Energy transition will propel Malaysia’s economy, needs to ‘survive multiple administrations’: Economy minister

In an interview with CNA's Olivia Siong at a World Economic Forum conference in Dalian, China, Malaysia 's Economy Minister Rafizi Ramli said the government’s belief in energy transition is not rhetoric.

“Energy transition is good for the economy and has to survive multiple administrations into the next 30 years”, Mr Rafizi told CNA on the sidelines of a World Economic Forum conference in Dalian, China on Wednesday .“I think the philosophy is quite laid out, but the nimbleness to roll out each specific component of the implementation is something that we have to be very careful about,” he said.

“That realisation sort of provides a counterbalance to the negative political narrative against any policy that has a knock-on effect on the public.”“I won't say that we have done it well,” he said. “It is a long way to go, but we sequence it in such a way that we prioritise important elements.” “Then, the government will decide on rolling it out once it achieves certain parameters that we have set internally.”

Source: Energy Industry News (energyindustrynews.net)

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