LTA’s new role fuels talk of emission-based tax [News]
By Christopher Tan, The Straits Times, 6 Dec 2011.
The Land Transport Authority (LTA) will take over the fuel efficiency labelling of cars from the National Environment Agency (NEA) next year – a move that industry players say could pave the way for an emission-based vehicle tax system in the longer term.
Such a taxation system uses the amount of tailpipe emissions to determine how much a motorist pays in road tax or even excise duty, and has been adopted by several countries in recent years.
Asked if this was the eventual plan, an LTA spokesman would say only: ‘As announced by the Minister for Finance at Budget 2011, the Government is undertaking a comprehensive review on measures to promote the adoption of green vehicles, as part of our efforts to promote sustainable development.’
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Source: The Straits Times