Asian Giants' Fossil Fuel Dependence and the Challenge of Low Carbon Growth: Contrasting Performance of Clean Energy Development, Trade and Investment

Varinder Jain ()

MPRA Paper from University Library of Munich, Germany

Abstract: With sluggish growth in alternate technologies, economic growth across the world has remained largely fuelled by hydro-carbons whose burning has contributed to the menace of global warming. In such a situation, this study focusing on the economies of China, India and Japan – the three Asian Giants, aims at not only ascertaining their fossil fuel dependence but it also addresses its environmental implications. Moreover, it contrasts their attainments in clean energy development. An analysis of trade in climate smart technologies reflects the nature of mutual cooperation among these giants. Similarly, an analysis of recent trends in investment financing corroborates their pursuit of low carbon growth agenda which is a major cause of concern in most of the international climate change negotiations.

Keywords: Fossil Fuels; Oil; Coal; Natural Gas; Clean Energy; Solar Energy; Wind Energy; Renewable Energy Investment; Climate Smart Technologies Trade; Asian Giants; India; China; Japan (search for similar items in EconPapers)
JEL-codes: F15 Q20 Q41 Q42 (search for similar items in EconPapers)
Date: 2016-11-17
New Economics Papers: this item is included in nep-ene, nep-env, nep-pke and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:75121

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