Malaysia's longstanding system of fossil fuel subsidies was built to stabilise prices, but these cannot hold up in prolonged crises of war, supply chain disruptions and volatile fuel markets.
Ending reliance on oil, coal, and gas, and embracing technologies that will only improve and become cheaper over time, is not just smart climate policy. It is the best way to improve economic competitiveness and human prosperity for decades to come.
Private investment in conservation is always welcome but the evidence suggests governments will need to do the heavy lifting when it comes to repairing nature.
The Transmutation Principle CEO Thibaut Meurgue-Guyard cites ESG backlash, corporate retreat from decarbonisation and burnout among sustainability professionals …