India and China
Strategic Energy Management and
Security
India and China
Strategic Energy Management and Security
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China and India plan to work together to secure energy
resources without unnecessarily bidding up the price of those resources,
thereby agreeing to a consumer's cartel representing 2.3 billion potential
consumers. Together, their combined markets and purchasing power offers an
extremely attractive partner to energy producing states, especially the ones
that face Western pressure over their human rights records or the nature of
their political institutions. Energy security has become the essential premise
for China to achieve its strategic goal of quadrupling its gross domestic
product (GDP) from 2000 to 2020. The Chinese government has worked hard to
prevent energy from becoming a bottleneck undermining vibrant growth and social
stability. China is committed to cultivating a new economic growth mode
featuring low input, low energy consumption, low pollution, and high
efficiency. China's short-term goal is to reduce the use of energy per unit of GDP
by 20 percent by 2010, and achieve energy conservation and efficiency. India's
experience with regulated tariffs has been a mixed story with prices often
determined by the higher courts after a long drawn legal process. There are
examples from the electricity and the aviation sector that bring out the
challenges of tariff regulation.
Ideally, the Government should regulate prices for only those businesses
which are natural monopolies and leave the rest for the market forces. This
book is highly useful for a general understanding of energy related issues and
to understand the present energy-crisis in a holistic way.
M. K. Singh, who has obtained his all higher degrees from
Delhi University, is a widely acclaimed author and scholar. He has authored so
many books on social sciences. He is known all over the academic world for his
intellect and insight. A social scientist to the core, having attended many
seminars and workshops, he has written many articles on the subjects pertaining
to social science. He had also been selected for Ethiopia University as
Professor.