IDEAS home Printed from https://ideas.repec.org/a/sae/globus/v8y2007i2p237-250.html
   My bibliography  Save this article

India's Business Prospects in the Global Emissions Market

Author

Listed:
  • U. Kalpagam

    (U. Kalpagam is Professor, G. B. Pant Social science Institute, Allahabad-211019. E-mail: kalpagam77@rediffmail.com.)

  • Karimullah

    (Karimullah is Research Scholar, G. B. Pant Social Science Institute, Allahabad-211019.)

Abstract

This article examines business opportunities for India in the global emissions market. It acknowledges that while many have been critical of outsourcing emissions reduction to developing countries, it nevertheless provides scope to introduce environmentally conducive technologies in industrial processes; thereby reducing greenhouse gas (GHG) emissions, and in adopting sustainable development practices through developing carbon sink projects. It suggests the scope and role of business managers to stimulate projects under Clean Development Mechanism (CDMs) as part of the Kyoto Protocol, as also projects under joint initiatives for the voluntary carbon market.

Suggested Citation

  • U. Kalpagam & Karimullah, 2007. "India's Business Prospects in the Global Emissions Market," Global Business Review, International Management Institute, vol. 8(2), pages 237-250, December.
    • Handle: RePEc:sae:globus:v:8:y:2007:i:2:p:237-250
    DOI: 10.1177/097215090700800204
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/097215090700800204
    Download Restriction: no
    File URL: https://libkey.io/10.1177/097215090700800204?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Zhang, Zhong Xiang, 1999. "International greenhouse gas emissions trading: who should be held liable for the non-compliance by sellers?," Ecological Economics, Elsevier, vol. 31(3), pages 323-329, December.
    2. Zhang, ZhongXiang, 2001. "An assessment of the EU proposal for ceilings on the use of Kyoto flexibility mechanisms," Ecological Economics, Elsevier, vol. 37(1), pages 53-69, April.
    3. Krey, Matthias, 2004. "Transaction Costs of CDM Projects in India - An Empirical Survey," Report Series 26112, Hamburg Institute of International Economics.
    4. Michaelowa, Axel & Jotzo, Frank, 2005. "Transaction costs, institutional rigidities and the size of the clean development mechanism," Energy Policy, Elsevier, vol. 33(4), pages 511-523, March.
    5. Greiner, Sandra & Michaelowa, Axel, 2003. "Defining Investment Additionality for CDM projects--practical approaches," Energy Policy, Elsevier, vol. 31(10), pages 1007-1015, August.
    6. Andreas Löschel & Zhong Zhang, 2002. "The economic and environmental implications of the US repudiation of the kyoto protocol and the subsequent deals in Bonn and Marrakech," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 138(4), pages 711-746, December.
    7. Jotzo, Frank & Michaelowa, Axel, 2001. "Estimating the CDM Market Under the Bonn Agreement," Discussion Paper Series 26160, Hamburg Institute of International Economics.
    8. Axel Michaelowa & Marcus Stronzik & Frauke Eckermann & Alistair Hunt, 2003. "Transaction costs of the Kyoto Mechanisms," Climate Policy, Taylor & Francis Journals, vol. 3(3), pages 261-278, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liu, Xuemei, 2008. "The monetary compensation mechanism: An alternative to the clean development mechanism," Ecological Economics, Elsevier, vol. 66(2-3), pages 289-297, June.
    2. Michaelowa, Axel & Jotzo, Frank, 2005. "Transaction costs, institutional rigidities and the size of the clean development mechanism," Energy Policy, Elsevier, vol. 33(4), pages 511-523, March.
    3. Watts, David & Albornoz, Constanza & Watson, Andrea, 2015. "Clean Development Mechanism (CDM) after the first commitment period: Assessment of the world׳s portfolio and the role of Latin America," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1176-1189.
    4. Nhan Thanh Nguyen & Minh Ha-Duong & Sandra Greiner & Michael Mehling, 2011. "Implementing the Clean Development Mechanism in Vietnam: potential and limitations," Post-Print halshs-00654294, HAL.
    5. Singh, Inderjeet & Michaelowa, Axel, 2004. "Indian Urban Building Sector: CDM Potential through Engergy Efficiency in Electricity Consumption," HWWA Discussion Papers 289, Hamburg Institute of International Economics (HWWA).
    6. Bernard, A. & Haurie, A. & Vielle, M. & Viguier, L., 2008. "A two-level dynamic game of carbon emission trading between Russia, China, and Annex B countries," Journal of Economic Dynamics and Control, Elsevier, vol. 32(6), pages 1830-1856, June.
    7. Valentová, Michaela & Lízal, Lubomír & Knápek, Jaroslav, 2018. "Designing energy efficiency subsidy programmes: The factors of transaction costs," Energy Policy, Elsevier, vol. 120(C), pages 382-391.
    8. Bruce P. Chadwick, 2006. "Transaction costs and the clean development mechanism," Natural Resources Forum, Blackwell Publishing, vol. 30(4), pages 256-271, November.
    9. Purohit, Pallav & Michaelowa, Axel, 2007. "CDM potential of bagasse cogeneration in India," Energy Policy, Elsevier, vol. 35(10), pages 4779-4798, October.
    10. Carmichael, David G. & Ballouz, Joseph J. & Balatbat, Maria C.A., 2015. "Improving the attractiveness of CDM projects through allowing and incorporating options," Energy Policy, Elsevier, vol. 86(C), pages 784-791.
    11. repec:ags:aare05:139304 is not listed on IDEAS
    12. Pallav Purohit & Axel Michaelowa, 2008. "CDM potential of SPV lighting systems in India," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 13(1), pages 23-46, January.
    13. Singh, Inderjeet & Michaelowa, Axel, 2004. "Indian Urban Building Sector: CDM Potential through Energy Efficiency in Electricity Consumption," Discussion Paper Series 26323, Hamburg Institute of International Economics.
    14. Oscar Cacho & Leslie Lipper, 2006. "Abatement and Transaction Costs of Carbon-Sink Projects Involving Smallholders," Working Papers 06-13, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    15. Kallbekken, Steffen & Flottorp, Line S. & Rive, Nathan, 2007. "CDM baseline approaches and carbon leakage," Energy Policy, Elsevier, vol. 35(8), pages 4154-4163, August.
    16. Bhandari, Divita & Shrimali, Gireesh, 2018. "The perform, achieve and trade scheme in India: An effectiveness analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1286-1295.
    17. Nicholas Tatrallyay & Martin Stadelmann, 2013. "Climate change mitigation and international finance: the effectiveness of the Clean Development Mechanism and the Global Environment Facility in India and Brazil," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(7), pages 903-919, October.
    18. Matthieu Glachant & Yann Ménière, 2011. "Project Mechanisms and Technology Diffusion in Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 49(3), pages 405-423, July.
    19. Wang, Qiang & Chen, Xi, 2013. "Rethinking and reshaping the climate policy: Literature review and proposed guidelines," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 469-477.
    20. Zavodov, Kirill, 2012. "Renewable energy investment and the clean development mechanism," Energy Policy, Elsevier, vol. 40(C), pages 81-89.
    21. repec:dgr:rugcds:200111 is not listed on IDEAS
    22. Hayashi, Daisuke & Krey, Matthias, 2007. "Assessment of clean development mechanism potential of large-scale energy efficiency measures in heavy industries," Energy, Elsevier, vol. 32(10), pages 1917-1931.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:globus:v:8:y:2007:i:2:p:237-250. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.imi.edu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.