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Sustainable development and low carbon growth strategy for India

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  • Parikh, Kirit

Abstract

For India, sustainable strategy means one that is economically, environmentally and socially sustainable. This calls for rapid economic growth to deal with poverty and human development. However, the relatively meagre energy resources of the country pose a huge challenge. At the same time concern for climate change has raised the bar on the use of the one energy resource that India has in some abundance, namely coal. India's strategy for sustainable development has to explore all options of reducing energy needs, enhancing efficiency of use of conventional energy resources and develop new and renewable sources. The paper identifies various technical options, their potential roles and alternative policy measures to realize them in a cost effective manner. Even for the same objectives different policy instruments are available and how one chooses a particular instrument is often critical for the success. Self-implementing incentive compatible policy that does not create vested interests that would get entrenched should be preferred.

Suggested Citation

  • Parikh, Kirit, 2012. "Sustainable development and low carbon growth strategy for India," Energy, Elsevier, vol. 40(1), pages 31-38.
    • Handle: RePEc:eee:energy:v:40:y:2012:i:1:p:31-38
    DOI: 10.1016/j.energy.2012.01.013
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    1. Pillai, Indu R. & Banerjee, Rangan, 2009. "Renewable energy in India: Status and potential," Energy, Elsevier, vol. 34(8), pages 970-980.
    2. Gielen, Dolf & Taylor, Peter, 2009. "Indicators for industrial energy efficiency in India," Energy, Elsevier, vol. 34(8), pages 962-969.
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    6. Shankar, Ravi & Pathak, Devendra Kumar & Choudhary, Devendra, 2019. "Decarbonizing freight transportation: An integrated EFA-TISM approach to model enablers of dedicated freight corridors," Technological Forecasting and Social Change, Elsevier, vol. 143(C), pages 85-100.
    7. Choudhary, Devendra & Shankar, Ravi, 2012. "An STEEP-fuzzy AHP-TOPSIS framework for evaluation and selection of thermal power plant location: A case study from India," Energy, Elsevier, vol. 42(1), pages 510-521.
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    10. Muslima Zahan, 2021. "Sustainable Strategy to Sustainable Business: An Empirical Analysis on Energy-Efficient Light Bulb," Sustainability, MDPI, vol. 13(24), pages 1-17, December.
    11. Youngho CHANG & Yanfei LI, 2014. "Non-renewable Resources in Asian Economies: Perspective of Availability, Applicability Acceptability, and Affordability," Working Papers DP-2014-04, Economic Research Institute for ASEAN and East Asia (ERIA).
    12. Gupta, Dipti & Ghersi, Frédéric & Vishwanathan, Saritha S. & Garg, Amit, 2019. "Achieving sustainable development in India along low carbon pathways: Macroeconomic assessment," World Development, Elsevier, vol. 123(C), pages 1-1.
    13. Mohd Irfan & Bamadev Mahapatra & Raj Kumar Ojha, 2021. "Examining the effectiveness of low-carbon strategies in South Asian countries: the case of energy efficiency and renewable energy," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(8), pages 11936-11952, August.
    14. Aklin, Michaël & Bayer, Patrick & Harish, S.P. & Urpelainen, Johannes, 2015. "Quantifying slum electrification in India and explaining local variation," Energy, Elsevier, vol. 80(C), pages 203-212.
    15. Prasad, Mousami & Mishra, Trupti, 2017. "Low-carbon growth for Indian iron and steel sector: exploring the role of voluntary environmental compliance," Energy Policy, Elsevier, vol. 100(C), pages 41-50.
    16. Yiming Liu & Sunhee Suk, 2021. "Constructing an Evaluation Index System for China’s Low-Carbon Tourism Region—An Example from the Daxinganling Region," Sustainability, MDPI, vol. 13(21), pages 1-12, October.
    17. Gambhir, Ajay & Napp, Tamaryn A. & Emmott, Christopher J.M. & Anandarajah, Gabrial, 2014. "India's CO2 emissions pathways to 2050: Energy system, economic and fossil fuel impacts with and without carbon permit trading," Energy, Elsevier, vol. 77(C), pages 791-801.

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