Singapore slashes starting level of carbon tax to S$5/t

Published 09:43 on February 19, 2018  /  Last updated at 10:13 on February 20, 2018  /  Asia Pacific, Carbon Taxes, International, Other APAC  /  No Comments

Singapore will tax CO2 its big emitters S$5/tonne ($3.81/t) from 2019, Finance Minister Heng Swee Keat said Monday, a rate that is significantly lower than previously planned.

Singapore will tax CO2 its big emitters S$5/tonne ($3.81/t) from 2019, Finance Minister Heng Swee Keat said Monday, a rate that is significantly lower than previously planned.

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