With a population of more than one billion and an economy that is undergoing substantial restructuring after years of stagnation, India has a pivotal role to play in the debate on climate change policy. This comprehensive set of essays addresses climate change economics and policy issues from India’s perspective. The volume is divided into four parts: Part I deals with the broader factors influencing greenhouse gas emissions in India-economic growth, modernization, and reforms, both economy-wide and in the energy sector. Part II analyses a host of issues related to greenhouse gas mitigation in India. A deeper understanding of the tradeoffs and institutional prerequisites for more formal emission policies is provided in this sector. Part III addresses issues that arise in the context of international negotiations to limit global greenhouse gas emissions. Incentives for India and other developing countries to participate in an international mitigation target are discussed. Part IV presents the views of leading Indian policy analysts and advisors on the global impact of greenhouse gas emissions and the developing country perspective. This timely volume offers authoritative analyses on the micro and macro parameters influencing patterns of energy use in India; institutional as well as national policies required to drastically reduce emission levels; and means by which emission policies in India can be brought in line with global policies. Rich in content and backed by empirical evidence and case studies, this book is an essential read for researchers in economics, environmental studies, and sociology. Academics and students of environmental economics will also find this volume contemporary reference material.
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