India plans to order consumers to use cleaner fuels and aims to establish a carbon market under legislation to bolster the country’s push to hit net-zero greenhouse gas emissions by 2070.
The world’s third-biggest emitter will seek to mandate the use of a minimum share of non-fossil fuel sources including biomass, ethanol, green hydrogen and ammonia, both for power generation or as a feedstock for manufacturing, according to a document introduced in Parliament on Wednesday. New laws would also penalize industrial operations, vehicles, ships and large buildings for not meeting energy consumption standards.
Changes to the