Ask Prime Minister Najib Razak and his ministers, and Malaysia is among the world’s leading nations when it comes to reducing greenhouse gas emissions. By 2020, the date when an international action plan on carbon reductions comes into effect, Malaysia will have reduced its emissions by 40% compared to 2005…

A useful insight for successful environmental policies is this: If you want people to act responsibly, incentivize responsible behavior. And so the Malaysian government’s new carbon tax incentives for local companies are a welcome development. Under a new government scheme, which is supported by the Finance Ministry, companies that voluntarily…