Sarawak needs law to claim carbon credit, says Abang Johari

I gotta get into this racket.

Dateline 2020-10-19, Malay Mail:

Sarawak would have to legislate a law in order to claim for carbon credit, says Chief Minister Datuk Patinggi Abang Johari Tun Openg.

He said at the moment, the state does not have provisions in its law to treat carbon credit as a trading commodity.

“We have to upgrade our law so that we are able to claim carbon credit and then be recognised as a green state,” he said at the Memorandum of Agreement (MoA) signing ceremony between Craun Research Sdn Bhd and Knowledge Integration Services (Singapore) Pte Ltd and Nitsei Sago Industries Sdn Bhd held at a hotel here today.

Carbon credit is a term for any tradeable certificate or permit that aims to reduce the emission of greenhouse gases into the atmosphere while promoting the use of renewable energy.

Abang Johari pointed out that Sarawak is currently on the right track towards producing green technology.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: