Singapore expands emissions database as carbon tax set to nearly double

As Singapore gradually raises its carbon tax, household electricity bills are beginning to feel the impact. (Photo: iStock)

To bring corporate carbon reporting closer to on-the-ground realities, the Singapore Business Federation (SBF) announced on Jan. 22 an expansion of the national emissions factors database, adding 94 new emission factors across the services, information and communications technology (ICT), industrial and energy sectors.

Meanwhile, as Singapore prepares to raise its carbon tax to SGD 45 (about 35 USD) per tonne from 2026, the government has planned to provide subsidies to households to cushion the impact of rising electricity prices.