ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Shoibal ChakravartySubscribe to Shoibal Chakravarty

Cheap Oil, Climate Change Mitigation and India

The oil crash of 2014 is expected to have a moderate impact on the global economy with oil importers seeing a boost in growth. The long-term impacts on climate change are difficult to predict but it is very likely that these might even be beneficial to the process of decarbonising the global energy economy. Most countries, including India, could use the opportunity to reduce fossil fuel subsidies and invest in renewable energy instead.

Need for an Integrated Energy Modelling Institution in India

India's several interlinked energyrelated challenges can only be met by long-term planning and coordinated action by various stakeholders. By highlighting the Planning Commission's Integrated Energy Policy report, this article proposes the creation of a government-supported statutory energy modelling institution - the Bureau of Energy Information and Analysis - that works under the guidance of the Planning Commission to develop an in-house modelling and analysis capacity for India. It argues that such an institutional approach will strengthen India's existing energy modelling efforts and help create a community of committed energy specialists.
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