ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Role of Economic Instruments in Mitigating Carbon Emissions

This paper first analyses the pattern of energy usage in India and the implications thereof relating to carbon emissions. Second, it examines whether pricing and taxation policies have any role to play in mitigating carbon emissions from industrial usage in important energy products. The paper shows that the pattern of energy usage exhibits a shift towards non-coal based energy products. It also suggests that the extent of carbon emission reduction is not substantial enough to warrant the use of carbon taxation for mitigating emissions.

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