, July 19, 2022). It’s a point that I also took up at the World Economic Forum in Davos, Switzerland, which I attended last month .
A lot of that will come down to us and how we change our behaviour and encourage or, perhaps more appropriately, push for change by corporations which deliver goods and services in “our” names. The specific “50-billion-ringgit question” about Petronas is that its profits contribute around 15% to 20% of the national budget, which means we still need fossil fuel resources to pay for schools, hospitals, roads and other public services. The need for Malaysia to divest from fossil fuels has never been more critical. On the positive side Petronas is more transparent than others and has shared its aspirations to reach net zero.
At the WEF, I was able to work out what I wanted to ask about this growing confusion and uncertainty, and it was this: “Where are the Zukerbergs and Murdochs?”