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China and India in Energy Sphere: A Comparative Overview, Challenges and Scope for Cooperation

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  • Varinder Jain

    (Varinder Jain, Assistant Professor, Institute of Development Studies, Jaipur, India. E-mail: vjain2007@gmail.com)

Abstract

While understanding the current situation and the nature of pervading challenges, this article explores the scope for mutual cooperation between the Asian giants, namely, China and India, in the sphere of energy. It brings out that the two economies are heavily dependent on coal and the oil dominance remains largely irreplaceable. Similarly, the consumption of natural gas has been gaining significance. But, the renewable resources are not adequately harnessed. With regard to major challenges, the article notes the widespread incidence of energy poverty and inequality. There prevails a high level of energy inefficiency. Assured long-run supply of hydrocarbons remains the concern and the pace of harnessing renewable energy sources is slow. The article finally examines the scope for mutual cooperation by locating various areas within the energy sector.

Suggested Citation

  • Varinder Jain, 2014. "China and India in Energy Sphere: A Comparative Overview, Challenges and Scope for Cooperation," Millennial Asia, , vol. 5(2), pages 219-237, October.
    • Handle: RePEc:sae:millen:v:5:y:2014:i:2:p:219-237
    DOI: 10.1177/0976399614541194
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    References listed on IDEAS

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    1. Gupta, Eshita, 2008. "Oil vulnerability index of oil-importing countries," Energy Policy, Elsevier, vol. 36(3), pages 1195-1211, March.
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    Cited by:

    1. Jain, Varinder, 2016. "Asian Giants' Fossil Fuel Dependence and the Challenge of Low Carbon Growth: Contrasting Performance of Clean Energy Development, Trade and Investment," MPRA Paper 75121, University Library of Munich, Germany.
    2. Varinder Jain, 2019. "Fossil Fuels, GHG Emissions and Clean Energy Development: Asian Giants in a Comparative Perspective," Millennial Asia, , vol. 10(1), pages 1-24, April.

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