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ESG Insights

Issue 82: Carbon tax starts to hurt; growing green interest in India

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Wong Pei Ting

Published Fri, Jan 5, 2024 · 04:50 PM
    • Consumers are feeling the effects of Singapore's carbon tax hike, writes ESG correspondent Wong Pei Ting.
    • Consumers are feeling the effects of Singapore's carbon tax hike, writes ESG correspondent Wong Pei Ting. GRAPHIC: BT / IMGFLIP

    In this issue: Consumers are feeling the sting of Singapore’s carbon tax hike, while the nation’s sovereign wealth fund chases green investments in India.

    Singapore

    Carbon tax starts to hurt with little respite in sight

    At the strike of midnight on Jan 1, 2024, Singapore’s carbon tax jumped from S$5 to S$25 per tonne of greenhouse gas emissions.

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