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Good climate policy needs to tread a fine line between certainty and flexibility
A heated exchange showed up the differences not just in philosophy between both sides of the House, but also their approach to policy.
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Minister for Sustainability and the Environment Grace Fu spoke of the need to strike a balance among the environment, economy and society.
PHOTO: ST FILE
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Even as countries convene in Egypt for the 27th United Nations Climate Change Conference (COP27) to discuss the warming planet, Parliament on Tuesday debated the future of Singapore’s own climate resilience – in particular, changes to its carbon tax and pricing regime.
The carbon tax regime here is today governed under the Carbon Pricing Act, which provides for, among other things, requirements on registration, reporting and payment of tax in relation to greenhouse gas emissions. Key features of the carbon pricing amendment Bill debated on Tuesday include:
