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.
Mitigating Carbon Emission through Economic Instruments: An Indian Perspective
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