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International Journal of Research and Innovation in Social Science (IJRISS)

Driving Renewable Energy Through Carbon Pricing: Malaysia’s Path Toward Emission Trading System

byDayang Bachtinissa Nasriana Mohd Nasir; Muhammad Haziq Hedzril Norhairol; Nurshafiqah Khalid; Adlan Abdul Razak; Hanafi Haron; Mohd Haris Abdul Rani

Published November 20, 2025  •  Vol. 9, Issue 10, pp. 7812–7822Open Access
DOI: 10.47772/IJRISS.2025.910000639

Abstract

This paper explores emission trading systems (ETS) in promoting renewable energy through carbon pricing mechanisms, such as cap-and-trade. It examines how ETS has encouraged renewable energy in the European Union and California, and analyses changes in Malaysia's regulatory initiatives. The paper evaluates the effectiveness of ETS in improving the renewable energy industry, despite the absence of a fixed carbon price. It contends that an optimally structured ETS could lead to sustainable energy utilisation and align with the Paris Agreement. The paper presents policy measures to improve ETS effectiveness and safeguard the Malaysian energy sector.

Keywords: Carbon Pricing; Emission Trading Systems

JournalInternational Journal of Research and Innovation in Social Science (IJRISS)
ISSN2454-6186
Volume / IssueVolume 9, Issue 10
Pages7812–7822
Publication dateNovember 20, 2025
DOI10.47772/IJRISS.2025.910000639
PublisherRSIS International
LicenseOpen Access

How to cite this article

Dayang Bachtinissa Nasriana Mohd Nasir, Muhammad Haziq Hedzril Norhairol, Nurshafiqah Khalid, Adlan Abdul Razak, Hanafi Haron, & Mohd Haris Abdul Rani (2025). Driving Renewable Energy Through Carbon Pricing: Malaysia’s Path Toward Emission Trading System. International Journal of Research and Innovation in Social Science (IJRISS), 9(10), 7812-7822. https://doi.org/10.47772/IJRISS.2025.910000639

BibTeX

@article{Dayang2025,
  title   = {Driving Renewable Energy Through Carbon Pricing: Malaysia’s Path Toward Emission Trading System},
  author  = {Dayang Bachtinissa Nasriana Mohd Nasir and Muhammad Haziq Hedzril Norhairol and Nurshafiqah Khalid and Adlan Abdul Razak and Hanafi Haron and Mohd Haris Abdul Rani},
  journal = {International Journal of Research and Innovation in Social Science (IJRISS)},
  volume  = {9},
  number  = {10},
  pages   = {7812--7822},
  year    = {2025},
  doi     = {10.47772/IJRISS.2025.910000639},
  publisher = {RSIS International}
}