Reforming Energy Policy in India

Reforming Energy Policy in India
Author :
Publisher : International Monetary Fund
Total Pages : 51
Release :
ISBN-10 : 9781475595734
ISBN-13 : 1475595735
Rating : 4/5 (34 Downloads)

Book Synopsis Reforming Energy Policy in India by : Ian W.H. Parry

Download or read book Reforming Energy Policy in India written by Ian W.H. Parry and published by International Monetary Fund. This book was released on 2017-05-03 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spreadsheet models are used to assess the environmental, fiscal, economic, and incidence effects of a wide range of options for reducing fossil fuel use in India. Among the most effective options is ramping up the existing coal tax. Annually increasing the tax by INR 150 ($2.25) per ton of coal from 2017 to 2030 avoids over 270,000 air pollution deaths, raises revenue of 1 percent of GDP in 2030, reduces CO2 emissions 12 percent, and generates net economic benefits of approximately 1 percent of GDP. The policy is mildly progressive and (at least initially) imposes a relatively modest cost burden on industries.


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