INDIA HAS FOR QUITE SOME TIME pursued policies to reduce energy consumption, particularly oil consumption, and to deal with its environmental problems in ways that also are “greenhouse gas (GHG) friendly.”These include:
• Energy conservation
• Promotion of renewable energy sources
• Abatement of air pollution
• Afforestation and wasteland development
• Economic reforms, subsidy removal and joint ventures in capital goods
Some of these efforts are ongoing for several decades and are institutionalized in a number of ways through policies, programs, and creation of specific institutions. In addition, there are a number of measures ...