Wednesday, July 21, 2010

Public Environmental Policy

Someone asked me - why doesn't the Singapore government do more in the way of incentivising private enterprise to be more environmentally conscious, e.g. by offering tax rebates to energy efficient / green rated buildings (apparently the US does this), or else just outright banning the use of plastic bags.

Am thinking through this and will put my thoughts down once I have them.

Postscript 19 Aug 2010 - Article in the papers today about the HDB conducting a mass tender to replace light bulbs with LED bulbs, some of which will also have motion sensor technology. And in the papers on 18 Aug 2010, an article about how new buildings (though not sure if all over Singapore or only in certain areas like Marina) have to be Platinum Green Mark (Green Mark is a building certification scheme by the Building and Construction Authority of Singapore that grades buildings on environmental design and performance, more info at http://www.bca.gov.sg/greenmark/green_mark_buildings.html). Not sure there are actually actual fiscal benefits for Green Mark certification though.

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