gas Mitigation in India Policies For Carbon Abatement In The Presence Of Regulatory Distortions: The Electricity Generating Sector In India, Madhu Khanna Carbon Sequestration in Indian Forests: Potential and Incremental Costs, Haripriya S. Gundimeda Evaluating Greenhouse Gas Control Strategies for India Using Multi-Criteria Approaches, R. Ramanathan Energy Economy Model Applications for India: Long-term GHG Trends and Mitigation Costs, P.R. Shukla and Ashish Rana Incentive-Based Approaches for Mitigating Greenhouse Gas Emissions: Issues and Prospects For India, Shreekant Gupta Part III: International Climate Policy Strategic Analysis of International Climate Negotiations, Sudhir Shah The Kyoto Protocol and Developing Countries: Strategy and Equity Issues, Parkash Chander Allocation of GHG Emissions - An Example of Short Term and Long term Criteria, Sujata Gupta and Preety M Bhandari Clean Development Mechanism: Issues and Options, P.G. Babu, K.S. Kavi Kumar and Bibhas Saha Part IV: Conclusions India‘s Efforts to Minimise GHG Emissions: Policies, Measures and Institutions, Jyoti Parikh Global Climate Change: Indian perspective revisited and restated, R.K. Pachauri Appendix A Brief Note on Climate Change Impacts on India, K.S. Kavi Kumar
Michael A. Toman is a senior economist at the Inter-American Development Bank and a former fellow at Resources for the Future. Ujjayant Chakravorty is an associate professor of economics at Emory University. Shreekant Gupta is a postdoctoral fellow at Massachusetts Institute of Technology (MIT) and an associate professor at the Delhi School of Economics, University of Delhi.
'An important, original contribution to the literature on the economics of climate change policy in general and with respect to India and developing countries in particular.' Adam Z. Rose, Pennsylvania State University