Posted by Tobby > 2021-12-20 23:09 | Report Abuse

Back in July, Nurul did warned lawmakers to prepare for floods amidst pandemic! At least we do have one thinking lawmakers in sea of dumbass!
Unfortunately, we have a bunch of dumbass ministers who even held official ceremony for rescue effort! I mean, why do you waste few hundred thousand just to shiok yourself dear Faizal!
Anyway, clearly after more than half a century, our administrations never learn anything!
The rescue effort in Selangor can only be describe as bunch of incompetents! There's no coordination from both state and federal level!
Only lawmakers like Anwar who enjoy turning such event into political gambit!
This is not once in every 100 years event! This is going to be yearly event!
Climate change is real and Malaysia is sitting right on the prime spot of climatic shift!
Malaysia will see more floods that any Asean neighbours! Just like how Philippines enjoy almost quarterly typhoon storms!
Like it or not, we need to adapt to climate change! Like it or not more and more surge ponds need to be built! Drains need to be cleaned every 3 months or so! And that's the most cost effective way to deal with climate shift!
Drastic and expensive ones like building walls along coastlines and flood pumps are just out of reach!
Future property development will need to focus on high rise apartments with multistory parking space!
Singapore has done this decades ago! In fact Singapore built the world biggest flood pond right under their feet! An engineering wonder even China or US can't even imagine!

Posted by Tobby > 2021-12-20 23:10 | Report Abuse

Singapore has quietly prepare for eventually impact of climate change! I have watch few clips from youtube of how Singapore is fully prepared against climate change!
For us in Malaysia, we barely touch the surface!

Posted by Johnzhang > 2021-12-21 10:22 | Report Abuse

Climate change havoc, decarbonisation policy and ESG compliance will significantly change the market dynamics of O&G and Agriculture sectors.
Curtailment of new investment in O&G and agriculture which actually started 2-3 years ago, will result extremely tight supplies going forward as opposed to continuous demand growth for these commodities.
Ultimately, these commodities will fetch good prices and consumers will suffer hyperinflation.

Upstream O&G producers and oil palm plantation companies are the beneficiaries from this development for years to come Consumers are the losers paying higher prices permanently