Industry decarbonisation: Singapore to invest S$143m to develop low-carbon technologies

The whole transition is a three-way squeeze on the public: upfront tax money funds corporate R&amp;D, power plants pass the carbon tax straight into higher electricity bills, and industries bake those compliance costs into everyday product inflation. We pay to subsidize the tech, pay at the socket, and pay at the checkout—with no tangible real climate achievement other than tax hikes. Time to rethink clearly at the next poll.<br>Sort by Newest to read more comments.

The climate goal is basically piling an 800% to 1,500% carbon tax hike (from S$5 up to S$45–S$80) to force net-zero by 2050, baking in inflation to artificially prop up growth metrics and justify their own relevance at our expense, while other governments actually protect energy affordability for their own people.<br>Sort by Newest to read more comments.

Let’s expose the sheer theater of this carbon credit charade: the government is aggressively hiking our domestic carbon tax to S$45 per tonne, forcing Singaporean citizens to pay heavily inflated electricity bills under the delusion that we are saving the planet.
<br>The entire global framework is a joke—Singapore has only managed to sign binding Article 6 carbon agreements with a handful of remote, economically irrelevant nations like Ghana, Peru, and Paraguay. Meanwhile, global manufacturing giants and our immediate neighbors—China, Japan, and Indonesia—are completely absent from this agreement. They continue to burn massive amounts of cheap coal to keep electricity affordable for their own citizens and industries, while Singaporean households are financially squeezed to fund a green optical illusion.
<br>Squeezing a captive domestic audience changes absolutely nothing globally when the real industrial polluters operate completely outside the system. This isn&#39;t environmental leadership; it&#39;s a calculated revenue extraction ploy wrapped in green compliance to deceive the nation.