Energy Consumption Response to Climate Change under Globalization: Options for India
AbstractThe problem of mitigating climate change has continued to dominate public debates in terms of its origin, sources, potential impacts and possibly adaptation strategies. In this paper, the contributions of energy to the climate change debate are explored. The analysis based on the secondary information shows that the global use of fossil fuels has increased and dominated world energy consumption and supply. This case is quite similar to Indian case and the emissions in Indian are also increasing. To account for the change in CO2 emission, we have followed index decomposition analysis using data from the PROWESS database of the Center for Monitoring Indian Economy. Two factors are considered to account for the changes in emission intensity of Indian economy, namely, (1) output shift among three sectors of the India economy (Agriculture, Service and Manufacturing) and (2) the structural change based on the aggregate output change with respect to the emissions change for the post globalised period. Based on the estimates we found that the structural change in Indian economy from 1991-2007 plays a major role in reducing emission as compared to the output shifts across the sectors. Based on the findings and international experiences, few policy options for Indian case such as; energy pricing reforms, promoting investment in renewable energy technologies and creating public environmental awareness are suggested.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36366.
Date of creation: 2012
Date of revision:
Emission; Energy Consumption; Climate Change; Post-Globalization; Policy Instruments;
Find related papers by JEL classification:
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-20 (All new papers)
- NEP-ENE-2012-02-20 (Energy Economics)
- NEP-ENV-2012-02-20 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cao, Xia, 2003. "Climate change and energy development: implications for developing countries," Resources Policy, Elsevier, vol. 29(1-2), pages 61-67.
- Quadrelli, Roberta & Peterson, Sierra, 2007. "The energy-climate challenge: Recent trends in CO2 emissions from fuel combustion," Energy Policy, Elsevier, vol. 35(11), pages 5938-5952, November.
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