New goal would let members buy foreign carbon credits to contribute to emissions cut benchmark

Ministers to first agree on 2040 goal before deriving emissions pledge for 2035

Critics voice deforestation, carbon emission fears, but advocates hail cheaper logistics

Some nations cautious as govts look to increase defence spending, support struggling industries

BRUSSELS, April 7 — The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the carbon dioxide (CO2)-cutting efforts it demands from domestic industries, sources familiar with the matter told Reuters.

KUALA LUMPUR, March 25 — Dewan Negara has unanimously passed the Carbon Capture, Utilisation and Storage (CCUS) Bill 2025 today, paving the way for increased investment and economic growth.

KUALA LUMPUR, Nov 21 — Petronas and other stakeholders in Southeast Asia’s energy sector have declared they can play a leading role in the region’s decarbonisation efforts by focusing on reducing methane emissions.

SEPANG, Oct 22 — With the introduction of new cutting-edge ground support technology, Combo Units by AirAsia is expected to reduce carbon dioxide (CO2) emissions by an estimated 20,000 tonnes per year, said Transport Minister Anthony Loke Siew Fook.

KUALA LUMPUR, Aug 19 — The government is looking to implement a carbon tax to incentivise local companies to reduce carbon emissions, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz today.

LONDON, Nov 14 — Governments are making insufficient progress in slashing greenhouse gas emissions to avert the worst impacts of global warming, according to a United Nations report released Tuesday.