Rafizi And Sarawak Premier Discuss Bill On Carbon Trading


KUCHING, Economy Minister Rafizi Ramli today met with Sarawak Premier Tan Sri Abang Johari Tun Openg and state cabinet ministers to discuss a proposed bill related to carbon trading.

Rafizi said the discussions focused on how to harmonise state and federal laws before the federal bill is presented at the end of this year.

“The aim is to ensure that both Sarawak and Malaysia (federal government) can implement Carbon Capture, Utilisation and Storage (CCUS) as quickly as possible according to the established plan, and that the process continues smoothly.

“I take comfort in knowing that everyone is on board to ensure the success of Malaysia’s progress, as CCUS is one of the high-tech activities driving this leap forward,” he told reporters after meeting with Abang Johari at Wisma Bapa Malaysia here today.

Rafizi added that if Malaysia can successfully implement carbon trading within the next five years, it will position Malaysia at the forefront and establish Sarawak as a key regional player.

“This will crea
te many high-paying jobs and strengthen our leadership in energy transition. I feel the momentum for this has accelerated rapidly over the past year,” he said.

He noted that four states — Sabah, Sarawak, Terengganu and Pahang — have been identified as having significant potential for implementing CCUS.

“We are currently focusing on these four states, all of which have held engagement sessions on CCUS legislation,” he said.

Previously, Rafizi stated that the Carbon Capture, Utilisation and Storage Bill would be presented in Parliament this November.

He said the formulation of decarbonisation laws is aimed at regulating related activities, thereby attracting more investors to the country.

Source: BERNAMA News Agency

  • malaysiang

    Related Posts

    41-year-old Firewoman Named Best Trainee In STORM Training

    MARANG, A 41-year-old female firefighter, Saredah Mohd Salleh, proved the adage that age is just a number when she was named the best trainee for the Basic Course for the Special Operations, Tactical and Rescue Team of Malaysia (STORM) by the Malaysia…

    Ismail Sabri Joins In Deepavali Festivities In Brickfields

    KUALA LUMPUR, Yayasan Keluarga Malaysia (YKM) chairman Datuk Seri Ismail Sabri Yaakob continued the tradition of having a walkabout and meeting the Indian community in conjunction with the Deepavali celebration at the Little India in Brickfields here….