Economy Ministry tables memorandum to cabinet on carbon capture, utilisation and storage

: The Economy Ministry has tabled a memorandum to the Cabinet today to pave the way towards a comprehensive legal framework on Carbon Capture, Utilisation and Storage initiatives.

“The establishment of a comprehensive and holistic legal framework takes into account the cohesiveness of implementation, ability to attract high impact investments and means to manage risk and liabilities, which resulted in the consideration to establish a standalone CCUS Bill. A standalone CCUS Bill should focus on the value chain and highlight carbon capture, transportation, utilisation, and storage of carbon dioxide , said the minister.

Rafizi believes that Malaysia can be a CCS hub in the region by providing a first-of-its-kind integrated CCUS solution for industries in the Asia Pacific region.

Source: Financial Digest (financialdigest.net)

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kuala Lumpur dinobat bandar kedua terhebat Asia TenggaraKuala Lumpur dinobat bandar kedua terhebat Asia Tenggara
Source: UMonline - 🏆 27. / 51 Read more »

Bridgerton Style Tea At Banyan Tree Kuala LumpurAn exclusive afternoon tea experience in collaboration with Shondaland and Netflix’s acclaimed Bridgerton series.
Source: therakyatpost - 🏆 14. / 59 Read more »

Lay Zhang Announces World Tour & He's Coming Back To Kuala LumpurLike he said he would.
Source: saysdotcom - 🏆 9. / 63 Read more »

ANA operates twice daily flights from Kuala Lumpur to Tokyo from Sept 1KUALA LUMPUR, May 13 — All Nippon Airways (ANA) is increasing its flights between Kuala Lumpur to Tokyo, offering more connectivity to Japan. Starting from 1st September 2024,...
Source: malaymail - 🏆 1. / 86 Read more »

ANA operates twice daily flights from Kuala Lumpur to Tokyo from 1st SeptKUALA LUMPUR, May 13 — All Nippon Airways (ANA) is increasing its flights between Kuala Lumpur to Tokyo, offering more connectivity to Japan. Starting from 1st September 2024,...
Source: malaymail - 🏆 1. / 86 Read more »

US Comedian Atsuko Okatsuka To Perform In Kuala Lumpur This JulyIt'll be part of her debut tour in Asia.
Source: saysdotcom - 🏆 9. / 63 Read more »