Decarbonising Malaysian companies — moving towards net zero


When we decarbonise, can we reuraniumise?

Dateline 2020-11-09, NST:

NET zero is a desperately needed global goal. It means minimising our atmospheric greenhouse gas emissions and fully absorbing emissions that cannot be avoided into forests, mangroves, and other carbon sinks, or through carbon capture and storage systems.

Petroliam Nasional Bhd president and group chief executive officer Tengku Muhammad Taufik made clear on Oct 28 its aspiration to achieve net zero carbon emissions by 2050. It follows similar welcome announcements earlier by Total (France), Repsol (Spain), BP (United Kingdom), and Shell (UK/Netherlands).

But, how can any oil and gas company make such a bold statement? The pledges are definitely good news even though, as is often the case, the devil is in the details. Definition of “net zero” depends on what types of emissions are counted.

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