Carbon Trading in Malaysia: What Is It and How Renewable Energy Adoption will Benefit Companies

KUALA LUMPUR, Malaysia, Nov 25 (Bernama-PRNewswire) — In recent weeks, the world watched as delegates from over 200 countries contested, reaffirmed, and agreed to climate mitigation pledges at the COP 26 UN Climate Change Conference in Glasgow, Scotland. The impassioned opening speech by Sir David Attenborough called upon world leaders to “rewrite our story”, a plea to act swiftly on keeping global warming below 1.5°C by adopting more sustainable practices and cleaner energy. Progressture Solar has shared their opinions on this topic.

As world leaders closed the climate talks amidst developing countries’ calls for financial aid and last-minute amendments on the agreement for fossil fuel cuts, the discussion on global carbon trading saw a positive breakthrough as rules were finally set after 6 years of debate – signalling a more transparent and standardised platform for countries to trade carbon on.

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