Singapore Country Report
Singapore is the most industrialized and urbanized country in Southeast Asia. It is totally dependent on oil and natural gas imports to satisfy its energy needs. It has a national energy policy framework to maintain a balance among the policy objectives of economic competitiveness, energy security and environmental sustainability. Singapore has a national target of improving energy intensity by 20 percent by 2020 and by 35 percent by 2030 compared with 2005. It also has a voluntary target of reducing carbon dioxide (CO2) emissions by 7-11 percent below business-as-usual levels in 2020. This will be increased to 16 percent below business-as-usual levels if there is a global agreement on climate change.
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