Climate timelines are not set by elections or cost curves, reminds the country’s ex-central banker Ravi Menon. But he cautioned that in the short term, political headwinds and the US climate retreat could impact investment decisions.
Lawrence Wong says the government will reorganise itself to “provide greater emphasis” on looking at how atomic energy can be tapped. He downplayed the potential of hydrogen.
The European Union (EU) ’s Carbon Border Adjustment Mechanism (CBAM) imposes significant costs on countries with high carbon emission intensity and substantial export dependence.