KUCHING, May 22 — A new legislation will be proposed during the State Legislative Assembly sitting in November, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
Abang Johari added he is confident that the state government’s current focus on green economy, including carbon storage, will strengthen Sarawak’s economy. “That is why we amended the Land Code to ensure that it is legal for us to store carbon in the ground, and those who want to deposit carbon with us need to pay. Thus, this is a new revenue stream for Sarawak which will not affect the geological formation.”
Source: Law Daily Report (lawdailyreport.net)
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