| We welcome the presence of Malaysia’s environment and water minister, Tuan Ibrahim Tuan Man, at the recently concluded COP26 in Glasgow. We also welcome the delivery of his speech in Bahasa Malaysia, the national language. But as policymakers, our focus should be on the content of what was said by the minister.
This does not consider the fact that the fuel consumption of the Toyota Vellfire at 8.6L/100km is 36.5 percent higher than the 6.3L/100km fuel consumption of the Honda Accord . For example, Commitment 6 announced by the minister is the objective of “moving towards Zero Waste directed to landfill through the Waste to Energy concept and to increase its recycling rate to 40 percent by 2025”.
For example, in Commitment 2, the minister announced a target of 31 percent of renewable energy capacity for power generation by 2025 and 40 percent by 2035 in the national power grid through Malaysia’s Energy Transition Plan 2021 to 2040. This seems to show that Putrajaya believes that carbon pricing is the best policy tool to reduce carbon emission. The eventuality of carbon pricing is carbon tax . But analysis by the WWF and BCG in the Malaysian context estimates that 60 percent of emission reduction towards net-zero by 2050 does not require carbon pricing.
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