Sabah urged to act fast on CCS industry to compete with Sarawak and capture carbon storage revenue
jesseltontimes.comA Sabah state assemblyman is pushing the state government to move quickly on carbon capture and storage (CCS) before it falls behind neighboring Sarawak. Alex Thien argues that Sabah has the geology and offshore fields to become a regional carbon storage hub, but needs a clear regulatory framework for CO2 transport to attract investment. Without rules for pipelines or maritime CO2 shipping, large-scale CCS projects will stay stuck in uncertainty. Thien wants Sabah to draft its own policies now rather than wait for the federal government to finish its framework. He sees CCS as a way to generate new revenue from carbon storage services and create high-skilled jobs in the state. The push highlights a growing competition between Malaysian states to capture the CCS market. Sarawak has already been lobbying the federal government for faster regulation, and Sabah risks losing out on billions in economic opportunities if it does not act proactively.
