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Opinion / #net zero
As climate risks become financial risks, investing in resilience is essential to protecting economic growth, attracting capital and securing Malaysia’s long-term prosperity.
Taiwan’s energy challenges highlight the limits of fossil fuel–based energy security as geopolitical tensions reshape global energy markets and supply chains.
If the current war creates a prolonged oil crisis, there will be more downward pressure on oil use – and an equal acceleration in China of electric car production at home, with an associated surge in exports.
Carbon credits to be tabled under Malaysia’s new climate change bill should serve as a bridge towards decarbonisation rather than a substitute for it.
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