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Can Green Sustain Growth?From the Religion to the Reality of Sustainable Prosperity$
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John Zysman and Mark Huberty

Print publication date: 2013

Print ISBN-13: 9780804785259

Published to Stanford Scholarship Online: May 2014

DOI: 10.11126/stanford/9780804785259.001.0001

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PRINTED FROM STANFORD SCHOLARSHIP ONLINE (www.stanford.universitypressscholarship.com). (c) Copyright Stanford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in SSO for personal use.date: 29 July 2021

India

India

Can Green Be a First-Best Development Solution for Developing Countries?

Chapter:
(p.228) 13 India
Source:
Can Green Sustain Growth?
Author(s):

Jayant Sathaye

Juliana Mandell

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804785259.003.0013

In this chapter, we examine India’s stumbling block to green growth— energy supply. By establishing the comparison between India and China, both with similar energy demands, we argue that regulation and inefficient government action, exacerbated by limited resources and growing population, severely hampered India’s economic development. We further examine India’s energy industry by giving a detailed look of the electricity deficit and potential policy solutions. We conclude from recent studies and on-the-ground projects suggest that energy efficiency programs and renewable energy could potentially provide a means to address the deficit in absolute, disruptive, and geographical terms at a lower cost than business as usual strategies. Although India has rather insufficient fossil fuel reserves and rapidly expanding economy, these unique circumstances may offer India a chance and an incentive to explore and derive economic gain from a variety of green growth strategies.

Keywords:   energy supply, electricity deficit, economic growth, renewable energy, energy efficiency, demand side management

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