Budget 2022: Singapore to progressively raise carbon tax to reach net-zero target 'by or around mid-century'

CNA

2022-02-18 08:48
SINGAPORE: Singapore’s carbon tax will be progressively increased to reach S$50 to S$80 per tonne of emissions by 2030, in order to meet the country’s new target of reaching net-zero “by or around mid-century”, announced Finance Minister Lawrence Wong on Frid…