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Energy, Environment and Globalization - Recent Trends, Opportunities and Challenges in India (Paperback, 1st ed. 2020)
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Energy, Environment and Globalization - Recent Trends, Opportunities and Challenges in India (Paperback, 1st ed. 2020)
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This book analyzes contemporary issues relating to energy,
environment, and globalization in the Indian context. As a
signatory to the Paris climate accord, India has reiterated its
commitment to taking strong and positive steps toward climate
change mitigation. However, as one of the fastest growing economies
in the world, it is battling the effects of a steep rise in fossil
fuel usage and pollution. Further, increasing globalization is
leading to greater economic activity and production, resulting in
additional energy use, which has a negative effect on the
environment. The book argues that globalization need not have only
a negative environmental impact; it can also have positive impact
through the importation of environmentally sound technologies and
implementing global compliance standards. The book is divided into
three sections: The energy section discusses issues relating to the
status of Indian natural gas market and the need for developing an
efficient gas market in India; the economics and politics of
sustainable energy in India; the challenges of thermal power and
significance of clean thermal power generation in India;
environmental and policy issues concerning energy use in urban
India; the importance of energy use in developing Human Development
Index (HDI); and issues relating to renewable energy in India. The
environment section then examines topics such as the impact of
global warming on local weather by examining the frequency of
extreme weather events such as drought and floods, and their impact
on farming activities in the Indian state of Odisha; the importance
of according the economic value to environmentally significant
things like national park , mangroves, etc. for sustainable
development; the role of environmental accounting for ecological
sustainability and ecotourism; and environmental concerns
increasingly gaining traction among the corporate sector for their
long-run benefits . Lastly, the third section addresses issues
relating to the challenges and opportunities of globalization, such
as the interface between globalization and environment; managing
India's business interest in proposing new Bilateral Investment
Treaty (BIT); the challenges being faced by Indian exports and
their revival; and making Indian SMEs competitive. As such, it is
an invaluable resource for policymakers, researchers, practitioners
and students in the field of energy, environment and trade
economics.
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