You are here

SG Budget 2017: New vehicular emissions scheme from Jan 1, 2018

14_29792097 - 31_10_2013 - nablitz31.jpg
SINGAPORE will be replacing its current carbon emissions-based vehicle scheme with a new vehicular emissions scheme from January 1, 2018.

SINGAPORE will be replacing its current carbon emissions-based vehicle scheme with a new vehicular emissions scheme from January 1, 2018.

In his Singapore Government's Budget Statement for financial year 2017 in Parliament on Monday, Minister for Finance Heng Swee Keat said the new scheme will consider four other pollutants on top of carbon dioxide. The new scheme will run for two years and will be reviewed before it expires.

The government will extend the current scheme, which was implemented in 2013 to encourage the take-up of cars and taxis with low carbon emissions, until Dec 31, 2017.

sentifi.com

Market voices on:

Powered by GET.comGetCom