A bar and line graph with two axes. It shows the carbon tax amount in Singapore from 2023 to 2030. The bars show the carbon tax price in Singapore, set to increase from SGD 5 in 2023, to SGD 25 in 2025, to SGD 45 in 2029, and SGD 50 in 2030. The line graph shows how much a company which emits at least 25,000 tCO2e a year needs to pay at a minimum. In 2023, that amount is SGD 125,000. This value shoots up to SGD 1,250,000 in 2030.

Carbon tax amount in Singapore, and how much a company needs to pay at minimum, from 2023 to 2030

Carbon tax price in Singapore (SGD/tCO2e)

How much a company needs to pay at minimum (SGD)

How much a company needs to pay at minimum (SGD)

Carbon tax price in Singapore (SGD/tCO2e)

Source: The Straits Times.

In 2030, the carbon tax price has been predicted to be between SGD 50 to 80.

In this graph, we used the lowest value in that range.

A bar and line graph with two axes. It shows the carbon tax amount in Singapore from 2023 to 2030. The bars show the carbon tax price in Singapore, set to increase from SGD 5 in 2023, to SGD 25 in 2025, to SGD 45 in 2029, and SGD 50 in 2030. The line graph shows how much a company which emits at least 25,000 tCO2e a year needs to pay at a minimum. In 2023, that amount is SGD 125,000. This value shoots up to SGD 1,250,000 in 2030.

Carbon tax amount in Singapore, and how much a company needs to pay at minimum, from 2023 to 2030

Carbon tax price in Singapore (SGD/tCO2e)

How much a company needs to pay at minimum (SGD)

Carbon tax price in Singapore (SGD/tCO2e)

How much a company needs to pay at minimum (SGD)

Source: The Straits Times.

In 2030, the carbon tax price has been predicted to be between SGD 50 to 80. In this graph, we used the lowest value in that range.

A bar and line graph with two axes. It shows the carbon tax amount in Singapore from 2023 to 2030. The bars show the carbon tax price in Singapore, set to increase from SGD 5 in 2023, to SGD 25 in 2025, to SGD 45 in 2029, and SGD 50 in 2030. The line graph shows how much a company which emits at least 25,000 tCO2e a year needs to pay at a minimum. In 2023, that amount is SGD 125,000. This value shoots up to SGD 1,250,000 in 2030.

Carbon tax amount in Singapore, and how much a company needs to pay at minimum, from 2023 to 2030

Carbon tax price in Singapore (SGD/tCO2e)

How much a company needs to pay at minimum (SGD)

Source: The Straits Times.

In 2030, the carbon tax price has been predicted to be between SGD 50 to 80. In this graph, we used the lowest value in that range.