A carbon tax on the iron, steel, and energy sectors will be introduced by 2026.
When presenting Budget 2025 on Friday (Oct 18), Prime Minister Datuk Seri Anwar Ibrahim stated that this initiative is designed to encourage the adoption of low-carbon technologies.
Additionally, Anwar announced a RM70mil rebate initiative under Budget 2025 to incentivise consumers to purchase energy-efficient electrical appliances, further promoting the shift towards green technology.
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When presenting Budget 2025 on Friday (Oct 18), Prime Minister Datuk Seri Anwar Ibrahim stated that this initiative is designed to encourage the adoption of low-carbon technologies.
Additionally, Anwar announced a RM70mil rebate initiative under Budget 2025 to incentivise consumers to purchase energy-efficient electrical appliances, further promoting the shift towards green technology.
Read more at https://shorturl.at/F6rp4
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00The NETR plan is to divert the energy sector towards achieving greenhouse gas targets,
00:10clean by the beginning of 2050.
00:13Next year, more than Rp 300 million will be provided under the Easy Energy Transportation Fund,
00:20compared to Rp 100 million this year.
00:23Several NETR projects, including the implementation of the Kenyai Hydro-Hybrid Solar Farm
00:32and the Terengganu Green Hydrogen Hub, are among the largest in our country,
00:39and among the largest in ASEAN,
00:43and will be launched in the short term, involving Petronas and TNB in Tasik Kenyai.
00:51In the issue of new energy achievements, the NET Energy Metering Programme will be continued until 30 June 2025.
00:59So, the premise roof is used to install photovoltaic solar panels.
01:05Then, the green technology financing scheme will be continued with Rp 1 billion financing until 2026.
01:16UEM, Lestra and TNB will invest Rp 16 billion to increase the efficiency of transmission and circulation systems
01:25as well as carbon emissions in the industrial sector.
01:29The Act on Energy Efficiency and Energy Conservation on Energy Efficiency
01:35will be approved through E-REBAT until Rp 70 million is provided,
01:41including the industry to purchase electricity equipment for the industry.
01:46The energy performance contract will be introduced, and this will save the electricity bill up to 10%.
01:55Putrajaya is moving towards the low-carbon city,
02:01and the roof space along the footpath is almost 5 km,
02:06and the parking lot will be installed with solar panels to save the electricity bill.
02:11E-VEE, a payment incentive scheme,
02:15is ready and has been reorganized in line with the desire to boost the E-VEE transition to install CKD facilities.
02:23Produa is planning to issue an E-VEE with a price below Rp 100,000 to meet the people's demand.
02:31The use of CKD electric motorcycles up to Rp 2,400 will be continued with Rp 10 million.
02:42The government will introduce carbon tax on the iron and steel industry.
02:47This project aims to boost the use of low-carbon technology,
02:53and this will also help to finance green engineering and technology programs.
02:58Kata dan madah pujanga samat saing.
03:02Dan dengan sederap rentak dan sesahdu suara,
03:09kita tetap bertekad melindungi rimba terdera.
03:14Kau yang pendera, usah berhelah atau berpura,
03:19kerana sedalam kuburnya, kuburmu, rimba akan membela.
03:24Langkah Lestari oleh Sastrawan Negara Samat Saing.