India proposes new rules to promote usage of renewables in industries
As part of the proposal, India’s 2001 Energy Conservation Act will be amended, promoting green hydrogen as a viable alternative to fossil fuels.
In an effort to lower emissions and combat climate change, India is proposing new rules that include setting a minimum share of renewable energy to be used by its industries.
As part of the proposal, India’s 2001 Energy Conservation Act will be amended, promoting green hydrogen as a viable alternative to fossil fuels.
According to the power ministry, the proposed amendments would facilitate the development of a carbon market in India and set a minimum requirement for the consumption of renewable energy, either directly or indirectly.
In effect, this will result in a reduction of fossil fuel-based energy consumption and carbon emissions to the atmosphere.
Recently, India rejected calls to set a net zero carbon emissions target, saying it was more important for the world to focus on reducing such emissions to avert dangerous global warming.
Being the world’s third-largest emitter of greenhouse gases behind China and the United States, India is under pressure to announce plans to become carbon neutral at next week’s climate conference in Glasgow.
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