Carbon credits:  Singapore's climate goals?

Concerns linger over carbon offsets. Why?

New criteria for Singapore's carbon tax offset

How are S'pore firms' carbon offsets vetted?

What are corresponding adjustments?

Possible increase in 5% carbon offset cap?

Find out why support from governments could be just what the market needs to improve quality and integrity.

Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

Carbon credits have been in the news a lot lately. And not always for the right reasons, with concerns about whether they really do help reduce emissions. 

Yet carbon credits can be a useful tool in tackling climate change. Paying investors for every tonne of carbon emissions they take out of the atmosphere or avoid from being emitted can help developing nations ramp up climate action. 

What is needed is tougher standards and more careful vetting of carbon offset projects. And Singapore, which is positioning itself as a global hub for carbon offset trading and project financing, is helping drive efforts to boost the quality and integrity of carbon offsets. 

For instance, the government recently announced the eligibility criteria for carbon offsets that can be used by big polluters under the nation’s carbon tax regime. 

In this episode, ST's climate editor David Fogarty hosts Singapore’s Minister for Sustainability and the Environment Grace Fu, to find out more about this. 

Highlights (click/tap above):

1:05 Why are carbon credits a useful tool and how can they help Singapore meet its climate targets?

5:26 Yet concerns remain about carbon offsets. Why is that?

9:59 What are the new eligibility criteria for offsets that can be used in Singapore’s carbon tax regime?

15:03 How will carbon offsets used by firms in Singapore be vetted?

19:37 What are corresponding adjustments?

24:05 Will the 5 per cent offset cap in the carbon tax scheme be increased?

Produced by: David Fogarty (dfogarty@sph.com.sg), Ernest Luis, Hadyu Rahim & Amirul Karim

Edited by: Hadyu Rahim

Follow Green Pulse Podcast here and rate us:

Channel: https://str.sg/JWaf

Apple Podcasts: https://str.sg/JWaY

Spotify: https://str.sg/JWag

Website: http://str.sg/stpodcasts

Feedback to: podcast@sph.com.sg

Follow David Fogarty on X: https://str.sg/JLM6

Read his articles: https://str.sg/JLMu

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Discover more ST podcast channels:

COE Watch: https://str.sg/iTtE

In Your Opinion: https://str.sg/w7Qt

Asian Insider: https://str.sg/JWa7

Health Check: https://str.sg/JWaN

Green Pulse: https://str.sg/JWaf

Your Money & Career: https://str.sg/wB2m

ST Sports Talk: https://str.sg/JWRE

#PopVultures: https://str.sg/JWad

Music Lab: https://str.sg/w9TX

Discover ST Podcasts: http://str.sg/stpodcasts

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Special edition series:

True Crimes Of Asia (6 eps): https://str.sg/i44T

The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

Invisible Asia (9 eps): https://str.sg/wuZn

Stop Scams (10 eps): https://str.sg/wuZB

Singapore's War On Covid (5 eps): https://str.sg/wuJa

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Follow our shows then, if you like short, practical podcasts!

#greenpulse

Find out why support from governments could be just what the market needs to improve quality and integrity.
Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
Carbon credits have been in the news a lot lately. And not always for the right reasons, with concerns about whether they really do help reduce emissions. 
Yet carbon credits can be a useful tool in tackling climate change. Paying investors for every tonne of carbon emissions they take out of the atmosphere or avoid from being emitted can help developing nations ramp up climate action. 
What is needed is tougher standards and more careful vetting of carbon offset projects. And Singapore, which is positioning itself as a global hub for carbon offset trading and project financing, is helping drive efforts to boost the quality and integrity of carbon offsets. 
For instance, the government recently announced the eligibility criteria for carbon offsets that can be used by big polluters under the nation’s carbon tax regime. 
In this episode, ST's climate editor David Fogarty hosts Singapore’s Minister for Sustainability and the Environment Grace Fu, to find out more about this. 
Highlights (click/tap above):
1:05 Why are carbon credits a useful tool and how can they help Singapore meet its climate targets?
5:26 Yet concerns remain about carbon offsets. Why is that?
9:59 What are the new eligibility criteria for offsets that can be used in Singapore’s carbon tax regime?
15:03 How will carbon offsets used by firms in Singapore be vetted?
19:37 What are corresponding adjustments?
24:05 Will the 5 per cent offset cap in the carbon tax scheme be increased?
Produced by: David Fogarty (<a href="mailto:dfogarty@sph.com.sg">dfogarty@sph.com.sg</a>), Ernest Luis, Hadyu Rahim &amp; Amirul Karim
Edited by: Hadyu Rahim
Follow Green Pulse Podcast here and rate us:
Channel: <a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Apple Podcasts: <a href="https://str.sg/JWaY">https://str.sg/JWaY</a>
Spotify: <a href="https://str.sg/JWag">https://str.sg/JWag</a>
Website: <a href="http://str.sg/stpodcasts">http://str.sg/stpodcasts</a>
Feedback to: <a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>
Follow David Fogarty on X: <a href="https://str.sg/JLM6">https://str.sg/JLM6</a>
Read his articles: <a href="https://str.sg/JLMu">https://str.sg/JLMu</a>
---
Discover more ST podcast channels:
COE Watch: <a href="https://str.sg/iTtE">https://str.sg/iTtE</a>
In Your Opinion: <a href="https://str.sg/w7Qt">https://str.sg/w7Qt</a>
Asian Insider: <a href="https://str.sg/JWa7">https://str.sg/JWa7</a>
Health Check: <a href="https://str.sg/JWaN">https://str.sg/JWaN</a>
Green Pulse: <a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Your Money &amp; Career: <a href="https://str.sg/wB2m">https://str.sg/wB2m</a>
ST Sports Talk: <a href="https://str.sg/JWRE">https://str.sg/JWRE</a>
#PopVultures: <a href="https://str.sg/JWad">https://str.sg/JWad</a>
Music Lab: <a href="https://str.sg/w9TX">https://str.sg/w9TX</a>
Discover ST Podcasts: <a href="http://str.sg/stpodcasts">http://str.sg/stpodcasts</a>
---
Special edition series:
True Crimes Of Asia (6 eps): <a href="https://str.sg/i44T">https://str.sg/i44T</a>
The Unsolved Mysteries of South-east Asia (5 eps): <a href="https://str.sg/wuZ2">https://str.sg/wuZ2</a>
Invisible Asia (9 eps): <a href="https://str.sg/wuZn">https://str.sg/wuZn</a>
Stop Scams (10 eps): <a href="https://str.sg/wuZB">https://str.sg/wuZB</a>
Singapore's War On Covid (5 eps): <a href="https://str.sg/wuJa">https://str.sg/wuJa</a>
---
Follow our shows then, if you like short, practical podcasts!
#greenpulse

Synopsis: Every first and third Sunday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

Podcaster: David Fogarty

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust.

Synopsis: Every first and third Sunday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
Podcaster: David Fogarty
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media Trust.

Green Pulse

Synopsis: Every first and third Sunday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

Podcaster: David Fogarty

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust

Synopsis: Every first and third Sunday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
Podcaster: David Fogarty
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media Trust

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