S’poreans willing to fork out 1% of income to ensure no more haze: Study

 

It was reported that researchers from NUS – Ms Yuan LIN from NUS Faculty of Engineering; and Mr Lahiru Wijedesa and Dr Ryan CHISHOLM from NUS Faculty of Science – have found that people in Singapore are willing to cough up nearly one per cent of their annual income in order to guarantee the absence of transboundary haze for a year. In total, they are willing to pay US$643.5 million (S$913 million) a year – large enough to make a “substantive impact on the problem” if used for land conservation and restoration, the researchers stated in a paper published in the February issue of Environmental Research Letters journal.

 

Source : TODAY (Thursday, 9 February 2017)

 

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