Now that Singapore will be implementing carbon pricing, the first question is whether it would be in the form of a carbon tax or a cap and trade system? Carbon tax allows price certainty but uncertainty in emissions reduction. Easier to implement and price certainty is good for businesses. But…
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Shifting into high gear with carbon pricing
This article is contributed by Jovin Hurry, who is reporting from Paris. To price or not to price, that has been the long debated question. Now the question has changed – how much to price carbon. The heads of state and government of France, Chile, Ethiopia, Germany, Mexico and Canada…
Continue ReadingSingapore Preparing For a Smart Energy Economy
Prime Minister Lee Hsien Loong delivered the annual Singapore Energy Lecture this morning at the 3rd Singapore International Energy Week (SIEW). PM Lee spoke about how Singapore is preparing for the new energy future amid uncertainties in future energy prices, a global regime on climate change, and new technologies. Singapore’s…
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