EIC: Malaysia should set own pace, scale of transition to RE sources

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KUALA LUMPUR: Malaysia should set its own realistic sustainable goals, at its determined pace and scale migration from traditional to renewable energy...

Azman says Malaysia should dictate its own pace and scale to which the country transitions slowly from dependency on fossil fuels, and not to be pressured by unrealistic goals set by developed countries.

He pointed out that before the war, the developed countries were initially against the usage of natural gas. However, when energy supplies in European countries were impacted due to the war, there was a turnabout in their decision and declared that gas was accepted as a form of clean energy. He questioned the reasoning why Malaysia has to aim to be net zero by 2050, instead of an extended timeline or objective of 2090, for example.

Azman explained that if a project is too small, the volume produced would not be enough to generate a considerable profit that could sustain a company. The outlook for 2050 targets is more favourable with 45% of respondents continuing to perceive a route towards achieving global net zero targets.

 

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