Premium Essay

Renewable Energy Law of Malaysia

In: Miscellaneous

Submitted By majidomar
Words 8456
Pages 34
Sustainable Energy Development Authority SUSTAINABLE ENERGY DEVELOPMENT AUTHORITY BILL 2010
ARRANGEMENT OF CLAUSES PART I
PRELIMINARY Clause

1

1. 2.

Short title and commencement Interpretation PART II
THE AUTHORITY

3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14.

Establishment of the Authority Common seal Membership of the Authority Temporary exercise of functions of the Chairman Schedule Approval to hold other offices Tenure of office Remuneration and allowances Revocation of appointment and resignation Vacation of office Committees Disclosure of interest PART III
FUNCTIONS AND POWERS OF THE AUTHORITY

15. 16. 17. 18. 19. 20. 21.

Functions of the Authority Powers of the Authority Additional functions of the Authority Delegation of the Authority’s functions and powers Direction by Minister Returns, reports, accounts and information Authority may establish and participate in bodies corporate

2

Bill
PART IV
EMPLOYEES OF THE AUTHORITY Clause

22. 23. 24. 25. 26. 27. 28.

The Chief Executive Officer Temporary exercise of functions of Chief Executive Officer Appointment of employees of the Authority Conditions of service Payment of retirement benefits, etc. Loans, scholarships and advances Authority may adopt regulations, etc. PART V
FINANCE

29. 30. 31. 32. 33. 34. 35. 36. 37. 38.

The Sustainable Energy Development Authority Fund Expenditure to be charged on the Fund Conservation of the Fund Bank accounts Power to borrow Investment Limitation on contracts Financial procedure Financial year Accounts and reports Part VI
GENERAL

39. 40. 41. 42. 43. 44. 45.

Restriction on the use of the symbol or representation of the Authority Offence for unauthorized modification of information in the Authority’s custody Prosecution Public servant Protection against suits and legal proceedings Public Authorities Protection Act 1948 Obligation of...

Similar Documents

Premium Essay

The Importance Of Sustainable Energy

...Introduction Energy is a vital element in all countries’ development. Considering the importance of energy for sustainable development, the United Nations (UN) introduced a global plan in 2012 called “sustainable energy for all (SE4ALL)” to involve all societies in providing global sustainable renewable energy by 2030. The term sustainable development has been defined in different ways, but the most commonly quoted definition is “the development that meets the needs of current generations without compromising the ability of future generations to meet their own needs” (cited in Soubbotina, 2004, p. 9). The renewable energy plays a crucial role in contribution to sustainable development to satisfy the needs of the future generations. This paper...

Words: 1746 - Pages: 7

Premium Essay

Topics

...Renewable Energy hotmail2008 Table of Contents Executive Summary 2 Introduction 3 Wind Energy Data 5 Analysis 6 Conclusion 8 Bibliography 9 Executive Summary The majority of our nation’s energy is highly dependent on finite fossil energy sources, like coal and oil. Using fossil fuels to create electricity creates emissions that are both harmful to the environment and our health. Renewable energy sources provide a clean and viable long term alternative to fossil fuels. Renewable energy is energy generated by natural resources in the form of solar, wind, geothermal, hydroelectric, and tidal waves. Among the diversity of renewable energy, wind energy is the fastest growing power technology in the world. According to the U.S. government Energy Information Administration, the production of wind energy will be at least 20% by the year 2030. This report will prove the validity of this statement by using hypothesis analysis. Hypothesis analysis will reject the null hypothesis that wind energy production will be less then 20% in favor of the alternate hypothesis that states wind energy production will be at least 20% or greater. Introduction The majority of our nation’s energy is produced from the burning of fossil fuels, like coal, oil, and natural gas. Life as we know it and our economy revolves around these finite resources. Unfortunately, with our great demand for energy, especially gasoline, world production of oil has already reached its......

Words: 434 - Pages: 2

Premium Essay

Malaysian Transportation History

...Transportation in Malaysia INTRODUCTION The purpose of this paper is to define the transportation system and its assets in Malaysia providing a brief history of the country’s transportation and examine the different means through which passengers and goods are moved from one place to another with emphasis on technology development and its overall impact on transportation. The paper will also explore the Malaysian culture looking at the origin of multiculturalism and how its broad acceptance has contributed to a better atmosphere of harmony resulting into a peaceful practice of desired religions. Further, the paper will analyze the role of government in the area of education, and the impact of technology on Malaysian culture in general. Finally, the paper will describe the moral and ethical issues associated with technology and how Malaysia addresses them. History of Malaysia’s transportation system The gateway to any society is better transportation and Malaysia is a country that has been improving on its transportation beginnings. Understanding the definition of the transportation system will provide clarity of the different system designs, structures, and capabilities set in place to meet specific transportation needs of the Malaysian people whether it is by land, air, and water. Asianinfo.org states “Malaysia’s road system, which was begun during British colonization, is extensive and covers about 63,455km.” The road systems length spans......

Words: 3323 - Pages: 14

Premium Essay

"Green" Incentives in Malaysia

...much focus in the recent years as people are beginning to strive for a balance between economic growth and sustainability. In fact, many developed countries such as UK, Japan have implemented strict environmental policies to enhance the quality on the environment and to preserve the sustainability of its resources. It is viewed that Malaysia’s effort has been marginal in achieving effective management of resources, pollution control and prevention of environmental degradation. Tax Incentives ENERGY Energy sector is one of the target sectors of Green Technology under the National Green Technology Policy. Various attractive incentives are given to businesses to encourage the generation of renewable energy (RE) such as biomass, biogas, hydropower and solar power, and the efficient use of energy (EE). Conservation of energy is a promoted activity under the Promotion of Investments Act of 1986, companies providing EE services or companies that incur capital expenditure for conserving energy for own consumption can be considered for the Pioneer Status or the Investment Tax Allowance. Besides, for companies who intend to implement Power Quality Improvement Projects can apply for Accelerated Capital Allowance (ACA). On top of these, income received from the sale of certified emission reduction would be exempt from income tax. Incentives Available to Companies Adopting RE/EE Initiatives: a) Pioneer Status: Exempt from income tax on 100% of statutory income for 10 years.......

Words: 3203 - Pages: 13

Free Essay

Ytl, Itm

...it is the second largest cement producer and the largest producer of ready-mixed concrete in Peninsular Malaysia. Cement is an inorganic, non-metallic substance with hydraulic binding properties, and is used as a bonding agent in building materials. It is a fine powder, usually grey in colour, that consists of a mixture of the hydraulic cement minerals to which one or more forms of calcium sulphate have been added (Greer et al., 1992). YTL Cement Bhd is one of the business by YTL Corporation Bhd (YTL Corp) since 1955. YTL Corp is an infrastructure conglomerates. Other of subsidiaries are power supply, hotels and properties, land and development, high speed rail, operating and maintenance activities, IT incubation, real estate investment trust, and carbon consulting.(ytl.com, 2016) According to (The Star Online, 2010) “With its cash reserves amounting to about RM10.8bil, analysts said YTL Corp could easily acquire assets up to US$25bil-US$30bil without the need to raise more money. It had been reported that the group was looking at acquisition opportunities in the water utilities, power generation and cement businesses, especially in China where it wanted to grow its presence in cement and power generation.” Therefore, unlimited outlook of YTL Corp is being affected by attention. 2 PESTEL analysis Political Political factors are the stability of political issues in Malaysia helps to reduce disputes between each other and then business growing faster with pro-business policies...

Words: 1843 - Pages: 8

Premium Essay

Business

...Trade in Environmental Goods and Services Summary The environment industry supplies pollution control, reduction, clean-up and waste handling equipment and related services, and a growing range of other environmental services. Trade in Environmental goods and services (EGS) industry is worth around $758 billion in 2011. In International trade, the largest exporter is China and importer is Germany of EGS. The promotion of EGS is been done by providing subsidy and standardising the EGS products. According to the International Energy Agency IEA (2011), global renewable energy subsidies were about $66 billion in 2010, and will reach almost $250 billion in 2035. Total global investment in EGS is $260 billion in 2011 – up 5 percent above 2010 levels and almost five times the total of $54 billion in 2004. The tariffs rates imposed on EGS generally range between 5%-10% Introduction International trade in environmental goods and services (EGS) may contribute to the achievement of environmental, economic and developmental benefits and to the transition towards a “green economy”. The international community has been exploring several strategies to promote sustainable development through enhanced trade in EGS. The WTO negotiations on EGS seek to reduce or eliminate tariff and non-tariff barriers to trade in EGS. The Doha Ministerial Declaration in paragraph 31 (iii) provides the mandate for WTO negotiations on environmental goods and services liberalization by way of “the reduction......

Words: 1983 - Pages: 8

Premium Essay

Trans Pacific Partnership Agreement

...ABSTRACT Trans- Pacific Partnership Agreement (TPPA) is now sound familiar to Malaysia, this is because that countries is one out of the twelve countries that involve in that agreement. The goals of the Trans-Pacific Partnership (TPP), a much-delayed but significant trade agreement between 12 countries in Asia-Pacific and the Americas pushed by the US are increasingly becoming clearer after ongoing talks reveal some of the intentions Washington is pursuing with this pact. The highlighted of the agreement is to increase in import growth is projected to outpace increase in export growth, as the reductions in import tariffs and non-tariff measures (NTM) are larger for Malaysia relative to the other TPPA countries. According to The New York Times, economists are sharply split over the positive and negative effects of TPP, and both "opponents and supporters of the trade accord have quickly seized upon whichever analysis buttressed their own views. ECIPE has said in 2014 that TPP "will be the first ‘competing’ economic integration that is large enough to have a considerable negative impact on Europe. In the long-term, the negative effects will come from dynamic impact, e.g. on investment, productivity and competitiveness". Pascal Lamy called the TPP ‘the last of big old-style trade agreements’. It has said to be a negative impact on the oil and gas sector whose share of GDP is 12 per cent. PETRONAS stands to benefit very little from TPPA as 74 per cent of its exports are to......

Words: 7586 - Pages: 31

Premium Essay

Research, Solar Cell Production and Market Implementation of Photovoltaics

...PV StatuS RePoRt EUR 24807 EN - 2011 The Institute for Energy provides scientific and technical support for the conception, development, implementation and monitoring of community policies related to energy. Special emphasis is given to the security of energy supply and to sustainable and safe energy production. European Commission Joint Research Centre Institute for Energy Contact information Address: Via Enrico Fermi 2749 TP 450 21027 Ispra (VA) Italy E-mail: arnulf.jaeger-waldau@ec.europa.eu Tel.: +39 0332 789119 Fax: +39 0332 789268 http://ie.jrc.ec.europa.eu www.jrc.ec.europa.eu PV Status Report 2011 Research, Solar Cell Production and Market Implementation of Photovoltaics July 2011 Arnulf Jäger-Waldau European Commission, DG Joint Research Centre, Institute for Energy, Renewable Energy Unit Via Enrico Fermi 2749; TP 450 I – 21027 Ispra (VA), Italia EUR 24807 EN Legal notice Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use, which might be made of the following information. The report does not represent any official position of the European Commission, nor do its contents prejudge any future Commission proposals in any areas of Community policy. A great deal of additional information on the European Union is available on the Internet. It can be accessed through the Europa server http://europa.eu/ JRC 64900 EUR 24807 EN ISBN 978-92-79-20171-4 ISSN 1831-4155 doi 10.2788/87966 The......

Words: 62002 - Pages: 249

Premium Essay

Importance Of Solar Energy In The Philippines

...4.4 PV Sector As the country’s economy grows and rapid urbanization, the need of more energy is required to fuel the increased level of activity. One of the driver to deploy additional capacity from the urgent need of energy is to harness the country’s RE sector particularly the solar energy. Solar was forecasted to be an instant solution to the whooping energy supply challenge of the country, since it is considered as a cost-effective technology. Thus, the country founded a non-profit organization in 2010, wherein this could be able to help reduce risk and hasten PV Solar Development in the Philippines. The group of members are comprising of cell manufacturers, project developers, producers, installers, off takers, and individual members, such as the academic community. This alliance is very active when it comes to policy consultation on the implementing rules and regulations of the RE law. Furthermore, the group aims to help develop the manpower base of the solar industry, promotes...

Words: 1867 - Pages: 8

Premium Essay

Freight Transport as an Environmental Problem

...issues. The freight transport in Europe by road, rail and waterway together has grown by about 60 per cent since 1970; especially road transport has more than doubled, while rail and waterway still remained static. In this case, there is involving an increasing number of road freight traffic that could cause towards the increasing of environmental problem. For a case in point, when heavy goods vehicles are being used to transfer goods from a point of origin to another destination, it could be leaking out pollutant material and energy emission that would be harmful to humans as well as flora and fauna. 2.2 Controversy relationship issue The relationships between transport growth and economic development are significantly different from those linking the economy to the energy sector generally. The energy intensity of economic defined as the amount energy needed to generate 1 Gross Domestic Product (GDP) unit has declined sharply since 1974. Thus, energy use and economic growth would have to be separated. Furthermore, transport and the economy factors had always been related to each other during the last decades. Economists have become even more transport intense as a major challenge for the...

Words: 6771 - Pages: 28

Free Essay

Sustainability Report

...rtYTL CORPORATION BERHAD 92647-H www.ytl.com.my www.ytlcommunity.com YTL CORPORATION BERHAD 92647-H 11th Floor Yeoh Tiong Lay Plaza 55 Jalan Bukit Bintang 55100 Kuala Lumpur Malaysia Tel • 603 2117 0088 603 2142 6633 Fax • 603 2141 2703 the journey continues... YTL CORPORATION BERHAD 92647-H sustainability report 2011 sustainability report 2011 This report is printed on environmentally friendly paper. YTL CORPORATION BERHAD 92647-H Table of Contents 2 10 12 20 38 102 114 116 Managing Director’s Review Corporate Responsibility Promotion Of Arts & Culture 14 Starhill Gallery Arts Festival 15 The Kuala Lumpur Performing Arts Centre (KLPac) 17 Singapore Dance Theatre 17 The Actor’s Studio at the Rooftop, Lot 10 17 A Midsummer Nights Feast at Starhill Gallery 18 Feast Village Junior 18 Hutong – A Gourmet Heritage Village at Lot 10 19 YTL Concerts of Celebration Supporting Education & Community Development 22 Education Initiatives 28 Community Support & Development Initiatives 36 Employee Welfare Protection of the Environment 40 The YTL Group’s Environmental Vision 42 Utilities 61 Cement Manufacturing 65 Express Rail Link 68 Property Development & Sustainable Design 85 Hotels & Resorts 87 Carbon Credit Consultancy Services 88 Biodiversity & Nature Conservation Programmes & Collaborations 102 Earth Hour 2011 105 Ongoing Outreach Through Climate Change Week 106 National Geographic Store, Kuala Lumpur 108 The Copenhagen Communiqué on Climate......

Words: 48018 - Pages: 193

Free Essay

Sustainability Report of Faber Castell

...sustainability report 2011 The idea is an ancient one. Often, the marks seem like enigmas. They contain hidden meaning, waiting to be rediscovered. Sometimes they wait thousands of years. This ancient idea is still very much alive. Ideas, thoughts, insights, confessions, promises, lies, vows... Who can measure the feelings expressed? Comprehend the joy and pain? Grasp the passion? Who can say how much has been written, drawn, sketched, designed, painted, in the history of mankind? Who can say how much has not been written, drawn, sketched, designed, painted simply because there was no pen to hand? Editorial Count Anton-Wolfgang von Faber-Castell, Chairman and CEO of Faber-Castell AG The values of any well-managed family business must include sustainability, social and environmental responsibility, and human virtues such as tolerance, humbleness and honesty. My great-great-grandfather, Lothar von Faber, was a businessman of great social dedication, and his descendants have followed his example as a matter of duty. The Social Charter signed in 2000 prohibits discrimination and child labour and protects our employees against exploitation. The agreements of the International Labour Organization (ILO), to which the Charter commits us, are for me no more than natural standards for anyone engaged in business. In order to achieve long-term success, you have to think in terms of the future. For me as a businessman it is extremely important......

Words: 19343 - Pages: 78

Premium Essay

New Economic Modal

...pART 1 NEW ECONOMIC MODEL FOR MALAYSIA NEW ECONOMIC MODEL FOR MALAYSIA pART 1 High Income Rakyat Quality of Life Inclusiveness Sustainability NEAC National Economic Advisory Council Level 5 & 11, Menara Usahawan Persiaran Perdana, Precinct 2 Federal Government Administrative Centre 62652 PUTRAJAYA MALAYSIA NATIONAL ECONOMIC ADVISORY COUNCIL NEAC www.neac.gov.my NEAC NATIONAL ECONOMIC ADVISORY COUNCIL CHAPTRE NEW ECONOMIC MODEL F O R M A L AY S I A 1 Part I: Strategic Policy Directions Copyrights Reserved All rights reserved. No part of this publication may be reproduced, stored in retrieval system or transmitted in any form or by any means electronic, mechanical, photocopying, recording and/or otherwise without the prior permission of: Secretary National Economic Advisory Council Level 5 & 11, Menara Usahawan Persiaran Perdana, Precinct 2 Federal Government Administrative Centre 62652 PUTRAJAYA Tel.: 03-8888 6512/ 8888 6513 Fax: 03-8888 4638/ 8888 4177 Email: secretariat.neac@pmo.gov.my www.neac.gov.my Sales copies are obtainable from: Percetakan Nasional Malaysia Berhad Jalan Chan Sow Lin 50554 Kuala Lumpur Tel.: 03-9236 6888 Fax: 03-9222 4773 Email: cservice@printnasional.com.my __________________________________ Cover design and layout by Percetakan Nasional Malaysia Berhad Preface This report is the first of two documents by the National Economic Advisory Council (NEAC) on the New Economic Model (NEM). This report......

Words: 52560 - Pages: 211

Premium Essay

Retranchment

...1. ARTICLES This article first appeared in The Edge Malaysia Weekly, on December 14 - 20, 2015 [pic] A construction industry executive recently rented a high-end condominium for about 30% less than the going rate a year ago. Why was the condominium so cheap? The property agent replied that the previous tenant — a high-ranking oil and gas (O&G) official — had lost his job. “It’s quite common now for O&G expatriates to lose their jobs, so the property market has also been impacted,” the agent said. According to a senior executive in the once-booming oil and gas sector, as many as 7,000 to 8,000 executives have lost their jobs after the second round of industry-wide retrenchments in the country. He has been told by colleagues that Petroliam Nasional Bhd (Petronas), Scomi Group Bhd and UMW Oil & Gas Corp Bhd have put a freeze on hiring and the list of companies doing the same is getting longer. “Worse still, MMHE [Malaysia Marine and Heavy Engineering Holdings Bhd] is looking to discontinue the services of as many as 800 contractual workers, and Petronas is also mulling over a similar move,” he says. Such moves are often denied and never publicised. An MMHE official tells The Edge that the company only makes such announcements internally, but adds that she has not heard of recent staff-reduction exercises. “MMHE, like most businesses, is operating in a very competitive industry and under tough economic conditions. Regrettably, this often has an unavoidable impact on staff,” an......

Words: 3681 - Pages: 15

Premium Essay

Hess

...The Hess Corporation is a leading pioneer in the energy industry sector, which conducts Marketing and Refining (M&R) as well as Exploration and Production (E&P) operations in 23 countries. They have a concentrated focus in the exploration, production, purchase, transportation, and sale of crude oil and natural gas as well as markets refined petroleum products, natural gas, and electricity. This company owns thousands of Hess gas stations, which include small convenience stores or Dunkin Donuts stores, throughout the East Coast of the United States to hundreds of thousands of acres of land in the North Dakota Bakken oil shale play. Internationally, Hess Corporation owns many other hundreds of thousands of acres in land where they conduct other exploration and production of crude oil and natural gas. Hess Corporation currently has a net income of $1.7 billion and transports more than 700,000 barrels of crude oil and other products daily via tankers, barges, pipelines, and production platform sales. However, there have been some important market changes and trends, which companies like Hess Corporation must pay close attention. Adapting to change is essential in the world of business. During today's economy and competitive environment, organizations can be certain of uncertainty. Change is occurring everywhere and is forcing business executives to review how the evaluate markets, technology, human resources, and competitiveness. For example, prior to the invention of......

Words: 3364 - Pages: 14