India’s investments in energy thus far have concentrated on buying stakes in oilfields in developing countries often at the risk of political unpredictability. With oil prices, and therefore oil company values, falling – India should revise this strategy and aim for better value and lower risk by making investments in companies in the developed world. This paper recommends investing in oil and gas assets in energy-rich developed countries like the U.S., Canada and Australia, to reduce India's vulnerability to future increases in energy prices. These should be made via a sovereign wealth fund (SWF), not the national oil companies. The SWF will be best served by acting as a financial investor, acquiring, only minority stakes, rather than aiming for management control.
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India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.
Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies. This paper studies the feasibility and prospects for Indian investment in Canada's petroleum sector.
The global energy scenario has changed in every way – be it in demand, supply or energy type – in the last two decades. The only unchanged component has been the currency of energy trade: the U.S. Dollar. Lately, though, the Chinese Yuan has emerged as a challenger. Can the Indian Rupee be a third contender?
The United Nations’ 2015 Paris Agreement called for the immediate sequestration of atmospheric anthropogenic greenhouse gases to help avert serious environmental degradation. India can take the lead in this because it is the second largest emitter of methane. Of all the natural greenhouse gases, methane is the hardiest. Technological advances are making it possible to crack methane into gaseous hydrogen and solid carbon on a commercial scale. Methane cracking can provide a steady supply of hydrogen for futuristic transportation and solid carbon materials — graphene, carbon nanotubes, synthetic diamonds — which are integral to the marine, aerospace and space industries. The commercial benefits apart, methane cracking will also go a long way in meeting the Paris Agreement’s climate change mitigation objectives. This paper offers some concrete recommendations that can help the government of India shape national legislation and global geoeconomic strategies
The use of climate intervention technologies has not taken into sufficient account the social dimensions of climate intervention research, which includes citizen participation and pooling of knowledge resources. To fill this lacuna, Canada and India can examine what participation in climate intervention research means in the context of an African country to be able to evolve a more international view; urge both countries to conduct national policy discussions on climate intervention research; and increase public awareness of climate intervention technologies
The use of terrestrial geoengineering techniques, such as carbon capture, is necessary to keep the rise in global temperatures below 1.5 degrees Celsius, as per the Paris Agreement’s targets. Terrestrial geoengineering is different from atmospheric climate engineering: the latter does not remove the very source of the increased greenhouse effect, which are anthropogenic greenhouse gases. India and Canada must collaborate on carbon capture and propose multilateral regulations for unethical atmospheric climate engineering
In a policy brief for the Russian International Affairs Council, Vasily Shikin and Amit Bhandari examine the existing energy partnership between India-Russia, evaluate the potential of new collaboration formats, and develop specific recommendations for enhancing cooperation.
The transition to renewable energy is hampered by the lack of suitable, affordable products and specialised financing for its infrastructure. This infographic, as part of a policy brief put forth by Gateway House, set to be tabled at the 2017 Hamburg G20 conference, outlines an ecosystem to overcome these hurdles
This paper introduces the dilemma of both India and Russia, whose state-owned energy companies are forced to operate in a region where Chinese government corporations have been dominant.