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PERI Working Papers

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2020

Asia

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Delhi Green Deal, Rohit Azad, Shouvik Chakraborty Jun 2020

Delhi Green Deal, Rohit Azad, Shouvik Chakraborty

PERI Working Papers

In this paper, we propose a carbon tax policy for Delhi, the most polluted capital in the world, which will fundamentally change the energy mix of Delhi’s economy toward clean, green energy and will guarantee universal access to electricity, transport and food, up to a certain amount. Any carbon mitigation strategy needs to alter our dependence on fossil fuels, requiring a systemic overhaul of its energy mix. Implementing a carbon tax will mitigate emissions and mobilise revenue for our proposed re-distributive program of Right to Food, Energy and Travel (RFET). The policy is designed to prefer ‘the poor over the …