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'Tension' in Teesside power plant's approval, court hears

  • Malaysia aims to be a carbon capture, utilization, and storage hub in Southeast Asia with new legislation introduced.
  • The Carbon Capture, Utilisation and Storage Bill will govern activities in Peninsular Malaysia and the Federal Territory of Labuan, according to Economy Minister Rafizi Ramli.
  • The government expects the sector to contribute up to $250 billion to the economy over the next 30 years, despite potential losses due to exclusions of Sabah and Sarawak.
  • The Bill emphasizes environmental protection responsibilities for storage site operators, positioning Malaysia as a leader in low-carbon technology, according to Rafizi.
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TechNode Global broke the news in on Tuesday, March 4, 2025.
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