Skip to main content

Singapore to implement carbon tax in 2019

by Futures Centre, Feb 24
1 minute read

As announced in the country’s 2017 annual budget speech, Singapore is set to introduce a carbon tax of SGD$10-20 (USD 7-14) per tonne of carbon released, starting from 2019. Beyond carbon dioxide, the tax penalises five other greenhouse gas emissions: methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons and sulphur hexafluoride. The tax is aimed at helping Singapore achieve its Paris Agreement targets to reduce emissions while boosting its clean energy sector.

Details

by Futures Centre Spotted 1998 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.

>