The global energy crisis is a two-dimensional phenomenon: on the one hand, the gap between a continuously depleting supply capacity of fossil fuel and rapidly increasing demand for energy is fast widening, and, on the other, the burning of fossil fuels intensifies the problem of global warming day by day.
This book explores this global crisis through a regional focus, exploring the issues as they relate to the Indian subcontinent. The book argues that since no source of energy is entirely pollution free, it essential to place greater emphasis on enhancing energy-use efficiency. This requires proper auditing of existing energy use and proper management of future use. Providing the foundation for this argument, the first section of the book examines the root cause of the problem: the supply-demand imbalance of energy. Alongside this, market imperfections in energy pricing are also discussed. The second section of the volume explores the environmental and political dimensions, examining policies in the region designed to provide a sustainable. The third and final sections presents several plausible policy prescriptions to solve the problem.
This book will be of particular interested to researchers of energy economics and policy, sustainability, environmental studies and South Asia more broadly.
The global energy crisis is a two-dimensional phenomenon: on the one hand, the gap between a continuously depleting supply capacity of fossil fuel and rapidly increasing demand for energy is fast widening, and, on the other, the burning of fossil fuels intensifies the problem of global warming day by day.
Part I : Energy Crisis : An Economic Interpretation
1. Understanding
Energy Crisis: An Introduction
2. Demand- supply Imbalance: The root cause of
the crisis
3. Renewable Energy Cost, Policy and Market in Asia Pacific Region
4. The disparity of Energy Prices - An intra and inter-country analysis. Part
II: Energy Crisis: An Environmental Perspective
5. A Quest for Sustainable
Energy
6. Energy Audit and Management
7. Towards Gaining Energy Efficiency
8.
A comprehensive analysis of the policy framework to address household access
and use of clean fuels in India
9. Choosing Energy-Efficient Home Appliances
in Urban India: Do Pro-Environmental Motivations and Peer Comparisons Matter?
Part III: Economic modelling of energy policy
10. It is possible to maintain
economic growth while reducing energy and emissions growth: how to measure?
11. Use of Computable General Equilibrium Modelling for Energy Policy
Analysis
12. Policy instruments promoting renewable energy in India: A
critical appraisal
13. Indias Commitment at COP26: How Policy
Implementation Instruments Matter for Better Climate Governance
Anindya Bhukta is an Associate Professor and a prolific writer. He is an avid reader and has keen interests on various subject matters like economics, environment, politics and history.
Somnath Hazra is a Partner at CLA Global Indus Value Consulting, India leading initiatives in Environmental, Social, and Governance (ESG), sustainability, and nature-based solutions in India.