The Paris Agreement on climate change in December 2015 has been one of the shining recent examples of successful international cooperation. The focus will now shift to implementing the agreements. There is universal agreement (Stern, 2006, Weitzman, 2007 and Nordhaus) that a key component to tackling climate change will be to price carbon. How has India fared on this score? Economic Survey 2016-17 is available at: http://www.onlyias.com/2017/01/31/download-economic-survey-2016-17/