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Carbon tax

EU countries give final approval to 2040 climate target for 90% emissions cut

The EU’ new target to cut greenhouse gas emissions by 90 per cent by 2040 is a hard-fought political compromise.
The EU’ new target to cut greenhouse gas emissions by 90 per cent by 2040 is a hard-fought political compromise.

Weak global climate action may keep 2030 carbon tax at lower end of $50 to $80 range

Singapore will calibrate its moves cautiously while taking into account development in other countries, so that it does not put itself at a competitive disadvantage.
Singapore will calibrate its moves cautiously while taking into account development in other countries, so that it does not put itself at a competitive disadvantage.

Singapore shouldn’t sprint ahead on carbon tax as the world drops off

Generic of Jurong Island on Nov 7, 2024.
Generic of Jurong Island on Nov 7, 2024.

Utility bills in Singapore could be affected as carbon tax rises in 2026; rebates to cushion impact

The total electricity and gas utility bill of an average 4-room HDB flat will go up by about $3 per month.
The total electricity and gas utility bill of an average 4-room HDB flat will go up by about $3 per month.

In Good Company

Chinese dumping, carbon tax, anti-globalisation: Evonik’s CEO has plenty on his mind

Mr Christian Kullmann, Evonik's 57-year-old chief executive officer.
Mr Christian Kullmann, Evonik's 57-year-old chief executive officer.

Many South-east Asians support climate action, but hesitant about policies that can raise costs

The sentiment to delay the phase-out of coal spanned all 10 countries, even those with low dependence on coal like Singapore and Myanmar.
The sentiment to delay the phase-out of coal spanned all 10 countries, even those with low dependence on coal like Singapore and Myanmar.

Britain to introduce $2.5 billion package to help switch to EVs

The Electric Car Grant scheme had helped more than 35,000 drivers make the switch to an EV by cutting upfront costs by up to £3,750.
The Electric Car Grant scheme had helped more than 35,000 drivers make the switch to an EV by cutting upfront costs by up to £3,750.

MAS launches $15 million grant to spur financial institutions to participate in carbon markets

The grant will help financial institutions cover some costs and build the foundation for their sustained involvement in the carbon market, said MAS.
The grant will help financial institutions cover some costs and build the foundation for their sustained involvement in the carbon market, said MAS.

ST Explains

What is the significance of S’pore’s carbon trading pacts on firms and the economy?

View of cement and petrochemical facilities on Jurong Port and Jurong Island on December 8, 2020.
View of cement and petrochemical facilities on Jurong Port and Jurong Island on December 8, 2020.

US succeeds in blocking global carbon tax on ships for now

The postponement marks a setback for multilateral environmental regulations ahead of next month’s COP30 climate summit in Brazil.
The postponement marks a setback for multilateral environmental regulations ahead of next month’s COP30 climate summit in Brazil.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.