The story: In a bid to meet India’s commitment to exceed its Paris agreement climate targets, the Centre plans to table the Energy Conservation (Amendment) Bill 2022 in the ongoing Monsoon session of Parliament.
The Energy Conservation (Amendment) Bill seeks to increase India’s demand for renewable energy, thereby reducing the nation’s carbon emissions. The Bill proposes to amend the Electricity Conservation Act 2001, last amended in 2010, to introduce changes such as incentivising the use of clean energy by issuing carbon saving certificates.