The bill aims to reduce total projected carbon emissions by 1bn t by 2030
India legislates on emissions
Revision of energy conservation bill aims to enshrine updated NDC in law and introduce a carbon market
India has introduced a new climate and energy bill that will establish a carbon emissions trading scheme, more stringent energy efficiency measures for industry and buildings, and an acceleration of its renewables rollout. The bill is based on the so-called ‘Panchamrit’, or ‘five nectar elements’, presented by India at the Cop26 talks in Glasgow. These are to reach 500GW of renewable power capacity by 2030, derive 50pc of final energy consumption from renewables by 2030, reduce total projected carbon emissions by 1bn t by 2030, cut the carbon intensity of the economy by 45pc below 2005 levels by 2030, and reach net-zero emissions by 2070. India introduced an energy conservation act in 2001 i
Also in this section
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
