The government has been working to effect a radical shift in Indian energy production and consumption patterns to reduce dependence on fossil fuels.
R. K. Misra
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With regard to the first issue, some learning has taken place. There seems to be general recognition that punitive policies to reduce emissions don’t generally work. This is why cap-and-trade was implemented in Europe and in US states like California in preference to the economists’ favorite carbon tax solution.
Former Nonresident Scholar, Democracy, Conflict, and Governance Program
Francis Fukuyama was a nonresident scholar in Carnegie’s Democracy, Conflict, and Governance Program, where his research focuses on democratization and international political economy.
Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
The government has been working to effect a radical shift in Indian energy production and consumption patterns to reduce dependence on fossil fuels.
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