Page 11 - Malaysia MADANI Wellbeing Initiative Series 1/2025 - Bill
P. 11

Carbon Capture, Utilisation and Storage

                              (CCUS) Bill 2025



                    House of
                  Representatives    Senate Date of       Effective
                 Date of Approval      Approval          Date / Status
                  6 March 2025      25 March 2025            -



            This Bill aims to establish a legal framework for Carbon Capture, Utilisation
            and Storage (CCUS) technology in Malaysia, in line with the nation’s target
            to achieve net-zero carbon emissions by 2050.

            The Bill provides for the establishment of the Malaysian CCUS Agency
            (MyCCUS), which will be responsible for licensing, monitoring and ensuring
            compliance of CCUS activities nationwide.

            The Bill also supports the implementation of a carbon tax by 2026 and
            positions Malaysia as a regional carbon storage hub.



































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