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Recently, the Singapore government has confirmed plans to implement a carbon tax
from 2019.
Singapore has decided to implement a carbon tax from 2019
By 2023, the tax rate on greenhouse gas emissions per ton will start at $5, after which it will increase to between
$10 and $15 per ton by 2030.
Finance Minister Heng Swee Keat announced that the plan is part of the budget and that major facilities emitting more than 25,000 tons of greenhouse gases will be affected
.
These facilities account for about
80% of the country's emissions.
The government expects a carbon tax to encourage companies to take steps to reduce emissions
.
"Companies that take steps to reduce emissions will be more competitive because more countries impose stricter limits on carbon emissions and more international climate change agreements like the Paris Agreement come into force
," the government said.
Of course, there will also be new opportunities
in areas such as sustainable energy and clean technology.
”
，
Recently, the Singapore government has confirmed plans to implement a carbon tax
from 2019.
Singapore has decided to implement a carbon tax from 2019
Singapore has decided to implement a carbon tax from 2019By 2023, the tax rate on greenhouse gas emissions per ton will start at $5, after which it will increase to between
$10 and $15 per ton by 2030.
Finance Minister Heng Swee Keat announced that the plan is part of the budget and that major facilities emitting more than 25,000 tons of greenhouse gases will be affected
.
These facilities account for about
80% of the country's emissions.
The government expects a carbon tax to encourage companies to take steps to reduce emissions
.
"Companies that take steps to reduce emissions will be more competitive because more countries impose stricter limits on carbon emissions and more international climate change agreements like the Paris Agreement come into force
," the government said.
Of course, there will also be new opportunities
in areas such as sustainable energy and clean technology.
”
，
