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Embarking on the green journey

THIS WEEK'S TOPIC: How do you see carbon trading as a tool for businesses to reduce their greenhouse gas emissions?

    Published Sun, Jun 13, 2021 · 09:50 PM

    THIS WEEK'S TOPIC: How do you see carbon trading as a tool for businesses to reduce their greenhouse gas emissions?

    Lawrence Loh Director, Centre for Governance and Sustainability NUS Business School

    As a market-based mechanism to reduce greenhouse gas emission, carbon trading is an effective moderator. However, it cannot be a steady-state solution as businesses can still pay off their emissions. In the longer term, it is better to cut these emissions at source through sustainable practices and products.

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