Singapore Under Pressure to Disclose Carbon Tax Breaks for Oil Companies

Singapore faces scrutiny over its carbon tax concessions for oil companies, raising concerns about the potential hindrance to cleaner energy transition in Southeast Asia.

• Environmentalists are pressing Singapore for transparency regarding the carbon tax breaks provided to major petroleum corporations, fearing they undermine climate goals.
• Singapore is the only country in Southeast Asia to implement a carbon tax, while other regions like the European Union and California have similar measures.
• The discounts on carbon tax could jeopardize efforts to shift towards cleaner energy, a concern highlighted by conservation groups in the city-state.