In a bid to meet India’s commitment to exceeding its Paris agreement climate targets, the Energy Conservation (Amendment) Bill 2022 has been tabled in Parliament.
Key points of the Bill
What does the current Energy Conservation Act say?
Framework for energy trading: According to the Act, the Centre can issue energy savings certificates to those industries which consume less than their maximum allotted energy.
India’s Commitment against Climate change
Prime Minister expressed confidence that India will meet its climate targets before 2030, he revised India’s NDCs at the COP26 Summit with five new targets;
Some Government Initiatives against Climate Change
Union Finance Minister announced a slew of measures to reduce India’s carbon footprint as part of Budget 2022-23:
What can be done further to achieve India’s Targets?
It is now clear that initiatives to prevent climate change are started but, most importantly, these initiatives must be continuous and sustainable and every individual in every country will need to contribute to preventing climate change.
Verifying, please be patient.