The research was sponsored by World Wide Fund for Nature - India The authors are immensely grateful to Mr Samrat Sengupta and Dr. Prakesh Rao of World Wide Fund for Nature - India for valuable suggestions. The authors would like to thank Payal Verma and M
The paper has two objectives. One, to analyse the pattern of energy usage in India and the implications thereof for carbon emission; two, to examine whether pricing and taxation policies have any role to play in mitigating carbon emissions. We show that the pattern of energy usage exhibits a shift towards non-coal based energy products. It also suggests that the reduction in carbon emissions is not sufficient to warrant the use of carbon taxation for mitigating emissions.