Wednesday, May 22
Fri
Nov
17

The impact of energy prices and carbon taxes on firm performance and carbon emissions in Indian manufacturing

Speakers:

B.N. GoldarIEG

 
17
November,
2023
11:30 AM to 01:00 PM (IST)

Abstract:-

Our analysis using plant-level panel data of the Annual Survey of Industries for 2008-09 to 2015-16 reveals that an increase in energy price will reduce energy demand in energy-intensive manufacturing industries (EIMIs) in India, with an elasticity of 0.6 to 1.5. Based on data for 2018-19, we assess that with an operating carbon market for EIMIs and a carbon price of US$ 20 ($ 40) per ton of CO2, CO2 emissions will go down by 26 (30)%. Our theoretical analysis shows that regulations on the containment of carbon emissions need not always hurt growth, and under certain circumstances, a carbon market could be growth-promoting instead of growth-inhibiting.

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Date & Time

17-11-2023
11:30 AM
to 01:00 PM (IST)

Location

IEG

Venue

A.M. Khusro Room

Event Type

IEG Seminar

Event Category

Speaker(s)

B.N. Goldar

IEG

Moderator(s)

Sandhya Garg

Assistant Professor