India and Global Climate Change: Perspectives on Economics and Policy from a Developing Country

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Though the impact of climate change will most likely be greatest with the already poor and vulnerable populations in the developing world, much of the writing about the costs and benefits of different policies to reduce greenhouse gas (GHG) emissions is by Western scholars, working in advanced industrialized economies. Drawing the majority of its contributions from authors based at Indian universities and other research centers, India and Global Climate Change provides a developing world perspective on the debate. With a population of over one billion, and an economy that is undergoing substantial restructuring and greatly increased economic growth after a number of years of stagnation, India has an exceptional stake in the debate about climate change policy. Using the Indian example, this volume looks at such policy issues as the energy economy relationships that drive GHG emissions; the options and costs for restricting GHG emissions while promoting sustainable development; and the design of innovative mechanisms for expanded international cooperation with GHG mitigation.

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Editorial Reviews

From the Publisher
'An important, original contribution to the literature on the economics of climate change policy in general and with respect to India and developing countries in particular.'
Adam Z. Rose, Pennsylvania State University
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Product Details

  • ISBN-13: 9781891853616
  • Publisher: Taylor & Francis
  • Publication date: 6/30/2003
  • Edition description: 1
  • Pages: 382
  • Product dimensions: 6.34 (w) x 9.44 (h) x 0.97 (d)

Meet the Author

Michael A. Toman is a senior economist at the Inter-American Development Bank and a former fellow at Resources for the Future.

Ujjayant Chakravorty is an associate professor of economics at Emory University.

Shreekant Gupta is a postdoctoral fellow at Massachusetts Institute of Technology (MIT) and an associate professor at the Delhi School of Economics, University of Delhi.

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Table of Contents

Preface, Michael Toman
Introduction, Michael Toman
Part I: Economic Drivers of Greenhouse Gas Emissions in India
Future Energy Trends and GHG Emissions for India, P.R Shukla, Debyani Ghosh and Amit Garg
Developmental Sustainability Implications of the Economic Reforms in the Energy Sector of India, Ramprasad Sengupta and Manish Gupta
Economic Policy Reforms in India: Implications for Energy Consumption, Subir Gokarn
Some Issues in GHG Emissions from the Informal Energy-Using Sector: Evidence from India, Gautam Gupta
Endogenous Substitution of Energy Resources: Theory and Application to the Indian Energy Sector, Ujjayant Chakravorty
Part II: Options for Greenhouse Gas Mitigation in India
Policies For Carbon Abatement In The Presence Of Regulatory Distortions: The Electricity Generating Sector In India, Madhu Khanna
Carbon Sequestration in Indian Forests: Potential and Incremental Costs, Haripriya S. Gundimeda
Evaluating Greenhouse Gas Control Strategies for India Using Multi-Criteria Approaches, R. Ramanathan
Energy Economy Model Applications for India: Long-term GHG Trends and Mitigation Costs, P.R. Shukla and Ashish Rana
Incentive-Based Approaches for Mitigating Greenhouse Gas Emissions: Issues and Prospects For India, Shreekant Gupta
Part III: International Climate Policy
Strategic Analysis of International Climate Negotiations, Sudhir Shah
The Kyoto Protocol and Developing Countries: Strategy and Equity Issues, Parkash Chander
Allocation of GHG Emissions - An Example of Short Term and Long term Criteria, Sujata Gupta and Preety M Bhandari
Clean Development Mechanism: Issues and Options, P.G. Babu, K.S. Kavi Kumar and Bibhas Saha
Part IV: Conclusions
India's Efforts to Minimise GHG Emissions: Policies, Measures and Institutions, Jyoti Parikh
Global Climate Change: Indian perspective revisited and restated, R.K. Pachauri
A Brief Note on Climate Change Impacts on India, K.S. Kavi Kumar

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Reading Group Guide

An important, original contribution to the literature on the economics of climate change policy in general and with respect to India and developing countries in particular. The breadth of coverage and expert assessment of the Indian situation on climate change policy are its most notable accomplishments.
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