Malaysia to submit Carbon Capture Bill to parliament in March

To achieve its net-zero target, the Malaysian government is adopting various carbon reduction technologies, with carbon capture set to present a development draft in March to help hard-to-decarbonize industries transition. According to TA Securities, Malaysia’s carbon capture technology is expected to attract over $10 billion in capital investments within the next five years.

Thailand approves carbon tax to curb emissions, PM2.5 pollution

BANGKOK, Thailand – Thailand’s cabinet has approved a carbon tax on gasoline, diesel, and LPG, aiming to reduce pollution, including PM2.5 particulate matter, while initially avoiding direct impact on fuel prices, a government spokesperson said on Tuesday.