Finance Ministry: Govt not planning to impose carbon tax in near future

  • 📰 malaymail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR, Feb 16 — The Ministry of Finance (MoF) has said that the government does not intend to implement a carbon tax in the near future. However, the ministry said...

KUALA LUMPUR, Feb 16 — The Ministry of Finance has said that the government does not intend to implement a carbon tax in the near future.

The MoF said such a study will need to be comprehensive in order to gauge the impact of such a tax on industry and consumers. According to MoF, the carbon tax mechanism will need to be guided by the carbon mitigation policy of the Ministry of Natural Resources, Environment and Climate Change and be in line with the National Low Carbon Aspiration 2040 plan as targeted under the National Energy Policy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DPM Zahid: Finance Ministry postpones Jana Wibawa Project pending review of procurement processKUALA LUMPUR, Feb 15 — The Finance Ministry has ordered the implementation of the Jana Wibawa Project to be postponed for a review of whether its procurement procedure is in...
Source: malaymail - 🏆 1. / 86 Read more »

Nanta: Works Ministry expedites negotiations with MoF, toll companies for open toll paymentALOR GAJAH, Feb 16 — Negotiations on an open or multi-mode toll payment system between the Works Ministry (KKR) and the Ministry of Finance (MoF), as well as related...
Source: malaymail - 🏆 1. / 86 Read more »