Finance Ministry says no plans to impose carbon tax in near future | The Malaysian Insight

The Finance Ministry says the government does not intend to implement a carbon tax in the near future. – The Malaysian Insight file pic, February 16, 2023.

However, the ministry said there may be a need for it in the long term and will study its feasibility as one of the ways to support the nation’s goal of reducing greenhouse gas emissions by 45% based on the GDP in 2030, as targeted in the 12th Malaysia Plan. “The study will need to refer to best practices in the countries that have implemented the carbon tax,” the ministry said on the parliament website in response to queries from members of parliament.

Ireland Ireland Latest News, Ireland Ireland 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 »

Finance Ministry: Govt not planning to impose carbon tax in near futureKUALA 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...
Source: malaymail - 🏆 1. / 86 Read more »