Under what conditions can small suppliers and small firm dominated industries comply with stringent standards without compromising their trade competitiveness? This question is at the heart a controversial debate about the emergence of environmental standards as a new variable in global trade...

The paper has two objectives. One, to analyse the pattern of energy usage in India and the implications thereof for carbon emission; two, to examine whether pricing and taxation policies have any role to play in mitigating carbon emissions. We show that the pattern of energy usage exhibits a...