Carbon tax in the works?

During the 2010 Singapore Energy Lecture two days ago, PM Lee talked about future energy challenges and highlighted two concerns by the government. One – the depletion of fossil fuels, and two, greenhouse gases and global warming.

In addition, he said that Singapore is preparing itself for a new energy future, and listed the ways that the government is working towards it:

  • Investment in knowledge and capabilities, so as to look into future energy options
  • Building a smart energy economy
  • Development of a long term energy masterplan
  • Four key strategies
    • Promotion of competitive markets
    • Diversifying energy supplies
    • Building up its energy infrastructure
    • Investment in energy research and innovation

In addition, PM Lee spoke on nuclear energy and the imposition of a carbon tax, both which are in its study stage.

TODAY has just published this news article on Minister Iswaran’s recap to the media of Singapore’s International Advisory Panel (IAP) on Energy, where he said that it is necessary to look into carbon taxation because it may be implemented once a global treaty is signed.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  • About Green Drinks Singapore

    Founded in November 2007, Green Drinks Singapore is one of more than 800 cities with a Green Drinks presence.

  • We are a non-profit environmental movement that connects academia, green businesses, activists, community and government, for knowledge sharing and collaboration opportunities. We do this by organising informal talks every last Thursday of the month, over drinks! Once in a while, we hold discussions, documentary screenings and workshops to further engage the public and participants.
  • Started in 1989 in London, the Green Drinks movement is a self-organising network that is meant to be simple and unstructured. The global site can be found at www.greendrinks.org.
%d bloggers like this: