India approves energy conservation project

India approves energy conservation project

BANGALORE, India ( Associated Press) — India has taken another step toward its climate goals as the lower house of parliament passed a bill that would require greater use of renewable energy sources and reduce the carbon emissions from industrial pollutants. will be forced to pay the price.

The proposal sets a minimum requirement for the use of renewable energy by businesses and residential buildings. It also gives clean energy users carbon savings certificates that can be sold or traded and sets a new energy efficiency standard for the home, which accounts for 24% of electricity usage in India.

There are also penalties for companies that do not use renewable energy sources in sufficient quantities to power their operations.

The bill now goes to the upper house of Parliament.

Madhura Joshi, India’s energy transition lead at climate change think tank E3G, said the bill is “a positive step” towards India’s climate goals.

“As a result of this bill, the share of clean energy sources that power India’s industries and households will definitely increase,” he said.

Last week, India pledged to cut emissions due to activities for the country’s economic growth by 45% by 2030 from 2005 levels. The country plans to get half of its energy needs from non-fossil fuels by 2030. and promote a federal government program. Which encourages people to make green lifestyle changes.

“Every unit of energy saved or conserved is important to reduce emissions,” said Bharat Jayaraj, head of the World Resources Institute’s India programme. The inclusion of residential buildings in codes that require energy conservation is a key point of the proposal and to reduce emissions, he said.

Scientists say cutting greenhouse gases is necessary to limit the effects of climate change, which has already brought warmer weather and more devastating floods to India.

This bill is also the first time that the Government of India has proposed a carbon trading system. Jayaraj said that unlike other parts of the world, the so-called carbon market is still a new idea in India.

“It is destined to become an important tool in reducing greenhouse gas emissions in India,” he said.

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