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to be prioritized: efficient lighting, efficient residential appliances
and equipment, efficient residential and commercial buildings, and
efficient vehicles. Attractive supply-side options include power
plant upgrades, and transmission and distribution system efficiency
improvements. There is a need to better understand barriers to low
carbon development in China and India; some of these barriers
could include limited access to technology, economic and financial
constraints, weak legal and regulatory frameworks, irrational pricing
and subsidy policies, information sharing bottlenecks, institutional
limitations, and poor governance. The Energy Service Company
(ESCO) industry which was established in India and China about two
decades ago could play a greater role in realizing energy savings in
both India and China, in a more conducive policy environment.
A majority—more than 66 per cent—of the world’s greenhouse
gas emissions originate in the energy sectors which include power
generation, industry, transportation, buildings, and appliances.
Figure 1.5 depicts key sectors and the type and volume of greenhouse
gases that result from them at a global level in 2004.
China and India have common emission trends and characteristics.
The two countries also face similar mitigation pressures and this
suggests the possibility and priority of cooperation between China and
India. Figure 1.6 shows the trends in the fossil fuel CO2 emission trends
for US, EU27 countries, China, and India.
Figure 1.5: Global GHG Emissions by Sector in 2004 (%)
Source: Based on IPCC (2007), WG-III, pg 29
14 Low Carbon Development in China and India
and equipment, efficient residential and commercial buildings, and
efficient vehicles. Attractive supply-side options include power
plant upgrades, and transmission and distribution system efficiency
improvements. There is a need to better understand barriers to low
carbon development in China and India; some of these barriers
could include limited access to technology, economic and financial
constraints, weak legal and regulatory frameworks, irrational pricing
and subsidy policies, information sharing bottlenecks, institutional
limitations, and poor governance. The Energy Service Company
(ESCO) industry which was established in India and China about two
decades ago could play a greater role in realizing energy savings in
both India and China, in a more conducive policy environment.
A majority—more than 66 per cent—of the world’s greenhouse
gas emissions originate in the energy sectors which include power
generation, industry, transportation, buildings, and appliances.
Figure 1.5 depicts key sectors and the type and volume of greenhouse
gases that result from them at a global level in 2004.
China and India have common emission trends and characteristics.
The two countries also face similar mitigation pressures and this
suggests the possibility and priority of cooperation between China and
India. Figure 1.6 shows the trends in the fossil fuel CO2 emission trends
for US, EU27 countries, China, and India.
Figure 1.5: Global GHG Emissions by Sector in 2004 (%)
Source: Based on IPCC (2007), WG-III, pg 29
14 Low Carbon Development in China and India
