Economy Watch

Green Plan a serious but cautious step towards low-carbon economy

A show of greater preparedness by firms may spur S'pore to speed up initiatives, say experts

Singapore's plan to expand its electric vehicle charging infrastructure is the first concrete pledge of its Green Plan, said experts in an ING report, adding that deploying 60,000 charging points at public carparks and other sites by 2030 is a very c
Singapore's plan to expand its electric vehicle charging infrastructure is the first concrete pledge of its Green Plan, said experts in an ING report, adding that deploying 60,000 charging points at public carparks and other sites by 2030 is a very competitive goal by current international standards. LIANHE ZAOBAO FILE PHOTO
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Singapore has made it clear that it is serious about decarbonising its economy but will proceed only at a measured pace to avoid any major business disruption or jobs displacement.

Ministers took turns during the parliamentary debate on the Singapore Green Plan 2030 on Thursday to remind legislators of the challenges and risks that the transformation entails.

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A version of this article appeared in the print edition of The Straits Times on March 06, 2021, with the headline Green Plan a serious but cautious step towards low-carbon economy . Subscribe