Carbon Taxes in Singapore: Causes and Consequences

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On 13 July, the energy committee examined Singapore’s carbon tax in relation to the three broad policy criterias of economic efficiency, distributional equity and environmental effectiveness. The speaker, Dr Tilak Doshi, Managing Consultant, Muse, Stancil & Co. (Asia), outlined the differences between carbon taxes and cap-and-trade schemes.  During the session, one of the most fundamental policy question presented on carbon tax laws was:  Will Singapore’s role as Asia’s premier oil business hub be compromised by the proposed carbon tax laws. Committee members also discussed about the tradeoff involved when attempting to balance between economic growth and climate change objectives.

Co-Chairs

Kazunari Fukui

Kazunari Fukui

General Electric International

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Energy Committee

The Energy Committee serves as a primary networking tool for the energy sector of Singapore. Along with regularly scheduled internal briefings and networking events, the Committee is also active in tracking legislation, trends in well-established and renewable energies, regulatory conditions and studies, with regards to policies towards the industry and its relations to the American business community.
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