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Can India grow and live within a 1.5 degree CO2 emissions budget?

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  • Parikh, Kirit S.
  • Parikh, Jyoti K.
  • Ghosh, Probal P.

Abstract

The world of 1.5 degree C requires a global compact and action. Assuming that a fair allocation of global emissions space is made, the question arises can India live within that space? What kind of technological innovations are needed to make it possible? What would be the consequences of such a path for human welfare in India? The model has 25 goods and services and 38 alternative production activities reflecting different technologies to produce these goods or services. The model provides for social welfare measures by the government. The paper explores the consequences of different technological futures and policy regimes using a multi-sectoral inter temporal dynamic optimizing model with endogenous demand. With endogenous income distribution and 20 different consumer classes effects of heterogeneity are accounted. Reductions in costs of renewable power and batteries are stipulated based on projections by various researchers. Also targets for energy efficiency are based on past experience. The scenarios show the importance of technical progress for India can meet its human development goals within a fair emission limit.

Suggested Citation

  • Parikh, Kirit S. & Parikh, Jyoti K. & Ghosh, Probal P., 2018. "Can India grow and live within a 1.5 degree CO2 emissions budget?," Energy Policy, Elsevier, vol. 120(C), pages 24-37.
    • Handle: RePEc:eee:enepol:v:120:y:2018:i:c:p:24-37
    DOI: 10.1016/j.enpol.2018.05.014
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    Cited by:

    1. Nirvikar Singh, 2022. "India’s Strategy for Achieving Net Zero," Energies, MDPI, vol. 15(16), pages 1-11, August.
    2. Laha, Priyanka & Chakraborty, Basab & Østergaard, Poul Alberg, 2020. "Electricity system scenario development of India with import independence in 2030," Renewable Energy, Elsevier, vol. 151(C), pages 627-639.
    3. Ali, Muhammad Rizwan & Shafiq, Muhammad, 2021. "Revealing expert perspectives on challenges to electricity Demand-Side Management in Pakistan: An application of Q-Methodology," Utilities Policy, Elsevier, vol. 70(C).
    4. Parikh, Kirit S., 2020. "019," Ecology, Economy and Society - the INSEE Journal, Indian Society of Ecological Economics (INSEE), vol. 3(02), July.
    5. Akshay Jaitly & Ajay Shah, 2021. "The lowest hanging fruit on the coconut tree: India's climate transition through the price system in the power sector," Working Papers 9, xKDR.
    6. Aritra Ghosh, 2020. "Soiling Losses: A Barrier for India’s Energy Security Dependency from Photovoltaic Power," Challenges, MDPI, vol. 11(1), pages 1-22, May.
    7. Ritu Mathur & Swapnil Shekhar, 2020. "India’s energy sector choices—options and implications of ambitious mitigation efforts," Climatic Change, Springer, vol. 162(4), pages 1893-1911, October.

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