The Energy Conservation (Amendment) Bill, 2022 passed in Lok Sabha that will bring the establishment of carbon credit markets and also bring large residential buildings under the energy conservation regime.
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Key features of the Energy Conservation (Amendment) Bill:
Obligation to use non-fossil sources of energy:
Penalties under the Act:
Carbon Trading:
Energy conservation code for buildings:
Applicability to residential buildings:
Standards for vehicles and vessels:
Penalties under the Act:
Regulatory powers of SERCs:
Composition of the governing council of BEE:
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Objective of the Energy Conservation (Amendment) Act:
Measures to reduce India’s Carbon Footprints:
Energy conservation helps to reduce the carbon footprint in the universe. It will regulate the use of non-fossil sources, including biomass and ethanol, for energy and feedstock, along with the use of green hydrogen and green ammonia.
Verifying, please be patient.