KUALA LUMPUR: Malaysia will require an estimated RM637bil in new investments until 2050 in its transition to renewable energy (RE), says Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad.
He said at the same time, the revision of the electricity tariff surcharge had resulted in a more climate-friendly consumption of energy by businesses, with more firms now transitioning to RE and becoming more energy-efficient.
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