Is a higher emphasis on carbon tax needed to take care of market failures in Indian decarbonization efforts? - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
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Is a higher emphasis on carbon tax needed to take care of market failures in Indian decarbonization efforts?

With the International Monetary Fund endorsing the European Union’s plan to impose carbon levies on imports, India can be among the first movers in the developing world in taxing and switching from carbon-intensive fuels (like coal), says this report from The Hindu – https://lnkd.in/g_tt6wC

An optimal pricing of carbon has been shown to be an effective and scalable mechanism to make low carbon energy sources more competitive.

In my opinion, there are few levers that are as potent to shape human – and business – behaviour like price, and more so in countries such as India.

What do you think?

EDUARDO Araral – Lee Kuan Yew School of Public Policy

See my LinkedIn post on this topic


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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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