Influence: Budget 2022 – Understanding Singapore’s carbon tax hike

Influence: Budget 2022 – Understanding Singapore’s carbon tax hike

Singapore will raise the carbon tax rate from the current $5 per tonne of emissions to between $50 and $80 by 2030, in a move that will help the Republic reach new, more ambitious climate goals. Mark Addy, Partner, Energy & Natural Resources, Tax, KPMG in Singapore and Michelle Martin discuss what this means for households ,businesses and Singapore's green strategy.

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