The carbon tax rate in Singapore will be increased from the current $5 per tonne of emissions to between $50 and $80 by 2030, a move that will help the nation reach new, more ambitious climate goals.

Finance Minister Lawrence Wong said in his Budget speech that the aim is for emissions to dwindle to net zero by or around 2050, 

On Sustainable Singapore, hosts Shehzad Haque and Melissa Hyak spoke to Som Shantanu, Regional Engineering Director of GE Gas Power on what the carbon tax price increase means for the energy market in Singapore.

The carbon tax rate in Singapore will be increased from the current $5 per tonne of emissions to between $50 and $80 by 2030, a move that will help the nation reach new, more ambitious climate goals.
Finance Minister Lawrence Wong said in his Budget speech that the aim is for emissions to dwindle to net zero by or around 2050,&nbsp;
On Sustainable Singapore, hosts Shehzad Haque and Melissa Hyak spoke to Som Shantanu, Regional Engineering Director of GE Gas Power on what the carbon tax price increase means for the energy market in Singapore.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.