Budget 2026: Weak global climate action may keep 2030 carbon tax at lower end of $50 to $80 range

Budget 2026: Weak global climate action may keep 2030 carbon tax at lower end of $50 to $80 range

Singapore's carbon tax may remain at the lower end of the projected range by 2030 due to weak global climate action, as the nation balances commitments with competitiveness. Read more at straitstimes.com.

Singapore may slow carbon tax price increases if global climate action

In his budget address, Singapore's premier said that global climate action had slowed and noted that the city's emissions reduction efforts would not compromise economic competitiveness. He also announced a new target to ramp up renewables.

Budget 2026: A lower carbon tax may slow Singapore’s decarbonisation

However, sustainability experts say there are other measures to continue the push towards the low-carbon transition