Economics of the Energy Crisis

The global energy crisis is a two-dimensional phenomenon: on the one hand, the gap between a continuously depleting supply capacity of fossil fuel and rapidly increasing demand for energy is fast widening, and, on the other, the burning of fossil fuels intensifies the problem of global warming day by day.

Autorentext

Anindya Bhukta is an associate professor and a prolific writer. He is an avid reader and has keen interests in various subject matters like economics, environment, politics, and history.

Somnath Hazra is a partner at CLA Global Indus Value Consulting, India, leading initiatives in Environmental, Social, and Governance (ESG), sustainability, and nature-based solutions in India.

Inhalt

Part I : Energy Crisis : An Economic Interpretation 1. Understanding Energy Crisis: An Introduction 2. Demand- supply Imbalance: The root cause of the crisis 3. Renewable Energy Cost, Policy and Market in Asia Pacific Region 4. The disparity of Energy Prices - An intra and inter-country analysis. Part II: Energy Crisis: An Environmental Perspective 5. A Quest for Sustainable Energy 6. Energy Audit and Management 7. Towards Gaining Energy Efficiency 8. A comprehensive analysis of the policy framework to address household access and use of clean fuels in India 9. Choosing Energy-Efficient Home Appliances in Urban India: Do Pro-Environmental Motivations and Peer Comparisons Matter? Part III: Economic modelling of energy policy 10. It is possible to maintain economic growth while reducing energy and emissions growth: how to measure? 11. Use of Computable General Equilibrium Modelling for Energy Policy Analysis 12. Policy instruments promoting renewable energy in India: A critical appraisal 13. India's Commitment at COP26: How Policy Implementation Instruments Matter for Better Climate Governance