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Energy Challenges for India: Transitioning to a Low Carbon Economy

Author

Listed:
  • Saon Ray

    (Indian Council for Research on International Economic Relations (ICRIER))

  • Kuntala Bandyopadhyay

Abstract

This paper tries to establish the interrelation between the energy sector and the net zero emission goal, focusing on India’s pathways to a low carbon future. It discusses the dilemma of choosing between growth and sustainability and the co-benefits of transitioning to a less carbon dependent, renewables-based energy system from both, the global and Indian perspectives. In an emerging economy like India, the choice has never been clearer, and the case for choosing renewables and moving away from fossils, never stronger. The process of energy transition is complex and involves multi-sector reforms involving various stakeholders including civil society. The strategy to achieve the low carbon growth involves structural reforms, market reforms and institutional reforms.

Suggested Citation

  • Saon Ray & Kuntala Bandyopadhyay, 2020. "Energy Challenges for India: Transitioning to a Low Carbon Economy," Indian Council for Research on International Economic Relations (ICRIER) Policy Paper 01, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    • Handle: RePEc:bdc:ppaper:01
    as

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    References listed on IDEAS

    as
    1. Mukherjee, Sacchidananda, 2019. "Exploring Low-Carbon Energy Security Path for India: Role of Asia-Pacific Energy Cooperation," Working Papers 19/259, National Institute of Public Finance and Policy.
    2. Nancy Birdsall & Arvind Subramanian, 2009. "Energy Needs and Efficiency, Not Emissions: Re-framing the Climate Change Narrative," Working Papers 187, Center for Global Development.
    3. Rajat Kathuria & Saon Ray & Kuntala Bandyopadhyay (ed.), 2018. "Low Carbon Pathways for Growth in India," India Studies in Business and Economics, Springer, number 978-981-13-0905-2, December.
    Full references (including those not matched with items on IDEAS)

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