The Energy Conservation (Amendment) Bill, 2022 was cleared by the Rajya Sabha earlier this week. The bill seeks to amend the Energy Conservation Act, 2001, enacted to promote energy efficiency and conservation. While the bill has various forward looking provisions, there are two features that stand out - mandating the use of non-fossil sources (including green hydrogen) for energy and feedstock via renewable purchase obligations (RPOs), and the establishment of a domestic carbon market.