Excerpts fron the Speech by Dr Vivian Balakrishnan, Minister for the Environment and Water Resources, Committee of Supply Debate 2013 [Speeches]
On Energy and Climate Change:
We will continue to work with companies, incentivise them and provide schemes such as the Grant for Energy Efficient Technologies (GREET) as well as extending the Singapore Certified Energy Manager training grant. All those will enhance capability and technology.
The Mandatory Energy Labelling Scheme (MELS) and the Minimum Energy Performance Standards (MEPS) have been very effective in expanding the range of higher energy-efficient appliances on the market and making them more affordable. Quite frankly, people will save money in the medium to long run if they buy more energy-efficient appliances, whether it is air- conditioners, refrigerators, washing machines and the like. We also need to encourage people to look beyond the initial sticker price to the total cost of ownership.
You ask whether we are worried about rising sea levels. Yes, we are. We are anticipating that it could go up by anywhere between 60cm to a metre, and beyond. And that is why last year, we changed our platform levels for all reclaimed land – we added another metre. So all reclaimed land now will be at least 2.25 metres above the highest-recorded sea level. This is buying insurance for the future. If it does not happen, treat it as a sandbag. If it does happen, we will prepare, and we have to prepare to adapt faster, and be aware of what is going on in science.