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Past Issue • Jul-Sep 2014

Renewable Energy: The Promise and Cost-effective Deployment

Renewable Energy: The Promise and Cost-effective Deployment

In this introductory article, Professors Rajesh Chakrabarti and Gireesh Shrimali, the guest editors of this issue, outline the growing importance of renewable energy and the necessity to adopt policy and institutional measures that ensure energy security and sustainable development.

Development and sustainability are often thought to be incompatible objectives. While the former requires investment in infrastructure and rising energy consumption, the impact of both objectives seem to create environmental concerns. Yet no responsible nation can sacrifice the latter objective, even at the altar of development. This balancing of the two goals is arguably one of the most defining challenges of long-term policy making in a developing country like India.


  • Rajesh-Chakrabarti

    Rajesh Chakrabarti

    Clinical Associate Professor of Public Policy and Executive Director of the Bharti Institute of Public Policy at the Indian School of Business (ISB).
  • Gireesh-Shrimali

    Gireesh Shrimali

    Assistant Professor of Energy Economics and Business at the Monterey Institute of International Studies.
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