Jan. 5, 2022 — Large emitters in Singapore could have the option of buying international carbon credits to reduce the carbon tax they have to pay here, The Straits Times reported.
The option would be available as a second step after cutting local emissions, the newspaper reported, citing the National Climate Change Secretariat.
Carbon Tax story, same newspaper:
The report cites an IMF plan for a three-tiered global carbon tax rate published by the IMF and previously reported on by CarrZee.
Search for “IMF” on CarrZee.org
(Updates with IMF context)
G20 carbon tax story on CarrZee.org — Link: here
IMF blog from June: