Sustainability was a key pillar that was mentioned in the 2024 Budget debate for multiple ministries.
What are some of the new measures, and what do they mean for different groups of people? The Straits Times summarises some of the key announcements, from an expanded climate voucher scheme for purchasing energy-saving and water-saving appliances to a new requirement for businesses to declare their carbon footprint.
FOR HOUSEHOLDS
$300 worth of climate vouchers for HDB households From April 15, all HDB households will receive $300 worth of evouchers that can be used to purchase 10 types of energy-saving and water-saving appliances, from air-conditioners to washing machines and refrigerators. The vouchers will be in denominations of $2, $5, $10 and $50, and there will be no restrictions on the amount usable for any appliance.
The vouchers will be valid until Dec 31, 2027, and are an expansion of the current Climate Friendly Households Programme rolled out in November 2020, giving households in one- to three-room HDB flats $225 worth of vouchers. These vouchers were limited to $150 for energy-saving refrigerators, $25 for LED lights and $50 for water-saving shower fittings.
New energy-efficient requirements for household water heaters As water heaters are the third most energy-intensive appliances used in households, making up about 10 per cent of a typical household's energy consumption, minimum energy standards will be developed to phase out the least efficient ones.
A five-tick rating scale, which is already applied to appliances like air-conditioners and refrigerators, will also be applied to water heaters to help consumers identify the efficient models more easily. Consumers can save up to $115 a year in electricity costs by swopping their onetick water heater for a more efficient five-tick water heater.
FOR LANDOWNERS
Diese Geschichte stammt aus der March 11, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 11, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
RED DOT LOOKS FRESH TO RAKE IN THE CASH
In All His Glory and Bransom also signal their intentions with eye-catching hit-outs
KOSI IS VOTED CHAMPION YET AGAIN
Four gongs for Lim’s Kosciuszko, big night for Ong, Seow, Nunes and Lim’s Stable
Post-layofis, Citi Private Ban optimistic about S'pore, region
It is laying groundwork to add new clients, deepen investments, deliver better returns
Wee Hur in sweet spot’ to capitalise on student housing boom
Its purpose-built student accommodation in Australia set to be its biggest cash cow
Unfilled premium office towers reflect HK market’s woes
Cost cutting by international banks, slow return of mainland firms among factors
Perth joins financial hubs in rarefied world of family offices
Number of family offices worldwide tripled between 2019 and 2023 to almost 4,600
IN GOOD LIGHT
The Straits Times follows artists who are busy setting up their installations for the i Light Singapore festival.
Pioneer planner and URA founder Alan Choe dies at 93
He played key role in laying foundation for urban development, heritage conservation
PM Wong to make early introductory visit to Kuala Lumpur
Prime Minister Lawrence Wong is planning an early visit to Kuala Lumpur as part of a series of introductory visits to Asean capitals.
Unlimited sea access, affordable housing among ideas for Long Island
Public feedback given at engagement sessions on plans for reclamation project