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.


Kazunari Fukui

Kazunari Fukui

General Electric International

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