Carbon emission tax and its impact on a developing country economy - A case study of India
Global climate change has become one of the most important of recent issues. It is estimated that roughly 60 percent of projected global climate change will be caused directly by the energy sector. Developing nations are the fastest growing greenhouse gas (GHG) emission sources. The restricted focus of the GHG problem to fossil fuels and carbon dioxide emissions in particular frightens the developing countries. Most studies on global climate change neglect the impact of proposed measures of carbon tax on the economies of the developing bloc. In this paper we examine the impacts of implementing a carbon emission tax on the economy of India using an input-output model. After discussing the economywide impacts of a carbon emission tax, possible measures for combating global climate change are examined. We also address the usefulness of energy-efficient technology to ameliorate carbon emissions.
- OSTI ID:
- 401731
- Journal Information:
- Journal of Energy and Development, Journal Name: Journal of Energy and Development Journal Issue: 2 Vol. 20; ISSN 0361-4476; ISSN JENDD2
- Country of Publication:
- United States
- Language:
- English
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