PUTRAJAYA, Jan 19 — The government has started the transition to targeted subsidies by reducing subsidies for non-domestic medium and high voltage electricity users as the blanket rebate is inefficient and unsustainable, said Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad.
He said the government also needed to ensure the high reliability of the national electricity supply system, as well as would not have a negative impact on the environment, while at the same time maintaining a tariff rate that all residents in Malaysia could afford. As such, he called for the ministry staff to facilitate industry participation, ensure reasonable cost and reduce bureaucracy for RE to develop.
He said about 90 percent of natural disasters happening in the world were water-related, either due to floods or droughts, causing millions of losses every year.
M40s suffer most.
How awful. I feel worse as an M40. I should become a B40.
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