India’s parliament is in the process of passing an energy conservation Bill aimed at boosting the share of renewables in the country while also introducing a carbon trading scheme. The country in June had already set the target of generating half of its electricity from renewables by 2030. The Bill mandates minimum requirements for renewable use for businesses and residential buildings and sets penalties if these are not met. The important lower chamber of India’s parliament passed the Bill in August and the upper house is expected to follow suit before the end of the year.