Asia Pacific > Asia > Malaysian steel sector needs $47/t carbon price by 2030 -report

Malaysian steel sector needs $47/t carbon price by 2030 -report

Published 09:31 on August 20, 2025 / Last updated at 09:31 on August 20, 2025 / / Asia Pacific (Asia), International (CBAM & Tariffs), Net Zero Transition (Industrial Decarbonisation)

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Malaysia should introduce carbon pricing for the steel sector in a phased manner to encourage a shift towards low-emissions production, a report published Tuesday said, adding that without intervention, the industry’s CO2 trajectory will remain misaligned with the national climate targets.
Malaysia should introduce carbon pricing for the steel sector in a phased manner to encourage a shift towards low-emissions production, a report published Tuesday said, adding that without intervention, the industry’s CO2 trajectory will remain misaligned with the national climate targets.


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