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While silent on the fact that her CCB Familee TRAITORS are already imposing the highest electricity tariffs in the world despite natural gas price still falling. If the Sillyporns refuse to overthrow these CCB Familee TRAITORS, they deserve to be condemned in HELL!
<TABLE border=0 cellSpacing=0 cellPadding=0 width=789><TBODY><TR><TD><TABLE border=0 cellSpacing=0 cellPadding=0 width=789><TBODY><TR><TD class=newstitle width=500>Singapore News</TD><TD vAlign=bottom width=329 align=right><TABLE border=0 cellSpacing=0 cellPadding=0 width=282 align=center><TBODY><TR><TD width=25>
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By Satish Cheney | Posted: 01 November 2010 1404 hrs
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</TD></TR><TR><TD height=60 vAlign=top> </TD><TD class=update height=80 vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD bgColor=#f6f6f6 width=138>Photos </TD><TD bgColor=#f6f6f6 width=47>2 of 2</TD><TD bgColor=#f6f6f6 width=18><INPUT id=btnPrev disabled onclick=Prev(); value="<< Previous" src="http://www.channelnewsasia.com/images/butt_previous.gif" width=18 height=15 type=image></TD><TD bgColor=#f6f6f6 width=19><INPUT id=bntPlay onclick=Play() value="Play - Stop" src="http://www.channelnewsasia.com/images/butt_stop.gif" width=19 height=15 type=image></TD><TD bgColor=#f6f6f6 width=18><INPUT id=btnNext disabled onclick=Next(); value=" Next >> " src="http://www.channelnewsasia.com/images/butt_next.gif" width=18 height=15 type=image></TD></TR></TBODY></TABLE>
PM Lee Hsien Loong speaking at the Singapore Energy Lecture</TD></TR><TR><TD> </TD><TD class=update> </TD></TR><TR><TD> </TD><TD><TABLE style="BACKGROUND-COLOR: #cccccc" border=0 cellSpacing=0 cellPadding=0 width=240><TBODY><TR><TD vAlign=top width="100%"><TABLE border=0 cellSpacing=1 cellPadding=0 width="100%"><TBODY><TR style="BACKGROUND-COLOR: #ffffff"><TD><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=topic vAlign=top> Video </TD></TR><TR><TD bgColor=#cccccc vAlign=top>
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</TD><TD class=bodytext vAlign=top width="60%" align=left>Carbon tax needed if global emission-curbing regime arises: PM Lee</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD vAlign=top background=images/dotline_240.gif align=left>
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SINGAPORE: Singapore will have to apply a carbon price - be it through a carbon tax or a cap and trade scheme - to send the right price signals, if there's a global regime to curb carbon emissions.
This is according to Prime Minister Lee Hsien Loong who was speaking at the Singapore Energy Lecture on Monday.
The Ministry of Finance had previously said it would be "more practical" to reduce carbon emissions through taxes because Singapore is a small domestic market with only "a few large energy consumers".
PM Lee said it is not enough to just push for efficiency gains because of the rebound effect.
Consumers would just use more efficient appliances more often, thereby increasing overall consumption.
So, there's a need to impose a charge to induce consumers to change their behaviour.
Mr Lee said this at the Singapore Energy Lecture on Monday.
He said this was part of a four-pronged strategy to prepare itself for the future energy landscape.
"If there's a global regime to curb carbon emissions, that means that Singapore will have to reduce our own emissions more sharply than we are doing now, in order to comply with international obligations, and we would have to make the carbon price explicit to send the right price signals," said PM Lee.
Analysts said it is not easy to figure out how a carbon tax will impact consumers and companies here in Singapore as details are not available for now.
But green activists welcome the idea, saying it will encourage more environmentally-conscious behaviour.
One suggestion is to invest the money collected towards energy research.
Howard Shaw, Executive Director of Singapore Environment Council said: "Currently the energy tariff is a flat figure. So, if you use more, you pay more. Perhaps one way of moving forward from that is to divide households into lower energy users, average energy users and high energy users.
"Basically, the high energy users will be subject to a different higher tariff. So, the more you use, the more you pay in terms of rate."
India, which is Asia's third-largest energy consumer, already has a carbon tax.
In July this year, the Indian government introduced a nationwide carbon tax of 50 rupees per metric tonne of coal both produced and imported into India. Officials expect to raise 25 billion rupees for the financial year 2010-2011 from the tax which they are hoping to use for a clean energy fund.
Countries like Japan and South Korea are considering implementing a carbon tax.
Meanwhile, Mr Lee says there are many uncertainties surrounding the energy climate.
So Singapore is diversifying its energy supplies as well as investing in energy research.
The prime minister noted that several Southeast Asian countries are planning to build nuclear power plants.
Given its small size, safety is a major concern for Singapore.
At the same time, he said the nuclear energy option could not be totally dismissed.
"There is often strong resistance in countries - from the green movement, from populations who have witnessed accidents like Chernobyl, and are fearful and anxious about their safety. But if we look at this rationally, without nuclear energy, the world cannot make sufficient progress in dealing with global warming," said Mr Lee.
He added it would be a long time before Singapore takes any decision on nuclear energy, but it should ready itself to do so.
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By Satish Cheney | Posted: 01 November 2010 1404 hrs
<TABLE border=0 cellSpacing=0 cellPadding=0 width=260 align=right><TBODY><TR><TD width=20 align=right> </TD><TD width=240 align=right>
PM Lee Hsien Loong speaking at the Singapore Energy Lecture</TD></TR><TR><TD> </TD><TD class=update> </TD></TR><TR><TD> </TD><TD><TABLE style="BACKGROUND-COLOR: #cccccc" border=0 cellSpacing=0 cellPadding=0 width=240><TBODY><TR><TD vAlign=top width="100%"><TABLE border=0 cellSpacing=1 cellPadding=0 width="100%"><TBODY><TR style="BACKGROUND-COLOR: #ffffff"><TD><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=topic vAlign=top> Video </TD></TR><TR><TD bgColor=#cccccc vAlign=top>
</TD><TD class=bodytext vAlign=top width="60%" align=left>Carbon tax needed if global emission-curbing regime arises: PM Lee</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD vAlign=top background=images/dotline_240.gif align=left>
SINGAPORE: Singapore will have to apply a carbon price - be it through a carbon tax or a cap and trade scheme - to send the right price signals, if there's a global regime to curb carbon emissions.
This is according to Prime Minister Lee Hsien Loong who was speaking at the Singapore Energy Lecture on Monday.
The Ministry of Finance had previously said it would be "more practical" to reduce carbon emissions through taxes because Singapore is a small domestic market with only "a few large energy consumers".
PM Lee said it is not enough to just push for efficiency gains because of the rebound effect.
Consumers would just use more efficient appliances more often, thereby increasing overall consumption.
So, there's a need to impose a charge to induce consumers to change their behaviour.
Mr Lee said this at the Singapore Energy Lecture on Monday.
He said this was part of a four-pronged strategy to prepare itself for the future energy landscape.
"If there's a global regime to curb carbon emissions, that means that Singapore will have to reduce our own emissions more sharply than we are doing now, in order to comply with international obligations, and we would have to make the carbon price explicit to send the right price signals," said PM Lee.
Analysts said it is not easy to figure out how a carbon tax will impact consumers and companies here in Singapore as details are not available for now.
But green activists welcome the idea, saying it will encourage more environmentally-conscious behaviour.
One suggestion is to invest the money collected towards energy research.
Howard Shaw, Executive Director of Singapore Environment Council said: "Currently the energy tariff is a flat figure. So, if you use more, you pay more. Perhaps one way of moving forward from that is to divide households into lower energy users, average energy users and high energy users.
"Basically, the high energy users will be subject to a different higher tariff. So, the more you use, the more you pay in terms of rate."
India, which is Asia's third-largest energy consumer, already has a carbon tax.
In July this year, the Indian government introduced a nationwide carbon tax of 50 rupees per metric tonne of coal both produced and imported into India. Officials expect to raise 25 billion rupees for the financial year 2010-2011 from the tax which they are hoping to use for a clean energy fund.
Countries like Japan and South Korea are considering implementing a carbon tax.
Meanwhile, Mr Lee says there are many uncertainties surrounding the energy climate.
So Singapore is diversifying its energy supplies as well as investing in energy research.
The prime minister noted that several Southeast Asian countries are planning to build nuclear power plants.
Given its small size, safety is a major concern for Singapore.
At the same time, he said the nuclear energy option could not be totally dismissed.
"There is often strong resistance in countries - from the green movement, from populations who have witnessed accidents like Chernobyl, and are fearful and anxious about their safety. But if we look at this rationally, without nuclear energy, the world cannot make sufficient progress in dealing with global warming," said Mr Lee.
He added it would be a long time before Singapore takes any decision on nuclear energy, but it should ready itself to do so.
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Lidat still mus pay karbon tax onot har? 
Neber use eelectricksiti u noe...:o
