Does Singapore need a Ministry of Energy?

August 1, 2008 by  
Filed under Insights

The New Paper ponders on whether Singapore needs a new Ministry of Energy to tackle energy issues more holistically and ensure our future energy security. The article says that “energy security lies in a muddy middle zone” and “there’s no one body fully in charge”. It also suggests some ideas on what a Ministry of Energy can do, such as:

  • Buy our own oil field
  • Buy overseas farms to grow food
  • A law to set a minimum temperature in Singapore offices
  • Forge closer relations with oil-producing countries

The government’s energy policies on energy conservation, energy efficiency, energy market regulation and energy industry are pursued by the different relevant ministries and agencies. This is understandable as energy issues are often complex and cut across different sectors and industries. Read more