Bloomberg.com, 26 Oct 2009
Singapore, Asia’s biggest oil- trading center, may allow the sale and purchase of emissions on a new exchange as part of its plan to become Asia-Pacific’s carbon hub.
Singapore plans to become a carbon-trading center by giving incentives to developers of carbon projects. The government of the city-state, which is a hub for banks and investors, is offering tax breaks and setting up a clean-energy industrial park to boost the carbon-trading business, Iswaran said.
Full Story
