News Analysis

Carbon tax plan allows emitters time to act

Experts say that the initial carbon tax quantum of $5 per tonne of emissions is a sensible one that gives large emitters time to make the transition before a future increase.ST PHOTO: KUA CHEE SIONG

SINGAPORE - Singapore's carbon tax plan, with its low initial rate and hike in the longer term, is one that makes sense, say experts.

Access to renewable energy options such as wind or tidal power here - an important factor that must be considered when putting a price on carbon - is limited.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.