Debated in Parliament on 9 Nov 2022.
Mr Yip Hon Weng asked the Minister for Trade and Industry in view of the new target to reach net-zero greenhouse gas emissions by 2050 and with the revised target to reduce our emissions to around 60 million tonnes of CO2 equivalent in 2030 (a) what will be the financial implications on our businesses; and (b) how will the Government help our businesses to cope with additional financial costs of meeting our long-term national climate change targets.
I thank the Member for the question. This question has been addressed in my reply to Question Nos 32 and 33 for oral answer on the Order Paper for 7 November 2022. [Please refer to "Support for Development of Green Local Firms and Uptake of Enterprise Sustainability Programme", Official Report, 7 November 2022, Vol 95, Issue 73, Written Answers to Questions for Oral Answer not Answered by End of Question Time section.]
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