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Sustainability is gaining traction as a business move

The government has plans to move Singapore towards being a low-carbon economy. Firms are seeing the business sense in that.

One of eight buses plugging the sustainable living message as it plied its route last year. This was a drive by the Singapore Green Building Council.

SINGAPORE is now one of the first countries in Asia to introduce a carbon tax to reduce fossil fuel consumption and to use market pricing to develop a low-carbon economy.

The tax, in force from the start of this year, begins at a low rate of S$5 per tonne of greenhouse emissions. While...

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