(Kuching, 3rd) Sarawak Premier Datuk Patinggi Tan Sri Abang Johari revealed that the Sarawak government is studying the relationship model between Scotland and the United Kingdom to establish a fairer carbon tax revenue distribution mechanism and clarify the division of regulatory powers over emerging resources between the federal and Sarawak governments.
He said this move is crucial for ensuring Sarawak receives its due returns from natural resources in emerging fields, such as the Carbon Capture, Utilization, and Storage (CCUS) system.
“The key is how carbon tax should be distributed between the federal government and Sarawak government. Therefore, we are studying the model used by Scotland and the United Kingdom to clarify how to achieve fair distribution in terms of shared power and revenue.”
He made the above remarks during a fireside chat at the 'Sarawak Link Series 2025' event in London last night. The session was themed 'Sarawak's Global Vision: Sustainability, Innovation and Strategic Partnerships' and was hosted by Lord Jonathan Marland.
Abang Johari pointed out that Sarawak is currently at the forefront of sustainable carbon industry development and has pioneered legislation aimed at reducing greenhouse gas emissions nationwide, marking an important step forward in promoting the green economy.
When discussing the management of strategic resources such as thorium and other rare earth metals, he emphasized that Sarawak does not wish to merely export raw materials but aims to establish a complete value chain from upstream to downstream to enhance added value.
“To achieve this goal, we are collaborating with international agencies and investors with expertise and technology. As long as the vision is aligned, we can progress together.”
He noted that Sarawak has successfully attracted significant investments from South Korea, Japan, and China and is currently exploring potential cooperation with European countries, striving to establish a more balanced global investment network.
“We hope to drive policy and economic activities based on our own advantages, and I believe this strategy has started to bear fruit.”
He said this move is crucial for ensuring Sarawak receives its due returns from natural resources in emerging fields, such as the Carbon Capture, Utilization, and Storage (CCUS) system.
“The key is how carbon tax should be distributed between the federal government and Sarawak government. Therefore, we are studying the model used by Scotland and the United Kingdom to clarify how to achieve fair distribution in terms of shared power and revenue.”
He made the above remarks during a fireside chat at the 'Sarawak Link Series 2025' event in London last night. The session was themed 'Sarawak's Global Vision: Sustainability, Innovation and Strategic Partnerships' and was hosted by Lord Jonathan Marland.
Abang Johari pointed out that Sarawak is currently at the forefront of sustainable carbon industry development and has pioneered legislation aimed at reducing greenhouse gas emissions nationwide, marking an important step forward in promoting the green economy.
When discussing the management of strategic resources such as thorium and other rare earth metals, he emphasized that Sarawak does not wish to merely export raw materials but aims to establish a complete value chain from upstream to downstream to enhance added value.
“To achieve this goal, we are collaborating with international agencies and investors with expertise and technology. As long as the vision is aligned, we can progress together.”
He noted that Sarawak has successfully attracted significant investments from South Korea, Japan, and China and is currently exploring potential cooperation with European countries, striving to establish a more balanced global investment network.
“We hope to drive policy and economic activities based on our own advantages, and I believe this strategy has started to bear fruit.”