With an emissions trading system, the policy involves setting a total cap or limit on carbon emissions, which makes companies switch to low-emission or renewable energy sources. In contrast, a carbon tax establishes a price directly on carbon emissions so that companies are charged a certain amount for every tonne of emissions produced.

While some countries have adopted both an ETS and a carbon tax, other countries have chosen to adopt one policy only. But, the question is - which policy can more effectively reduce carbon emissions?

On this episode of Eco Money, Daniel Lee, Associate Professor of Practice at the Nanyang Business School and Director of the Carbon Markets Academy at NTU’s College of Business shares his insights.

Presented by: Emaad Akhtar
Produced by: Yeo Kai Ting (ykaiting@sph.com.sg) 
Photo credits: pixabay & its talented community of contributors

With an emissions trading system, the policy involves setting a total cap or limit on carbon emissions, which makes companies switch to low-emission or renewable energy sources. In contrast, a carbon tax establishes a price directly on carbon emissions so that companies are charged a certain amount for every tonne of emissions produced.
While some countries have adopted both an ETS and a carbon tax, other countries have chosen to adopt one policy only. But, the question is - which policy can more effectively reduce carbon emissions?
On this episode of Eco Money,&nbsp;Daniel Lee, Associate Professor of Practice at the Nanyang Business School and Director of the Carbon Markets Academy at NTU&rsquo;s College of Business shares his insights.
Presented by: Emaad Akhtar Produced by: Yeo Kai Ting (<a href="mailto:ykaiting@sph.com.sg">ykaiting@sph.com.sg</a>)&nbsp; Photo credits: pixabay &amp; its talented community of contributors

From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what’s happening — and what’s worth your attention.

Start your day with the stories shaping Singapore — and your place in it.

Join Neil Humphreys and Audrey Siek as they cover the biggest headlines, trending topics, and everyday conversations, unpacked through fresh perspectives, expert insights, and engaging discussion. From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what’s happening — and what’s worth your attention.

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Start your day with the stories shaping Singapore &mdash; and your place in it.
Join Neil Humphreys and Audrey Siek as they cover the biggest headlines, trending topics, and everyday conversations, unpacked through fresh perspectives, expert insights, and engaging discussion. From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what&rsquo;s happening &mdash; and what&rsquo;s worth your attention.
And it&rsquo;s not just talk &mdash; it&rsquo;s your voice. Through polls, messages, and live call-ins, listeners are part of the conversation, sharing their views and shaping the discussion in real time. With a mix of clarity, curiosity, and personality, Let&rsquo;s Talk, Singapore keeps you informed, connected, and ready for the day ahead.