India's energy system transition - Survival of the greenest

Sudhakara Reddy

Indira Gandhi Institute of Development Research, Mumbai Working Papers from Indira Gandhi Institute of Development Research, Mumbai, India

Abstract: The transition to a clean and green energy system is an economic and social transformation that is exciting as well as challenging. The world today faces a formidable challenge in transforming its economy from being driven primarily by fossil fuels, which are non-renewable and a major source of global pollution, to becoming an economy that can function effectively using renewable energy sources and by achieving high energy efficiency levels. In the present study, a green economy scenario is developed for India using a bottom-up approach. The results show that significant resource savings can be achieved by 2030 through the introduction of energy-efficient and green technologies. The building of a green energy economy can also serve another purpose: to develop new 'pathways out of poverty' by creating more than 10 million jobs and thus raise the standard of living of low-income people. The differences between the baseline and green energy scenarios are not so much the consequence of the diffusion of various technologies. It is the result of the active roles of different actors and the drivers that become dominant.

Keywords: Emissions; Green energy; Fossil fuels; Green Jobs; Scenario (search for similar items in EconPapers)
JEL-codes: P28 Q41 Q42 Q48 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2014-10
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Citations: View citations in EconPapers (4)

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Journal Article: India's energy system transition—Survival of the greenest (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ind:igiwpp:2014-043

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