Business Standard

Monday, January 06, 2025 | 06:24 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Parliament passes bill to mandate use of renewable energy, carbon trading

The Bill is expected to be a step for India toward fulfilling its goals of cutting emissions and the use of renewable energy

Solar Energy, Renewable Energy, Green Energy
Premium

BS Web Team New Delhi
The Parliament has passed the Energy Conservation (Amendment) Bill, 2022 that aims to mandate the use of green energy and enables the government to set up a carbon trading scheme. The Bill also allows the government to specify the minimum amount of non-fossil sources to be used by designated energy consumers. 
 
The bill, which was passed in the Lok Sabha on August 8, got approval in Rajya Sabha on Monday. 

While talking about the Bill in the Rajya Sabha, Power Minister R K Singh said, "This is the only planet we have and there are no alternatives. This bill (The

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in