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SUSTAINABLE ENERGY

Singapore can play a part in developing carbon pricing: BP

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The mechanisms to develop a carbon pricing market are ready, according to Mr Dale, but what is lacking is political will.

Singapore

GOVERNMENTS have to take the lead in moving the world to a low-carbon future. And Singapore, because of its unique place in Asia, can play a role in this process, said BP group chief economist Spencer Dale.

"Governments have to set the incentive," he said. "There's a lot