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?

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.