CLEAR 10-YEAR ROADMAP NEEDED TO LIMIT GLOBAL WARMING

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The Gamuda Berhad group managing director stressed that our number one priority is to decarbonise our electricity in our quest for emission reductions.

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The outcome of COP26 has seen a continuously growing number of countries pledging to achieve net-zero emission by 2050 and 2060.

“Without a clear pathway to achieve these reductions in the next one decade, the game to achieve net-zero by 2050 is almost certainly lost,” he said. “While we are accelerating the shift to electric vehicles , EVs are still being charged with electricity from coal-fired sources. It doesn’t make sense as this electricity is still very carbon-intensive.

“First, we need to retire our coal-fired power plants earlier. We need to install at least 8GW of renewable energy between now and 2030. Putting a price on carbon is a vital step. Most Asean countries have started to adopt carbon pricing systems such as emissions trading systems or cap-and-trade schemes.

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