Jo Ghani: National Climate Change Bill to include incentives for carbon reduction
He said the bill may also include provisions for the implementation of carbon credits, which would further support the national agenda to achieve net-zero carbon emissions by 2050.
He added that the bill is still in the drafting stage and has yet to be presented to the cabinet.
Johari said he is currently reviewing the draft and plans to engage with industry players, including Bursa Malaysia, to gather input and guidelines. He added that the details would be disclosed to the public once the bill is finalised.
"The first draft is already out, but I need to review it thoroughly to ensure that the proposed law to be tabled is acceptable to the industry and can achieve its intended objectives," he said.
He said this when speaking to reporters after launching the B30 Biodiesel pilot project at Guthrie's Golden Hope Academy in Pulau Carey today.
On May 29, Natural Resources and Environmental Sustainability Ministry secretary-general, Datuk Dr Ching Thoo, was reported as saying that the bill is expected to be tabled in August.
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