Dateline 2025-03-21, The Edge Malaysia:
KUALA LUMPUR (March 21): In the same month that the Malaysian government extended RM1.1 billion in support for ailing Sapura Energy (KL:SAPNRG), it also introduced the Carbon Capture, Utilisation and Storage (CCUS) Bill 2025. Economy Minister Rafizi Ramli emphasised the urgency of the bill, stating: “The tender for carbon storage is currently ongoing. If Malaysia cannot enforce this by March 31, we will be out — we cannot enter the bid.” However, it remains unclear what precisely Malaysia is bidding for.
Although Deputy Economy Minister Datuk Hanifah Hajar Taib told Parliament that “drafting of the CCUS Bill was implemented based on a whole-of-nation approach”, clearly, parts of the nation were not on board. Environmental groups such as Klima Action Malaysia, Sahabat Alam Malaysia, RimbaWatch and Greenpeace all criticised the bill for lacking sufficient environmental safeguards. Also not part of the “whole-of-nation” are Sabah and the Deputy Minister’s home state of Sarawak, where the bill does not apply.
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