Energy-environment-economy models (commonly known as E3) are often used to explore greenhouse gas mitigation policies. One such class of models is the computable general equilibrium (CGE) model. The large-scale, comprehensive analytical framework is widely used to make long-term projections on issues related to growth, jobs, investments and emissions. More importantly, it can be used to assess the economy-wide consequences of changes in policies.
An important aspect of our work includes analysing energy and material requirements for achieving a “desired quality of life” for India, based on specific aspects of the Sustainable Development Goals. With a time-horizon stretching till 2050, these studies seek to analyse the quantum of demand from implementing crucial development policies. Further, we aim to analyse supply-side responses and capture impacts on our greenhouse gas emissions, thereby recommending inclusive growth policies at particular points in time.