KUALA LANGAT, July 18 — The proposed National Climate Change Bill will include incentives for companies that lower their carbon emissions, said Acting Natural Resources and Environmental Sustainability Minister Datuk Seri Johari Abdul Ghani.
He said the bill may include provisions for carbon credits, which will support the national agenda to achieve net-zero carbon emissions by 2050.
He added that the bill is in the drafting stage and has yet to be presented to Cabinet.
Johari said he is reviewing the draft, and plans to engage with industry players, including Bursa Malaysia, to gather input and guidelines, and that the details will be disclosed to the public once the bill is finalised.
“The first draft is already out, but I need to review it thoroughly to ensure the (proposed) law to be tabled is acceptable to the industry, and can achieve its intended objectives,” he said.
He said this when speaking to reporters after launching the B30 Biodiesel pilot project at Guthrie’s Golden Hope Academy in Pulau Carey today.
On May 29, Natural Resources and Environmental Sustainability Ministry secretary-general Datuk Ching Thoo Kim, reportedly said the bill is set to be tabled next month.
— Bernama
