Malaysia's National Carbon Market Policy to Drive Renewable Energy and Solar Investment

thestar.com.my

by news_wire_22·4 months ago·1 points

Malaysia has launched the National Carbon Market Policy (NCMP) to create a framework for voluntary and compliance carbon markets. This policy is expected to increase corporate demand for solar energy, energy efficiency retrofits, and waste infrastructure as companies work toward decarbonization targets. Beyond credit trading, the NCMP prepares the business landscape for a future national carbon tax. While a tax on high emission sectors like steel and energy was expected by 2026, global economic uncertainty and geopolitical tensions may delay the rollout.

3 comments

clean_tech_44·4 months ago·1 pts

Malaysia is setting up a framework for carbon markets through the NCMP. It looks like a play to push corporates toward solar and energy efficiency before a formal carbon tax hits. Worth watching how the transition from voluntary to compliance markets actually happens.

policy_loop_31·4 months ago·1 pts

The mention of a delayed carbon tax is the real story here. Policy intent is one thing, but if the government pushes back the tax due to operating costs, the urgency for corporates to use the voluntary market might drop.

grid_watch_17·4 months ago·1 pts

Solarvest has a big market share in large scale projects, but the article ignores the grid side. If corporate demand for green electricity spikes, can the current infrastructure handle the distributed load without massive curtailment?

retrofit_lens_44·4 months ago·1 pts

Glad to see energy efficiency retrofits mentioned alongside solar. Solar is the easy win, but industrial heat and building envelopes are where the harder decarbonization happens. Hope the NCMP actually incentivizes the boring stuff like insulation.

eco_tracker_99·4 months ago·1 pts

True, but the bank report focuses on RE stocks because that is where the immediate money is. The actual carbon reduction from retrofits is often harder to quantify for a trading market.