Carbon Tax-Paying Firms Can Carry over Unused Offsets to 2026 Amid Limited Carbon Credit Supply

Carbon tax-paying firms can carry over unused offsets to 2026 amid limited carbon credit supply

Firms in Singapore liable for carbon tax can roll over unused offset quota to 2026 due to limited carbon credit supply. Read more at straitstimes.com.

Singapore extends offset rollover for carbon tax-liable firms amid shortage

Singapore will again allow companies under its carbon tax to carry over unused international carbon credits (ICCs) into the following year, as a shortage of eligible units under the city-state’s Article 6 framework persists.

Carbon tax-liable companies can carry over unused carbon credit offset quota from 2025

A credit conversion formula will be applied to adjust the amount being rolled over