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carbon tax
Budget 2022
Singapore government to issue $35 bil in green bonds by 2030, raise carbon tax in stages
Singapore will raise its carbon tax rate in stages until 2030, growing up to 16 times its current rate.
February 18, 2022
Environmental, Social and Governance
KPMG: Make carbon tax more cost-effective
“Further increases in the carbon tax rate may translate to higher prices of electricity for consumption.”
January 27, 2022
Environmental, Social and Governance
Policy inertia must end in the wake of COP26
"After some of the fallout from Glasgow, this inertia will be overcome — sooner, definitely, than later."
December 09, 2021
Climate change
Covid-19 a 'dress rehearsal' for climate emergency, expect revised carbon tax rate at Budget 2022: Wong
Wong stopped short of discussing Singapore’s pandemic response, instead focusing on Singapore’s carbon tax.
September 30, 2021
Climate change
Why reducing global emissions is important
To save the world, countries that emit less than the global per capita average should get a carbon incentive, says Raghuram Rajan.
June 04, 2021
Sustainability
Asean lagging behind in sustainability efforts, experts say
SINGAPORE (Sept 18): Southeast Asia is lagging behind in sustainability efforts despite being most vulnerable to climate change, say experts at the BNP Paribas Sustainable Future Forum on Wednesday.
September 18, 2019
Sustainability
How will carbon tax affect investors and companies?
SINGAPORE (July 8): On Jan 1 this year, the Carbon Pricing Act came into force in Singapore. Under the Act, any industrial facility that emits greenhouse gases (GHG) equal to or above 25,000 tonnes of CO2e, or carbon dioxide equivalent, will have to pay a
July 05, 2019
Sustainability
How will carbon tax affect investors and companies?
SINGAPORE (July 8): On Jan 1 this year, the Carbon Pricing Act came into force in Singapore. Under the Act, any industrial facility that emits greenhouse gases (GHG) equal to or above 25,000 tonnes of CO2e, or carbon dioxide equivalent, will have to pay a
July 05, 2019
Sustainability
Cutting carbon
Economists consider a carbon tax an efficient way to tackle climate change. But tariffs here are minimal and likely to have little impact on businesses and behaviour.
July 05, 2019
Singapore Budget
Singapore is hiking its sales tax, but not until 2021 or later
SINGAPORE (Feb 20): Singapore said its sales tax will rise to 9% from 7%, but the change will only come "sometime" between 2021 and 2025, making it likely that the increase would kick in after the city-state's next general election.
February 20, 2018