KINIGUIDE | What is carbon storage and is it good for Malaysia?

KINIGUIDE | Last week, Economy Minister Rafizi Ramli announced the government has identified Terengganu, Pahang, Sabah, and Sarawak as potential leaders in the carbon capture and utilisation storage (CCUS) industry.

He said these states have decommissioned oil wells and existing terminal facilities that can be used as carbon storage.

But what is carbon storage and is it a good idea for Malaysia to be a leader in this industry? This Kiniguide explores.