Asia Pacific > Singapore passes bill to increase carbon tax, setting trajectory for S$50-80/t by 2030

Singapore passes bill to increase carbon tax, setting trajectory for S$50-80/t by 2030

Published 05:26 on November 9, 2022  /  Last updated at 05:26 on November 9, 2022  / Peter Kiernan /  Asia Pacific, Carbon Taxes, International, Other APAC, Paris Article 6, Voluntary

Singapore has passed the Carbon Pricing (Amendment) Bill, formally establishing an increase in its carbon tax in two stages to S$45 ($32) per tonne from 2026 and putting the country on a pathway for the tax to reach as high as between S$50-80/t by 2030.
Singapore has passed the Carbon Pricing (Amendment) Bill, formally establishing an increase in its carbon tax in two stages to S$45 ($32) per tonne from 2026 and putting the country on a pathway for the tax to reach as high as between S$50-80/t by 2030.


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