BUSINESS TIMES – This Week’s Topic: What will be the impact of Singapore’s new carbon tax on industry and economy? Is there a trade-off between going green and economic growth?
FUNDAMENTALLY, it is now the role of business to help make the world a better place. Occasionally, some incentives are required.
Singapore is doing the right thing and demonstrating good leadership on this front in the region and in the world. I believe business and industry will lean in, embrace the new standards and help to lead the way.
After all, there is really no choice in the matter.
Regional President Asia
12 March 2018