Consultation on Singapore's National Climate Change Strategy

This is interesting - gov.sg is asking for public feedback and opinions on countering climate change. You can almost hear the alarm bells ringing. Hmmph.

mewr.gov.sg :

Climate change is without a doubt, one of the most important environmental challenges confronting the global community today. Countries all over the world are already experiencing the effects of climate change and Singapore is not spared.

As a sign of our commitment to address climate change, Singapore has acceded to the Kyoto Protocol in Apr 2006. In addition, the Ministry of the Environment and Water Resources (MEWR) and the National Environment Agency (NEA) are developing a National Climate Change Strategy (NCCS) in partnership with other government agencies.

MEWR and NEA is seeking feedback on the NCCS, particularly in the following areas:

* Ideas on how our existing measures can be improved;
* Comments on our proposed climate change measures;
* Other climate change measures we should explore

If you have any questions or enquiries, you may also email to mewr_nccs@mewr.gov.sg. The deadline for responding to this consultation is 30 September 2006. We look forward to hearing from you!

Markets sell-off again

news.bbc.co.uk :

World share prices have fallen sharply again, this time due to concerns over surging oil prices, rising interest rates and jittery US consumers. Share dealers across Europe had their fingers on the sell button, with the leading indexes in France, Germany and the UK all falling by nearly 2.5%. In the US leading shares had slipped 1.6% by the close of trade. Global markets have been volatile in recent weeks, worried about signs that the US economy is overheating.

Traders are worried that high oil and commodity prices and a surging US economy will send inflation higher, putting pressure on central bankers there to raise interest rates. On Tuesday crude oil prices passed $72 in New York trading and a report from the US Conference Board said consumer confidence had fallen sharply in May, although it had been at a four-year-high in April.

- And they were doing so well in the earlier part of the session. No matter, "buy on weakness" is a good way to accumulate. When people panic and sell, some of us will step up to buy. Call us contrarians, call us speculators, whatever. After all, you need a buyer and a seller in order to get a transaction to go through. Right? Seeya on the other side of $75 oil ...

(2006-05-31 11:18:47 SGT) [Biz] Permalink

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