KUCHING: The government planned to table a Bill on carbon trading by the end of this year, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
He said that the Federal Cabinet decided to table the Bill this year, following a directive from the Prime Minister, Datuk Seri Anwar Ibrahim.
"At the national level, (we are) looking at 2025 (to table), but in Cabinet, the Prime Minister has instructed me, and I've chaired the meeting and, insya-Allah, by the end of the year the Bill will be presented (at Dewan Rakyat)," he told reporters after attending the closing ceremony of the Asia Pacific Green Hydrogen (APGH) Conference and Exhibition 2024, here, today.
He was commenting on a recent suggestion by Sarawak Premier Tan Sri Abang Johari Tun Openg for the central government to improve existing legislation regarding the energy business, to include matters related to carbon trading.
"I agree that Sarawak is quite advanced in terms of laws (on carbon trading), that the state government has approved it in the State Legislative Assembly. Now the challenge is at the national level," said Fadillah.
He added that the Bill will include not only the laws and regulations on carbon trading, but also tax schemes and other related matters. — BERNAMA