Sarawak aims to begin carbon trading next year
KUCHING: Sarawak aims to begin carbon trading next year, which will be a new source of income for Bintulu and increase the state’s revenue. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said carbon is currently under the Ministry of Natural Resources, Environment, and Climate Change in Malaysia. However, according to the United Nations definition that […]
Federal govt discussing legislation for carbon trading, says DPM
KUCHING: The federal government is currently engaged in discussions to prepare legislation pertaining to carbon trading. According to Deputy Prime Minister and Minister of Plantation and Commodity, Datuk Seri Fadillah Yusof, the discussions encompassed various matters, including the tax structure for carbon trading. “The legislation will not be presented at the upcoming Parliamentary Sitting as […]
S’wak can be a global carbon trading player: Awang Tengah
SARAWAK has the potential to become the main player in international carbon trading with its current policy to decrease the rate of deforestation and logging activities. Minister of Natural Resources and Urban Development Datuk Amar Awang Tengah Ali Hasan said that with the current state policy of forest conservation and reservation, deforestation and conservation efforts […]
Low carbon footprint, eco-friendly fuels way forward
KUCHING: The Sarawak government is focusing on a green economy by promoting forest plantations, carbon trading and environment-friendly products. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said such products produce a low carbon footprint and eco-friendly fuels such as hydrogen, hydro, pellets and more. In line with this, he said forest plantations were […]
Carbon trading under federal jurisdiction
KUCHING: The suggestion for carbon trading to be placed under the purview of the Federal Ministry of Plantation and Commodity is being discussed with the federal government. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said that presently matters pertaining to carbon are under the purview of the Ministry of Natural Resources, Environment and […]
Sarawak mulls to form carbon registry
KUCHING: The Sarawak government is in the process of forming its own carbon registry to facilitate carbon trading in the state. Deputy Minister for Energy and Environmental Sustainability Dr Hazland Abang Hipni said that the carbon trading could not be done simply and must be licensed. “Sarawak is in the process of issuing and coming […]
Busy day for Premier in Singapore
SINGAPORE: Premier Datuk Patinggi Abang Johari Tun Openg today met with four ministries and companies here to explore areas of cooperation in the sharing of resources towards the energy transition, climate change action and carbon trading. The meetings took place on the sideline of the Premier’s itinerary at the Singapore International Energy Week (SIEW) held […]
Sarawak takes next step on carbon trading
KUCHING: The state government has sent a mission to Lisbon in Portugal to study the functions and protocols for carbon trading. Premier Datuk Patinggi Tan Sri Abang Johari said this is to facilitate Sarawak’s new source of revenue through carbon storage and capture (CCS). He said the State Legislative Assembly (DUN) has amended the Forests […]