Tag: carbon tax

Singapore to impose carbon tax from 2019

SINGAPORE, Singapore (AFP) — Singapore said Monday it would impose a carbon tax from next year to cut its greenhouse gas emissions and make companies more competitive as global agreements on climate change take effect. Finance Minister Heng Swee Keat said the tax would be levied on all facilities producing 25,000 tons or more of greenhouse gas emissions a year. The tax, to be applied to all sectors, will be Sg$5.0 ($3.8) per ton of […]