Event

 

Carbon pricing has been spotlighted as a key policy instrument to achieve climate mitigation targets among countries around the world. Due to its cost-effectiveness and flexibility in reducing greenhouse gas emissions, a growing number of national and local governments have introduced carbon pricing schemes since the Nordic countries adopted carbon taxes in the early 1990s. The concept of carbon pricing was not limited to government-level legislation but also applied at the company level, which is called internal carbon pricing. For the last three years, the Energy Studies Institute (ESI)’s research project, “Carbon Pricing Strategies of Other Key Economies,” examined the international experience of these government-led and business-led carbon pricing schemes, including the motivation of the scheme adoption, scheme design, and the impacts of the schemes. To share our key findings, ESI cordially invites you to the project closing workshop. This workshop will provide helpful insights about how to make Singapore’s carbon tax achieve both climate and economic goals by presenting several comparative case studies and empirical analysis results.