Committee of Supply 2026 debate, Day 1: Mark Lee on competitive decarbonisation
In a more fragmented global environment, climate policy is no longer moving in lockstep. Singapore, as a small and trade-exposed economy, must navigate this divergence carefully. NMP Mark Lee said this in parliament on Thursday (Feb 26). He wanted to know how the government continuously assesses whether Singapore's carbon pricing remains aligned with major trading partners. He also proposed structured supply chain coordination to manage decarbonisation, and wanted to know if the government will consider scaling such supply chain-led models so that decarbonisation becomes coordinated and investible, rather than uneven and burdensome.
In a more fragmented global environment, climate policy is no longer moving in lockstep. Singapore, as a small and trade-exposed economy, must navigate this divergence carefully. NMP Mark Lee said this in parliament on Thursday (Feb 26). He wanted to know how the government continuously assesses whether Singapore's carbon pricing remains aligned with major trading partners. He also proposed structured supply chain coordination to manage decarbonisation, and wanted to know if the government will consider scaling such supply chain-led models so that decarbonisation becomes coordinated and investible, rather than uneven and burdensome.
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