Shell sets price of US$40 per tonne as scenario planning for carbon emissions [News]

July 9, 2013 by  
Filed under News

By S Ramesh, Channel NewsAsia, 7 Jun 2013.

Scenario planning and its importance in charting Singapore’s long-term challenges were the subjects of discussion at a public lecture on Friday.

The Shell Global Scenarios event was jointly organised by the oil giant and Singapore’s Institute of Policy Studies.

While Singapore may not have a carbon tax regime yet, Shell International’s chief political analyst said the company has been using US$40 per tonne for carbon emissions, as a planning norm in its investment decisions.

Dr Cho-Oon Khong and other speakers at the lecture also felt it is important for citizens to take climate challenge more seriously.

Citizens must also recognise that climate change will have an increasing impact on their lives.

Click here to read the full article.

Source: Channel NewsAsia

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