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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.
This book explores the linkages among economic development, energy,
and environment. An increase in economic activity is correlated
with a higher level of energy consumption, which in turn leads to
an increase in environmental pollution. Due to the influence of
greenhouse gases, the higher the concentration of pollutants in the
atmosphere, the higher the temperature, which ultimately leads to
climate change. Under these imminent dangers, the role of economic
and energy efficiency policies becomes important for ecological
sustainability. The present policies, however, in various
instances, have failed to address these issues. Hence, this book
embarks not only to suggest modifications to improve the efficacy
of the current policies but also to recommend to the policymakers,
new and more effective policies for their respective countries. The
book is bifurcated into two sections: The Economics and Policy of
Sustainable Energy section discusses renewable energy policy
responses to observed Impact of climate change using DPSIR
Framework; the energy utilization strategies for transportation and
commercial activities of Charland Bangladesh; the relationship of
market globalization with the Indian energy sector; the
socioecological effects of globalization from an energy perspective
brought to a local standpoint; the seasonal disaster-induced energy
consumption strategies of the char-dwellers of Bangladesh with
respect to their domestic chores and agricultural activities;
trends in GDP growth and energy usage in India; cross-border trade
of electricity; and the events that the oil and gas industry has
already faced and possible strategies it can adopt to overcome the
recession caused by the COVID-19 pandemic. The Economics and Policy
of Environmental Sustainability section analyses topics such as the
role of hyper-globalization in spreading the pandemic across
countries as threat to human ecology; the current scenario of
environmental consequences, and future prospects of plastic
pollution; the surface air temperature anomalies over selected
countries of Africa; the impaired roles of the female gender in
community natural resource exploitation in Ndop; the operational
expansion strategies for garnering better output in terms of
livelihood and conservation; opportunity for environmental justice
and rethinking global community; linking indigenous traditional
knowledge and sustainable development goals in the North-Western
Himalayas; and recommendations to manage dry forest carbon stock.
This book is a rich resource for policymakers, guiding them through
untraveled pathways. Moreover, it is an extremely helpful resource
for researchers, practitioners, industry professionals as well as
students in the fields of energy, environment, and sustainable
development with flavour of economics and policy.
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.
The book analyzes limitations of the traditional North-South
cooperation in general and with African countries in particular.
It, in this backdrop, advances the case of South-South cooperation,
as many countries of the South, including India, China, South
Africa, Brazil, etc., have emerged prominently on the world
economic horizon of-late. It critically studies the current status
of India-Africa's economic relations (both trade and investment)
along with analyzing challenges and potential to upgrade these
economic engagements. At last, it attempts to explore the specific
areas in the power, extractive and financial sectors where India
can assist African economies.
Energy consumption influences the level of living and quality of
life of masses in a significant way, which ultimately matters a lot
for overall economic development. We have analyzed the well
established relationship between energy consumption and economic
development in the context of fifty six countries, including India,
and have done some econometric modeling on the influence of energy
consumption on economic development. Human Development Index (HDI)
has been taken as a representative of economic development. HDI has
been calculated on the basis of important variables representing
overall economic development as per UNDP methodology. We have also
made an attempt to recalculate the HDI, taking energy consumption
as an additional variable along with existing variables (as per
UNDP methodology). We have also made an attempt to forecast the
energy demand for India, mix of various sources of energy and
India's reliance on imports of crude oil and coal in year 2025.
This work will be useful for academia, researchers, policy makers
and students of energy studies.
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