#PolicyBulletin: Energy Conservation Bill 2022 introduced in Lok Sabha

  • What: The Energy Conservation(Amendment) Bill 2022 was introduced in Lok Sabha to act as a facilitator to achieving India’s climate change targets.

  • Aim of the Bill: It aims to promote renewable energy, develop a “domestic carbon market”, and introduce the concept of “carbon trading”. It also aims to empower the state electricity regulatory commissions to make regulations for smooth discharge of its function.

  • Bill’s mandate: The bill seeks to mandate the use of non-fossil sources, including green hydrogen for energy resources and feedstocks. It brings the residential buildings within the energy conservation regime and increases the scope of the energy conservation building code.

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INDEPENDENT.

OBJECTIVE.

UNBIASED. 

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