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Lawmakers in India pass energy conservation bill

KVIA

By SIBI ARASU
Associated Press

BENGALURU, India (AP) — The Indian government took another step toward its climate goals by passing a conservation bill through parliament’s lower house, which makes it easier to put a price on carbon emissions and encourages the use of non-fossil fuel sources to generate power across the country. The bill sets out a minimum requirement for renewable energy use for corporations and residential buildings. It also gives clean energy users carbon-saving certificates that can be sold or traded and lays out a new energy efficiency standards in homes, which account for 24% of India’s electricity use.

Article Topic Follows: AP National Business

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