Carbon credits
Singapore contributes US$15 million to support carbon credit projects aligned with Paris Agreement
It is the first Asian country to pitch in to the carbon transaction facility
Philippine transition credits to cost between S$50 and S$80 in line with Singapore’s carbon tax
This is not the cheapest price range, but replacing coal with solar energy and battery storage is expensive
Carbon tax-liable companies can carry over unused carbon credit offset quota from 2025
A credit conversion formula will be applied to adjust the amount being rolled over
Singapore, the Philippines establish carbon credit transfer framework
It will advance both countries’ climate goals by allowing financing to unlock greater ‘mitigation potential’ in the Philippines, says MTI
Never mind the ozone layer, mind your dividends
If a company emits a lot of smoke to make its products, its costs are about to shoot up
Singapore, Thailand launch applications for carbon credit projects: MTI
Authorised projects may generate carbon credits that could help offset taxable emissions
Demand for carbon credits may climb if Middle East war drags on
Already, some parts of the world are bracing for fuel-switching to coal
Why electric motors will help your business flourish and be future-ready
Industrial systems and solutions specialist TMEIC offers alternatives to ageing turbine systems, helping companies digitalise operations, reduce downtime, and even earn carbon credits to offset taxabl...
Singapore carbon tax hike spurs demand for credits, but companies face supply crunch
Government is again looking into allowing roll-over of unused credits, and trying to ink carbon credit transfer deals with more countries
Carbon tax: Where Singapore stands in a world divided on price
From a whopping US$160 to just above US$0.70, the price of a tonne of carbon is set to remain at extremes globally
