The paper has two objectives. One, to analyse the pattern of energy usage in India and the implications thereof for carbon emission; two, to examine whether pricing and taxation policies have any role to play in mitigating carbon emissions. It is shown that the pattern of energy usage exhibits a shift towards non-coal based energy products. It also suggests that the reduction in carbon emissions is not sufficient to warrant the use of carbon taxation for mitigating emissions. [NCAER WP 96].
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